Business

Kenya’s Sh851 Billion Debt Boom: Opportunities and Risks

Kenya’s government plans to pay Sh851.42 billion in interest on local bonds in the 2025/26 financial year. This is Sh84…

1 year ago

Shaking Things Up: Gilbey’s Gin Brings Professional Mixology to Nairobi’s Hospitality Scene

Professional mixology training came directly to Nairobi hospitality enthusiasts when Gilbey's Gin reimagined Geco Café as 'The Gin Room' for…

1 year ago

Fuel Prices Adjusted: Mixed Fortunes for Kenyan Motorists

Starting midnight on June 15, 2025, Kenyans will face new fuel prices for the next 30 days, as announced under…

1 year ago

CBK Licenses 41 More Digital Credit Providers, Total Now at 126

NAIROBI, June 5, 2025 — The Central Bank of Kenya (CBK) has announced the licensing of 41 additional Digital Credit…

1 year ago

Moses Kuria Rejects CRSP Proposal in Finance Bill 2025

Senior economic advisor to the president, Moses Kuria, has publicly rejected a contentious proposal within the Finance Bill 2025, describing…

1 year ago

Government Unveils Ambitious Reforms to Tackle Gambling Industry Issues

The government has introduced a sweeping new bill that promises to bring significant reforms to the gambling and gaming industry.…

1 year ago

5,030 Firms Challenge KRA Over VAT Blacklist Clampdown

Kenya’s tax authority, the Kenya Revenue Authority (KRA), has frozen VAT access for 5,030 businesses, alleging they are involved in…

1 year ago

BCLB Lifts Ad Suspension, Introduces Stringent Guidelines for Gambling Advertisements

The Betting Control and Licensing Board (BCLB) has lifted its 30-day suspension on gambling-related media advertisements, replacing the temporary ban…

1 year ago

World Bank Calls for Tax Reform in Kenya: A Balancing Act Between Equity and Growth

The World Bank has urged Kenya to revamp its income tax framework, proposing a new structure for Pay-As-You-Earn (PAYE) taxation.…

1 year ago

RUBiSOL Named “Deal of the Year 2024 – East Africa” at DealMakers AFRICA Awards

Solarise Africa and RUBiS Energy Kenya have announced that RUBiSOL, their joint venture focused on renewable energy solutions for Commercial…

1 year ago