Economy is stable enough to handle shocks, Treasury assures

Kenya’s economic prospects look bright as the economic growth has accelerated to 5.7% in the first quarter of the financial year 2018/2019 from 4.9%...

KNA2 Mins read

FEATURED STORY

All eyes on Uhuru as he receives anti-fuel tax Bill

Treasury mandarins are burning the midnight oil trying to figure out other options that would seal the budget deficit in the event the...

BT Reporter2 Mins read

FEATURED STORY

Indians in Kenya bring back Sh13b as tax amnesty deadline looms

Under a tax amnesty scheme formulated by the National Treasury, Kenyan taxpayers are required to repatriate foreign-held assets and declare their foreign-earned income

BT Reporter2 Mins read

FEATURED STORY

Government suppliers go unpaid as graft depletes state coffers

National Treasury Cabinet Secretary Henry Rotich admitted that late payments by the state were an issue

REUTERS2 Mins read

A M-PESA customer makes a transaction. Safaricom’s deal with Travelport marks the second such in the last three months. www.businesstoday.co.ke

FEATURED STORY

Protests as new M-Pesa, bank taxes take effect

Already, Safaricom has reviewed M-Pesa withdrawal charges upwards to reflect the 2% increase in excise duty contained in the Finance Bill 2018

BT Reporter1 Mins read

FEATURED STORY

Safaricom opposes tax on mobile cash transfers

Safaricom is opposed to the proposed tax measures in the budget announced last week by Finance Cabinet Secretary Henry Rotich to increase excise...

Mike Njoroge1 Mins read

FEATURED STORY

National Treasury to disclose key project information on PPP deals

The National Treasury and Planning will henceforth disclose to members of the public, media, civil society and other interested parties key project data...