world business
KNTC fails to stop petition on edible oil export duty
The petition is challenging the government's move to remove the 35pc duty on edible oils and...
How paper taxes will hurt Kenya’s dairy sector
The price of milk, a staple in many Kenyan households, is poised to rise significantly if the...
Eddie Butita reinvents into a businessman
“Buda, tunaeza re-take hiyo shot tena Nafikiri bado haijaingiana,” (Could we retake that shot?
Taxes on sale of beer, fuel, cosmetics post a rare fall
Tax on production and importation of alcoholic drinks, fuel, cigarettes, cosmetics and cars...
Insurance firms swamped by Sh3.1bn floods damage claims
The widespread flooding that hit Kenya in March and April has seen insurance firms struggle to...
Finance Bill: MPs drop ‘punitive’ taxes as Kenyans protest
The Kimani Kuria-led committee announced the proposed changes, noting that they were informed...
Rich parastatals face cash squeeze in Treasury raid
Cash-rich parastatals are set for leaner times after the State moved to raid their coffers.
Kenyans relocate to the US at the fastest rate in 10 years
The drift comes as a result of a shrinking job market in the local economy, which has compelled...
Shilling rallies to 15-month high on lower dollar demand
The shilling has climbed to a 15-month high against the dollar.
Rubis retains Sh4.6bn bonds in fuel subsidy payments from State
Oil marketer Rubis Energy Kenya retained 26.6 million euros (Sh4.6 billion) worth of pending...
MTN Uganda share sale oversubscribed on incentives
The sale of additional shares by South Africa’s MTN Group in its Ugandan subsidiary was...
State makes U-turn, removes Sh100,000 car tax cap
Owners of high-end vehicles will pay upwards of Sh400,000 for the annual motor car tax.
