Manufacturing and other local companies that rely on the dollar to import essential raw materials and inputs are at risk due to the continuous dollar scarcity....
The Central Bank of Kenya (CBK) is confident that the current high cost of living will ease by March. Speaking at the World Economic Forum in...
As farmers scramble to sell their crops before the beginning of the import window next month, traders and consumers are starting to emerge as the main...
In order to reduce misuse, Auditor General Nancy Gathungu has advised the National Treasury to close tax gaps in government ministries. According to Gathungu, some departments...
Digitalisation and technological achievements in Africa over the last decade have accelerated the inevitable processes in fintech, completely changing its landscape. But, what are the key...
Many businesses are projecting their revenues to remain steady this year with growth expected in the second half. In a recent study by online marketplace Airduka,...
The High Court has ordered Safaricom and the central bank to halt the re-introduction of charges on transactions made between mobile money wallets and lenders pending the...
The previous mode, where the service was only available for payments, users of Safaricom’s overdraft program Fuliza can now withdraw cash directly from M-Pesa agent businesses....
The taxman projects that the recent increases in excise duty as a result of inflation adjustments will net an additional Ksh3 billion in revenues, even as...
The Kenya Shilling has continued to fall against the US dollar, approaching the 121 level on Thursday, potentially resulting in substantially higher living costs. The shilling...