According to a new survey, more than 90% of Kenyans oppose the Finance Bill, 2023, which contains the government’s taxation plan for the fiscal year beginning...
Amid concerns about money laundering, Kenyans living and working abroad are increasingly choosing traditional, less expensive money transfer methods like “hawala” instead of banks when sending...
The World Bank has warned that the proposed tax changes in the Finance Bill 2023 will have a negative impact on households’ ability to make purchases...
In an effort to increase their already slim profit margins, oil marketers have petitioned Parliament to be exempt from the two percent withholding tax on their...
To stabilize their deteriorating cash flow, oil marketers have proposed to the Treasury turning billions of shillings in fuel subsidy arrears into an interest-earning debt instrument...
African leaders have been urged by President William Ruto to join a pan-African payments system to ease trade within the continent as a first step toward...
A 400-gram loaf of bread now costs Sh10 more due to rising sugar and oil prices. A spot check by one daily at various retail stores showed...
Due to the rising cost of borrowing brought on by the Central Bank’s tightening of monetary policy and the high rate of inflation, Kenyans have less...
Ken Petrogas Limited intends to diversify its revenue streams by constructing a Sh1 billion Liquefied Petroleum Gas (LPG) and natural gas terminal as well as a...
Bank bad loans grew for the first time in four months in October last year underlining the effects of the economic slowdown on businesses. Fresh data...