Oil marketers have declined to lower cooking gas prices four months after halving Value Added Tax (VAT) to eight percent, denying consumers accruing benefits. The 13-kilogramme cylinder is retailing at …
A two-kilo of sugar has risen by Sh 12 at a time when the country is facing a 34 per cent decline in cane production. In leading retail stores such …
Airtel Kenya has completed the process of separating its mobile money business from the telecommunications arm, with the new entity now operating as Airtel Money Kenya Ltd (AMKL). “The completion …
The Nairobi Securities Exchange (NSE) has petitioned the Capital Markets Authority (CMA) to amend regulations that impose term limits for its CEO and allow the bourse to extend the tenure …
Kenyan households can now breathe a sigh of relief as prices of cooking gas drop by over Sh100. A spot-check by Capital Business showed that a six-kilogram cylinder price of Rubis Energy …
The Kenya Airports Authority (KAA) has announced plans to conduct its first test flight on the newly refurbished Terminal 1B at the Jomo Kenyatta International Airport (JKIA) on 15th October …
Tea prices at the weekly Mombasa auction rose slightly this week amid reduced demand for the second week running. At this week’s auction, a kilo averaged USD2.32(Sh280.49) up from USD2.27(Sh274.80) …
Kenya has failed to strike oil and gas deposits in the coastal strip that has for years been at the Centre of an international border dispute with neighboring Somalia. Seismic …
Mauritian bank group SBM Holdings wants to sell its Kenyan subsidiary five years after entering the market through the buyout of Fidelity Bank that has continued to struggle despite receiving …
Wealthy households and firms have lost Sh145.39 billion in tax benefits after the taxman cut back on incentives in the five years to 2021, new Treasury data has shown. These …