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January tax receipts down 6pc at Ksh.111.3B
By Kepha Muiruri,
1543, February 19, 2021 (EAT)
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 ...
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Kenya saves Ksh.121B from fall of oil prices last year
By Kepha Muiruri,
1354, January 29, 2021 (EAT)
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...
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Half year tax revenues down 13.6 per cent at Ksh.673.6 billion
By Kepha Muiruri,
1640, January 22, 2021 (EAT)
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....
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New taxes, fraud haunt Kenya’s vibrant online market
By Kepha Muiruri,
931, January 13, 2021 (EAT)
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...
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New Europe lockdowns dim Kenya’s horticulture prospects
By Kepha Muiruri,
1758, January 6, 2021 (EAT)
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...
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2020 review: Millions mark end of the year in economic despair
By Kepha Muiruri,
913, December 31, 2020 (EAT)
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 ...
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KRA projects rebound in revenue collection as economy stabilizes
By Kepha Muiruri,
2112, August 25, 2020 (EAT)
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...
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How government milked price controls to slap Kenyans with high fuel costs
By Kepha Muiruri,
1719, July 15, 2020 (EAT)
In 2011, the government moved to enforce price controls by effecting maximum pump prices through the then Energy Regulatory Commission (ERC). The e...
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MPs shoot down taxes on pensions, cooking gas in Finance Bill adoption
By Kepha Muiruri,
1125, June 24, 2020 (EAT)
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...
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Budget day: Yatani’s budget of pain
By Kepha Muiruri,
920, June 11, 2020 (EAT)
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...
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Super Petrol prices decrease by Ksh.9.54 per litre
By Kepha Muiruri,
1743, May 14, 2020 (EAT)
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...
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Kenyan businesses future optimism falls to 33 month-low
By Kepha Muiruri,
2031, December 4, 2019 (EAT)
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...
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Gov’t silent on revenue sharing deal with Turkana oil partners
By Kepha Muiruri,
1927, August 20, 2019 (EAT)
The Ministry of Petroleum has brushed aside questions regarding its revenue sharing agreement with its oil exploration partners among them Tullow. ...
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Why government wants to charge you for using roads
By Kepha Muiruri,
2057, February 11, 2019 (EAT)
The debate on tolls has once again lured its ugly head domestically following the announcement of a return to the heavily criticized road-levies. C...
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Africans fear new trend of hiking taxes on calls, data
By Reuters,
947, October 18, 2018 (EAT)
The brisk business Julius Kirya did from his cash transfer kiosk in the Ugandan capital has slowed right down with a new tax on mobile money. Many ...
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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...
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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...
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Tourism Fund eyes regulations for villas, holiday homes
By Sophie Kinoti,
1732, June 11, 2018 (EAT)
The Kenya Tourism Fund is pushing for the regulation of holiday homes, villas and apartments in a move geared at streamlining the sector and generatin...
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Govt lowers energy costs for manufacturers
By Citizen,
1717, May 18, 2018 (EAT)
The government has made good its promise to lower electricity costs for manufactures but with a condition. According to the ministry of energy manu...
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President Kenyatta hints at reduction of electricity tariffs
By Citizen,
1830, May 16, 2018 (EAT)
The government has hinted at possible removal of a number of tax and levies that have made the cost of electricity remain high. According to the he...
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