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June inflation falls to 4.59 percent on low food costs
By Kepha Muiruri,
1843, June 30, 2020 (EAT)
Consumers have marked an extended relief to the pricing of common goods as the rate of inflation falls to 4.59 percent in June from an adjusted 5.33 p...
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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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How businesses in East Africa can emerge stronger from COVID-19 pandemic – Report
By Citizen Reporter,
928, June 24, 2020 (EAT)
Governments in the East African region are being advised to come up with additional measures including incentives to enable businesses capitalize on o...
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Oil marketers in Kenya under fire over hoarding fuel stocks in anticipation of price increase
By Kepha Muiruri,
1444, June 10, 2020 (EAT)
Oil Marketing companies (OMCs) are once again on the spot as they now hold back stocks of fuel in anticipation of a price increase in the next maximum...
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Local businesses sacrifice profit margins, cut more jobs in May
By Kepha Muiruri,
829, June 5, 2020 (EAT)
Domestic businesses put their profit margins on the line to hold on to existing customers as the Covid-19 pandemic continued to weigh hard on local en...
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Beer prices set to rise as Treasury slashes tax relief on locally sourced raw materials
By Kepha Muiruri,
1419, June 2, 2020 (EAT)
The National Treasury has slashed the remission of excise duty with respect to beer made from sorghum, millet, cassava or any other agricultural produ...
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Kenya inflation cools to 5.47 percent in May- KNBS
By Kepha Muiruri,
1149, May 30, 2020 (EAT)
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...
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Used vehicle dealers oppose KRA’s new pricing regime
By Kepha Muiruri,
1546, May 25, 2020 (EAT)
Used vehicle dealers have opposed the Kenya Revenue Authority (KRA) draft current retail selling prices for imported motor vehicles terming the new da...
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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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Oil marketers conspire to raise fuel prices as Kenyans brace for tough times ahead
By Kepha Muiruri,
1611, May 12, 2020 (EAT)
Oil marketers have made an attempt to manoeuvre existing marketing rules to retain higher fuel costs to Kenyans this month, denying relief to consumer...
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Higher food, transport costs pushes April inflation to 5.62 percent
By Kepha Muiruri,
1632, April 30, 2020 (EAT)
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...
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Twiga & Jumia ink deal to cut price of fresh produce by 50%
By Citizen Reporter,
1634, April 23, 2020 (EAT)
Twiga Foods has signed a distribution deal with Jumia to deliver fresh and processed food to the homes of consumers. Also Read: Mercy Wanjau, Peter...
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Relief for Kenyans as petrol price drops by Ksh.18, lowest since 2017
By Kepha Muiruri,
1521, April 14, 2020 (EAT)
Kenyans will see an all rounded relief in the costs of fuel as the Energy and Petroleum Regulatory Authority (EPRA) institutes’ massive cuts on pric...
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Jumia donates 100,000 masks to support coronavirus fight in Kenya
By Citizen Reporter,
1714, April 9, 2020 (EAT)
Leading e-Commerce platform Jumia has donated 100,000 masks to the Ministry of Health to support community health workers, who are on the front line r...
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Shilling drops to lowest level since September 2015
By Kepha Muiruri,
2202, March 19, 2020 (EAT)
The Kenya shilling dropped to its lowest level in valuation against the US dollar crossing the Ksh.105 mark on Thursday for the first time since Septe...
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Kenyans spreading false information on coronavirus to be arrested
By PSCU,
1701, March 19, 2020 (EAT)
The Cabinet has issued a warning to people spreading fake news on the coronavirus situation Kenya saying those found culpable will be dealt with in ac...
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President Uhuru sounds warning to traders hiking prices over the coronavirus
By Tonny Ndungu,
1209, March 18, 2020 (EAT)
President Uhuru Kenyatta has warned Kenyan businesses planning to take advantage of the coronavirus epidemic to reap profits. President Uhuru was s...
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Coronavirus: Pwani Oil announces 5 per cent reduction in soap, cooking oil prices
By Ian Omondi,
1049, March 17, 2020 (EAT)
Manufacturer Pwani Oil has reduced the prices of some of its edible oil and soap products so as to encourage consumers to take protective measures aga...
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Cleanshelf supermarkets ordered to refund customers for hiking price of hand sanitizers
By Benjamin Muriuki,
1720, March 16, 2020 (EAT)
Cleanshelf Supermarkets is on the spot after it emerged that the retailer hiked the price of hand sanizers on Sunday in the wake of the coronavirus ou...
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Coronavirus: Kenyans urged to report retailers who hike product prices
By Tonny Ndungu,
1636, March 13, 2020 (EAT)
The Government has warned manufacturers and retailers against hiking prices of commodities in the wake of Kenya announcing its first coronavirus case....
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