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.

1018 Articles
BUSINESSECONOMY

Uhuru, Suluhu Strike Deal for Dar-Mombasa Gas Pipeline

Suluhu inspected a guard of honor before holding talks with her Kenyan counterpart Uhuru Kenyatta in a bid to improve relations and trade...

Kenya Power has leveraged its extensive power transmission and distribution network to run fibre optic cables, entering lease agreements with service providers.
BUSINESSECONOMY

Kenya Power Eyes Telco Billions With Fibre Optic Network Extension

Kenya Power launched its fibre optic business in 2010 after being issued with issued with a Network Facility Provider - Tier 2 License...

KRA had carried out a tax compliance audit of Equity Bank’s records with regard to Corporation Tax for the year of income 2015, Excise Duty for the period covering August 2013 to December 2015 and PAYE taxes for the year of income 2016.
BUSINESSECONOMY

KRA Wins Ksh234M Tax Claim Against Equity Bank

The High Court, in upholding the judgement of the Tribunal agreed with KRA’s submissions that the ESOP confers a benefit to an employee...

kemsa
ECONOMY

Uhuru Overhauls KEMSA Board as US Govt Piles Pressure

“We have had an issue with KEMSA, the institution responsible for the distribution, and as you know very well, concerns in particular about...

BUSINESSECONOMY

Why Used Car Prices Are Up 29% in Kenya

Shipping companies are working on an international framework for sharing empty containers, a move that stakeholders hope will boost trade flows and global...

A mobile phone user on their device. Mobile loan apps in Kenya have been accused of numerous unethical practices.
BUSINESSECONOMY

End of an Era? Loan Apps in Kenya Face Closure Over New Bill

In one of the biggest changes proposed in the bill, meant to curb the high interest rates offered by the apps - CBK...

A cooking gas vendor in Nairobi. LPG prices in Kenya are set to rise by up to Ksh350 from July 1, 2021.
BUSINESSECONOMY

Cost of Cooking Gas to Rise by Ksh350 as VAT Takes Effect

The move will force Kenyans to dig deeper into their pockets for cooking gas, at a time when many are already feeling the...

The report further attributed the increased adoption to continued efforts by the bank to transform itself into a low-cost operating business model, by enabling self-service capabilities for customers and transforming the banking experience from the place you go, to something you do on the device.
BUSINESSECONOMY

More Than 60% of All Equity Transaction Value Move to Digital Platforms For The First Time

At the same time, 97% of the loan transactions were conducted on the mobile channel delivering unparalleled convenience to borrowers, round the clock...

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