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New Sh10bn fuel subsidy piles cash flow pressure on marketers

Nairobi, June 15 -- A record-high subsidy on diesel products for the current monthly pricing cycle to July 14, 2026, will cost an estimated Sh10 billion, adding to the cash flow woes facing oil market... Read More


Treasury takes aim at biased debt payments

Nairobi, June 14 -- The State is betting on its Treasury Single Account (TSA) system to end the discriminatory payment of pending bills that have for years plagued contractors owed billions of shillin... Read More


KRA unlocks tax breaks for Naivasha industrial park

Nairobi, June 11 -- The Kenya Revenue Authority (KRA) has declared an industrial park owned by power producer Kenya Electricity Generating Company (KenGen) in Naivasha a customs-controlled area, unloc... Read More


Kenya Power to close counters by June 2027

Nairobi, June 8 -- Kenya Power will close its payment counters by June 2027 as the utility embraces the increased usage of digital channels by customers. The counters in Nyeri, Thika and Kisii will b... Read More