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More on Weekly Trade Round Up
17 Mar 2023
Taxpayers’ burden of keeping Kenya Kwanza CASs in office
Kenya Taxpayers’ burden of keeping Kenya Kwanza CASs in office Kenyan taxpayers will spend more than half a billion shillings annually on salaries and benefits for the 50 Chief Administrative Secret...
24 Feb 2023
24th February 2023 Trade and Financial Services Round Up
Kenya KRA chief Githii Mburu quits, board names Rispah Simiyu in acting role The Kenya Revenue Authority (KRA) Commissioner-General, Githii Mburu, has resigned after a three-year and seven month sti...
17 Feb 2023
17th February 2023 Trade and Financial Services Round Up
Kenya Nairobi plans new zoning policy as exclusivity wanes Nairobi is considering a new zoning policy, which will reclassify some estates as residential or mixed-use neighbourhoods at a time some subu...
10 Feb 2023
10th February 2023 Trade and Financial Services Round Up
Kenya KRA set to tax hedging profits under new rules Kenyans engaging in transactions with foreigners to cushion them from volatility in financial markets will now be required to account for any profi...
16 Dec 2022
16th December 2022 Trade and Financial Services Round Up
Kenya KRA in dilemma over Ruto directive on seizing property The Kenya Revenue Authority (KRA) faces a legal dilemma in the wake of President William Ruto’s directive to the taxman to go slow on iss...
18 Nov 2022
18th November 2022: Trade and Financial Services Round Up
Kenya Counties with the worst loan defaulters exposed Drought-hit Marsabit, Garissa, Samburu and Isiolo counties have the highest proportion of borrowers defaulting on credit, including dues owed to s...
11 Nov 2022
11th November 2022 Trade and Financial Services Round Up
TRADE AND FINANCIAL SERVICES ROUND UP Kenya Kenya eyes 100pc shift to clean energy by 2028 Kenya will fully transition to green energy by 2028, President William Ruto has said. Speaking to CNN, he sai...
4 Nov 2022
4th November Trade and Financial Services Round Up
Kenya Dollar crisis piles pressure on Sh75bn State firms foreign debt State-owned enterprises (SoEs) are sitting on non-guaranteed foreign currency debt worth Sh74.9 billion, exposing them to higher f...
28 Oct 2022
28th October 2022 Trade and Financial Services Round Up
Kenya Uber, Bolt and Little drivers demand commission cut Taxi drivers signed up on Uber Kenya, Little and Bolt platforms Thursday went on strike in a bid to push the firms to lower the commission cha...
21 Oct 2022
21st October 2022 Trade and Financial Round Up
Kenya President Ruto to reverse Uhuru’s termination of JKIA deal President William Ruto’s administration plans to revive the Sh56 billion airport tender cancelled eight years ago, reversing anothe...
14 Oct 2022
14th October 2022 Trade and Financial Services Round Up
KENYA Treasury disowns official papers on Sh1.3bn China fine for SGR loans The Treasury Thursday disowned an official statement indicating that Chinese lenders penalised Kenya Sh1.312 billion for dela...
7 Oct 2022
7th Octoberr 2022 Trade and Financial Services Round Up
ANDA Rwanda, EU sign Rwf72.5 billion deal for climate-resilient agriculture The Government of Rwanda and the European Union signed a financing agreement worth €69 million (approx.Rwf72.5 billion) to...
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