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EU extends Ksh.520B loans, grants to support Big Four Agenda
By Dennis Otieno, 841, November 13, 2018 (EAT)
The European Union (EU) has advanced Kenya Ksh.520 billion in loans and grants over the next five years. The funds, government says will be key in ...

EU , EU Ambassador to Kenya Stefano Dejak
World Bank criticises Kenya’s approach to cutting fiscal deficit
By Reuters, 1527, October 12, 2018 (EAT)
The World Bank urged Kenya to cut spending on public sector wages and other recurring items to reduce its debt load, instead of slashing development s...

fiscal deficit , World Bank
CBK Governor to seek removal of cap on commercial lending rates
By Reuters, 1943, September 27, 2018 (EAT)
CBK Governor Patrick Njoroge has said he will keep engaging with lawmakers to seek a removal of a cap on commercial lending rates which are "stranglin...

Kenya Central Bank , Patrick Njororge
High Court declines to issue orders stopping 16pc fuel tax
By Dzuya Walter, 1504, September 4, 2018 (EAT)
The High Court has declined to issue orders stopping the implementation of 16 percent fuel tax. Also Read: Omtata in court to stop 16% V.A.T on f...

COTU , fuel tax , Okiya Omtatah
ERC releases new fuel prices, Ksh.127 for super petrol in Nairobi
By Citizen Reporter, 1914, September 1, 2018 (EAT)
The energy regulator has finally released new fuel prices that reflect the 16percent Value Added Tax as ordered by Treasury Cabinet Secretary Henry Ro...

ERC , fuel prices , Henry Rotich
Fuel tax must be implemented from September 1: Rotich
By Citizen Reporter, 1233, September 1, 2018 (EAT)
Treasury CS Henry Rotich has insisted that the 16percent fuel tax will be implemented on September 1 as it is law. This means that effective midnig...

fuel prices , fuel tax , Henry Rotich
Fuel prices: Don’t celebrate just yet, union warns
By Citizen Reporter, 1231, August 30, 2018 (EAT)
The Finance Bill could be assented to later than September 1, the date when the implementation of the new tax is to take effect, which means companies...

finance bill , fuel prices
Energy Ministry in talks with Treasury to review electricity taxes
By Dennis Otieno, 955, August 16, 2018 (EAT)
Energy Cabinet Secretary Charles Keter says he has begun talks with his National Treasury counterpart Henry Rotich to review taxes charged on electric...

Energy Cabinet Secretary Charles Keter , Henry Rotich
Central Bank forecasts 6.2pc growth in 2018
By Reuters, 1726, July 31, 2018 (EAT)
Kenya’s economy is likely to expand by 6.2 percent this year, the central bank’s governor said on Tuesday, offering a rosier outlook than the Fina...

agriculture , banking , economic growth , Henry Rotich , interest cap law , lending , patrick njoroge , tourism , Treasury
Rift MPs call for release of maize farmers’ pay
By Daniel Korir, 1155, July 16, 2018 (EAT)
Legislators from the rift valley are calling on the government to release funds to clear payment to maize farmers who supplied to the national Cereals...

agriculture , maize , NCPB , Rift Valley , Samson Cherargei , Treasury
Bankers oppose Rotich’s ‘Robin Hood’ tax
By Dzuya Walter, 1459, July 2, 2018 (EAT)
Bankers have taken issue with the government’s plan to tax transactions above Ksh500,000 as proposed by National Treasury cabinet secretary Henry Ro...

banking , cost of doing business , excise duty , Henry Rotich , KBA , Kenya Bankers Association , lobby group , robin hood tax , software , universal healthcare
Kenyans to pay more as fuel price goes up
By Citizen Reporter, 1321, June 30, 2018 (EAT)
The Energy Regulatory Commission (ERC) has announced a Ksh.3 price increase in the cost of Kerosene starting July 1. Kerosene will now retail at Ks...

fuel prices
New Safaricom MPesa charges to take effect on July 1
By Rachel Ombaka, 1001, July 1, 2018 (EAT)
Kenyans will from July 1 have to dig deeper into their pockets as the new charges for the money transfer service MPesa take effect. In his budget r...

mpesa
Treasury defends duty free waiver for sugar import
By Kepha Muiruri, 1144, June 22, 2018 (EAT)
The National Treasury has defended its move to waive duty on imported sugar in 2017, arguing the move was aimed at addressing the severe shortage occa...

Adan Duale , AFA , contraband , copper , Drought , duty free , East African customs management procedures , Henry Rotich , KEBS , KPA , KRA , lead , maize , mercury , production , Sugar , sugarcane
KenGen Meru wind farm construction set for 2019
By Kepha Muiruri, 1756, June 21, 2018 (EAT)
Construction of the 400 megawatt wind power project in Meru is set to commence in 2019. This as the Kenya Electricity Generation Company (KenGen) n...

Electricity , financial agreement , French Development Agency , kengen , land compensation , power , Rebecca Miano
Treasury reassures central bank on new regulator
By Reuters, 1534, June 21, 2018 (EAT)
Kenya’s proposed financial-markets authority will not infringe on the mandate of the country’s central bank, which has complained the new agency w...

banking , Central Bank of Kenya , Competition , Henry Rotich , Interest Rates , mobile lending , patrick njoroge , regulator , Treasury
Betting winners slapped with 20pc tax
By Kepha Muiruri, 1757, June 20, 2018 (EAT)
Gamblers will be subjected to a tax on their winnings as part of efforts to improve revenue collection from betting and gaming. According to propos...

betting , corporate tax , culture , Healthcare , National Treasury , sports fund , tax
Housing Fund contribution causes storm
By Dennis Otieno, 956, June 20, 2018 (EAT)
Employers are up in arms over the new proposals to contribute to a new housing fund. The Federation of Kenyan Employers (FKE) says this will increa...

Big 4 , budget , development plan , Federation of Kenyan Employers , FKE , Henry Rotich , low cost housing , National Housing Development Fund , NHC , statutory deduction , Treasury , Uhuru kenyatta
Alcohol beverage makers oppose excise duty change
By Citizen Reporter, 1610, June 19, 2018 (EAT)
Alcoholic beverage manufactures and distributors have opposed the National Treasury’s move to impose an annual excise tax increase pegged on inflati...

ABAK , alcohol , Alcohol Beverages Association of Kenya , Beer , bottled water , budget , cigarettes , excise duty , finance bill , Henry Rotich , lobby group , taxes
Treasury eyes PPP deals with disclosure portal
By Kepha Muiruri, 1828, June 19, 2018 (EAT)
The government is keen on bringing on board more private sector stakeholders into the infrastructural projects funded under public-private partnership...

disclosure , funding , Infrastructure , investment , Joshua Oigara , KCB Group , portal , PPP , PPP disclosure portal , PPP Unit , public private partnerships , transparency , Treasury , Uhuru kenyatta

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