EPRA is putting in place regulations to have electricity producers sell power directly to consumers in a bid to end monopoly by Kenya Power. Kenya Power should brace for competition after the…
East African Cables has welcomed the court injunction stopping Equity Bank from placing it under administration as it announced that its operations would continue as usual. High Court on Monday stopped attempts…
The European Union and Kenya have concluded today the negotiations on an ambitious trade agreement through which they will implement bilaterally – the regional Economic Partnership Agreement (EPA) between the EU and…
The move by Equity Bank to place investment firm Transcentury and its subsidiary East Africa Cables under receivership should concern anyone who cares about Kenya. Equity Bank this week announced that Muriu…
The Kenya Kwanza Administration has allocated Sh. 287 billion to its five-point Bottom Up Economic Transformation Agenda (BETA) Plan which is President William Ruto’s focal point in ensuring the new administration delivers…
The Kenya Revenue Authority (KRA) has been allocated an additional Sh1.2 billion to hire more intelligence and enforcement agents who will help the tax man detect and apprehend tax fraudsters. In reviewing…
The World Bank has warned that the proposed tax changes in the Finance Bill 2023 will have a negative impact on households’ ability to make purchases over the medium term. It also…
Kenya National Chamber of Commerce (KNCC) President Richard Ngatia and his Deputy, Erick Ruto are facing off for the body’s Presidency following the end of his first term. Vice President Erick Ruto…
Mobile Teleco giant Safaricom will be a separate entity from its revolutionary money transfer services, M-PESA. The framework for the process has been laid with reports indicating Chairman John Ngumi’s last week’s…
South Sudan President Silva Kiir had threatened to transfer his country’s cargo business to Djibouti if President William Ruto continued to execute his September order that restricted the clearance of cargo and…