Business

Rising Onion Prices in Kenya: Poor Harvests and Reduced Imports Create Shortage

Onion prices in Kenya have surged to unprecedented levels, creating concerns over affordability and accessibility for consumers across the country.…

3 years ago

Kenya Strengthens Cyber Security Measures Amidst Rising Threats

In response to an alarming surge in cyberattacks, the Communications Authority of Kenya (CA) has escalated its efforts to protect…

3 years ago

Cyber Security Landscape in Kenya: Rapid Surge in Threats

Kenya finds itself grappling with an unprecedented surge in cyber threats. In 2018, the country recorded 7.7 million cyber-attacks, a…

3 years ago

Safaricom PLC Announces New Adjustments on Service Rates

Safaricom PLC has announced an adjustment on their services after Court of Appeal lifted the suspension of Finance bill 2023…

3 years ago

KRA Exceeds Revenue Target Amid Hospitality Sector Rebound

The Kenya Revenue Authority (KRA) has revealed that it collected Sh49.06 billion ($453 million) in customs duties in the 2022/2023…

3 years ago

KRA Faces Setback as Court Rules in Favor of Standard Chartered

The Kenya Revenue Authority (KRA) has suffered a significant setback following a ruling by the High Court stating that it…

3 years ago

Ethiopian Mobile Money Services Are Now Available Through Safaricom

The authorization to introduce Safaricom's mobile money service, M-Pesa, in Ethiopia has been given. The Safaricom M-Pesa Mobile Financial Service…

3 years ago

Judiciary And Treasury Are At odds On A Tax Dispute Deposit Plan

A Supreme Court judgment issued earlier this year prohibiting the imposition of conditions before a matter is heard conflicts with…

3 years ago

The Treasury Intends To Tax Cryptocurrency Exchanges That Serve Over 4 Million Kenyans

If new legislation are passed, Kenya would begin charging cryptocurrency exchanges for commissions received from the country's approximately four million…

3 years ago

Ruto Gathers More Debt In The First Six Months Than Uhuru

In its first six months in office, President William Ruto's administration borrowed Sh17.4 billion more than his predecessor did, upending…

3 years ago