×
The Standard e-Paper
Kenya's Bold Newspaper
The government is banking on public institutions to increase the amount of cooking gas consumed in the country to 10kg per capita in line with the National Liquified Petroleum Gas Enhancement Project.
In an economy with declining consumer purchasing power, the government's focus on capital build-up appears to stray from the previously championed Bottom-up Economic Transformation Agenda.
The Kenya Development Corporation (KDC) has called for alignment of development financing with the African Continental Free Trade Area
Establishing standards for imported second-hand clothes and those manufactured locally is one of the ways players in the Mitumba sector believe will allow these two industries to co-exist.
Experts are advising against using burnt bricks for construction and instead pushing for using more environmentally friendly alternatives, such as cement blocks and stabilised soil blocks.
The captains of industry say the country’s competitiveness has been eroded due to numerous taxes on raw materials.
Regulatory bodies of insurance services in the region have revived talks on mutual recognition of polices across the East African Community markets.
The findings also show growth in the number of illicit cigarettes sold, with the market in Kenya moving from 27 per cent just a year ago to the current unprecedented 37 per cent.
Say the country tends to project revenues blindly without a strategy on how to collect more. Say, Finance Bill 2025 seeks to wipe out incentives enjoyed by investors through tax expenditures.
Local businesses will be able to benefit from government tenders up to Sh3 billion even as the State is keen not accumulate further debts owed to enterprises.
The minutes of the 43rd Annual Delegates Meeting held last year have offered a glimpse of the financial woes bedeviling Afya Co-operative Savings that resulted to a chaotic gathering in May.
Further analysis of the inventory showed that 5,397 units under the State Department of Housing and Urban Development have been boarded countrywide.
Key issues discussed in the meeting included licensing for the scrap dealers and vandalism, according to a statement released after the event.
Additionally, the definition of royalty is expanded to include regular payments for software distribution, further widening the royalty tax base.
Slowing economic growth, rising interest rates, US trade tariffs and inflation to determine performance of the economy.
Dr Thugge, who is the MPC chair, noted that there was room to reduce the rates further to stimulate the banks to lend more.
The IRA says it has rejected approval requests from several microinsurance firms because their products do not meet the threshold set for the low-income population.
Goons took advantage while other traders closed shops in fear of looting.Poor economy has seen some businesses struggle to recover from losses.
President William Ruto has been vocal that the country cannot continue relying on borrowed funds for its development ventures.
KCB CEO Paul Russo, during a recent forum attended by Investments, Trade and Industry Cabinet Secretary Lee Kinyanjui, pointed out how disjointed the budget-making process is.
Subscribe to our newsletter and stay updated on the latest developments and special offers!
Join