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.
Govt Turns Down NSE’s Ksh792 Billion Offer
“For example at Safaricom, we are 35 percent shareholders. Given the strategic and security reasons around Safaricom, we don’t want to get diluted...
MARTIN SIELE2 Mins read
KRA Barred from Collecting Minimum Tax as Businesses Protest
The case opposing the tax was filed by officials of the Isinya Bar Owners Association and the Kenya Association of Manufacturers (KAM) who...
MARTIN SIELE1 Mins read
Energy Storage to Enable Continued Growth of Renewables in Kenya
Despite the large amount of geothermal capacity currently installed, these plants are unlikely to play a major role in balancing the growing level...
BUSINESS TODAY2 Mins read
KRA Collects Ksh21B from Alternative Disputes Resolution
The Kenya Revenue Authority (KRA) has collected over KShs 21 billion from its Alternative Disputes Resolution (ADR) mechanism. This is after KRA resolved 393 ADR...
BUSINESS TODAY1 Mins read
Chase Bank Set for Liquidation to End 5-Year Saga
On April 7, 2021, KDIC submitted the Receiver’s Report to CBK recommending that CBLIR be liquidated. The report indicates that considering the weak...
BUSINESS TODAY2 Mins read
Mercedes Benz Defies Trend as Luxury Car Sales Drop 31%
Increased demand for trucks, however, drove up total industry sales 6.26 per cent to 2,867 units during the same period. Land Rover unit...
MARTIN SIELE2 Mins read
Telkom, Govt Partner to Create Youth-focused Digital Wallet
As the COVID-19 pandemic unfolds, digital financial services systems have been used to support social distancing efforts, aiding business continuity during movement restrictions...
BUSINESS TODAY2 Mins read
Refinitiv Expands Economic Data Coverage Across Africa
Securing reliable, detailed, timely, locally sourced content has not been easy for economists who have in the past had to use international sources...
JUDITH NDUNDE2 Mins read
