Kenya Shilling Regains Half of its Lost Value in Four Years
Consumers in the country could soon feel the relief from costly products on the back of the strengthening Kenyan shilling which ceased its tumble against the US dollar sometime back…
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Consumers in the country could soon feel the relief from costly products on the back of the strengthening Kenyan shilling which ceased its tumble against the US dollar sometime back…
In his initial 17-month run, President William Ruto borrowed comparatively more and spent less on development, setting him on a false start compared to his two immediate predecessors in the…
The Privatisation Authority has rolled out the sale of Development Bank Kenya (DBK), barely a month after the Cabinet approved the transfer of the ownership of the lender to private…
What you need to know: On paper, Henry Rotich’s new role as President William Ruto’s special advisor pales in comparison to that of his former position as the Cabinet Secretary…
The High Court has sentenced Meru County Finance Executive to three months in jail for contempt of court for failing to pay a Sh500 million debt owed by the county…
At least 1.2 million Kenyans who have consistently borrowed the Hustler Fund will benefit from a 50 per cent savings top-up from the government beginning Friday. President William Ruto who…
President William Ruto has announced the government’s commitment to revising its policies in response to the High Court’s declaration that certain provisions of the Finance Act, 2023, including the Housing…
The High Court in Nairobi on Tuesday November 28, 2023 declared the Housing Levy promulgated by President Ruto Unconstitutional. The Court pointed out that the Levy violated key provisions of…
The State Department for Interior and Citizen Services was the biggest government spender on fuel in the country during the 2022/2023 financial year. In the Controller of Budget report that…
The price of Super Petrol yesterday was increased by Sh5.72 litre, Diesel by Sh4.48 litre and Kerosene by Sh2.45 litre in this month’s review by energy regulator EPRA. This means…
The Finance Act, 2023 (“The Act”) unpacked a lot of changes to the tax laws that have impacted the taxpayers. One such introduction to The Act was the Remission of…
The Government is set to start spying on accounts held by top government officials, including the Head of State. This is according to an agreement reached in 2022 with the…
Residents in two Nyanza counties will have to dig deeper into their pockets to access various services following proposals to increase levies in Siaya and Kisii to help plug the…
Kathryne Maundu has resigned from her role as the Company Secretary of Safaricom PLC, effective 30th September 2023. Ms. Maundu has been part of the Safaricom PLC board for seven…
The Kenya Revenue Authority (KRA) has issued a public notice about an upcoming scheduled maintenance for the iTax System. The maintenance is scheduled to start on Sunday, October 1, 2023,…
Between July 2022 and June 2023 Siaya County Government has lost upward of KES 9 million to ghost workers. According to Mr Agunda Ochanda the County Executive Committee Member for…