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Del Monte wins Sh270m tax battle with KRA over forex losses

Nairobi, June 15 -- Agribusiness firm Del Monte Kenya Limited has won a Sh270 million tax dispute with the Kenya Revenue Authority (KRA) over deductions linked to foreign exchange losses arising from ... Read More


Kenya plans wider ban on shisha imports, sales and advertising

Nairobi, June 15 -- The Ministry of Health has proposed new shisha control rules that would extend regulation from consumption to the entire supply chain, signalling Kenya's toughest anti-waterpipe to... Read More


State revenue deposits cross Sh3trn on tax boost

Nairobi, June 15 -- Receipts into the Consolidated Fund, which is the central repository for all government revenues, grew by 16.72 percent to cross the Sh3 trillion-mark in the first nine months of t... Read More


Questions mount as Treasury mute on corporate tax, VAT cuts pledge

Nairobi, June 15 -- The National Treasury has remained silent on earlier promised tax reforms aimed at improving equity and predictability, including cuts to value-added tax (VAT) and corporation tax.... Read More


World Bank snubs Kenya emergency loan request

Nairobi, June 15 -- Kenya will miss out on emergency financing from the World Bank sought to cushion the economy from the fallout of the Middle East conflict, with the lender instead set to consider N... Read More


Young Kenyans shun land, buy apartments

Nairobi, June 15 -- An increasing number of young Kenyan professionals are choosing to invest in apartments rather than land. The reason? Unlike land, which may remain as dead capital for years, apart... Read More


Unlocking capital for Kenyan farmers

Nairobi, June 15 -- Somewhere in Meru County, a smallholder farmer named Murimi is making a calculation he knows all too well. The long rains are here. His soil is prepped and ready. Yet, the certifie... Read More


The trouble with KRA's iTax return validation regime

Nairobi, June 15 -- As the June income tax filing season reaches its peak, many taxpayers are encountering an unexpected shift in compliance. Filing a return is increasingly becoming less about decla... Read More


Court faults giant tea firm over intrusive worker search for packet of milk

Nairobi, June 15 -- The court has faulted multinational tea producer Ekaterra Tea Kenya over what it described as a humiliating and physically intrusive search of a female employee accused of stealing... Read More


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