- The price is even likely to spike a notch higher as the fuel subsidy, which covers Ksh.25.56 for super petrol consumers, Ksh.48.19 for diesel and Ksh.42.43 for kerosene, will be winded up by the National Treasury.
- The government is facing mounting pressure to maintain price stability as changes to consumer prices or inflation now threaten to breach the upper limit.
- The Kenya Revenue Authority (KRA) uncovered hidden tax arrears amounting to Ksh.989 million ($8.4 million) from cross-border assistance in the recovery of tax claims.
- The cost of all three petroleum products is set to rise by Ksh.9 a litre effective from midnight Wednesday in the latest maximum price review by EPRA.
- The National Treasury is seeking an additional Ksh.25 billion from the domestic credit market to wrap up its local borrowing program for the 2021/22 fiscal year.
- Jambojet and Pan-African payments company Cellulant have partnered to award customers over 600 discount vouchers, each worth Ksh.3,000. The vouchers will be available to all customers that sign up for Jambojet Rewards, the Jambojet loyalty program.
- The government has constituted a taskforce to guide and develop strategies to grow the economic and job creation contribution of the creative/gig economy.
- The High Court has extended orders barring Sarrai Group Limited from carrying out any activities in Mumias Sugar company until a petition challenging its operations is heard and determined.
- The turnaround of the Kenya Meat Commission has taken a lot less time than had earlier been anticipated with the meat processor turning a profit less than one year after operations were handed over to the military to run it.
- Taxpayers will have to spend Ksh2.2 billion to pay the outgoing lawmakers whose tenure in the 12th Parliament comes to an end today when the August House adjourn sine die this afternoon.
- Kenya Power launches a Kshs. 340 million live line laboratory technology that will reduce planned electricity shutdowns without switching off consumers.
- Manufacturing firms are expected to increase their prices due to a shortage in the supply chain in the coming months leading to a major slow-down in the economic recovery efforts, a report on local purchases index shows
- Mara, the Pan–African crypto exchange platform has today announced that Susan Younis has been named the new Chief Marketing Officer effective immediately.
- Local consumer goods manufacturer Pwani Oil has resorted to selling products in US dollars as it seeks to acquire more stock of the currency which it uses to import raw materials with.
- Non-disclosure or confidentiality agreements in employment contracts will not bar employees from blowing the whistle on their employers under new regulations.
- Leading cooking oil manufacturer Pwani Oil has temporarily shut down operations due to what it says is a shortage of raw materials as a result of challenges in accessing dollars to pay suppliers.