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kenya revenue authority kra, taxation, tax, revenue collection

KRA loses bid to claim Sh64m tax from SGR contractor

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Business Daily | by Joseph Wangui The Kenya Revenue Authority (KRA) has lost a bid to claim Sh64 million from a Chinese firm that built...
safaricom plc

Safaricom share rallies NSE to a 12-month high

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Business Daily | by Charles Mwaniki The value of investor wealth on the Nairobi Securities Exchange (NSE) hit a year high of Sh2.5 trillion on...
african development bank afdb

AfDB to give women SMEs Sh218bn loans

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Business Daily | by Victor Juma The African Development Bank (AfDB) has launched a credit facility of up to $2 billion (Sh218 billion) aimed at...
university of nairobi uon

Varsities face deeper cash crisis on Sh4bn budget cut

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Business Daily | by Lynet Igadwah Public universities have been dealt a major blow after the Treasury slashed their approved budget by Sh4 billion, piling...

Coast counties bank on cashew to boost earnings

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Business Daily | by Winnie Atieno Coast governors are betting on revival of the cashew nut industry to improve livelihoods in the region. The governors said...
budget, treasury, public borrowing

Laikipia gets nod to raise Sh1.4b from county bond

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The Standard | by Wainaina Wambu The Treasury has given Laikipia County the green light to float a Sh1.4 billion infrastructure bond, a first for...
fuel prices, fuel subsidy, petroleum development levy

Super petrol price jumps by Sh8.19

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Nation | by Brian Ambani Motorists are set for a tough few weeks as the price of a litre of super petrol has shot up...
geothermal power station, kengen, gdc

Kenya to match Italy, join geothermal big boys club

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Nation | by Edwin Okoth Kenya will this year match Italy in ranking of the world’s largest geothermal powerhouses when the 83-megawatt Olkaria plant is...