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Inflation

Business/News

Drop in Basic Food Prices Slows Down Kenya’s August Inflation

September 2, 2023September 4, 2023

Kenya’s inflation slowed in August, helped by a month-on-month fall in food prices, this is according to the latest data from the Kenya National Bureau of Statistics. Inflation was 6.7% year-on-year in August…

Business/News

Economy Registers Fastest Growth in 3 Months Despite High Cost of Living

July 5, 2023July 7, 2023

Kenya’s inflation dropped to 7.9% in June 2023, down from 8% reported in May 2023, as food prices remained relatively high. The latest data from the Kenya National Bureau of Statistics (KNBS)…

Business/Counties

Murang’a Bar and Restaurant owners reject President Ruto’s tax policy

September 21, 2022September 21, 2022

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…

News/Politics

DP Gachagua: Nothing we can do for now to lower the cost of living

September 18, 2022September 18, 2022

Deputy President Rigathi Gachgaua says there is nothing the government can do to lower the cost of living for the millions of Kenyans burdened with the current economic crisis. In a televised…

Business/News

KRA’s 6.3% inflation adjustment will lead to demos and people taking one meal per day

September 17, 2022September 17, 2022

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…

News

Impending Crisis: Kenyans to buy fuel at 200 bob a litre, days after Uhuru’s exit

September 9, 2022September 9, 2022

Kenyans are likely to purchase a liter of fuel at Sh 200 a liter, seven days after President Uhuru Kenyatta’s exit from the Presidency as a result of the end of the…

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