BUSINESS
This section give a comprehensive coverage of business news in Kenya – ranging from companies, industry, economy, markets, agriculture and the NGO world.
CBK Holds Benchmark Rate at 8.75% Amid Gulf Crisis Concerns
CBK(Central Bank of Kenya) Monetary Policy Committee (MPC) decided to maintain the Central Bank Rate (CBR) at 8.75 percent, during its meeting held...
JACKSON OKOTH2 Mins read
Confusion as KPC Insists Fuel is Available While Stations Run Dry
As queues grow at petrol stations in several towns, Kenya Pipeline Company (KPC) has moved to reassure Kenyans that the country is not...
SABRINA BT2 Mins read
Firms Get Relief as KRA Blocked from Freezing VAT Credits
A new ruling has handed Kenyan businesses a significant win in their long-running battles with the taxman, after the Tax Appeals Tribunal stopped...
SABRINA BT2 Mins read
Ruto Nominates Wattanga as High Commissioner to South Africa After KRA Exit
President William Ruto has nominated former Kenya Revenue Authority Commissioner General Humphrey Wattanga as Kenya’s High Commissioner to South Africa, in a fresh...
SABRINA BT2 Mins read
KRA Appoints Lilian Nyawanda Acting Boss as Wattanga Exits
Lilian Nyawanda has been tapped to take over the leadership of the Kenya Revenue Authority (KRA) in an acting capacity, marking a shift...
SABRINA BT1 Mins read
Road Contractors Set for Ksh20B Payout as State Clears Arrears
Fresh payments to road contractors are set to inject new life into Kenya’s infrastructure sector, after years of stalled projects and mounting unpaid...
SABRINA BT2 Mins read
Athi Water Loses Ksh1.2B Annually in Uncollected Bills
Athi Water Works Development Agency is under pressure after it emerged that it is failing to collect more than half of the money...
SABRINA BT3 Mins read
KRA Revenue Hits Ksh2.04T as Tax Collections Rise 11.4pc
The Kenya Revenue Authority (KRA) has crossed the Ksh 2 trillion mark in tax collections, pointing to a steady rebound in revenue despite...
SABRINA BT2 Mins read
