Tag: Trade and Financial roundup

TRADE AND FINANCIAL SERVICES ROUND-UP

Kenya Nairobi slaps Uganda with fresh hurdle on fuel imports Kenya has thrown a fresh hurdle on Uganda’s direct fuel import scheme, doubling the bond fee for imported consignments destined for Kampala to $45 million (Kshs. 5.78 billion at current exchange rates). (Business Daily) Tanzania Tanzanian entrepreneur gets $40 million investment for his […]...

More on Tag: Trade and Financial roundup

8 Jul 2024

Trade and Financial Service Round-Up

Kenya Uganda oil imports end Kenyan firms’ fuel transit business The first oil shipment destined for Uganda docked at the port of Mombasa on Wednesday, marking an end of Kenyan oil market com...

28 Jun 2024

Trade and Financial Services Round-Up.

Kenya How IMF predicted public rage over Kenya tax hikes The International Monetary Fund (IMF) foresaw the emergence of street protests resisting controversial tax proposals, which it backed, w...

24 May 2024

TRADE AND FINANCIAL SERVICES ROUND-UP.

Kenya Business registration agency takes over listing of trusts from Lands ministry The Business Registration Service (BRS), a State agency under the Attorney-General’s office, has assumed re...

9 May 2024

Trade and Financial Services Round-Up.

Kenya SEZ companies get Sh1.9bn tax incentives in nine years Firms operating in Kenya’s special economic zones (SEZ) were exempted from paying Sh1.98 billion in taxes and other levies in th...

28 Apr 2024

TRADE AND FINANCIAL SERVICES ROUND-UP.

Kenya Wage bill lie: The policies and doublespeak stoking crisis A presidential task force in 2014 recommended at least 75 State corporations be abolished. Instead, 87 new parastatals have be...

21 Apr 2024

TRADE AND FINANCIAL SERVICES ROUND-UP

Kenya Proof-of-income test for affordable home applicants All applicants seeking to purchase units in the State’s affordable housing programme through mortgage financing would be required to present...

12 Apr 2024

TRADE AND FINANCIAL SERVICES ROUND UP.

Kenya Domestic borrowing up by Sh424bn The rate of State borrowing from the local market accelerated during the first nine months ended March, with fresh debt hitting Ksh424.7 billion compared to Ksh2...

5 Apr 2024

Trade and Financial Services Round-Up.

Kenya Sh75bn tax bill stalls M-Pesa split from Safaricom Safaricom is facing a Sh75 billion tax liability in the Central Bank of Kenya (CBK) push for the separation of M-Pesa from the telecoms busines...

28 Mar 2024

TRADE AND FINANCIAL SERVICES ROUND-UP.

KENYA Kenya ends oil import feud with Uganda Kenya will finally license the Uganda National Oil Company (Unoc), ending months of a major feud that spilled over to the regional court and hurt diplomati...

22 Mar 2024

TRADE AND FINANCIAL SERVICES ROUND-UP.

Kenya Kenya’s coffee exports nearly doubled in January on demand Kenyan coffee exports nearly doubled to 2,685 tonnes in January on demand for the larger quantities of quality crops from the main Oc...

15 Mar 2024

Trade and Financial Services Round-Up.

Kenya New levy lined up for State contractors The Treasury has introduced a new levy on contractors making supplies to both national and county governments, a shift likely to raise the cost of public ...

Page 1 of 2

1 2 Next »