BUSINESS NEWS

The Energy and Petroleum Regulatory Authority (EPRA) has announced an increase in fuel prices effective January 15, 2025, responding to ongoing economic challenges in Kenya. The new prices will see Super Petrol rise by Ksh 0.29, Diesel by Ksh 2.00, and Kerosene by Ksh 3.00 per litre, bringing the…

Three years after the inauguration of its modern cruise terminal, the Port of Mombasa, Kenya, has not achieved its ambitious goal of becoming a leading cruise destination in the region. The facility, which boasts a lobby with a capacity for 2,000 passengers, shops, a restaurant, and a conference…

The National Biosafety Authority (NBA) has completed a month-long public consultation regarding the potential market introduction of Genetically Modified (GM) maize, specifically known as BT Maize. This consultation, initiated in mid-December after an official notice on December 6, 2024, gathered…

Stakeholders in Kenya's Liquified Petroleum Gas (LPG) sector are expressing alarm over potential price increases as the government pushes for a regulatory overhaul aimed at enhancing industry standards and safety. The proposed Petroleum Regulations 2024 require LPG operators to obtain separate…

As the festive season approaches, businesses in Nyeri are experiencing a range of sentiments. While many traders anticipate increased consumer spending typical of the holiday season, others prepare for potential financial downturns. Some local business operators view the holiday as a lucrative…

The Mombasa Port is currently witnessing a substantial surge in vessel traffic, reported by the Kenya Ports Authority (KPA) to have increased transhipment activity by an impressive 300%. This remarkable uptick in maritime operations is influenced by several key factors, including governmental…

Beginning January 2026, Kenya will cease imports of hydrochlorofluorocarbons (HCFCs) refrigerants, as mandated by the National Environment Management Authority (NEMA). This action aligns with the commitments established under the Montreal Protocol, which seeks to phase out substances harmful to the…

The Energy and Petroleum Regulatory Authority (EPRA) has announced a notable reduction in fuel prices in a strategic move to alleviate the financial burden on Kenyans during the festive season. This adjustment comes at a crucial moment as many motorists prepare for increased travel during the…

The Kenya Association of Travel Agents (KATA) has launched a petition in response to the proposed 16 per cent Value Added Tax (VAT) on select air services, including air tickets issued by travel agents. KATA's leadership, including Chairman Joseph Kithitu and CEO Nicanor Sabula, asserts that this…

Kendu Bay, a historic trading centre in Homa Bay County, is set to undergo an economic transition with the upcoming opening of the first bank branch in the town, Kenya Commercial Bank (KCB). The grand opening, scheduled for Monday, marks a critical milestone in a community long characterized by its…