It’s the latest in a recent series of fraud allegations trailing the embattled billionaire’s Adani Group.…
Category: Business News in Kenya
IMF warns Kenya against budget cuts, says new tax proposals not sufficient
The International Monetary Fund (IMF) has cautioned the Kenyan government against making big cuts on development…
Gov’t to reintroduce 8 tax measures from controversial Finance Bill 2024
The government has proposed to restore some of the tax measures it scrapped from the controversial…
KRA to begin monitoring mobile phones in tax compliance push
The Kenya Revenue Authority (KRA) will begin monitoring all locally assembled and imported mobile phones sold…
Kenya in cashless plan for import containers
Kenyan importers have been spared the troubling charges on container guarantees at the Port of Mombasa,…
Why EA bourses could benefit from global markets turmoil
East African bourses could benefit from turbulence in advanced markets. The current turmoil in the markets…
CBK makes 4 changes to Kenyan banknotes
The Central Bank of Kenya (CBK) has made significant changes to the Kenyan currency notes to…
What do the IMF and foreign debt have to do with Kenya’s current crisis?
Why are Kenyans angry with the IMF? Critics say the IMF provides loans to desperate African…
EY Kenya reputation at risk after World Bank sanction
Audit firm, Ernst and Young, Kenya (EY Kenya) faces blight on its reputation after the World…
Kenya to open market for duty-free EU imports after trade deal takes effect
Kenya and the European Union have enforced a trade deal after a decade of negotiations, opening…