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Business news highlights

Kenya, Tanzania talks over KQ flights ban hit stalemate

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Business Daily | by Gerald Andae Kenyan airlines, including the national carrier Kenya Airway, face a lengthier ban from the Tanzanian market as the two...

CS wants more car parts tax exempted

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Business Daily | The State is seeking to have more parts meant for assembling motor vehicles and trailers exempted from tax. The parts were omitted...

Bars closure punches Sh45bn hole in budget

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Business Daily | by Constant Munda Prolonged closure of bars and night clubs has forced the Treasury to cut its excise tax projections by Sh45.8...

FKE says 604 firms sent workers home over Covid shocks

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Nation | by Paul Wafula Every modern sector company in Kenya has lost at least 33 jobs on average due to the Covid-19 pandemic, according...

Agency plans Sh30 billion roads maintenance bond

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Business Daily | by Edwin Okoth The Kenya Roads Board will issue a second Sh30 billion roads bond this year to source funds for maintenance...

Safaricom, Airtel face fines for delaying customer care calls

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Business Daily | by Patrick Alushula Telecommunications firms such as Safaricom and Airtel face regulatory fines if they take more than 15 seconds to answer...

Kenya approves first locally manufactured ventilator

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Kenyan Wall Street | by Mwakaneno Gakweli The Kenya Bureau of Standards, KEBS certified the first locally manufactured ventilator. The ventilator dubbed Pumuashi 3.0 was...

KAM pushes for creation of unemployment fund

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Business Daily | by Constant Munda Manufacturers have proposed the creation of an unemployment insurance fund to offer relief to workers who lose jobs to...