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Business news highlights

Tough economic times push 5m Kenyans out of NHIF cover

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Nation | by Simon Ciuri About five million Kenyans have stopped paying the monthly contributions to the National Hospital Insurance Fund (NHIF), chief executive officer...

Payroll taxes dip Sh37bn on Covid layoffs, salary cuts

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Business Daily | by Constant Munda Payroll taxes fell an estimated Sh37.13 billion in the financial year ended June 2021, reflecting the impact of Covid-induced...
kenya power electricity lines

Kenya Power revenues hit as rural homes use Sh3.34 daily

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Business Daily | by Patrick Alushula Millions of Kenya Power rural customers are spending a paltry Sh3.34 daily on electricity in what has failed to lift...

Mobile loans feel the pinch of new 20pc excise duty

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Business Daily | by John Mutua Borrowers of digital loans will bear the brunt of the 20 percent tax on fees and commissions earned on...

Energy dealers sue to block 16pc VAT on cooking gas

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Nation | by Collins Omulo The Energy Dealers Association (EDA) wants a court to block the 16 percent value-added tax on cooking gas that took...

Flower farms bet on solar to cut power costs

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The Standard | by Antony Gitonga The number of flower farms opting for solar power is on the rise with the investors crying foul over...
safari tourism

Kenya eye growing intra-Africa tourism pie, hosts tour operators

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The Standard | by Philip Mwakio Kenya Tourism Board (KTB) has intensified efforts to market Kenya to the rest of Africa by targeting key source...
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KRA imposes fines for late filing of annual returns

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Kenyan Wall Street | by Jackson Okoth Kenya Revenue Authority (KRA) will impose a penalty for firms and individuals who did not file their annual...