Kenya’s inflation rate dropped further to 2.7 per cent in October, even as the cost of living continues to skyrocket amidst enhanced taxes imposed by the government.
Kenya Power now says it has no qualms with independent power producers selling electricity directly to consumers even as it raises concern about the stability of the country’s supply infrastructure.
The Kenya Revenue Authority is targeting to collect Sh60 billion from digital coin traders in the government’s renewed efforts to have Kenyans pay taxes.
The government is mulling the revision of the NSSF Act 2013, given some challenges it poses as raised by the private sector.
The increase in power demand was on the back of the connection of 447,251 new customers in the financial year ended June 2024.
The government is working on a platform that would boost SMEs visibility through e-commerce to have them form partnerships to facilitate access to new markets.
Construction is the most vibrant sub-sector in arid and semi-arid counties according to a recent ranking by the State-led think tank.
Real estate developer Jabavu Village Ltd has explained why it used public land to obtain a Sh1.9 billion loan.
The taxman has surpassed October revenue targets by Sh6.8 billion with domestic taxes recording a performance of 104.6 per cent.
External debt payments almost doubled to hit Sh756 billion as the government intensifies efforts to cut its appetite for domestic credit that has squeezed out the private sector.
Trade Cabinet Secretary Salim Mvurya has said the economic partnership agreement between Kenya and the United Arab Emirates (UAE) is expected to boost trade relations.
Kenya’s public debt could be more than the reported Sh10.6 trillion as concern is raised on how much credit has been accumulated by public institutions through non-guaranteed loans.
Boda boda operators are now mulling the establishment of their own insurance agency, among other measures, in the wake of the rising cases of motorcycle thefts in the country.
Adoption of mobile money is highest in the construction industry, according to a new report that shows the low level of digitisation among informal sector businesses.
The share of Airtel Money has grown 6.6 per cent, according to the latest Communications Authority (CA) industry report.
Simply put, if the economy was working as the Kenya Kwanza administration claims, shouldn’t businesses be recruiting more than they are letting go of their staff?
MSMEs and the informal sector feature heavily in the Kenya Revenue Authority’s (KRA) ninth corporate plan running until the 2028-29 financial year.
The Nairobi City County targets to develop 10,000 units in its Annual Development Plan for the financial year 2025/26.
Sector forms consortium to lead investment in capital-intensive ventures. Most of the funds have traditionally been invested in government securities.
Treasury CS John Mbadi has absolved his office of any delays and even provided a breakdown of how much money has been released to counties.
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