Zimbabwe’s unlicensed foreign currency traders face 10-year jail

By Linda Ngari,

Unlicensed foreign currency traders in Zimbabwe face up to 10 years in jail if convicted and lose their money and assets when new exchange control rul...

Foreign Currency , President Emmerson Mnangagwa , Virginia Mabhiza , Zimbabwe

Tech, healthcare stocks boost Wall Street after midterm results

By Reuters,

U.S. stocks rose strongly on Wednesday as investors piled into technology and healthcare sectors after midterm elections led to a divided Congress as ...

Deadly political calculations: Why India isn’t fixing its toxic smog problem

By Reuters,

As pollution levels surged to “severe” and “hazardous” levels in New Delhi this week, there was little sign that residents of India’s teemin...

India , smog

Three suspects arrested in Tana River over hiked fuel prices

By Vincent Maruga,

Detectives from the Directorate of Criminal Investigations (DCI) arrested three suspects in Tana River County following an impromptu raid. Accordin...

fuel prices

Migori matatu operators want fuel traders to reduce prices

By George Juma,

Migori matatu operators want the Energy Regulation Commission (ERC) to crack the whip on petrol stations which are yet to reduce the cost of fuel desp...

16% VAT on Fuel , Migori County , Suna West

New fuel tax pushes Kenya inflation to highest in 11 months

By Reuters,

Kenya inflation rose to its highest rate in nearly a year in September, the statistics office said on Friday, reflecting the impact of a new value add...

Finance Bill 2018. , fuel tax , Kenya inflation

Maize, wheat flour prices to remain the same, millers say

By Charity Wanja,

Maize and wheat flour shelf prices will remain the same despite the recent fuel levy hike, the Cereal Millers Association Chairman Mohamed Islam has s...

maize flour prices

MPs blame Kenyans for the increased tax

By George Juma,

Nyatike member of parliament Hon.Tom Odege and Suna West counterpart, Hon. Peter Masara have lashed out at Kenyans saying they should stop blaming Me...

8% vat , Nyatike MP , Suna West MP

Petrol prices drop by Ksh.9, Kerosene up Ksh.10 as new VAT takes effect

By Rachel Ombaka,

The Energy Regulatory Commission (ERC) has lowered the price of petrol following the enactment of the new petroleum Value Added Tax at 8 percent from ...

ERC Director General Pavel Robert Oimeke , fuel prices , Uhuru kenyatta , VAT

KUTUNY: How MPs adopted Finance Bill 2018 was daylight robbery

By Citizen,

What transpired today (Thursday) in parliament regarding the way President Uhuru Kenyatta's memorandum on Finance Bill 2018 was adopted is a fallacy. ...

Raila, Kalonzo back Uhuru on reduction of fuel V.A.T

By Ian Omondi,

Opposition leaders Raila Odinga and Kalonzo Musyoka have lauded the move by President Uhuru Kenyatta to slash the Value Added Tax (V.A.T) by half sayi...

Fuel V.A.T , kalonzo musyoka , President Uhuru Kenyatta , raila odinga

Petrol prices down in new ERC review

By Citizen Reporter,

The price of super petrol has dropped by Ksh.2.21 in the latest review announced by the Energy Regulatory Commission (ERC) on Friday. However, the ...

16% VAT , ERC , petrol , President Uhuru Kenyatta

President Uhuru Kenyatta proposes fuel tax reduction to 8pc

By Rachel Ombaka,

President Uhuru Kenyatta on Friday proposed that the 16percent fuel tax be reduced by half. During his much anticipated address to the nation, the ...

fuel tax , Uhuru kenyatta

Parliament to hold special sitting after Uhuru rejects Finance Bill 2018

By Reuters,

Parliament will now hold a special sitting on on September 18 over the Finance Bill that the President rejected on Thursday evening. Officials at p...

fuel tax

President Uhuru Kenyatta to address the nation over 16pc fuel tax

By Rachel Ombaka,

President Uhuru Kenyatta is expected to address the nation on Friday over the controversial 16percent fuel tax that was recently implemented. In a ...

fuel tax

All eyes on Uhuru as Speaker Muturi forwards Finance Bill 2018

By Benjamin Muriuki,

National Assembly Speaker Justin Muturi has delivered the controversial Finance Bill 2018 to President Uhuru Kenyatta for consideration. State Hous...

fuel tax , President Uhuru Kenyatta , VAT

Opinion: Kenya’s sky-high fuel prices will plunge country into financial crisis

By Citizen Reporter,

By Desmond Boi Kenya’s economic architects seem to have unreservedly resolved to leave the economy hanging in the balance by imposing the now inf...

16% VAT , fuel prices

Fuel tax: Uhuru to meet CS Rotich, Speaker Muturi at State House

By Citizen Reporter,

President Uhuru Kenyatta is expected to meet Treasury Cabinet Secretary Henry Rotich and Parliament Leadership on Tuesday over the 16percent fuel tax....

fuel tax , Henry Rotich , Uhuru kenyatta

Fuel shortage: Heavy police presence at Industrial Area depot

By Citizen Reporter,

There was heavy police presence at the Industrial Area fuel depot in Nairobi as tankers queued to stem the fuel shortage on Thursday morning. This ...

fuel shortage

Fuel shortage bites as Gov’t warns dealers against protest over 16pc VAT

By Francis Gachuri,

Fuel shortage is being experienced in several parts of the country even as the Government warns dealers against trying to sabotage operations. Also...

Finance Bill 2018. , fuel tax