Business

KRA clarifies move to suspend tax reliefs

KRA clarifies move to suspend tax reliefs

The Kenya Revenue Authority (KRA) made a U-turn Wednesday on its decision to suspend tax relief following a public outcry.…
Kenya’s inflation up in four months to 9.2%

Kenya’s inflation up in four months to 9.2%

The high cost of basic household commodities pushed Kenya’s inflation to 9.2 percent, according to the latest report by the…
General Motors cuts salaried staff after sluggish revenue results

General Motors cuts salaried staff after sluggish revenue results

General Motors (GM) is looking to save $2,000,000,000 in revenues, following its lackluster revenue performance in the latest results. In…
Uranium price up to Ksh.6,300 per pound on increased nuclear power demand

Uranium price up to Ksh.6,300 per pound on increased nuclear power demand

Amidst the global energy crisis and the push towards achieving net-zero emissions, nuclear energy is experiencing a resurgence. Countries worldwide…
CS Linturi rallies Pakistan to tap more into Kenya’s Ksh.65 billion agricultural products

CS Linturi rallies Pakistan to tap more into Kenya’s Ksh.65 billion agricultural products

Agriculture Cabinet Secretary Mithika Linturi toured Pakistan Monday and met with the Pakistan Federal Minister of Food Security and Research…
EFG Hermes Kenya launches digital end-to-end registration of new trading accounts

EFG Hermes Kenya launches digital end-to-end registration of new trading accounts

EFG Hermes Kenya, the leading brokerage firm in Kenya, has launched an all-new digital onboarding process for its online trading…
Superior Homes, NCTTCA enter into deal for roadside stations for truck drivers

Superior Homes, NCTTCA enter into deal for roadside stations for truck drivers

Superior Homes Kenya has entered into a partnership with the Northern Corridor Transit and Transport Coordination Authority (NCTTCA) to enhance…
Kenya drops in ranking as most innovative state with Botswana taking lead

Kenya drops in ranking as most innovative state with Botswana taking lead

African states had much to show in the innovative world, at a time when the coronavirus was at its peak…
Kenya Shilling nears 127 mark against dollar after breaking 126 level Wednesday

Kenya Shilling nears 127 mark against dollar after breaking 126 level Wednesday

The Kenyan Shilling took the worst hit to trade at its weakest against the US dollar Friday, perhaps the worst…
Tanzania makes changes in Investment laws favouring foreign investors

Tanzania makes changes in Investment laws favouring foreign investors

The Tanzanian government made changes to its investment laws, heralding opportunities for foreigners seeking to invest in the country. In…
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