KRA Hits Ksh 85.1 Billion Customs Collection
Kenya’s taxman has hit a major milestone in its decades-long quest to modernise revenue collection, announcing it collected Ksh 85.1 billion in customs...
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Parliament Pushes Rescue Plan to Revive Posta Kenya
Parliament has put Posta Kenya in the spotlight with a bold plan to rescue the struggling state-owned corporation. In a session on Wednesday,...
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Octagon and Alexforbes Make Retirement Savings Accessible to Small Businesses
Millions of workers in Kenya’s micro, small and medium-sized enterprises, or MSMEs, could soon enjoy retirement benefits for the first time, thanks to...
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Safaricom Shops to Close for Internal Event
Safaricom has announced temporary closures of its retail shops across the country to allow for an internal staff event. In a statement released...
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CBK Slashes Lending Rate to 9.25% in Boost for Borrowers and Businesses
The Central Bank of Kenya (CBK) has lowered its benchmark lending rate in a move aimed at boosting private sector lending and supporting...
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Ruto to Set Up Sovereign Wealth and Infrastructure Funds to Cut Debt
President William Ruto has unveiled plans to create two powerful investment vehicles that he says will help Kenya grow without sinking deeper into...
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Kenya’s Debt Hits Record Ksh 11.8 Trillion
Kenya’s public debt has risen to Ksh 11.81 trillion, equivalent to 67.8 per cent of the country’s gross domestic product (GDP), according to...
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Kenya Power Defies Profit Slump with Record 900pc Share Price Rally
Kenya Power has reported a profit after tax of Ksh 24.47 billion for the 2024/25 financial year, down 18.7 per cent from the...
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