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Business

Ruto Announces Qatar Deal to Create 13,000 Jobs for Kenyans

James Simiti -
The President described the development as a big step in deepening labour ties between the two countries.
Business

Kenya Begins Electricity Rationing as Power Demand Outpaces Supply

James Simiti -
That's all coming on top of a pretty hefty rise in energy demand that's putting a lot of strain on Kenya's ability to generate enough power to go around.
Business

MultiChoice Kenya Cuts DStv, GOtv Decoder Prices to Regain Lost Subscribers

James Simiti -
The DStv Zapper decoder now costs Sh850, down from Sh1,199, while the GOtv decoder price has dropped to Sh799 from Sh999.
Business

Government to Deduct SHA & Pension Fees Directly from Gamblers’ Every Bet

James Simiti -
Officials say this will grow the membership base of SHIF which aims to provide universal medical cover for Kenyans.
Business

Ruto Announces Travel Loan Scheme to Support Kenyans Seeking Jobs Abroad

James Simiti -
Ruto said the plan will be implemented through the National Youth Fund and Uwezo Fund
Business

KEBS Introduces 0.2% Levy on Local Manufacturers

James Simiti -
Industry players are saying that this new charge is just one more tax or levy being added to the list that’s making it harder and harder to do business in Kenya.
Business

Gov’t Announces Two Weeks Ultimatum to All Sugar Re-Packagers

James Simiti -
Move comes months after the Ministry of Agriculture & Livestock Development introduced the Sugar Development Levy
Business

2,000 Jobs, Cheaper Fertiliser: Inside Ruto’s KSh 100 Billion Green Project in Nakuru

Donald Matiangi -
Ruto said the project will shield Kenyan farmers from volatile global prices and reduce the country’s dependence on imported fertiliser.
Business

Cost of Borrowing in Kenya: CBK Data Ranks Banks from Cheapest to Most Expensive

Donald Matiangi -
Habib Bank AG Zurich turned out to be the cheapest option out there, while Sidian Bank topped the list of the most expensive
Business

Kenya to Deploy AI System for Tax Collection Within Two Years – Ndii

Donald Matiangi -
As these systems get more advanced, the KRA will have a smaller role - basically its going to go from enforcement
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