In a major relief for taxpayers, the Kenya Revenue Authority (KRA) has rolled out an enhanced tax amnesty program, waiving an impressive Kshs. 140 billion in penalties and interest. Re-launched…
In a significant step toward accelerating industrialization and boosting economic growth, Kenya has entered into a KSh128 billion ($1 billion) lease agreement with the African Export-Import Bank (Afreximbank). This deal…
A legal battle has ensued after Equity Bank flagged questionable fund transfers amounting to Sh386.5 million, which it attributed to fraudulent activities involving a former employee. According to court documents,…
Kenya has emerged as the top destination for venture capital (VC) funding in Africa for the year ending December 31, 2024, securing $537 million (Sh69.4 billion) in investments from 73…
East African Portland Cement (EAPC) has made a remarkable turnaround, posting a Sh35 million profit for the six months ending December 2023, reversing a half-year loss of Sh720.7 million. This…
The Kenya National Bureau of Statistics (KNBS) has reported an increase in the prices of several essential commodities between January and February. In its monthly survey released on Friday, February…
Kenya’s Ministry of Education has announced a series of county-based dialogues aimed at enhancing education quality and learning outcomes under the Competency-Based Education (CBE) system. These dialogues, set to take…
The government is set to introduce a registration and regulation framework for all beach operators in Kenya as part of efforts to enhance the tourism sector. The Ministry of Tourism…
In a significant move to support the country’s agricultural sector and ensure food security, the Ministry of Agriculture and Livestock Development has announced that maize seed prices will remain unchanged…
Kenya Reinsurance Company (Kenya Re) is gearing up for a major expansion of its life reinsurance business, targeting a remarkable 50% growth in premiums within the next year. This ambitious…