Business Archives - Page 17 of 106

KRA Calls Attention to Employers Denying Disability Tax Reliefs to PWDs

The Kenya Revenue Authority (KRA) has cautioned employers against unlawfully withholding monthly tax reliefs for disability from their workers as mandated by the law.

March 13, 2024

Business·News·TL

Naivas supermarket - the biggest supermarket in kenya

Naivas Estate Dispute: Judge Warns Siblings that their Deceased Father is Likely Turning in his Grave

In the ongoing legal dispute over Naivas Supermarket founder Peter Mukuha’s estate, the High Court in Nakuru has urged Mukuha’s children to end the

March 12, 2024

Business·News·TL

Here’s a List of Hotels Set To Be Privatized by the Government

In a controversial move aimed at enhancing profitability and efficiency, the Kenyan government, through the Privatisation Authority, has embarked on a mission to privatise

March 12, 2024

Business·TL

Kenya’s Growing Interest in Forex Trading: Exploring the Trend and Reasons Behind It

The dynamic aspect of forex trading has always made it fascinating. The broad availability of technology is one of the main factors driving the

March 11, 2024

Business

Win for Truck Drivers as KenHA Increases Maximum Height Limit

The Kenya National Highways Authority (KeNHA) has announced an adjustment in the height restriction for motor vehicles operating on Kenyan roads, now allowing a

March 7, 2024

Business·TL

Tullow Oil Talks Kenya-comeback With Sh1.4 Billion Investment

After years of uncertainty, Kenya remains a beacon of hope for commercial oil production after it emerged that Tullow Oil has placed the country’s

March 7, 2024

Business·TL

New East Africa Currency Still in Progress – EAC

The East African Community (EAC) yesterday dismissed the existence of a new currency for the region following a fake account on X falsely claiming

March 5, 2024

Business·News·TL

Nairobi County Reduces License Fees for Bar Owners

The County Government of Nairobi has lowered the prices for licenses in the General Retail Alcoholic Category for the Financial Year 2023/2024, bringing relief

March 5, 2024

Business·News·TL

How to Use KRA’s eTIMS Lite To Simplify Tax Invoicing for Small Businesses

The Kenya Revenue Authority (KRA) has introduced an electronic Tax Invoice Management System (eTIMS) to enhance the customer experience in submitting invoices to the

March 5, 2024

Business·News·TL

Government Procures 430 Wagons to Enhance Freight Services

The government has commissioned 430 new wagons to enhance efficiency in the country’s freight services. The arrival of these wagons will also expedite the

March 5, 2024

Business·News·TL

February Records a Drop in Inflation as Food Prices Ease

The inflation rate for February 2024 reportedly dropped to 6.3 percent, compared to 6.9 percent in January, following consecutive declines in November and December

March 1, 2024

Business·News·TL

Women Enterprise Fund to Resume Loan Disbursements, Increase Loan Amounts and Repayment Period

The Women Enterprise Fund (WEF) announced that it will resume loan disbursement around mid-next month. President William Ruto launched the WEF digital loan platform

February 26, 2024

Business·News·TL

How Kenya Power Made Sh319 Million Half-Year Profit

The new power tariff, which took effect in April last year and led to increased electricity consumption by Kenyans, propelled Kenya Power back to

February 26, 2024

Business·News·TL

Ruto Launches Tea Innovation Academy in Partnership with Lipton

The government is actively collaborating with the largest global marketing company for Kenyan tea to boost tea farming. President William Ruto made the announcement

February 23, 2024

Business·News·TL

NMG in Big Financial Trouble as Court Refuses To Stop Ksh9 Million a Week ‘The Star – My Gov’ Tender

The Law Society of Kenya (LSK)’s attempt to block the government from publishing and distributing advertisements through the MyGov weekly supplement in the Star

February 22, 2024

Business·TL

Government: It Will Take Sh4 Trillion and 4 Years To Complete All Stalled Projects

Kenya is facing a significant challenge in completing over 4,500 public projects, with an anticipated cost exceeding Sh4 trillion to finalize the initiatives already

February 22, 2024

Business·TL

Ruto Claims Monetary Policies Saved Kenya Nearly a Trillion, Slashed Loan by Ksh700 Billion

President William Ruto lauded the government’s initiatives to enhance Kenya’s economic situation by diminishing debt and boosting revenue. On Wednesday, February 21, Ruto revealed

February 22, 2024

Business·News·TL

Why Company Associated with Embakasi Blast is Suing EPRA

Derdols Tech Services Limited and Derdols Petroleum Limited, the companies claiming ownership of the premises involved in the Embakasi gas explosion, have taken legal

February 22, 2024

Business·News·TL

EACC Investigates Alleged Siphoning of Sh18 Billion from Nairobi County Coffers

The Ethics and Anti-Corruption Commission (EACC) has initiated investigations into the misappropriation of funds totaling billions of shillings at the Nairobi City County government

February 21, 2024

Business·News·TL

KEBS Prohibits Importation Of Secondhand EVs with Battery Life Below 80%

The Kenya Bureau of Standards (KEBS) on Monday, February 19 announced a new prohibition, preventing the importation of used electric vehicles with a battery

February 21, 2024

Business·News·TL

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