Business

Kenya’s debt not a problem, says CS Yatani

Kenya’s debt not a problem, says CS Yatani

The National Treasury Cabinet Secretary Ukuru Yatani has compared Kenya’s Gross Domestic Product (GDP) to that of advanced economies like…
Manufacturers want KRA to shelve inflation adjustment on specific rates of excise duty

Manufacturers want KRA to shelve inflation adjustment on specific rates of excise duty

The Kenya Association of Manufacturers (KAM) now wants the Kenya Revenue Authority (KRA) to halt the implementation of inflation adjustment…
Tourism revenue in Baringo down Ksh.95M on COVID, flooding

Tourism revenue in Baringo down Ksh.95M on COVID, flooding

Baringo County has lost revenue worth Ksh.95 million from the tourism sector as a result of adverse effects of the…
Arrowroots farming; Facts, benefits and farming technology

Arrowroots farming; Facts, benefits and farming technology

Arrowroots are traditionally grown along the river valleys and on wet areas. With the upland arrowroots technology, they can now…
Kenya’s imports from Tanzania surpasses its exports first time in decades

Kenya’s imports from Tanzania surpasses its exports first time in decades

Data by the Central Bank of Kenya (CBK) show that Kenya’s imports from Tanzania have surpassed its exports for the…
KRA announces Inflation adjustment on specific rates of excise duty

KRA announces Inflation adjustment on specific rates of excise duty

The prices of several commodities are set to go up from October 1, 2021 when the Kenya Revenue Authority (KRA)…
CIC Insurance half-year profit up Ksh.337 million

CIC Insurance half-year profit up Ksh.337 million

CIC Insurance Group’s pre-tax profit rose by Ksh.337 million for the first half of 2021 compared to a loss before…
Hackers steal Ksh.65.4 billion in major cryptocurrency heist

Hackers steal Ksh.65.4 billion in major cryptocurrency heist

Hackers have stolen some Ksh.65.4 billion (US$.600 million) in what appears to be one the largest cryptocurrency heists ever. Blockchain…
Kenya’s lion population up 31% in 13 years

Kenya’s lion population up 31% in 13 years

The lion population in Kenya has been recovering from a 1,970 low since in 2008 to 2,589 in 2021 indicating…
Kenya, Somalia agree to mend strained relations

Kenya, Somalia agree to mend strained relations

Somalia and Kenya have agreed to shore up their frosty diplomatic relations following a meeting in Mogadishu on Sunday between…
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