Author: Steve Umidha

Fitch downgrades Kenya’s economic growth forecast

Reading Time: 2 minutes Fitch Solutions has downgraded its growth forecast for Kenya to 4.72 per cent from 5 per cent, citing higher energy […]

SportPesa trademark blocked

Reading Time: 2 minutes Milestone Games Ltd was Monday barred from using the SportPesa brand pending legal interpretation of a court case challenging an […]

‘Rescind double tax’ deal – lobby

Reading Time: 2 minutes Kenya has been urged not to sign double taxation agreements (DTAs) with Portugal and Turkey due to concerns about the […]

Foreign firms decry high taxation, call for speedy intervention

Reading Time: 3 minutes Businesses are decrying the high cost of doing business in the country, amidst the economic challenges brought about by the […]

Higher inflation threatens to stifle growth of key sectors

Reading Time: 2 minutes Kenya finds itself in a precarious situation despite a remarkable 7.5 per cent economic growth recorded in 2021 as inflation […]

Focus on Bill as property sector roars back to life

Reading Time: 2 minutes Analysts are forecasting a strong real estate sector rebound this year following an impressive comeback in a sector that had […]

Services sector activity fell in April on high cost of living

Reading Time: 2 minutes Kenya’s services sector shrunk in April on rising consumer inflation and the general living costs, a private-sector survey shows. For […]

Tourism and hospitality revealed as the best performing sector

Reading Time: < 1 minute Tourism and hospitality was one of the best performing sectors of the economy, a new Economic Survey 2022 has shown. […]