Nairobi, June 10 -- National Treasury Cabinet Secretary John Mbadi faces a new dilemma in funding the Sh4.8 trillion 2026/27 budget in the wake of a shaky revenue base because of the negative impact o... Read More
Nairobi, June 10 -- Simba Corp's Associated Vehicle Assemblers (AVA) will invest Sh1 billion in a dedicated electric-vehicle assembly line at its Mombasa plant, as it positions itself to tap growing d... Read More
Nairobi, June 10 -- Kenya is heading into a new financial year from next month with a budget deficit of Sh1.1 trillion, exposing the persistent gap between what the government collects in revenue and ... Read More
Nairobi, June 10 -- The Kenya Revenue Authority (KRA) will soon crack down on employers who have evaded remitting more than Sh100 billion in employees' deductions from the Affordable Housing Levy. Th... Read More
Nairobi, June 9 -- The regional auction in Mombasa has recorded its highest volume of unsold tea this year, a development industry players have linked to a newly introduced export levy and persistent ... Read More
Nairobi, June 9 -- Companies with loan facilities pegged on Treasury bills are facing higher financing costs as interest rates on the securities continue to go up in weekly auctions. Banks often pric... Read More
Nairobi, June 9 -- Utility company Kenya Power is expected to cancel out losses from the end of its monopoly in electricity sales with the lease of its infrastructure as analysts see a structural shif... Read More
Nairobi, June 9 -- WPP Scangroup founder and former CEO Bharat Thakrar failed in his bid to oust the firm's board in a vote at the annual general meeting, as the majority shareholder was unable to sec... Read More
Nairobi, June 9 -- South Africa's Vodacom will determine Safaricom's next CEO if it acquires a majority stake in the telecom by purchasing the Kenyan Government's 15 percent stake, under an agreement ... Read More
Nairobi, June 9 -- Physiotherapy is increasingly emerging as one of the most popular courses among Kenyan university students, reflecting a shift in career interests and a growing awareness of rehabil... Read More