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Citibank rolls out program to support women owned businesses
By Citizen Reporter, 1226, March 5, 2021 (EAT)
Citibank N.A Kenya has established a Supply Chain Finance Program in support of women-owned businesses. Also Read: Women’s subpar representation ...

CitiBank , women
Mitumba not in competition with new clothes: report
By Kepha Muiruri, 1655, March 4, 2021 (EAT)
Mitumba imports are not in direct competition with new clothes including locally manufactured textiles according to a new report. According to the ...

IEA , Mitumba
EU in Ksh. 15.8B deal with Equity Bank to support Kenyan business
By Citizen Reporter, 826, March 4, 2021 (EAT)
The European Union and the European Investment Bank, working together as Team Europe, are providing €120 million (Ksh. 15.8 billion) of new support ...

coronavirus , Equity , EU
Why businesses must account for the Digital Services Tax
By Kepha Muiruri, 1003, February 23, 2021 (EAT)
By 2017, about a quarter of the world’s population or about 1.3 billion people at the time had purchased goods online. This is according to data ...

Digital Services Tax , KRA
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 ...

Kenya Revenue Authority (KRA) , National Treasury , taxes
BAT profit rises by 41pc to Ksh.5.5B on lower costs, taxes
By Kepha Muiruri, 1728, February 18, 2021 (EAT)
BAT Kenya has announced a 41 per cent growth in profit for the year ended December 31, 2020 to Ksh.5.5 billion from Ksh.3.9 billion in 2019. The hi...

BAT Kenya
CA kicks off project to avail telcom services to 17 marginalised counties
By Citizen Reporter, 849, February 12, 2021 (EAT)
The Communications Authority of Kenya (CA) has awarded contracts to five companies to roll out telecommunications cellular mobile network infrastructu...

Communications Authority of Kenya , Safaricom
Foreign investors troop back to the NSE
By Kepha Muiruri, 1529, February 2, 2021 (EAT)
Foreign investors have begun returning to Kenya’s local stock market halting portfolio exits seen largely in 2020. According to new market statis...

Foreign Investors , Nairobi Securities Exchange (NSE)
Treasury to borrow Ksh.1 trillion by June
By Kepha Muiruri, 1434, January 26, 2021 (EAT)
The National Treasury is expected to borrow Ksh.1 trillion in the current financial year ending on June 30, 2021 following upward adjustments to spend...

borrowing , fiscal deficit , National Treasury
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....

Kenya Revenue Authority (KRA) , National Treasury , taxes
KEBS to end motor vehicles inspection monopoly
By Sam Ogina, 1245, January 19, 2021 (EAT)
The Kenya Bureau of Standards (KEBS) has finally put an end to the monopoly in the controversial pre-export inspection of motor vehicles. KEBS in i...

KEBS , motor vehicle inspection
Kenya misses out on full debt service suspension slice
By Kepha Muiruri, 934, January 13, 2021 (EAT)
The government has come under scrutiny for failing to take full advantage of opportunities presented by the Debt Service Suspension Imitative (DSSI). ...

debt , Debt Service Suspension Imitative (DSSI) , Treasury
World Bank to invest Ksh.547B in 11 African countries
By Reuters, 1022, January 12, 2021 (EAT)
The World Bank on Monday said it would invest over $5 billion (Ksh.547.8billion) over the next five years to help restore degraded landscapes, improve...

World Bank
2020 review: On public debt, it’s from the frying pan towards fire
By Kepha Muiruri, 1028, December 31, 2020 (EAT)
In a nutshell, Kenya’s stock of public debt stood at Ksh.1.3 trillion a decade ago, today, this stock has climbed to Ksh.7.1 trillion as of Septembe...

2020 Year in Review , CS Ukur Yatani , National Treasury , Public debt
KRA collections declined by 22pc in November
By Kepha Muiruri, 1449, December 18, 2020 (EAT)
Kenya Revenue Authority (KRA) tax collections across the month of November have declined by 22.1 per cent to Ksh.101.4 billion. This is in contrast...

KRA , taxes
KBL unveils Ksh.330M recovery fund for bars, eateries
By Kepha Muiruri, 1016, December 18, 2020 (EAT)
Kenya Breweries Limited (KBL) has unveiled a Ksh. 330million geared at supporting the recovery of bars and eateries. Also Read: President Kenyatta ...

bars , coronavirus , eabl , KBL , Restaurants
WHO scheme risks failure, leaving poor countries with no COVID-19 vaccines until 2024
By Reuters, 1726, December 16, 2020 (EAT)
The global scheme to deliver COVID-19 vaccines to poorer countries faces a “very high” risk of failure, potentially leaving nations home to billio...

coronavirus , covax , covid-19 vaccine , moderna , Pfizer
Treasury collects a lower Ksh.18.3B from December bond sale
By Kepha Muiruri, 1450, December 10, 2020 (EAT)
The National Treasury has closed the 2020 local borrowing program on a low, tapping Ksh.18.3 from the domestic debt market. This in comparison to t...

domestic borrowing , National Treasury
Tullow meets license extension conditions
By Kepha Muiruri, 1459, December 7, 2020 (EAT)
Oil explorer Tullow has affirmed its Kenyan project license extension to December 2021 following its submission and subsequent approval of a 2021 prog...

Tullow Kenya
Relief to media houses as gov’t pledges to settle Ksh.1.5B pending advertising bills
By Allan Obiero, 1101, December 5, 2020 (EAT)
ICT Principal Secretary Jerome Ochieng now says the government has committed to settle the Ksh.1.5 billion in pending bills owed to media houses in th...

COVID-19 , Media houses , PS Jerome Ochieng