Used vehicle dealers oppose KRA’s new pricing regime

By Kepha Muiruri,

Used vehicle dealers have opposed the Kenya Revenue Authority (KRA) draft current retail selling prices for imported motor vehicles terming the new da...

Car Importers Association of Kenya , Kenya Revenue Authority (KRA)

Importers protest halt in motor vehicle deliveries

By Kepha Muiruri,

Motor vehicle importers have lobbied for the reclassification of the units as essential goods in protest to a halt on delivery to owners. In a lett...

Kenya International Freight and Warehousing Association (KIFWA)

KRA orders mandatory COVID-19 screening for cargo truck drivers at border points

By Citizen Reporter,

The Kenya Revenue Authority has directed that all cargo truck drivers and their crew undergo mandatory screening for coronavirus at border points. ...

coronavirus , kenyan truck drivers

CBK sanctions Absa Bank for irregular forex trading

By Kepha Muiruri,

The Central Bank of Kenya (CBK) has flagged Absa Bank Kenya for irregular foreign exchange trades conducted in March. According to the reserve bank...

KEBS bans importation of ‘mitumba’ indefinitely

By Tonny Ndungu,

The Kenya Bureau of Standards (KEBS) has banned the importation of second-hand clothes and shoes-otherwise know as "mitumba"- until further notice. ...

KEBS bans importation of mitumba

Panic buying, lockdowns may drive world food inflation – FAO

By Reuters,

Lockdowns and panic food buying due to the coronavirus pandemic could ignite world food inflation even though there are ample supplies of staple grain...

coronavirus , FAO , Inflation

Shilling drops to lowest level in five months over coronavirus fears

By Kepha Muiruri,

The Kenya shilling touched a five-month low in its trading against the US dollar on Tuesday as concerns on the impact of the coronavirus outbreak cont...

Central Bank of Kenya (CBK) , coronavirus , shilling

BWIRE: Digital solutions to tame covid-19

By Victor Bwire,

By Victor Bwire With the 3rd case of a positive case of coronavirus in Kenya announced by the President, and a raft of measures put in place to dea...

cornavirus , COVID-19

Shock as oil prices drop to levels last seen in 1991

By Kepha Muiruri,

Global oil prices tumbled to a near three decade low in overnight trading on Sunday in the aftermath of a fall out between major world crude producers...

EPRA , IEA , Oil , OPEC

High Court allows KRA to collect over Ksh.2B in tax appeal case

By Rene Oswere,

A Nairobi High Court has allowed Kenya Revenue Authority to collect Withholding Tax from shipping lines on container demurrage charges. The Withhol...

KRA

Uhuru to launch SGR cargo operations to Naivasha amid viability concerns

By Kepha Muiruri,

President Uhuru Kenyatta is expected to launch freight services on the recently launched Nairobi-Suswa Standard Gauge Railway (SGR) line on Tuesday to...

Ministry of Transport , President Uhuru Kenyatta , SGR

RIP China Colonisation: Traders in weekly protests over orders to use SGR

By Paul Ombati,

Business traders who import goods have decried being forced to use the Standard Gauge Railway to transport their goods. According to them, the SGR ...

SGR

Lexus car imported as Mercedes: Hesbon Otieno case unravels

By Citizen Reporter,

Detectives have recovered a Lexus car that Hesbon Otieno, one of the suspects in an online fraud case, allegedly used to defraud an unsuspecting victi...

Hesbon Otieno , lexus , Mercedes , Online fraud

Kenyan-made baby painkiller Totomol recalled in Rwanda

By Wangui Ngechu,

Totomol, a painkiller made in Kenya for babies, has been recalled from the Rwandan market. A statement from the Rwandan Food and Drug Authority (FD...

totomol

Four arrested for defrauding JKUAT lecturer Ksh.567K

By Duncan Mutwiri,

Detectives from the Directorate of Criminal Investigations (DCI) in Mombasa on Tuesday arrested four suspects for allegedly defrauding a Jomo Kenyatta...

DCI , fraud , Mombasa , Online fraud

FBI busts Chinese ring importing fake iPhones, iPads worth Ksh.600M

By Paul Ombati,

The Federal Bureau of Investigation has revealed a counterfeit ring involved in shipping fake iPhones and iPads across the world. The investigation...

ipads , iphones

President Uhuru Kenyatta to launch Nairobi-Suswa SGR line that Chinese Gov’t stopped funding

By Citizen Reporter,

President Uhuru Kenyatta is expected to launch the Nairobi-Suswa train service on Wednesday. He will commission the Standard Gauge Railway (SGR) Ph...

SGR Phase 2A , suswa train

Loose cash flows wipe off Shilling recent gains

By Kepha Muiruri,

The Kenyan shilling closed at Ksh.103.85 against the US dollar in the week to September 6 to edge back closer to a five average low 104.30 reached at ...

Central Bank of Kenya (CBK) , demonetization , Kenya Shilling

Nigeria’s president moves to stop funding for food imports

By CNN,

Nigeria's President Muhammadu Buhari has instructed the country's central bank to stop providing foreign currency for food imports, according to a sta...

Africa Continental Free Trade Agreement (ACFTA). , Nigeria , President Muhammadu Buhari

Transport CS Macharia defends new SGR cargo directive

By Edwin Obuya,

Transport Cabinet Secretary James Macharia on Thursday defended the government's order that all cargo be ferried from Mombasa to Nairobi through the S...

James Macharia , SGR