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Low profit margin firms ‘punished’ in minimum tax roll out
By Kepha Muiruri,
1821, January 5, 2021 (EAT)
High turnover but low profit margin yielding firms are expected to see the bitter end of the minimum tax effected at the start of the year. This is...
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COVID-19 fund raises Ksh.3.5 billion in donations
By Kepha Muiruri,
1708, September 28, 2020 (EAT)
The management of the COVID-19 emergency response fund has confirmed the receipt of Ksh.3.5 billion in donations from members of public and companies ...
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Beer distributors seek reprieve on planned tax hike
By Kepha Muiruri,
1121, September 12, 2020 (EAT)
Beer distributors have asked the Kenya Revenue Authority (KRA) alongside the National Treasury to reconsider the planned hike of excise duty rates. ...
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Kenya’s industry competitiveness stagnates at position 115 globally
By Kepha Muiruri,
2051, September 3, 2020 (EAT)
Kenya has failed to mark forward gains in its industry competitiveness retaining a rank of 115 out of 152 countries surveyed by the United Nations Ind...
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Kenya Private Sector Consortium supports Kenya-U.S. free trade talks
By Citizen Reporter,
1546, July 9, 2020 (EAT)
The Kenya Private Sector Consortium has voiced its support for the on-going Kenya - U.S. Free Trade negotiations. Composed of the American Chamber ...
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3 more retailers on Gov’t watch as Tuskys stays mute on buyer power abuse
By Kepha Muiruri,
956, June 19, 2020 (EAT)
The Competition Authority of Kenya (CAK) says three more retailers are under its watch for delaying payments to suppliers as it rounds off investigati...
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Kenya COVID Fund gets Ksh.3.7B in donations
By Elphas Lagat,
1807, May 23, 2020 (EAT)
The COVID-19 Emergency Response Fund Board has received donations totaling Ksh. 3.7billion. Ksh. 3.2billion was received by the committee in cash w...
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Fighting fakes: Mobile phones the most counterfeited goods in Kenya
By Dorcas Wangira,
1551, June 1, 2020 (EAT)
Kenya loses an estimated Ksh. 30billion every year in tax evasion, unlicensed goods and counterfeit, according to various studies. The country is t...
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Kenyan economy braces for impact after first coronavirus case
By Kepha Muiruri,
1009, March 14, 2020 (EAT)
The local economy is bracing for an unprecedented impact with the first case of the novel coronavirus that was reported on Friday. Economic risks h...
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Manufacturers set for further electricity billing relief in tariff adjustment
By Kepha Muiruri,
1922, February 10, 2020 (EAT)
Manufacturers and other heavy commercial power consumers are set to see further relief in their end-month billing as the Energy and Petroleum Regulato...
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Bottled water prices to increase from next week
By Kepha Muiruri,
2049, November 7, 2019 (EAT)
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...
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Landing a formal job in East Africa now a luxury, report reveals
By Kepha Muiruri,
1005, April 4, 2019 (EAT)
Getting a job placement in the formal sector in East Africa has grown to become an unattainable fete, this is according to the recently released regio...
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Illicit trade is a national disaster, KAM
By Citizen,
1331, May 22, 2018 (EAT)
Illicit trade and counterfeit goods will be the biggest impediments to Kenya achieving its economic goals. To state simply that illicit trade affec...
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What the 5pc Labour Day increase on minimum wage means
By Citizen Reporter,
2303, May 1, 2018 (EAT)
The government on Tuesday announced a five percent increase on the minimum wage for Kenyan workers. President Uhuru Kenyatta, in his Labour Day spe...
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Manufacturers to cut workforce as orders drop
By Citizen,
619, October 24, 2017 (EAT)
The prolonged electioneering period has seen the country’s manufacturers mull staff cuts as well as a drop in production to meet stalling demand for...
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Manufacturers’ plan to suspend plastic bags ban fails
By Citizen Reporter,
1115, August 26, 2017 (EAT)
The High Court has dismissed manufacturers' lobby application to suspend ban on plastic bags set to take effect on Monday. In his ruling, High Cour...
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Govt supplier task force to push for prompt payment
By Dennis Otieno,
935, October 11, 2016 (EAT)
The government has formed a supplier’s task force as it seeks to create a cordial working relationship between suppliers and retailers. This come...
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ICDC in PPP deal for industrial park in Eldoret
By Citizen,
1207, October 10, 2016 (EAT)
Industrial and Commercial Development Corporation (ICDC) has entered into a public private partnership agreement with the Uasin Gishu County Governmen...
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Kenya Power to address industrial customers’ queries on WhatsApp
By Abalon Babisho,
1533, September 7, 2016 (EAT)
Utility firm Kenya Power has developed an alternative dedicated communication channel for large power consumers in an effort of resolving their grieva...
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Gov’t cracks whip on contraband Electrical Cable importers
By Citizen,
1819, March 17, 2016 (EAT)
The Anti-Counterfeit Agency (ACA) has put contraband electrical cable importers on a notice warning of stringent penalties. ACA said far from undoi...
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