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KRA losses fight over tax group of cake additive

Nairobi, Sept. 10 -- The Tax Appeals Tribunal has faulted the Kenya Revenue Authority (KRA) for classifying a cake-making additive imported by a local company, Palsgaard Kenya Ltd, without laboratory ... Read More


Court clears NBK takeover of leather firm over Sh733m debt

Nairobi, Sept. 9 -- The High Court has cleared National Bank of Kenya (NBK) to take control of leather manufacturer Zingo Investments' business and assets in a long-running $5.6 million (Sh733 million... Read More


Kenya reviews market entry for diabetes drug, Mounjaro

Nairobi, Sept. 9 -- The Pharmacy and Poisons Board (PPB) has begun reviewing an application to register Mounjaro, a booming once-weekly injectable diabetes drug, for use in Kenya. The application was... Read More


Uber bullish on Kenya after leaving from Uganda, Tanzania

Nairobi, Sept. 9 -- Uber says it sees "strong potential" in Kenya despite high operating and rising fuel costs in its only remaining East African market after exiting Uganda and Tanzania. The America... Read More


State eyes Sh60bn in second bond sale in September

Nairobi, Sept. 9 -- The Central Bank of Kenya (CBK) is back in the market with a Sh60 billion Treasury bond sale as the government keeps up its rapid rate of domestic borrowing early in the fiscal yea... Read More


Kemri gets tax exemption on Sh3bn Japan research grant

Nairobi, Sept. 9 -- The National Assembly has approved tax exemptions on a Sh3 billion Japanese-funded research programme at the Kenya Medical Research Institute (Kemri). The MPs approved the recomme... Read More


Eritreans, Burundians fastest-growing population of refugees

Nairobi, Sept. 9 -- Kenya's refugee and asylum-seeker population hit a record 857,065, with Eritreans and Burundians recording some of the fastest growth over the past decade as the country increasing... Read More


Eyes on road quality as maintenance tax haul hits record Sh135bn

Nairobi, Sept. 9 -- Collections through the Roads Maintenance Levy (RML) increased by an estimated Sh15 billion in the year ended June 2026, turning focus to whether the extra billions will translate ... Read More


Tata Chemicals case: Shifting landscape for foreign capital

Nairobi, Sept. 9 -- President William Ruto ordered Tata Chemicals, soda ash producer, to cease operations after 114 years of operation. This came a month after the Mining CS suspended its licence. A ... Read More


National Infrastructure Fund bets on a builder

Nairobi, Sept. 9 -- Dr James Mworia takes charge of a fund that cannot borrow, must earn its way, and has ten years to prove that Kenya can finance its future without mortgaging it. The Board of the ... Read More