Business & Economy

Kenya Tax News

Follow KRA, Finance Bill, tax compliance, public revenue, budget, Treasury, and cost of living updates affecting Kenyans.

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Business

Absa Group to Invest $239 Million to Increase Stake in Kenyan Subsidiary

Absa Group is set to spend approximately $239 million to boost its ownership in its Kenyan unit from 68.5% to 85%, reflecting its commitment …

Economy

Volkswagen CEO Oliver Blume Plans Up to 50,000 Job Cuts to Boost Competitiveness

Volkswagen CEO Oliver Blume announced plans to cut up to 50,000 jobs worldwide in a bid to streamline operations and improve competitiveness amid rising …

Sports

Ruto's Ksh 135 Million Support to AFC Leopards Marks Major Government Investment in Sports

President Ruto announces a Ksh 135 million package for AFC Leopards, emphasizing government commitment to sports development and football enhancement.

Economy

The Cost of Survival: Fast Food Becomes a Lifeline for Nairobi’s Office Crowd

With rising living costs in Nairobi, many office workers are turning to inexpensive fast foods such as smokies, boiled eggs, and chapatis for lunch, …

Stories

Government Official Urges Ethical Use of Church Pulpits to Foster Unity

Dr. Raymond Omollo advocates for responsible preaching from church pulpits to promote peace, unity, and national cohesion, discouraging divisive rhetoric.

Economy

Lamu Port to Benefit from Dangote’s $700 Million Refinery Project

Discover how Dangote’s $700 million refinery in Lamu is set to boost port activity, strengthen the LAPSSET Corridor, and impact regional trade dynamics.

Business

Shareholders of Savannah Heights Seek to Block Judgment in Ndeta Case

Shareholders of Savannah Heights are challenging the court's pending judgment in the controversial Ndeta case, highlighting governance and legal concerns amidst

Business

Kenya's Tea Exporters Protest 0.8% Levy, Citing Threat to Global Competitiveness

Kenya's tea exporters are protesting the new 0.8% export levy, arguing it undermines their competitiveness and impacts farmers' earnings, amid industry concerns

News

Kenyan Government Clears Sh8 Billion Subsidy Debts to Oil Marketers

Kenya's government has settled Sh8 billion in subsidy arrears owed to oil marketers, easing financial pressures and stabilizing the fuel sector.

Education

Kajiado Youth Gain Practical Skills at Sensei College Event; Daniel Kanchori Applauds Initiative

Daniel Kanchori commends the youth of Kajiado for acquiring valuable skills at Sensei College event and urges government investment in vocational training to促进县