January tax receipts down 6pc at Ksh.111.3B

By Kepha Muiruri,

Tax receipts across the month of January fell by six per cent to stand at Ksh.111.3 billion from Ksh.118.3 billion last year. This is according to ...

Kenya Revenue Authority (KRA) , National Treasury , taxes

Kenya saves Ksh.121B from fall of oil prices last year

By Kepha Muiruri,

Kenya save Ksh.121 billion ($1.1 billion) in foreign exchange from the fall of international oil prices across 2020. Kenya’s oil bill, which repr...

oil prices

Half year tax revenues down 13.6 per cent at Ksh.673.6 billion

By Kepha Muiruri,

The National Treasury has reported a 13.6 per cent slump in tax collected through the first six months of the 2020-21 financial year to December 2020....

Kenya Revenue Authority (KRA) , National Treasury , taxes

New taxes, fraud haunt Kenya’s vibrant online market

By Kepha Muiruri,

An unpredictable tax environment coupled with the infiltration of fraud in Kenya's online market is set to dampen the expansion of the sector which ne...

Digital Services Tax (DST) , e-commerce , JUmia

New Europe lockdowns dim Kenya’s horticulture prospects

By Kepha Muiruri,

The return of lockdowns in Europe has cast a shadow to Kenya’s horticulture earnings prospects in 2021 in spite of a resilient 2020. This is as p...

Fresh Produce Consortium (FPC) , Fresh Produce Exporters Association of Kenya , Horticulture in Kenya

2020 review: Millions mark end of the year in economic despair

By Kepha Muiruri,

Like any other year, the start of 2020 was premised on high hopes for better fortunes and tidings by Kenyans with many coining the unofficial phrase �...

coronavirs , economy , tax

KRA projects rebound in revenue collection as economy stabilizes

By Kepha Muiruri,

The Kenya Revenue Authority (KRA) says it expects normalizing in its revenue collection efforts as the economy continues to open up. The tax man sa...

COVID-19 , Kenya Revenue Authority (KRA)

How government milked price controls to slap Kenyans with high fuel costs

By Kepha Muiruri,

In 2011, the government moved to enforce price controls by effecting maximum pump prices through the then Energy Regulatory Commission (ERC). The e...

Energy and Petroleum Regulatory Authority (EPRA) , fuel costs , National Treasury , taxes

Kirinyaga Governor Anne Waiguru says MCAs budget changes are illegal

By Johnson Muriithi,

Kirinyaga Governor Anne Waiguru has accused the County Assembly of arm-twisting county executives to settle their scores using the 2020-2021 budget fo...

Kirinyaga , waiguru

MPs shoot down taxes on pensions, cooking gas in Finance Bill adoption

By Kepha Muiruri,

The 2020 Finance Bill sailed through the floor of the National Assembly as Members of Parliament shot down proposals by Treasury to raise taxes from p...

2020 Finance Bill , National Treasury , taxes

Budget day: Yatani’s budget of pain

By Kepha Muiruri,

In just a few hours, Treasury Cabinet Secretary Ukur Yatani is expected to walk down the steps of the planning ministry to head into the National Asse...

2020/2021 budget , CS Ukur Yatani , National Treaasury

Super Petrol prices decrease by Ksh.9.54 per litre

By Kepha Muiruri,

Super Petrol and Diesel prices have decreased by Ksh.9.54 per litre and Ksh.19.19 per litre respectively. In its monthly review, the Energy and Pet...

Energy and Petroleum Regulatory Authority (EPRA) , petrol

OPINION: Tailored mitigation efforts could cushion economy better from Covid-19 pandemic

By Citizen Reporter,

By Desmond Boi The coronavirus pandemic has certainly thrown into sharp relief the interconnected clasp of globalization and nationalism and revea...

COVID-19

BWIRE: Kenya should establish a Media Diversify Fund

By Victor Bwire,

By Victor Bwire It is time a media diversity fund is established in Kenya as a way of enabling the industry respond to the current financial and pr...

Gov’t renames Moi Day to Huduma Day, Boxing Day to Utamaduni Day

By Benjamin Muriuki,

The Cabinet has approved the renaming of Moi Day, which falls on October 10th as Huduma Day. In a statement to newsrooms, State House said the rena...

Huduma Day , Moi day

Kenyan businesses future optimism falls to 33 month-low

By Kepha Muiruri,

Kenyan businesses optimism for future has fallen to its lowest count in 33 months to mirror caution to business activity undertaken in the coming year...

private sector perception , Stanbic Bank PMI

Gov’t silent on revenue sharing deal with Turkana oil partners

By Kepha Muiruri,

The Ministry of Petroleum has brushed aside questions regarding its revenue sharing agreement with its oil exploration partners among them Tullow. ...

Andrew Kamau , Early Oil Pilot Scheme (EOPS) , Petroleum Ministry , Tullow

Three Nairobi residents in court to bar the enactment of the Finance bill

By Dzuya Walter,

Three Nairobi residents on Friday moved to court seeking to stop Nairobi County government from passing into law the Nairobi City County Finance Bill ...

Nairobi City County Finance Bill 2019. , nairobi county

Three Kenyans killed in Kismayu hotel attack, death toll rises to 26

By VOA,

The death toll from the Kismayu hotel attack in Somalia has risen to 26, with three Kenyans, one Briton, two Americans and three Tanzanians among thos...

Al Shabaab , Hodan Naleyah , kismayu hotel attack

Sponsored: The senior citizens’ Independent Living Communities

By Sponsored,

By Benard Ojwaya With Kenya’s population estimated at 52 million and projected to rise to 66 million in 2030, senior citizens (60+) will account ...

Benard Ojwaya , Centum Real Estate , independent living communities