- Tax revenues as reported by the National Treasury rose by 8.5 per cent in October to Ksh.142.8 billion from Ksh.131.6 billion at the same time last year.
- Safaricom is set to register its millionth customer in Ethiopia next week as it seeks a buoyant uptake of its recently launched commercial services in the country.
- A total of 7.4 million Kenyans borrowed from Safaricom’s popular overdraft facility between April and the end of September to mark the highest number of users for the service on record.
- Safaricom Plc has posted an 18.4 per cent decline in profitability through six months of operations to September 30 with net income in the period dipping to Ksh.30.2 billion.
- Kenya has recorded a sharp decline in the breeding of new seed varieties of maize, beans, cowpeas, and sorghum seed crops in the last year, a new report by The Africa Seed Access Index (TASAI) has revealed.
- The National Treasury has signalled higher taxes on basic goods and services as the government looks to shore up its revenues to meet expenditure needs.
- Equity Group has expanded its payment partnership with global digital payment provider PayPal allowing for linkages to the bank’s mobile application and internet banking.
- The Kenya Revenue Authority (KRA) has issued guidelines for country-by-country reporting on tax obligations by Multinational Enterprises (MNEs) with residency in Kenya.
- Central Bank of Kenya (CBK) official foreign exchange reserves have dipped to tie to the statutory requirement of four months equivalent of Kenya’s import demand.
- Standard Gauge Railway (SGR) contracts by new Transport Cabinet Secretary Kipchumba Murkomen have fallen short of laying bear the particulars of the contract to include the loan collateral.
- Fuel prices are expected to rise slightly of the approval of new transport and storage tariffs by the Energy and Petroleum Regulatory Authority (EPRA)
- Kenya Airways CEO Alan Kilavuka now says that the airline is ready to hold talks with a number of its pilots who have vowed to go on strike on Saturday, November 5, 2022.
- Kenya and Ghana have linked their respective stock/securities exchange allowing the cross-trading of equities and bonds from the pair of jurisdictions.
- Nearly 19,000 local individual investors opened trading accounts in nine months to the end of September with the number of registered local individual investors standing at 18,963.
- The 5th Kenya International Industrial Expo (KIIE) which is expected to promote trade and technological exchange opportunities between Kenya and the world kicked off on Thursday at Sarit Expo Centre, Nairobi.
- Social media platform Twitter could become much more entwined with cryptocurrencies and blockchain in the future, one of the backers of Elon Musk's $44 billion (Ksh. 5.3 trillion) takeover hinted on Wednesday.
- Kenya has abandoned plans to re-profile repayments of its first Ksh.243 billion ($2 billion) Eurobond which matures in 2024 after running into difficulties occasioned by higher interest rates.
- The Local Authorities Pension Trust (Laptrust) has locked out retail investors from its soon to be listed income real estate investment trust (I-REIT).
- Business operators will next year require just a single license to run their operations, Trade, Industry and Investments Cabinet Secretary (CS) Moses Kuria has said.
- The stalemate between Kenya Airways and the Kenya Airlines Pilots Association (KALPA) persists after the two parties failed to reach an agreement with hours left to the commencement of the strike notice issued by KALPA.
- Electricity generating company KenGen has set out plans to expand its geothermal capacity with the goal of meeting the need for additional electricity and reaching sustainable power generation.