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State seeks nod to cancel Sh118b sugar firms’ debt.

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More than Sh117 billion debts owed by five struggling State sugar companies will be written off by the government before they can be leased...

Fuel subsidy is back.

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The Kenya Kwanza government has retraced on its decision to scrap fuel subsidy as President William Ruto faces tough choices of sticking to his...

KRA auctions vehicles overstayed at the Mombasa port.

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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...

Employers, agents brace for double hit on backdated taxes.

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The decision by the Kenya Revenue Authority (KRA) to backdate the new taxes to July 1 has left tax agents with a compliance nightmare...

James Mwangi appointed Chancellor of the first of its kind virtual university in Kenya.

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Equity Group Holdings PLC Managing Director James Mwangi, has been appointed Chancellor of the Open University of Kenya by President William Ruto. Briefly after...

Airtel absorbs tax to keep cash deals free for customers.

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Airtel has declared its bold intention to maintain its current transaction charges for its mobile money services despite an increase in the excise duty...