Kenya could be hit with trade sanctions and embargos by the United States (US) following revelations by President William Ruto that the country is ready to enter into a government-to-government partnership with…
The global economy is weakening. There is a heightened likelihood of a global recession in the near future. Increasingly global institutions and global experts are issuing warnings. Last week the World Bank…
The Kenyan government through the Ministry of Trade is seeking Ksh978M from the Korea Trade Investment Promotion Agency (KOTRA) and the exchequer to help implement an integrated national export development and promotion…
The NCBA associated with the Kenyatta family could lose its business partnership with Safaricom if plans by the new administration to compel the country’s teleco companies Safaricom, Airtel Kenya and Telkom Kenya…
Bar and restaurant owners in Murang’a county have rejected the proposed increase of excise duty by the taxman as a measure by the new regime to stabilize the country’s economy. The businessmen…
By setting a target rate, say 16% VAT on goods, if a product sells at KES 100, the government takes KES 16. However, due to inflation, if for instance, KES depreciates by…
The Kenya Power and Lighting Company (KPLC) is under fire from a section of Kenyans who have noticed the country’s power provider unprocedurally increased the Fuel Energy charge last night from Ksh…
Kenya’s economic recovery is underway and government revenues have overperformed. This is according to the International Monetary Fund (IMF). The body in its third review of the country’s economic programs under its…
Renowned airline, Fly 748 has projected positive prospects for the airline industry in 2022 despite the tough operating environment fuelled by the Ukraine war, COVID-19 and politics. According to the airline, the…
Infinix recently launched its NOTE 12 Series at its elegant event at the Sarit Centre Expo, a trendy and contemporary location that aligns with the brand’s vision and mission. This is the…