Government will have a Tough Time Achieving its Projected Excise Duty Target
The main sources of revenue to the government are Income Tax, Value Added Tax (VAT), and Excise duty, which account...
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FarmWorks Secures USD 4.1M in Pre-Series A Funding for Agricultural Technology Advancement
Kenyan agricultural technology startup, FarmWorks, has successfully raised USD 4.1 million in pre-Series A funding, showcasing the growing interest and...
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Salary Shock as New NSSF Deductions Affect Hundreds of Thousands of Government Workers in Kenya
Many public servants, including teachers under the Teachers Service Commission (TSC) payroll, experienced a salary shock on Wednesday as new...
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The Retail Industry in Kenya has shifted towards Convenience Stores and Mixed-Use Concepts from the Traditional Shopping Malls
Over the past decade, Kenya's retail real estate industry has undergone significant changes, influenced by various factors such as technological...
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Savannah Cement Creditors asked by the Appointed Administrator to File their Claims
Creditors are now afforded the opportunity to lodge claims against Savannah Cement, which is presently under administration due to unpaid...
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Exploring New Frontiers: The Implications of Putin Hosting African Leaders in Russia
In a bold move to strengthen Russia's engagement with the African continent, President Vladimir Putin is hosting a high-profile two-day...
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Collaboration Between KEPFIC and FMA: Pursuing Diverse Investment Opportunities for Kenyan Pension Schemes
In a significant move, the Kenya Pension Funds Investment Consortium (KEPFIC) and the Fund Managers Association (FMA) have joined hands...
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Kenya’s Foreign Direct Investment Struggles Despite Regional Growth; Government Aims to Reverse the Trend
In the first quarter of this year, Kenya experienced a decrease in foreign direct investments (FDI), losing USD 67 million...
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Tanzania’s Inflation Rate drops to 3.6% in June
Tanzania's inflation rate took a significant dip in June, dropping to 3.6% from the 4.0% recorded in May, as revealed...
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Introduction of Central Bank Amendment Bill that Proposes Shariah Advisory Council in Central Bank
The Central Bank of Kenya (CBK) may soon implement a transformative measure if the Central Bank (Amendment) Bill, 2023, proposed...
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