Tightened cash supply in the banking system has triggered a fresh sharp increase in the cost…
Category: Business News in Kenya
Electricity prices to jump 15pc Sunday as Ruto stops subsidy
Homes and businesses will from Sunday pay 15 percent more for electricity after President William Ruto…
Relief as Safaricom slashes Paybill charges by nearly half
Safaricom customers paying between Sh100 and Sh500 in paybill charges will now be charged Sh4, down…
Tripled property, shares sale taxes begin Sunday
The government will from next week triple the capital gains tax resulting from gains through sale…
Vehicle demand declines 17pc as prices jump
Vehicle registrations fell 17 percent in the eight months to August as costlier units due to…
Watchdog punishes Unilever Kenya for unfair trade deals
The Competition Authority of Kenya (CAK) has punished consumer giant Unilever Kenya for revising payment terms…
Ruto meets Delta Air, seeks to sell all State stake in KQ
President William Ruto met top executives of Delta Air Lines in his American trip where he…
Ruto seeks Kenya Airways sale to strategic investor in US trip
President William Ruto will this week make a pitch to sell a controlling stake in national…
Fitch downgrades Kenya on high debt, low forex reserves
Fitch Ratings has downgraded Kenya’s credit rating from ‘B+’ to ‘B’ attributing the action to the…
A third of Kenya’s middle class heartbeat away from poverty
A third of Kenya’s middle class are just a shock away from sliding into poverty, pointing…