BUSINESS NEWS

Chinese Goods Dominate Kenya's Import Market
Chinese Goods Dominate Kenya's Import Market
China remains Kenya's primary source of imports despite efforts by President William Ruto to… read more...
Kenya's Tourism Revenue Soars to All-Time High of Sh352 Billion
Kenya's Tourism Revenue Soars to All-Time High of Sh352 Billion
The tourism industry in Kenya has experienced significant growth in recent years.
How Nairobi Tech-Savvy Scammers Target 73 Million Mobile Accounts
How Nairobi Tech-Savvy Scammers Target 73 Million Mobile Accounts
In today's interconnected world, protecting personal information has become crucial. Kenya faces… read more...
Kenya Poised to Lead East African EV Revolution with MojaEV Launch
Kenya Poised to Lead East African EV Revolution with MojaEV Launch
Electric mobility firm MojaEV Kenya on June 28, inaugurated its flagship showroom in Nairobi.
3 Million Kenyans Have 72 Hours to File Tax Returns
3 Million Kenyans Have 72 Hours to File Tax Returns
As of June 26, approximately six million Kenyans had successfully filed their tax returns… read more...
JKIA to Construct 20-Million Traveler Capacity Terminal
JKIA to Construct 20-Million Traveler Capacity Terminal
Jomo Kenyatta International Airport (JKIA) is set to undergo a substantial expansion including the… read more...
Who Profited from Sh1 Billion Public Furniture Contracts?
Who Profited from Sh1 Billion Public Furniture Contracts?
On February 21, 2024, Nakuru County initiated the budgeting process for the forthcoming financial… read more...
Family Bank's Newly Appointed Chairman Mungai Dies in the US
Family Bank's Newly Appointed Chairman Mungai Dies in the US
Family Bank Board of Directors has announced the death of their recently chosen chairperson,… read more...
Ruto Yields to Pressure, Overhauls Controversial Tax Measures
Ruto Yields to Pressure, Overhauls Controversial Tax Measures
President William Ruto's administration has demonstrated responsiveness to public sentiment by… read more...
Kenyan Shilling Ranked Africa's Top Currency Amid Economic Optimism
Kenyan Shilling Ranked Africa's Top Currency Amid Economic Optimi…
The Kenyan Shilling has earned accolades as the region's top-performing currency.
Kenyans Up in Arms Over Proposed Finance Bill 2024
Kenyans Up in Arms Over Proposed Finance Bill 2024
The proposed Finance Bill, 2024, aimed at amending tax laws and revenue-raising measures has… read more...
Kenyans Driving Luxury Cars to Pay Sh400,000 Annually
Kenyans Driving Luxury Cars to Pay Sh400,000 Annually
The Kenyan National Treasury has abolished the Sh100,000 cap on annual motor vehicle tax in a… read more...
Kenya Government to Offload Stakes in 6 State-Owned Companies
Kenya Government to Offload Stakes in 6 State-Owned Companies
President William Ruto's administration has unveiled an ambitious initiative to reshape state… read more...
Eastleigh Developers in Limbo as Ruto Reverses Stance on High-Rise Construction
Eastleigh Developers in Limbo as Ruto Reverses Stance on High-Rise Con…
The recent directives from President William Ruto regarding the height restrictions for high-rise… read more...
Cruise Ships Set for Kisumu Port
Cruise Ships Set for Kisumu Port
The once-dormant Kisumu Port on the shores of Lake Victoria is set to experience a renaissance,… read more...
Kenyan Taxpayers Bear Burden as Government Assumes Kenya Airways' $641M Debt
Kenyan Taxpayers Bear Burden as Government Assumes Kenya Airways'…
The Kenyan government has assumed the responsibility of servicing a substantial loan originally… read more...
Etihad Airways Indefinitely Delays Resumption of Abu Dhabi-Nairobi Flights
Etihad Airways Indefinitely Delays Resumption of Abu Dhabi-Nairobi Fli…
Etihad Airways has indefinitely delayed the resumption of its direct flights from Abu Dhabi to… read more...
The Visionary Minds Exporting Kenya's Priciest Nuts
The Visionary Minds Exporting Kenya's Priciest Nuts
Macadamia nuts, often referred to as "nature's gold," have become a prized commodity globally,… read more...
World Bank Faults Ruto Tax Plans
World Bank Faults Ruto Tax Plans
The Ruto administration in Kenya finds itself entangled in a complex web of fiscal challenges with… read more...
Brussels Airlines Comeback Flight to Nairobi Marks Renewed Confidence in Kenya
Brussels Airlines Comeback Flight to Nairobi Marks Renewed Confidence…
Brussels Airlines has made a triumphant return to Nairobi after a hiatus of nearly a decade.
Flight Price Could Rise by 40pc, Warns Kenya Association of Air Operators
Flight Price Could Rise by 40pc, Warns Kenya Association of Air Operat…
The Kenya Association of Air Operators (KAAO) has voiced strong opposition to the 2024 Finance Bill… read more...
Kenyan Shilling Defies Global Trends, Maintains Value Against US Dollar
Kenyan Shilling Defies Global Trends, Maintains Value Against US Dolla…
The Kenyan shilling has remained resilient against the US dollar in recent days, despite… read more...
Kenya's Inflation Rate Soars to 5.1%
Kenya's Inflation Rate Soars to 5.1%
Kenya's inflation rate climbed to 5.1% in May 2024, reversing a three-month trend of decline.
BAT Increases Payout to Retain Dwindling Farming Workforce
BAT Increases Payout to Retain Dwindling Farming Workforce
In a bid to address the declining number of contracted tobacco farmers, British American Tobacco (… read more...
Residents Raise Issues Prior to Tea Estate's Impending Sale
Residents Raise Issues Prior to Tea Estate's Impending Sale
The recent acquisition of Lipton Teas and Infusions (formerly Ekaterra) estates by Sri Lankan firm… read more...
Dangerous Aflatoxin Levels Found in Popular Kenyan Flour Brand
Dangerous Aflatoxin Levels Found in Popular Kenyan Flour Brand
The discovery of excessive levels of aflatoxin in a popular brand of maize flour has prompted the… read more...
Slow Internet Connections Likely to Persist, Communications Authority of Kenya Warns
Slow Internet Connections Likely to Persist, Communications Authority…
A recent cut in undersea fibre optic cables near Mtunzini, South Africa, has caused internet… read more...
Products Exempted From Tax In Proposed Finance Bill 2024
Products Exempted From Tax In Proposed Finance Bill 2024
The Kenyan government's Finance Bill for 2024 outlines significant alterations to the country's tax… read more...
Proposed Tax Reforms in Kenya's 2024 Finance Bill Draw Criticism
Proposed Tax Reforms in Kenya's 2024 Finance Bill Draw Criticism
The Kenyan government's Finance Bill 2024 has sparked debate due to proposed increases in excise… read more...
US Ambassador to Kenya Meg Whitman Envisions Kenya as Africa's Singapore
US Ambassador to Kenya Meg Whitman Envisions Kenya as Africa's Si…
United States Ambassador to Kenya Meg Whitman believes that a revitalized manufacturing sector has… read more...