Business - Page 17

The government has clarified how it will implement tolling on the planned Rironi-Nakuru-Mau Summit Highway under a Public Private Partnership (PPP) model. In a

The Kenya Revenue Authority (KRA) has retained the market interest rate for Fringe Benefit Tax (FBT) and the prescribed rate for Deemed Interest at

County governments are increasingly spending a higher proportion of their budgets on paying salaries and allowances, raising alarm over dwindling funds for economic development

The Kenya Revenue Authority (KRA) has dismissed Kenya’s inclusion on the Financial Action Task Force (FATF) grey list, calling the decision unjustified and based

The Kenya Bureau of Standards (KEBS) is strengthening its strategic partnerships to boost market product quality and safety. Managing Director Esther Ngari said the agency

Principal Secretary for Micro, Small and Medium Enterprises Development Susan Mang’eni has clarified that the government’s National Youth Opportunity Towards Advancement (NYOTA) Programme will

Kenya’s multi-billion-shilling betting industry is once again staring at a major shake-up after the government unveiled a new tax regime that could change how

The Ethics and Anti-Corruption Commission (EACC) has reclaimed a prime government property valued at Ksh35 million located next to the Bungoma State Lodge in

Kenyans will pay Ksh5.24 more per unit (kilowatt-hour) of electricity in October, following the latest tariff review by the Energy and Petroleum Regulatory Authority

A new proposal aimed at tightening financial controls and enhancing accountability in public fund management seeks to have government ministries and agencies operate separate

Kenya is sinking deeper into a debt crisis, with the latest Okoa Uchumi public debt report revealing that Ksh.7 out of every Ksh.10 collected

Treasury Cabinet Secretary John Mbadi says the ongoing implementation of the electronic Government Procurement (eGP) system is nothing short of impressive as the government

The Parliamentary Committee on Communication is laying the groundwork for the revival of the state-run Postal Corporation of Kenya (PCK). The Departmental Committee on

About nine million Kenyans who defaulted on Hustler Fund loans will miss out on the government’s new National Youth Opportunities Towards Advancement (NYOTA) programme.

National Treasury Cabinet Secretary John Mbadi has reaffirmed Kenya’s commitment to strengthening debt management and fiscal discipline, saying such efforts will help improve the

Former Nairobi County Attorney Lydia Kwamboka has defended former Governor Mike Mbuvi Sonko over the controversial Web Tribe/JamboPay revenue collection contract, arguing that Sonko’s