Beer prices set to rise as Treasury slashes tax relief on locally sourced raw materials

By Kepha Muiruri,

The National Treasury has slashed the remission of excise duty with respect to beer made from sorghum, millet, cassava or any other agricultural produ...

beer prices , excise tax , National Treasury

Kenya inflation cools to 5.47 percent in May- KNBS

By Kepha Muiruri,

Inflation cooled down to 5.47 percent in May down from 5.62 percent in April, new data from the Kenya National Bureau of Statistics (KNBS) shows. T...

Inflation , KNBS

Treasury CS Yatani sneaks back rejected tax proposals in 2020 Finance Bill

By Kepha Muiruri,

Treasury Cabinet Secretary Ukur Yatani has set himself for a showdown with the National Assembly after sneaking back proposals rejected by Parliament ...

2020 Finance Bill , CS Ukur Yatani , National Treasury

Higher food, transport costs pushes April inflation to 5.62 percent

By Kepha Muiruri,

The inflation rate in April rose marginally to 5.62 percent up from 5.51 percent in March as higher food, transport costs increased pressure on consum...

Inflation , Kenya National Bureau of Statics (KNBS)

East African Breweries first half profit jumps to Ksh.10.6billion

By Citizen Reporter,

East African Breweries has posted a 9% jump in pretax profit to Ksh. 10.6 billion for its first half to the end of December, the company said on Frida...

eabl , Sikera

From betting to alcohol and unga: The overview of your new taxes

By Kepha Muiruri,

President Uhuru Kenyatta signed into law the Finance Act, 2019 on Thursday instantaneously bringing on board a whole new raft of taxes to the door ste...

Bottled water prices to increase from next week

By Kepha Muiruri,

The price of bottled water is expected to increase by an average Ksh.7 per litre as the Kenya Revenue Authority (KRA) moves to implement new excise ta...

EGMS , KRA , Water Bottlers Association of Kenya

Unga shortage pushes October inflation to 2-month high

By Kepha Muiruri,

A notable rise in prices of major food commodities including maize grain and sifted maize flour saw October's inflation rise to a two-month high 4.95 ...

Inflation , KNBS , unga prices

September inflation falls to 17-month low

By Kepha Muiruri,

Growth in consumer prices across the month of September grew at the slowest pace in 17 months as the inflation rate fell to 3.83 percent over the peri...

Inflation

KRA denies reports on suspension of tax on non-alcoholic beverages

By Ian Omondi,

The Kenya Revenue Authority (KRA) has denied reports claiming that it has suspended taxes on bottled water, juices, soda and other non-alcoholic bever...

EGMS , KRA

July inflation hits 3-month high

By Kepha Muiruri,

The inflation rate in July has touched a 3-month high of 6.3 percent from 5.7 percent in June highlighting increased pressure on the consumer spending...

Inflation , Kenya Shilling , KNBS

Coca-Cola announces its first alcoholic drink

By CNN,

For the first time in the company's history, Coca-Cola will sell an alcoholic beverage. The company will officially launch the Lemon-do alcoholic s...

coca-cola

Budget 2019: Treasury misses the mark, no relief for Kenyans

By Kepha Muiruri,

Treasury CS Henry Rotich's presentation on the financing of the 2019/20 budget estimated at Ksh.3.02 trillion has missed its mark in providing any sub...

2019 budget , capital gains tax , Henry Rotich , National Treasury , sin tax

Drought effects push inflation rate to 18-month high

By Kepha Muiruri,

The Kenya National Bureau of Statistics (KNBS) has released its monthly consumer price index for the month of April quoting inflation at 6.58 percent....

Treasury claims court order barring 16pc fuel tax not served

By Francis Gachuri,

Treasury now insists that they have not been served with the court order barring implementation of 16percent fuel tax six days after the ruling. Th...

ERC , fuel tax

Alcohol beverage makers oppose excise duty change

By Citizen Reporter,

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

Kenya’s ‘budget for the rich’ pushes poor to the brink

By Reuters,

A few metres from Kenya’s Parliament where the Treasury CS read his budget, Deborah Mwandagina, deputy principal of a school in Mukuru Slum, is unim...

2018/2019 budget , Treasury Cabinet Secretary Henry Rotich

Liquor manufacturers enact code to drive up ethical marketing

By Kepha Muiruri,

In response to the rising cases of under-age drinking, driving under the influence and the sale of illegitimate alcohol, major alcoholic makers have s...

ABAK , alcohol , Alcohol Beverages Association of Kenya , code of conduct , drunk driving , Erick Kiniti , liqor , Marketing , PERAK , promotion , self regulation , underage drinking

EABL banks on innovation to grow revenues

By Kepha Muiruri,

East African Breweries Limited (EABL) is placing all bets on innovation to drive growth. The alcoholic beverages manufacturer has identified the need ...

Competition , eabl , east african breweries , Fred Otieno , innovation , Kenya Cane , new products , revenue , Tusker , Tusker Cider

EABL calls for legislation, taxation clarity in illicit brew fight

By Kepha Muiruri,

Alcoholic beverages manufacturer East African Breweries Limited (EABL) is calling on the government to exercise consistency in its regulation of the s...

alcohol , bottling , eabl , east african breweries limited , Erick Kiniti , illicit alcohol , Kiambu County , legislation , Senator Keg , taxation