KENYA Treasury shuns law set to control goods prices The Treasury will not invoke the law that allows the government to control the prices of essential goods in reaction to the surge in inflation. Tre...

KENYA Hoteliers, traders jostle for piece of KSh6bn rally windfall Palatial homeowners with spacious grounds in Naivasha are hurriedly setting up tents to cash in on the windfall from the World Rally ...

KENYA Grain stuck at Tanzania border due to new import requirement Tanzania has imposed a new requirement on grain traders to get an export permit before shipping maize into the country, in a policy s...

KENYA Kenya FDI declines Kshs 31.5 billion amid rebound in the EAC Kenya’s foreign direct investment (FDI) inflows went against a regional recovery trend in 2021 after falling by $269 million (K...

KENYA New alcohol, SIM card taxes rock Parliament A Member of Parliament affiliated to Deputy President William Ruto’s Kenya Kwanza coalition on Thursday evening proposed higher taxation on beer and...

KENYA KCB first quarter profit jumps to Sh9.9 billion KCB Group net earnings grew by more than half in the first quarter ended March, helped by higher interest and non-interest income and lower loan l...

KENYA Kenya’s debt repayments to China shoot to Sh73.5 billion Kenya’s debt repayments towards China-funded infrastructure projects have more than doubled to a record Sh73.48 billion this fina...

KENYA Manufacturers protest new KRA fuel, beer tax powers Manufacturers want the proposed powers to exempt excisable goods like fuel, beer and bottled water from annual price rises due to inflation to...

KENYA  Economy grows fastest in 11 years on easing Covid curbs Kenya’s economy rebounded in 2021 to grow at the fastest pace in 11 years on easing of Covid-19 restrictions which boosted recover...

KENYA Safaricom gets Sh46bn loan for Addis licence  Standard Chartered Bank Kenya was one of the major banks that lent Safaricom a total of $400 million (Sh46.3 billion) last year, helping the te...

KENYA  Kenya delays talks on 15pc cut in power bills The State is yet to open talks for a review of power purchase agreements signed over the years by Kenya Power, signalling further delay of the...

KENYA Fuel prices to hit highest in Kenya’s history without subsidy Petrol prices will from midnight increase to the highest level in Kenya’s history unless the State subsidises the rising cru...