Economy
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Uhuru signs Supplementary Bill into law, unlocking Ksh.34 billion to deal with fuel crisis
President Uhuru Kenyatta signed key Parliamentary Bills into law Monday, April 4 to deal with the financing crisis that has…
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President Kenyatta signs 5 parliamentary Bills into law
President Uhuru Kenyatta has signed into law five parliamentary bills among them the 2022 Supplementary I Appropriation Bill (Supplementary Budget).…
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Kenya Shilling hits 15-month all time low to 115 units against US Dollar
The Kenya shilling hit a 15-month all-time low of 115 units against the US dollar Monday, the lowest record in…
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Central, Uhuru Park park to be upgraded to international standard in Ksh.1 billion funding
Members of Parliament passed the bill and mini-budget which will see the upgrade of both Central and Uhuru parks upgraded…
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Naivas, Quickmart expansion shaped real estate growth in Q1 of 2022; see highlights
In quarter one (Q1) of 2022, the Real Estate sector recorded notable activities compared to a similar period in 2021…
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KQ, South Africa Airways to merge under conglomerate in expansion strategy
Kenya Airways (KQ) and South African Airways (SAA) are chatting a path for a joint operation under a conglomerate from…
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Kenya’s top company fears, strengths and strategy to stay relevant in market
Majority of Kenya’s top Chief Executive Officers are uncertain about the country’s and global economy at large due to continued…
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CA to switch off unregistered SIM Cards by April 15
Unregistered SIM cards in Kenya will be deactivated by April 15, 2022. Communications Authority (CA) has already ordered a clean-up…
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Govt sets aside Ksh.5.7 billion fertilizer subsidy fund to cushion farmers
The Kenyan Government has set aside Ksh.5.734 billion to subsidize 114,000MT (2,280,000 x 50kg bags) for farmers growing food crops…
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Tax Tribunal rules withholding tax not applicable on management fee under Kenya, France Double Tax Treaty
The Tax Appeals Tribunal (TAT) rendered its judgment on March 25, 2022, in the case Total Kenya Limited v Commissioner…
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