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Business news highlights

Dollar shortage signals price hikes on local goods

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Business Daily | by Elizabeth Kivuva Manufacturing firms are facing challenges accessing dollars from local banks to fund capital goods imports, threatening product shortages which...
mombasa port

Shanghai lockdown to hit Kenya with goods drought

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Business Daily | by Gerald Andae Consumers are staring at a shortage of goods from China in the next couple of weeks following the move...
britam tower, britam kenya

Britam completes sale of Sh14 billion stake in Equity

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Business Daily | by Edna Mwenda Insurance firm Britam Holdings has completed the sale of its 6.7 percent stake in Equity Group to the International...

Tech firms face higher levies as Kenya plans to double digital service tax

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Tech Crunch | by Annie Njanja Kenya plans to double the digital service tax (DST) to 3% beginning July this year, as the government taps...

Kenya Airways cargo volume up 29pc on capacity revamp

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Business Daily | by Bonface Otieno The volume of cargo transported by Kenya Airways (KQ) went up by 29 per cent in the year ended...
kq, kenya airways, national aviation management bill

Kenya Airways travellers lose Sh4bn in expired tickets

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Business Daily | by Constant Munda Kenya Airways’ customers lost Sh4.48 billion last year after they failed to show up for their flights, leaving them...

SRC to study global medics salaries in pay plans for Kenya health workers

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Business Daily | by Lynet Igadwah The salaries agency wants to survey the earnings of health workers in select countries and use the findings to...

Rubis in last-minute rush to stop CEO deportation over fuel shortage

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Business Daily | by John Mutua Rubis Energy Kenya has launched last-minute efforts to stop the deportation of its CEO Jean-Christian Bergeron amid the government clampdown...