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.
eNaira: Africa’s First Central Bank Digital Currency Launched
Issued and regulated by the monetary authority of a nation, a Central Bank Digital Currency uses an electronic record or digital token to...
MARTIN SIELE2 Mins read
![President Uhuru Kenyatta pictured with Devki Group Founder and CEO Narendra Raval. The state has reportedly been considering raising import duties on clinker. [Photo/ NMG]](https://businesstoday.co.ke/wp-content/uploads/2021/10/Uhuru-Kenyatta-1.jpg)
Cement Billionaires Gang Up Against Narendra Raval Over Plan to Take Over
Devki Group owns Simba Cement, Â National Cement, ARM Cement and Cemtech. It has spent over Ksh6 Billion in an expansion plan over the...
MARTIN SIELE2 Mins read
We Only Collect What Is Allowed By The Law – KRA
The Kenya Revenue Authority (KRA) says it does not in any way overtax Kenyan residents and companies, but instead collects what is allowed...
FRANCIS MUTINDA2 Mins read
Kenya Revenue Authority Set To Hold 7th Annual Tax Summit
This year’s Annual Tax Summit organised by the Kenya Revenue Authority seeks to explore solutions to various challenges facing tax administrators in Africa....
BT Reporter3 Mins read
Focus On Impact Of Digital Transformation As Financial Industry Partners Converge
C-level executives, leading industry experts, policymakers and government officials have converged at Huawei’s 2021 East Africa BFSI Summit to discuss the current challenges,...
FRANCIS MUTINDA3 Mins read
KRA Surpasses Q1 Revenue Target By Ksh15 Billion
The Kenya Revenue Authority (KRA) has collected Ksh476.646 Billion, surpassing the Financial Year 2021-2022, Quarter One (July – September 2021) revenue target of Ksh461.653 billion...
FRANCIS MUTINDA3 Mins read
Overselling of Loans to Blame for Kenya’s Poor Saving Culture
Overselling of loans is to blame for Kenya’s poor savings culture, as the country’s savings ratio is still lagging behind its peers at...
FRANCIS MUTINDA3 Mins read
Safaricom Contributes Ksh557.1 Billion To The Economy, Creates 1 Million Jobs
Safaricom created a total value of Ksh664 billion for the Kenyan society in its last financial year, which is ten times greater than...
FRANCIS MUTINDA2 Mins read
