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.
![The move represents a policy break from the previous administration, led by former President Uhuru Kenyatta, which was reluctant to reduce its positions in key companies, citing strategic, regulatory and national security considerations. [Photo/ NSE]](https://businesstoday.co.ke/wp-content/uploads/2022/10/FexkltlXkAAIxbp.jpg)
Ruto Takes Ksh792B Offer Uhuru Rejected
The move represents a policy break from the former President Uhuru Kenyatta-led administration which was reluctant to reduce its positions in key companies,...
MARTIN SIELE3 Mins read
![The upcoming price review comes even as the President William Ruto-led administration continues the removal of the subsidy on diesel and kerosene. The subsidy on super petrol was fully removed during the last price review, on September 14. [Photo/ @WilliamsRuto]](https://businesstoday.co.ke/wp-content/uploads/2022/10/unnamed-2.png)
Relief at the Pump: Fuel Prices to Go Down
High fuel prices have been a major burden for many Kenyans as the record-high prices partly drove increases in prices of key commodities...
MARTIN SIELE1 Mins read
![President William Ruto has expressed Kenya's commitment to making the most of the AfCTA. [Photo/ @WilliamsRuto]](https://businesstoday.co.ke/wp-content/uploads/2022/10/FeTWyMSXkAMXIzw.jpg)
AfCTA: New Business Opportunities Where Kenyans Are Cashing In
Among products picked by the Ad Hoc Committee established to steer the AfCTA guided trade initiative in Kenya are tea, lithium-ion batteries, candy,...
MARTIN SIELE1 Mins read
![A past Telkom Kenya event. The State is believed to have exercised its pre-emptive rights to purchase the stake after Helios indicated its exit. [Photo/ Telkom Kenya]](https://businesstoday.co.ke/wp-content/uploads/2022/10/Telkom-Kenya-scaled.jpg)
Govt Spends Ksh6B to Fully Own Telkom Kenya
The 60% stake was acquired from Helios for Ksh6.09 billion and means the company is now fully state-owned. The deal values Telkom Kenya...
MARTIN SIELE1 Mins read
![In a TV interview, Gachagua claimed that powerful individuals had taken control of forex flow through commercial banks and that the CBK had inadequate forex reserves. He has previously led the President William Ruto-led Kenya Kwanza chorus on state capture, including against banking interests associated with the family of former President Uhuru Kenyatta. [Photo/ @Rigathi]](https://businesstoday.co.ke/wp-content/uploads/2022/10/FdlBwfNWQAEM1eU.jpg)
CBK Reacts to Gachagua’s Market-Shaking ‘No Forex Reserves’ Comment
The CBK also asserted that its foreign exchange cover remained adequate, in compliance with the CBK Act, EAC Monetary Union Protocol and targets...
MARTIN SIELE2 Mins read
![Judge Anthony Mrima (pictured) was ruling in a petition filed by one Victor Buoga. [Photo/ NMG]](https://businesstoday.co.ke/wp-content/uploads/2022/09/anthony-mrima-data.jpg)
High Court Scraps Degree Requirement for Governors
"A declaration is hereby issued that pursuant to article 180 sub article 2 as read with section 183 of the constitution, the qualification...
MARTIN SIELE1 Mins read
![The station's planned launch will coincide with the launch of the 2022 Taxpayers' Month - an annual event meant to celebrate compliant taxpayers. [Photo/ RAG]](https://businesstoday.co.ke/wp-content/uploads/2022/09/unnamed-10.jpg)
KRA TV: Taxman Launches TV Station
"The "KRA TV" platform will be hosted on the KRA website and drive a demand-based viewership. The station will host customized tax content...
MARTIN SIELE2 Mins read
Ruto Raids Dynasties To Finance Hustlers In New Tax Proposal
Wealth tax was mooted in 2018, and Ruto expects to use proceeds to finance his pro-poor plans. Last year, the Treasury said it...
KALU MENGO2 Mins read
