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.
Safaricom Record Profit Run Hits a Speed Bump
The company recorded flat growth in the financial year ending March 2021, hit by the tough economic conditions triggered by the Covid-19 pandemic....
BT Correspondent2 Mins read
![Kenya's High Commissioner to the U.K Manoah Esipisu. The National Treasury has allocated Ksh1 billion for the acquisition of a new embassy in London. [Photo/ Manoah Esipisu]](https://businesstoday.co.ke/wp-content/uploads/2021/05/EwHSoYUWQAMky4e.jpg)
Taxpayers Fork Out Ksh1 Billion for Kenya’s New London Embassy
The Ministry of Foreign Affairs' new approach to diplomatic real estate focuses on purchasing properties as opposed to leasing in foreign nations. Other...
MARTIN SIELE1 Mins read
NMS Plots Ksh30M Upgrade of Construction Permit Portal
Users of the platform have on a number of occasions revealed that it remains exposed to loopholes it was meant to eliminate, with...
MARTIN SIELE1 Mins read
![As the pandemic persists, firms expect sales to continue declining in the coming months. The implementation of these standards will help businesses withstand the unintended shocks of disruptions, adapt to change and overcome crises and disruptions. [Photo/ Taalamu]](https://businesstoday.co.ke/wp-content/uploads/2021/05/kebs.jpg)
Business & Covid-19: KEBS Approves Standards to Strengthen Resilience and Continuity
“These standards will help organisations recognise the opportunities and threats that arise from both sudden or gradual internal as well as external changes...
BUSINESS TODAY1 Mins read
![The single window system replaces the time-consuming manual process that required traders to seek clearance from multiple government agencies via different platforms occasioning delays and high clearance costs for goods at the Kenyan border points. [Photo/Maritime Logistics Professional]](https://businesstoday.co.ke/wp-content/uploads/2021/05/MARIT.jpg)
KEBS Launches One-Stop Import-Export Approvals Platform
“We anticipate that the new single window system will eradicate the past operational inefficiencies associated with trade documentation and approval processes. This will...
BUSINESS TODAY1 Mins read
![While commissioning the rural electrification projects and also officially opening the Mweiga Stores, the REREC Board of Directors’ Chairman, Prof. Simon Gicharu, called on County Governments and Members of Parliament to embrace the Matching Fund approach to hasten the implementation of electrification programs in their areas. [Photo/ Twenzetu.com]](https://businesstoday.co.ke/wp-content/uploads/2021/05/nyeri-e1620312066825.jpg)
5,600 Nyeri Residents to Get Electricity in New REREC Projects
In Kieni Constituency alone, the Corporation has implemented a total of 179 projects. This includes 104 public primary schools that have already been...
BUSINESS TODAY2 Mins read
![If the excise duty is reinstated, betting firms in Kenya are likely to report lower revenues. The government has maintained its stance on mitigating negative societal effects of sports betting through taxation and enhanced regulation.[Photo: YogoNet]](https://businesstoday.co.ke/wp-content/uploads/2021/05/Sports-betting-mistakes-696x391-1.png)
Return of 20% Betting Tax Spells Doom for Big Players
If it becomes law, the taxman would take Ksh20 of every Ksh100 wagered, regardless of whether the punter wins or loses.
MARTIN SIELE1 Mins read
Why KPLC Could Compensate You for Your Next Blackout
Black-outs have seen many of KPLC's biggest industrial customers invest in their own energy generation capabilities in recent years, in a bid to...
MARTIN SIELE2 Mins read
