Business

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Kenya Retains Lower Fuel VAT, Allocates Sh945 Million to Keep Pump Prices Stable

The government has moved to shield consumers from higher fuel costs. It has extended the 8 percent VAT on petroleum…

12 hours ago

High Court Orders Fresh Hearing in Sh18.55 Million KRA Customs Dispute

The High Court has ordered a fresh hearing in a Sh18.55 million customs dispute involving the Kenya Revenue Authority and…

12 hours ago

Google, Idris Elba Launch AI Programme to Support Nearly 100,000 African Creators

Google has partnered with British actor and entrepreneur Idris Elbau to expand access to artificial intelligence tools for Africa's creative…

2 days ago

Safaricom’s Share Incentive Plan Rewards Top Executives as Stock Value Surges

Safaricom's rising share price has significantly boosted the value of its employee share incentive programme. Senior executives received free shares…

2 days ago

Kenya’s Foreign Digital Tax Revenue Nearly Doubles After Tax Reforms

Kenya recorded a sharp increase in tax revenue from foreign digital companies in the 2025/26 financial year. Collections nearly doubled…

5 days ago

KRA Records Double-Digit Revenue Growth as Tax Collections Reach Sh2.84 Trillion

The Kenya Revenue Authority posted strong revenue growth in the 2025/26 financial year. Tax collections rose 10.6 percent to Sh2.84…

5 days ago

ATIDI Celebrates Silver Jubilee at AGM, Posts Strong Performance and Is Endorsed as Pan African Guarantee Platform

At the 26th Annual General Meeting of the African Trade & Investment Development Insurance (ATIDI), President William Ruto of Kenya…

7 days ago

CA Invites Innovators to Test Emerging Technologies Through Regulatory Sandbox

The Communications Authority of Kenya has opened applications for its Emerging Technologies Regulatory Sandbox. The initiative gives innovators a controlled…

1 week ago

New Law Gives CBK Powers to Rescue Systemically Important Banks During Financial Crises

Kenya has enacted a new law strengthening the Central Bank of Kenya's crisis response powers. The legislation allows the regulator…

1 week ago

Equity Bank Appoints Administrator to Oversee Glee Hotel Limited

Equity Bank Kenya has placed the luxury five-star Glee Hotel Limited under statutory administration following a prolonged multi-billion shilling loan…

1 week ago