Nairobi, July 15 -- Kenya cut its spending on imported medicines by 23.52 percent in the first quarter of this year, marking the second consecutive year of decline, as the country accelerates its effo... Read More
Nairobi, July 15 -- The Kenya Revenue Authority (KRA) has suffered a setback after the Court of Appeal ruled that software support services supplied by a Kenyan company to its foreign affiliates, qual... Read More
Nairobi, July 15 -- The Ministry of Health's decision to halt unregulated parallel importation of medicines and health technologies marks an important step in strengthening Kenya's pharmaceutical regu... Read More
Nairobi, July 14 -- Fuel prices to remain unchanged for another month, the Energy and Petroleum Regulatory Authority has announced. Petrol will retail at Sh214.03 per litre in Nairobi, while diesel w... Read More
Nairobi, July 14 -- The National Infrastructure Fund (NIF) can perhaps best be understood through its own origin. The Fund has been seeded from the partial monetisation of two of Kenya's most successf... Read More
Nairobi, July 14 -- As efforts to strengthen supervision of digital lending continue, it is imperative to reflect on the next phase of financial inclusion. In the past year, mobile lenders disbursed o... Read More
Nairobi, July 14 -- Diamond Trust Bank (DTB) and Safaricom have been jointly held responsible for a SIM-swap fraud that saw a customer lose Sh4.4 million. A court ruled that both institutions failed i... Read More
Nairobi, July 14 -- Agricultural firm Kakuzi has lost an application seeking to block the implementation of a gazette notice directing it to cede more than 3,200 acres of its land for the settlement o... Read More
Nairobi, July 14 -- Kenya's income tax burden is increasingly shifting from salaried workers to companies, with businesses generating more government revenue as company profits rebound while the forma... Read More
Nairobi, July 14 -- When many chief executives resign despite joining rival companies, there is never a fallout, at least nothing leaks in public. The seamless handover highlights an unwritten rule in... Read More