Manufacturing firms are facing challenges accessing dollars from local banks to fund capital goods imports, threatening…
Category: Business News in Kenya
Fuel prices jump to record high after Epra review
Fuel prices have gone up in the monthly review by the Energy Petroleum Regulatory Authority with…
Fuel prices to hit highest in Kenya’s history without subsidy
Petrol prices will from midnight increase to the highest level in Kenya’s history unless the State…
Taxman to use drones for surveillance on businesses
The Kenya Revenue Authority (KRA) plans to purchase high-end drones to bolster its tax surveillance of…
Resolution collapses with Sh6.6bn clients’ money
Resolution Insurance collapsed with over Sh6.5 billion in client cash, insurance claims, and creditor funds after…
Hoarding? Oil marketers under probe
Marketers under scrutiny as Epra audits oil exports. Some oil marketers are under scrutiny by the…
Uganda import rule boosts Kenya car dealers
Uganda has tightened import conditions for vehicles aged over nine years, a move that is expected…
Kenya Airways defaults on Sh25bn State loans
Kenya Airways defaulted on interest for a Sh25 billion loan owed to the government in the…
Ukur Yatani’s tax dispute cash deposit plan stirs storm
Tax experts have faulted a proposal by the National Treasury that firms and individuals fighting Kenya…
World Bank firm to finalise Equity deal
The World Bank’s private-sector lending arm, International Finance Corporation (IFC), will this month conclude the purchase…