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Electric bikes project rolled out in Nairobi’s Karura forest
By Citizen Reporter,
1722, March 2, 2021 (EAT)
49 motorcycles made little noise but raised much interest in Nairobi’s Karura Forest on Tuesday morning, as the UN Environment Programme (UNEP) laun...
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Tech investors eye Africa’s education and financial sectors
By Reuters,
937, January 13, 2021 (EAT)
Africa’s education and financial services sectors offer the best opportunities in the post-COVID-19 period, two tech investors said on Tuesday. A...
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Low profit margin firms ‘punished’ in minimum tax roll out
By Kepha Muiruri,
1821, January 5, 2021 (EAT)
High turnover but low profit margin yielding firms are expected to see the bitter end of the minimum tax effected at the start of the year. This is...
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COTU: It is insensitive of Gov’t to introduce punitive tax measures
By Citizen Reporter,
523, January 1, 2021 (EAT)
The Central Organisation of Trade Unions (COTU) has lambasted the Government for ending tax relief measures that cushioned salaried workers in the wak...
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Treasury eyes Ksh.75 billion from the local debt market in January
By Kepha Muiruri,
1242, December 23, 2020 (EAT)
The National Treasury has set its sights on tapping Ksh.75 billion from the local debt market in January 2021. The Central Bank of Kenya (CBK) whic...
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EABC urges East Africa partner states to market region as single investment destination
By Citizen Reporter,
1014, December 9, 2020 (EAT)
The East African Business Council (EABC) is urging East Africa Partner States to harmonise investment incentives and market East Africa as a single in...
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OPINION: Private energy generators hold the key to cheaper electricity in Kenya
By Guest Writer,
1237, December 7, 2020 (EAT)
By Jeremy Gitonga The raging debate on why more Kenyans are embracing alternative energy sources to escape the Kenya Power Limited high tariffs is ...
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US federal agency pays record Ksh.12 billion to whistleblower
By CNN,
1049, October 24, 2020 (EAT)
Someone just scored a $114 million payday -- without playing the lottery or stepping into a casino. Instead, the check was signed by Uncle Sam. The...
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Singapore will pay citizens to have a baby during the pandemic
By CNN,
1055, October 7, 2020 (EAT)
Singapore will offer a one-time payment to aspiring parents during the coronavirus pandemic. The country's deputy prime minister said the incentive...
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UK sports bodies ask government for emergency aid
By Reuters,
1110, September 22, 2020 (EAT)
A coalition of over 100 sports bodies, including the Premier League and Football Association, have asked British Prime Minister Boris Johnson for emer...
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KRA August tax collections down 18pc at Ksh.93.5 billion
By Kepha Muiruri,
1753, September 18, 2020 (EAT)
The Kenya Revenue Authority (KRA) tax collections through the month of August fell by 17.9 per cent from a similar period last year to Ksh.93.5 billio...
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Blow to KRA as tax revenue falls by 12 percent in July
By Kepha Muiruri,
1100, August 22, 2020 (EAT)
Tax collected in the first month of the 2020/21 financial year declined by 12.1 percent to Ksh.94.5 billion from Ksh.107.5 billion last year. Accor...
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Revenue collection by ministries falls, Treasury misses the mark again
By Kepha Muiruri,
1712, August 19, 2020 (EAT)
Revenue collection by ministries/appropriations in aid (A-i-A) fell by Ksh.13.9 billion in the financial year ended June 30 to Ksh.160.2 billion as th...
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Capital Markets Authority seeks reversal of lost incentives to boost market activity
By Kepha Muiruri,
1055, August 13, 2020 (EAT)
The Capital Markets Authority (CMA) says it is seeking the reversal of lost incentives to boost market activity in its push for a post COVID-19 recove...
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Government waives airline landing fees in industry turn-around boost
By Kepha Muiruri,
1102, June 23, 2020 (EAT)
The government has lifted landing fees charged to airlines as part of incentives to support the industry’s turnaround as it emerges from depths of C...
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DIAZ: 2020/2021 Kenya budget a short in the arm for local industry in advent of COVID-19
By Guest Writer,
1538, June 13, 2020 (EAT)
In spite of having featured as one of the four thematic development pillars for Kenya over the medium, manufacturing has been seen by many observers t...
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OPINION – Fuel marking and monitoring: A great achievement in tackling fuel adulteration and dumping
By Citizen Reporter,
1505, July 3, 2020 (EAT)
By Pavel Oimeke Have you had the unfortunate experience of visiting a fuel station to fill your tank and had to make a costly visit to the garage s...
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Tax cheats granted 3-year grace period to declare correct taxes
By Philip Mwaniki,
1826, June 11, 2020 (EAT)
Tax cheats have been granted a three-year grace period to disclose correct declarations and pay without facing any penalties, Treasury CS Ukur Yatani ...
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Treasury sees 2020 economic growth at its slowest since 2008 post-election violence
By Kepha Muiruri,
1542, April 28, 2020 (EAT)
The National Treasury has revised its 2020 economic growth estimate to a range of 1.8 percent to 2.5 percent. The expected decline in growth is att...
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Treasury to lose Ksh.128B in revenue following Covid-19 tax relief measures
By Kepha Muiruri,
1225, April 27, 2020 (EAT)
The National Treasury will miss out on most of the Ksh.127.8 billion in intended savings from the 2020, Tax Laws (Ammendments) Bill after Parliament...
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