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Business

Government Unveils Ksh 9.7 Billion Coffee Fund as Part of Bold Sector Reforms

James Simiti -
Coffee production has dropped from an annual high of 150,000 metric tons in the 1980s and 1990s to less than 70,000 metric tons today.
Business

Fresh Payroll Rules: KRA Issues Guidance on Employee Tax Reliefs and Exemptions

James Simiti -
Among the changes are new deductible contributions including Housing Levy, Social Health Insurance Fund and post-retirement medical funds with a combined monthly cap of KSh15,000.
Business

Govt Unveils Plan to Pay TikTok Creators for Promoting Ruto’s Agenda

James Simiti -
This was announced by Head of Presidential Special Projects and Creative Economy, Dennis Itumbi during a creators’ forum in Nairobi.
Business

NACADA Moves Alcohol Licensing Online in Major Digital Shift

James Simiti -
The authority confirmed that all import and export licenses, including consignment permits for alcohol products will now be processed through the National Electronic Single Window System (NESWS)
Business

Kenyan Borrowers Face Rising Costs as Commercial Banks Hike Interest Rates

James Simiti -
Analysts say the widening gap in borrowing costs across banks means consumers should shop for loans carefully.
Business

Ministry of Agriculture Re-Advertises 27 Job Vacancies Ahead of October Deadline

James Simiti -
The ministry is looking to recruit both technical and support staff across different disciplines.
Business

Kenya to Introduce Quality Milk Certification as Export Push Intensifies

James Simiti -
Under the upcoming Good Quality Milk Certification Programme, farmers will get paid more for clean and safe milk and less for substandard milk.
Business

Senate Launches Probe into Sh14.5bn Currency Printing Deal with German Firm

James Simiti -
The probe was triggered by a petition from Busia Senator Okiya Omtatah who cited major irregularities in Auditor General Nancy Gathungu’s 2024 report.
Business

CBK Moves to Cap Mobile Money Fees by More Than Half

James Simiti -
CBK wants to reduce the average cost of mobile money transactions from Sh23 in 2024 to Sh10 by 2028
Business

NCPB Announces New Maize Prices as Farmers Gear Up for Harvest

Donald Matiangi -
This comes months after the government released 200,000 bags of maize from the National Strategic Grain Reserve (NSR) to local millers
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