world business
Treasury eyes higher excise duty on fuel in IMF deal
The Treasury has disclosed that excise duty on fuel will be revised by April next year.
President Ruto orders PSs, parastatal heads to account for tax billions
A circular by the Executive Office of the President gives officials up to October 2, 2023, to...
Farmers, small traders faced with upfront tax in compliance drive
The Treasury is eyeing a creditable withholding tax on all imports at a minimal rate of the value.
Small traders spared VAT obligations
The Treasury plans to increase the revenue threshold for a trader to qualify as an agent for...
Epra hires consultants to review Tullow’s oil plan
Epra has engaged the services of consultants to review British oil explorer Tullow’s...
Liquid Intelligent Technologies launches new regional fibre links
Liquid Intelligent Technologies has launched two new fully redundant terrestrial fibre optic...
Centum now reports zero gender pay gap
Centum Investment Company Plc has reported a zero pay gap between its male and female staff.
Unit trusts invest bulk of funds in bank deposits
Collective investment schemes have the bulk of their assets invested in fixed deposit accounts.
Oil dollar swap deals pile pressure on shilling
A large batch of dollar-denominated loans sourced from banks by oil marketers last year have...
New payslip pain for workers as Treasury plans tax relief axe
Salaried employees' payslips are set to shrink further, if a proposal by the Treasury to...
Manufacturers sue seeking to block 17.5pc export levy
Manufacturers have filed a court case seeking to block the new 17.5 percent export and...
Kenya outshines her neighbours in PE and venture capital deals
Kenya has accounted for the lion’s share of private equity and venture capital deals in East...
