KRA effects higher excise rates, signals greater fuel, alcohol prices

By Kepha Muiruri,

The Kenya Revenue Authority (KRA) adjusted its effective excise duty rate by five percent, signalling higher costs for excisable goods which largely f...

excise duty , Kenya Revenue Authority (KRA)

Kenya’s 1.5% digital services tax for Netflix, Uber to take effect in January

By Kepha Muiruri,

The operation of the 1.5 percent digital services tax levied on gross sales by online businesses such as Netflix and Uber is set to take effect early ...

Finance Act 2020 , Netflix , online businesses , uber

MPs shoot down taxes on pensions, cooking gas in Finance Bill adoption

By Kepha Muiruri,

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...

2020 Finance Bill , National Treasury , taxes

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

CBK: Shilling has largely been undervalued

By Kepha Muiruri,

The Central Bank of Kenya (CBK) has reignited its tiff with the International Monetary Fund (IMF) by disapproving the institution’s stance of the sh...

Central Bank of Kenya (CBK) , IMF , Kenyan shiiling

Qatar promises accessible alcohol for World Cup visitors

By Reuters,

Qatar wants to make alcohol accessible for visiting fans when it hosts the 2022 World Cup and will use cruise ships to ensure it can accommodate an ex...

2022 World Cup , Qatar , World cup

Heineken ordered to pay Kenyan distributor Ksh.1.7B in damages

By Dzuya Walter,

Heineken East Africa Import Company Limited has suffered a blow after the High Court in Nairobi on Tuesday directed the brewer to pay Maxam Limited ov...

Heineken , high court , Justice James Makau , Maxam Limited

Kenya’s economic growth up by 6.3%

By Kepha Muiruri,

Kenya’s Gross Domestic Product (GDP) expanded by 6.3 percent across 2018 as the country’s key economic segments recovered from their depressed sta...

agriculture in Kenya , Kenya's GDP growth rate , KNBS 2019 economic survey , National Treasury

Berlin: The city where anything goes

By CNN,

Burlesque dancer Anja Pavlova unhooks her spangled brassiere, tosses it aside and turns to face the cheering crowd. In the steaming hot Hoochie Koo ...

Berlin

Tariffs tapping into U.S craft beer industry

By VOA,

When Dan Katt opened Good City Brewing in Milwaukee, Wisconsin in 2016 – a presidential election year - a trade war between the Trump administration...

Dan Katt , Good City Brewing , President Donald Trump , TRUMP ADMINISTRATION

Rwanda’s Bralirwa to start brewing Heineken beer locally

By Reuters,

Rwanda’s biggest brewer, Bralirwa Ltd, will start making Heineken beer locally next month in a move that will allow it to cut retail prices by a fif...

Bralirwa Ltd , Heineken beer , Rwanda

Steep alcohol taxes drive Turkey’s drinkers to home-brew

By Reuters,

Carefully testing the temperature of a bucket of fermenting beer, Onder Ceyhan pushes back the foam to add a touch of yeast to his latest batch of hom...

Five key Champs League duels as local fans await final

By AFP,

Real Madrid face Juventus in Saturday's Champions League final in Cardiff aiming to become the first side ever to retain the trophy in its current for...

football , Juventus , Real Madrid , UEFA Champions League

East African Breweries says tax-induced drop in beer demand only temporary

By Reuters,

East African Breweries Ltd (EABL), controlled by Britain's Diageo, blamed a jump in Kenyan tax on beer for its flat sales in the six months to Dec. 31...

EABL in talks with retailers over pricing

By Beatrice Eghwa,

East African Breweries Limited (EABL) has hit out on its retailers following revelations that they have been selling mainstream products at prices abo...

eabl , pricing , recommended retail price , retailers

Global brewers push local beers to quench African palates

By Joy Chelagat,

International brewers in Africa are expanding their production of beers based on local ingredients, snapping up craft brewers and introducing more bra...

EABL explains hike in price of beer

By Michael Karanja,

East African Breweries Limited (EABL) is in talks with retailers over arbitrary increases in the price of products. Following the introduction of e...

Beer , eabl , east african breweries limited , Tusker