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Business news highlights

Electric vehicles set to disrupt transport sector

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People Daily | by Herald Aloo E-mobility startup BasiGo and Kenya Power have officially rolled out the country’s first electric bus project in a State-backed...

Antler East Africa closes $13.5 million fund to invest in early-stage startups

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Tech Crunch | by Tage Kene-Okafor Antler East Africa, the Nairobi office of VC firm and venture builder Antler, has closed a $13.5 million fund...

Cooking oil prices triple as palm costs rise 33pc

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Business Daily | by Elizabeth Kivuva Prices of crude palm oil have jumped by 33 percent due to the Ukrainian crisis, as sector players initiate...
kenya revenue authority kra, taxation, tax, revenue collection

KRA signals peace with Keroche in Sh22bn row

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Business Daily | by Brian Ngugi The Kenya Revenue Authority (KRA) has signalled concessions for Keroche Breweries after day-long negotiations with the owners of the...
fuel prices, fuel subsidy, petroleum development levy

Kenya is now the cheapest country to purchase diesel in Eastern Africa

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Business Daily | by John Mutua Diesel prices in Kenya are the lowest in eastern Africa in the wake of the monthly subsidy, reversing the...

Rising land, shares tax receipts signal property uptick

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Business Daily | by Constant Munda Taxes collected on the transfer of real estate and shares in privately-held firms in the six months ended December...

Report on mobile cash laundering risks to be released April

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Business Daily | by Constant Munda An anti-money laundering report that will form the basis of expanding the current Sh300,000 daily cap on mobile money...

Keroche rules out stake sale in Sh22.7bn clash with KRA

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Business Daily | by Brian Ngugi Naivasha-based Keroche Breweries’ owners have ruled out the possibility of selling the firm facing an uncertain future after the...