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CAK penalises 9 steel manufacturers.
August 23, 2023

CAK penalises 9 steel manufacturers.

The Competition Authority of Kenya(CAK) has penalized nine companies for hiking the prices of steel products and affecting competition in the market. “The Authority has pursuant to an investigation, penalized nine steel manufacturers a total of Sh 338.84million. The companies
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State seeks nod to cancel Sh118b sugar firms’ debt.
August 23, 2023

State seeks nod to cancel Sh118b sugar firms’ debt.

More than Sh117 billion debts owed by five struggling State sugar companies will be written off by the government before they can be leased to private investors if Parliament approves a plan by the Treasury. The plan will also see
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August 15, 2023

Fuel subsidy is back.

The Kenya Kwanza government has retraced on its decision to scrap fuel subsidy as President William Ruto faces tough choices of sticking to his word on subsidies and cushioning common mwananchi from the rising cost of living. The subsidy was applied
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KRA auctions vehicles overstayed at the Mombasa port.
August 14, 2023

KRA auctions vehicles overstayed at the Mombasa port.

The Kenya Revenue Authority (KRA) is carrying out a mass auction of imported vehicles and other items that have overstayed at the Mombasa port. KRA on Monday, August 14, 2023, announced the mass auction while inviting prospective bidders to check
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James Mwangi appointed Chancellor of the first of its kind virtual university in Kenya.
August 3, 2023

James Mwangi appointed Chancellor of the first of its kind

Equity Group Holdings PLC Managing Director James Mwangi, has been appointed Chancellor of the Open University of Kenya by President William Ruto. Briefly after awarding a charter to the institution the President said he believes in Mwangi’s leadership. “I was
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