Business - Page 6

The government’s controversial proposal to impose a five percent presumptive tax on second-hand clothing (mitumba) imports has been dropped from the Finance Bill 2026,

Kenya’s vehicle ownership experience is about to change fundamentally. The National Transport and Safety Authority (NTSA) has confirmed that it will formally launch the

A new twist has emerged in the proposed Tanga Oil Refinery in Tanzania following revelations from African billionaire Aliko Dangote that he now favors

Kenya’s journey toward becoming an oil-exporting nation is nearing a major milestone. Energy and Petroleum Cabinet Secretary Opiyo Wandayi announced that the country expects

Kenyans may soon face higher costs for digital government services as the National Treasury moves to overhaul the eCitizen pricing structure. A new proposal

Kenya’s mountain of forgotten wealth reached new heights in 2025 as the value of unclaimed financial assets climbed to a record Sh5.182 billion. Despite

The Kenya National Highways Authority (KeNHA) has unveiled new designs for the proposed Nithi Bridge, marking a decisive move to curb the frequent road

The Ministry of Energy and Petroleum has linked the recent nationwide fuel shortages to a combination of technical and administrative snags. These hitches disrupted

The government has set aside Ksh40.25 billion for railway development in the 2026/27 budget, aiming to modernize the country’s rail transport system. The funding

After months of public frustration over the slow pace of construction on the multimillion-shilling Rironi-Mau Summit Expressway, the government has finally broken its silence.

Former Deputy President Rigathi Gachagua launched a fresh offensive against President William Ruto on Tuesday, taking direct aim at the administration’s economic record and

Pan-African law firm Bowmans has raised serious concerns about several provisions in Kenya’s Finance Bill 2026, warning that a number of the proposed measures

Passport issuance in Kenya has taken a significant hit, with the latest figures from the Kenya National Bureau of Statistics (KNBS) revealing a 36.7%

The Kenyan shilling posted a notable recovery in 2025, gaining 4.1 percent against the U.S. dollar as the exchange rate improved from Ksh134.82 to

President William Ruto announced on Tuesday that East African nations are shifting their strategy from exporting raw materials to regional industrialization, with a massive

Starting in May 2026, Kenyan exporters will benefit from a more streamlined tax filing process as the Kenya Revenue Authority (KRA) introduces a new

Digital Credit Providers (DCPs) have defended the move requiring customers to submit a valid national identity card and a live selfie before approving loans