BUSINESS

NCBA Group Managing Director John Gachora has been retained as the Kenya Bankers Association (KBA) Chairperson for the next year. Gachora has been retained alongside Rebecca Mbithi who will serve as the bankers’ lobby Vice-Chair […]

Commuters who use taxi-hailing firm, Uber will soon have an option to use the Nairobi Expressway. The passengers will have two options – to use the old road or the expressway with the toll charges […]

Digital currency Bitcoin fell below KSh 2.34 million for the first time since December 2020. Following the fall over the weekend, Bitcoin has lost 57 percent so far this year and 37 percent this month. […]

Boda boda riders in Nairobi are reaping big after the county began its five-day trial test of Green Park Bus Terminus. The riders spent much of their day ferrying passengers from the new terminus into the Central […]

The government parted with Ksh.21 billion in fuel subsidy payments to oil marketers in the month of May to nearly match taxes collected on the petroleum products in the period. This mirrors fiscal pressures resulting […]

The troubles rocking Keroche Breweries Limited are seemingly not ending soon after the Kenya Revenue Authority vowed not to reopen the company’s doors until they settle their tax arrears. The Naivasha-based brewer was shut down […]

Kune Food, the startup that sought to disrupt or innovate the ready-to-eat meals industry in the country through a cloud kitchen, has closed down its operations in Kenya barely a year after its launch. The startup […]

Officials from the Kenya Revenue Authority (KRA) will now start using wearable cameras, popularly known as body cams, in a bid to curb tax cheating and bribery, the taxman has said. KRA Commissioner General Githii Mburu […]

The International Monetary Fund (IMF) Executive Board is set to delay its approval to disburse Ksh.28.7 billion ($244 million) loan disbursement to Kenya. While the country had hoped to get the board’s nod to wire […]

The number of locally assembled vehicles has risen sharply to a record of 75.5 per cent of new automotive sales, a record high from the previous peak of 70.6 per cent witnessed in December 2021. […]