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Why counties could drop some revenue sources on CRA model

Counties may be forced to drop loss-making revenue streams and duplicated charges.

Okoth Obado off the hook, strikes deal with EACC in Sh2bn graft case

Ethics and Anti-Corruption Commission drops cases against former Migori County.

KNTC fails to stop petition on edible oil export duty

The petition is challenging the government's move to remove the 35pc duty on edible oils and...

How paper taxes will hurt Kenya’s dairy sector

The price of milk, a staple in many Kenyan households, is poised to rise significantly if the...

Eddie Butita reinvents into a businessman

“Buda, tunaeza re-take hiyo shot tena Nafikiri bado haijaingiana,” (Could we retake that shot?

Taxes on sale of beer, fuel, cosmetics post a rare fall

Tax on production and importation of alcoholic drinks, fuel, cigarettes, cosmetics and cars...

Insurance firms swamped by Sh3.1bn floods damage claims

The widespread flooding that hit Kenya in March and April has seen insurance firms struggle to...

Finance Bill: MPs drop ‘punitive’ taxes as Kenyans protest

The Kimani Kuria-led committee announced the proposed changes, noting that they were informed...

Rich parastatals face cash squeeze in Treasury raid

Cash-rich parastatals are set for leaner times after the State moved to raid their coffers.

Kenyans relocate to the US at the fastest rate in 10 years

The drift comes as a result of a shrinking job market in the local economy, which has compelled...

Shilling rallies to 15-month high on lower dollar demand

The shilling has climbed to a 15-month high against the dollar.

Rubis retains Sh4.6bn bonds in fuel subsidy payments from State

Oil marketer Rubis Energy Kenya retained 26.6 million euros (Sh4.6 billion) worth of pending...