African consumers hit as Asia gobbles up rice supplies

By Reuters,

Tightening global supplies of basic foodstuffs and disruptions to shipping caused by the coronavirus pandemic are driving up the cost of rice, the mos...

coronavirus , Rice

Only RHD cars registered January 1, 2014 or later to be allowed: KEBS

By Citizen Reporter,

Only RHD cars (right-hand drive) whose year of first registration is from January 1, 2014 and later shall be allowed into Kenya effective January 1, 2...

KEBS , second hand cars

Kenya shilling slips past 110 mark

By Kepha Muiruri,

The Kenya shilling slipped past another crucial confidence marker on Friday as it breached the Ksh.110 mark in its valuation against the US dollar. ...

CBK , dollar , shilling

Revealed: Tax evasion scheme costing Kenya millions of shillings daily at Namanga border

By Sam Ogina,

The country is losing millions of shillings daily in a tax evasion scheme between Kenya Revenue Authority (KRA) employees and crafty importers. Imp...

KRA , Namanga border

‘Black gold’: How global demand for hair products is linked to forced labor in Chinese camps

By CNN,

For the past decade, Mikayla Lowe Davis has been braiding and styling hair for her customers. “The first thing people see a lot of times is our h...

braids , hair , synthetic hair , weaves

No importation or exportation of alcoholic drinks without NACADA approval

By Citizen Reporter,

The National Authority for the Campaign Against Alcohol and Drug Abuse (NACADA) will now be licensing importation and exportation of all alcoholic dri...

bars , NACADA

CBK dollar reserves fall as Kenya shilling swings back against U.S. currency

By Kepha Muiruri,

The Central Bank Kenya (CBK) dollar reserves declined by Ksh.8 billion in the week as the shilling swung back against the U.S. dollar from a historica...

CBK , Kenya Shilling

Kenya shilling falls to a new record low

By Kepha Muiruri,

The Kenya shilling touched a new low in Wednesday’s trading session against the U.S. dollar as the local unit now sees new bouts of volatility. T...

Central Bank of Kenya (CBK) , COVID-19 , shilling

Petrol, Diesel prices rise further as kerosene spikes by Ksh.18.20

By Kepha Muiruri,

Motorists are set for higher costs at the pump as fuel costs for all three petroleum commodities pick-up in the latest maximum-pump price review. P...

Energy and Petroleum Regulatory Authority (EPRA) , fuel costs , Inflation

How government milked price controls to slap Kenyans with high fuel costs

By Kepha Muiruri,

In 2011, the government moved to enforce price controls by effecting maximum pump prices through the then Energy Regulatory Commission (ERC). The e...

Energy and Petroleum Regulatory Authority (EPRA) , fuel costs , National Treasury , taxes

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