ECONOMY
Kenya is the biggest economy in East Africa and most watched in sub-Saharan Africa, being the regional business hub. BT brings you comprehensive coverage of the various economic sectors.
![In the current financial year, Kenya Power has allocated Ksh40 million for the purchase of new electric vehicles. [Photo/ Tuvuti]](https://i0.wp.com/businesstoday.co.ke/wp-content/uploads/2023/02/Kenya-Power-live-line.jpg?fit=680%2C510&ssl=1)
Kenya Power is Phasing Out Its Entire 2,000-Car Fleet
In the current financial year, Kenya Power has allocated Ksh40 million for the purchase of new electric vehicles and also plans to build...
MARTIN SIELE
![Centum Plc CEO James Mworia. He noted that the program would offer liquidity to "shareholders who may not have been able to trade due to the current depressed market conditions". [Photo/ Mwakilishi]](https://i0.wp.com/businesstoday.co.ke/wp-content/uploads/2023/02/jamesmworia.jpg?fit=680%2C349&ssl=1)
Centum Splashes Ksh600M to Buy Back Its Shares
The buyback triggered a spike as Centum's daily traded volumes on Monday hit 1.3 million, compared to 66,600 at closing on Friday last...
MARTIN SIELE
![Karanja accused KRA of hypocrisy as the taxman facilitated KRA with 329.4 million excise stamps for the packaging of Vienna Ice and collected Ksh7.3 billion excise tax for the Crescent Vodka used. [Photo/ File]](https://i0.wp.com/businesstoday.co.ke/wp-content/uploads/2023/02/bf-1.jpg?fit=680%2C454&ssl=1)
Tabitha Karanja Fights ‘State Capture’ in Ksh14.1B Battle
Explaining the background behind the Ksh14.1 billion tax battle, Keroche noted that it stemmed from a dispute over the calculation of excise tax...
BUSINESS TODAY
![Former President Uhuru Kenyatta (l) pictured with President William Ruto at State House, Nairobi. [Photo/ Radio Africa Group]](https://i0.wp.com/businesstoday.co.ke/wp-content/uploads/2023/01/unnamed-17.jpg?fit=680%2C451&ssl=1)
Multi-Million NCBA Deal Returns to Haunt Uhuru
The NIC-CBA merger in 2018 created NCBA - Kenya's third-largest bank by asset value. It was completed though a share swap, with NIC...
BUSINESS TODAY
One Town One Bar: Storm Over Rigathi’s Alcoholism Proposal
Gachagua is pushing county governments in the Mt. Kenya region to cut the number of the entertainment joints whose licenses allow them to...
BUSINESS TODAY
![President William Ruto. He has repeatedly urged Kenyans to join saccos, which are set to play a key role in the second phase of the Hustler Fund. [Photo/ PSCU]](https://i0.wp.com/businesstoday.co.ke/wp-content/uploads/2023/01/RUTO-LAUGHING.jpg?fit=630%2C350&ssl=1)
Hustler Fund Is Increasing Loan Limits – On One Condition
The government is looking to partner up with saccos for disbursement of the funds to eligible borrowers as the Hustler Fund enters its...
MARTIN SIELE
Kenya’s Economy Projected To Slow Down At 5% in 2023
Kenya’s economy is expected to remain subdued in 2023, growing at a projected 5%, pulled down by a persistent rise in commodity prices,...
BT Reporter
![In Kenya, De La Rue operates through a local joint venture in which the Kenyan government holds a 40 percent stake. [Photo/ RMS]](https://i0.wp.com/businesstoday.co.ke/wp-content/uploads/2023/01/De-La-Rue.png?fit=452%2C345&ssl=1)
Inside De La Rue – Kenya’s Troubled Money Maker
Kenya's shilling is one of 69 currencies for which De La Rue is responsible for selling high-security paper and printing technology. Besides cash,...
BUSINESS TODAY
