A dispute over the actual amount that the government owes oil marketing companies under its subsidy…
Category: Business
How multinationals avoid taxes in Africa and what should change
In developing countries, and the sub-Saharan region especially, the scale of unmet basic needs is enormous.…
Tanzania hosts IMF-led talks on cryptocurrencies
Tanzania’s top financial sector officials on Tuesday called for a clearer global consensus on Central Bank…
US says IMF stopped Kenya economic meltdown
The US government has revealed that emergency loans from the International Monetary Fund (IMF) cushioned Kenya’s…
Broke Resolution Health placed under statutory management
Resolution Insurance has been stopped from transacting any new business by the Commissioner of Insurance, after…
Prices on the rise: From oil to milk, inflation hits family budgets
The cost of living is rapidly spiralling out of control as soaring prices of many household…
Why prices of cement, steel have doubled
Cement manufacturers have blamed the rise in cement prices on higher costs for raw materials and…
Fresh storm rocks Spire Bank sale
Once upon a time, executives of the teachers-owned Spire Bank were taught how to crunch numbers. Now they…
Fuel cost: Brent crude price surge signals even tougher times ahead
Kenyans should brace themselves for tougher times ahead amid increasing global Brent crude oil prices even…
Safaricom opens M-Pesa to Airtel, Telkom customers
Safaricom will open its Lipa Na M-Pesa cashless payment service to subscribers on rival mobile networks,…