Kenya spent 57pc of taxes in Sh600b debt repayment
Reading Time: 2 minutes Kenya allocated over half of collected tax revenues to service maturing debt in the first half of the current 2023/24 […]
Relief at pump as fuel prices drop marginally
Reading Time: 2 minutes The prices of fuel dropped yesterday for the third consecutive month, giving motorists the much-needed reprieve for the next one […]
Fuel use dips in 2023/24 first quarter on VAT hike
Reading Time: 2 minutes Fuel consumption in Kenya dropped in the first quarter of the current 2023/ 24 financial year (FY ) as the […]
Two local startups set to benefit from Sh4.71b EIB funding
Reading Time: 2 minutes Two Kenyan startups, Shamba Pride and Poa Internet, are among firms set to benefit from $30 million (Sh4.71 billion) equity […]
M-Pesa hitch exposes risks of reliance on one provider
Reading Time: 2 minutes Major downtime on Safaricom’s financial system that affected more than 800,000 M-Pesa agents and payment merchants in Kenya yesterday has […]
Counties to get Sh19.7m court fines in next budget
Reading Time: 2 minutes Several county governments will receive at least Sh19.7 million cumulatively in the next 2024/25 financial year (FY) as cash generated […]
Remittances, tourism fail to rescue Sh50b forex dip
Reading Time: 3 minutes Kenya’s foreign exchange (forex) reserves experienced a decline of nearly Sh50 billion in the final quarter of 2023, despite a […]
Pressure mounts on MDAs as State seeks Sh470 billion
Reading Time: 3 minutes The government will whip Ministries, Departments, and Agencies (MDAs) to hike levies and introduce new ones to help supplement ordinary […]