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More on Weekly Trade Round Up
8 Apr 2022
8th April 2022 Trade & Financial Services Round Up
KENYA Taxpayers to deposit 50pc of disputed tax at CBK before suing KRA Firms and individuals fighting the Kenya Revenue Authority (KRA) in courts over tax demands will have to deposit 50 percen...
1 Apr 2022
1st April 2022 Trade & Financial Services Round Up
KENYA Monetary Policy Committee report indicates strong economic performance amid gnawing global pressure The Monetary Policy Committee (MPC) met on March 29, 2022, against a backdrop of a chang...
25 Mar 2022
25th March 2022 Trade & Financial Services Round Up
KENYA Fertiliser crisis looms on Sh5.7bn subsidy row MPs want President Uhuru Kenyatta to order the reinstatement of a Sh5.7 billion fertiliser subsidy that the Treasury has removed from the supplemen...
18 Mar 2022
18th March 2022 Trade & Financial Services Round Up
KENYA Banks abandon CBK’s SME mobile loans deal Four lenders selected by the Central Bank of Kenya to give low-cost mobile loans to small businesses under a programme dubbed ‘Stawi’ have a...
11 Mar 2022
11th March 2022 Trade & Financial Services Round Up
KENYA KRA signals peace with Keroche in Sh22bn row The Kenya Revenue Authority (KRA) has signalled concessions for Keroche Breweries after day-long negotiations with the owners of the embattled firm o...
4 Mar 2022
4th March 2022 Trade & Financial Services Round Up
KENYA Sanctions block Sh10bn Kenya exports to Russia Kenya’s exports of tea, flowers, coffee and fruits to Russia have been derailed in the wake of sanctions imposed on Moscow by Western nations aft...
25 Feb 2022
25th February 2022 Trade & Financial Services Round Up
KENYA State pushes to raise debt ceiling to Sh13 trillion in chaotic session Parliament has asked the Treasury to increase the debt ceiling to allow it to borrow Sh846 billion to plug the budget...
18 Feb 2022
18th February 2022 Trade & Financial Services Round Up
KENYA Joint Statement of the Heads of Competition Authorities Dialogue on Regulation of Digital Markets The Heads of Competition Authorities of the Egyptian Competition Authority (ECA); the Comp...
11 Feb 2022
11th February 2022 Trade & Financial Services Round Up
KENYA CBK tests market with digital Kenya shilling The proposed Central Bank of Kenya (CBK) digital currency will for the first time allow Kenyans to directly keep cash at the apex bank, placing it in...
4 Feb 2022
4th February 2022 Trade & Financial Services Round Up
KENYA Firms slow down on hiring for first time in nine months Kenyan firms in January slashed expenditure on workers for the first time in nine months, citing a sharp fall in sales compared with Dec...
28 Jan 2022
28th January 2022 Trade & Financial Services Round Up
KENYA Treasury to pay part of defaulted mobile phone loans The Treasury will guarantee mobile phone loans given to small traders in a bid to increase supply of credit under a scheme where the State wi...
21 Jan 2022
21st January 2022 Trade & Financial Services Round Up
KENYA Banks risk Sh27bn as mortgage, matatu loan defaults jump 60pc Car and homeowners defaulted on loans totalling Sh27.8 billion in the 12 months to September last year, giving a peek into the night...
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