Economy

The Kenya Revenue Authority (KRA) has moved to court accusing Keroche Breweries of failing to honor tax payment agreements which informed the reopening of the brewer in July. According to …

Kenya Power has dashed commercial banks and other third parties’ hopes of renegotiating fresh contracts to sell prepaid electricity tokens, in a decision that will restrict the lucrative deal to …

China has lifted its 5-month-long ban on wool products importation from South Africa. The ban, which began in April, was occasioned by the outbreak of foot-and-mouth disease (FMD) in three …

One in every three shillings spent by consumers, businesses, and the government in Kenya in the first six months of the year moved through mobile money, cementing the country’s position …

 Total Energies Kenya has reported a 55 per cent drop in earnings for the half year ended June 30 attributed to the high cost of crude oil globally and a …

Cashbuild, the largest retailer of building materials and associated products operating in South Africa, Namibia, Lesotho, Botswana, Swaziland, Malawi, and Zambia is closing its two underperforming stores in Zambia, over …

Sanlam Maroc, an insurance company that recently rebranded from its original name “Saham,” has indicated that it saw an 8.3% annual increase in turnover at the end of the first …

Consumers endured the sharpest rise in the cost of living in more than five years in August, amid a failed maize flour subsidy, rising fuel costs and a weakening shilling. …

The National Bank of Ethiopia (NBE) is deliberating on taking bankers’ non-performing loans (NPL) in Tigray off the banks’ balance sheets. The bank is working with the Ethiopian Bankers Association …

Motorists in Nairobi will from Friday pay parking fees using a new system developed by the county as the local government parts ways with the Kenya Revenue Authority (KRA). Director …