Kenya Tea Exports Surge in May 2023, Recording an Eight-Year High
In May, Kenya's tea export market experienced a remarkable surge, with the average price per tonne reaching Kshs 335,407 (USD...
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Centum Investment Company Reduced Liability and Secured a Guarantee in its Coca-Cola Bottling Business Sale
Centum Investment Company experienced a further Kes 1.14 billion reduction in potential liability from the sale of its Coca-Cola bottling...
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Will the Government Back Date Taxes?
With Kenya Revenue Authority (KRA) updating its iTax portal to be in tandem with the Finance Act 2023, the main...
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Fitch Rating Agency downgraded USA Credit Rating
In a recent development that has captured the attention of global financial markets, Fitch Rating Agency, one of the "Big...
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East Africa Predicted to Lead Continent’s Economic Growth in 2023-2024, Despite Risks
According to the recently released African Development Bank 2023 East Africa Economic Outlook, East Africa is set to achieve the...
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Kenya Revenue Authority (KRA) Updates iTax Portal, Introduces New Charges Under Finance Act 2023
The Kenya Revenue Authority (KRA) has recently updated its iTax portal to align with the Finance Act. The new Pay...
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Kenya Implements Open Skies Policy to Boost Tourism; Urgent Reforms at Port of Mombasa Announced
The Kenyan government has responded to aviators’ clarion calls for an open skies policy to enhance domestic tourism activities nationwide....
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Standard Chartered Bank Partners with Leading Entities to Empower Women Entrepreneurs in Kenya
Standard Chartered Bank has teamed up with Safaricom, Jubilee, Mastercard, and KEPSA in a groundbreaking collaboration called SC WIN to...
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Kenya’s Inflation Eases to 7.3% in July 2023, Driven by Lower Food and Utility Costs
The Consumer Price Index (CPI) data for Kenya revealed a decrease in the monthly inflation rate to 7.3% in July...
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Kisumu Set to Host Kenya’s First Business Ecosystem Summit
In a landmark event for the country's business landscape, Kisumu is gearing up to host Kenya's first-ever Business Ecosystem Summit....
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