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New tax to reduce tea farmers earnings

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Business Daily | by Gerald Andae Small-scale tea producers will lose more than Sh754 million annually after a new tax took effect on January 1,...
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Business leaders, analysts predict economic rebound

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People Daily | by Lewis Njoka Business leaders and analysts have expressed optimism that the economy will perform better this year compared to 2020 in...

Long queues, PSVs raise fares as schools re-open

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People Daily | by People Team Thousands of parents were yesterday forced to contend with long queues and hiked bus fares as learners reported back...

Safaricom adds 22,000 lines to fixed internet service

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Business Daily | by John Mutua Safaricom added 22,008 new connections to its fixed internet service in the three months to September, driven by the...

Luxury car sales drop 30pc on Covid woes

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Business Daily | by Constant Munda Sales of new luxury cars dropped 30 percent in 11 months ended November 2020 in a year most households...

Treasury’s income tax target revision unrealistic, say analysts

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Business Daily | by Elizabeth Kivuva The Treasury’s upward revision of the expected revenue from individual income tax for the fiscal year is unrealistic owing...
central bank of kenya cbk

High-risk banks start paying higher premiums from July

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Business Daily | by Bonface Otieno Banks with higher risks exposures will start paying increased premiums to the Kenya Deposit Insurance Corporation (KDIC) starting July...

Events that will shape 2021

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Business Daily | by BD Team Kenyans take over top EABL, BAT jobs East African Breweries Limited (EABL) and British American Tobacco (BAT) will from January...