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Business news highlights

Third of Kenya’s insurance firms fail capital test

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Business Daily | by Otiato Guguyu A third of insurance companies in Kenya failed to comply with capital requirements introduced in July prompting the regulator...

KRA raises tax on 31 goods despite firms’ freeze plea

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Business Daily | by John Mutua Kenya Revenue Authority (KRA) has increased tax on at least 31 goods including beer, fuel, bottled water and juice,...

EAC business lobby faults Kenya overs extra Covid tests

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Business Daily | by Gerald Andae East African Business Council (EABC) wants Kenya not to subject truck drivers to further corona tests when crossing the...

State eases dairy farmers’ competition fears in US trade pact talks

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Business Daily | by Gerald Andae The government has moved to ease fear among local dairy farmers that when Nairobi and Washington strike a trade...

JamboPay eyes stock exchange listing

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The Standard | by Wainaina Wambu E-payments services firm JamboPay has announced plans to list at the Nairobi Securities Exchange (NSE) in the next four...

Big win for bar owners in tax row

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Nation | by Brian Ocharo Bar owners and entertainment joints in Mombasa County have won big after the High Court quashed a law that the...

State agency sets up water bottling plant in Tana Delta

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The Standard | by Philip Mwakio Coast Development Authority (CDA) has unveiled the first bottled water plant in Tana River County. The water is packed at...
fuel prices, fuel subsidy, petroleum development levy

More pain for motorists in mid-cycle price increase

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Nation | by Edwin Okoth and Hillary Kimuyu Motorists will, from Saturday, pay higher for a litre of petrol and diesel as the Energy and...