Business
Kenya spending 64% of tax collected to finance loans
September 16, 2021
Kenya spending 64% of tax collected to finance loans
It now evident that the current debt in Kenya has become a burden, a clearer revelation being on Wednesday when…
Senate Speaker Lusaka summons CS Keter, Munyes over arbitrary hiked fuel prices
September 15, 2021
Senate Speaker Lusaka summons CS Keter, Munyes over arbitrary hiked fuel prices
Fuel prices have risen to the highest level in Kenya’s history after the National Treasury discontinued a subsidy scheme introduced…
PSV to adjust bus fare to pass fuel burden to commuters
September 15, 2021
PSV to adjust bus fare to pass fuel burden to commuters
Stakeholders in Public Service transport are warning that commuter charges will have to rise after the government increased the price…
Rabai Power denies dealing with EPRA and KPLC in recent hiked cost of energy
September 15, 2021
Rabai Power denies dealing with EPRA and KPLC in recent hiked cost of energy
Rabai Power Limited (RPL) has dismissed any underhand dealings with the Energy Petroleum and Regulatory Authority (EPRA) and the Kenya…
Ex-Sports CS Wario found guilty in Rio graft saga
September 15, 2021
Ex-Sports CS Wario found guilty in Rio graft saga
Former Sports Cabinet Secretary Hassan Wario has been found guilty of abuse of office, that led to public funds embezzlement…
Court finds EX-KEMRI CEO Davy Koech guilty of corruption, fined Ksh.19.6 million or sent to prison
September 15, 2021
Court finds EX-KEMRI CEO Davy Koech guilty of corruption, fined Ksh.19.6 million or sent to prison
Former CEO of Kenya Medical Research Inistitute (KEMRI) Davy Koech has been found guilty of corruption. The court has fined…
CBK admits SGR financing by China mounting pressure on public debt
September 15, 2021
CBK admits SGR financing by China mounting pressure on public debt
When Kenya secured a Ksh.352,01 billion (US$.3.2 billion) loan from China in 2014 to construct the Standard Gauge Railway (SGR)…
Auditor General to scrutinize public agencies on unclaimed financial assets
September 15, 2021
Auditor General to scrutinize public agencies on unclaimed financial assets
The Unclaimed Financial Assets Authority (UFAA) has entered into a collaboration with the Office of the Auditor General (OAG) to…
CBK releases report on Kenya’s public debt ration to GDP
September 15, 2021
CBK releases report on Kenya’s public debt ration to GDP
The Central Bank of Kenya has released its presentation on Kenya’s debt status that was presented before the Senate Committee…
Litre of petrol shoots to Ksh.134.72 in EPRA review
September 14, 2021
Litre of petrol shoots to Ksh.134.72 in EPRA review
Super petrol price has gone up by Ksh.7.58 to retail at Ksh.134.72 in the latest price review by Energy Petroleum…