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BUSINESS

This section give a comprehensive coverage of business news in Kenya – ranging from companies, industry, economy, markets, agriculture and the NGO world.

Sheila ‘Kwambox’ Quits Vybez Radio for Kiss

Standard is undertaking a restructuring exercise that has seen numerous journalists hand in their resignations even as others are fired as part of cost-cutting efforts.

Bid Safi: Lady Scoops Smart TV From Sh5 Bob Bid

Bid Safi is a reverse bidding product that gives users the opportunity to place online bids on products at Ksh20.

Proposed M-Pesa, KRA Link and Why it Has Kenyans Worried

A proposal to link mobile money and Kenya Revenue Authority (KRA) systems is causing jitters. The proposal contained in the draft budget policy statement is one of several measures intended to ensure the taxman hits its target of collecting Ksh3 trillion in the next financial year (2023/2024).

How Businessman Took Muratina to London Bars

Muratina, made from the fruit of the 'Sausage tree' (Kigelia africana) - a wild tree -  features a distinct flavour with a lingering sweetness. It was traditionally served in a cow horn at gatherings including weddings.

Schneider Electric Kenya Moves Manufacturing Line To Country Partner

Schneider Electric Kenya is transferring its manufacturing operations, assets, and staff to a key country partner. The move, which is earmarked for completion during the...

How KRA Agent Pushed Me Out Of Business – WBAK Charman...

Water Bottlers Association of Kenya (WBAK) chairperson Henry Kabogo has accused the Kenya Revenue Authority (KRA) of pushing him out of business, by denying...

The Return of Joe Sang’ – Ousted MD’s Unlikely Comeback

Sang was appointed to the helm of the petroleum transportation, storage and handling behemoth in April 2016, but resigned at the end of 2018.

Beauty Tax: KRA Turns to Cosmetics for More Tax Revenues

Prices of cosmetics in Kenya are likely to increase if a new proposal to raise excise stamp fees sails through. The National Treasury is looking to raise excise stamp fees charged on cosmetic products from Ksh0.6 per stamp to Ksh2.5 per stamp.

Humphrey Kariuki’s Latest Multi-Million Battle

Months after his victory in court over the Kenya Revenue Authority (KRA) and DCI in a multi-billion shilling tax case that saw his Africa Spirits Ltd. plant in Thika shut down, billionaire businessman Humphrey Kariuki is locked in a new battle.

Bolt Appoints Takura Malaba As Regional Manager For East And Southern...

Bolt has appointed Takura Malaba as the new Regional Manager for East and Southern Africa, effective January 1, 2023. Takura takes over from Kenneth...