- These directives have been informed by a drop in aflatoxin compliance levels among millers with data from Kebs showing the figure at 62.2 per cent in May 2024.
- Whitman said that the issue of tax is a worldwide issue and for a country to be economically stable, it requires more time as the process is gradual.
- Kebs cited a fine by the Swiss government after the company was convicted of failing to prevent bribes to public officials in countries where it operates.
- CA seeks to spend Sh28 billion over the next five years towards expanding mobile phone usage and mobile broadband to 66 and 65 per cent, respectively.
- Caren Atieno explained that she was among traders not conversant with the Finance Bill 2024 and called on stakeholders to hold sensitisation meetings.
- Devki Group took over the Ngaaie piece of land that was initially owned by Athi River Mining Company (ARM) which it acquired in 2020 at Sh5 billion in 2020.
- A buyer of an affordable housing unit who intends to sell it to any other person shall seek consent of the Board in a move to deter individuals from using proxies to buy several units.
- Strathmore University has launched an agri-food innovation centre to drive sustainable agricultural growth and innovation across Africa through data-driven solutions.
- The Communications Authority of Kenya (CA) has cautioned that the internet disruption caused by a cut of the undersea cable last weekend could continue for a few days.
- Plans by the Devki Group to set up a multi-billion-shilling cement factory in Mwingi have been thrown into jeopardy following protests by a section of the community over unpaid compensation.
- The lack of an industrial fish landing port with cold storage, processing, and canning facilities is preventing Kenya from taking advantage of opportunities in the marine sector.
- Finance Bill proposes to remove exemptions on transactions and also increase excise duty. Executives say the move will make financial services more expensive and Kenya uncompetitive.
- The event will address four priority transformation agendas: leadership, digital transformation and artificial intelligence, continental integration, and financing.
- Telecommunications service provider Safaricom has announced the resumption of full network capacity following an internet connectivity outage experienced across the country since Sunday.
- Co-op Bank Group Chief Executive Gideon Muriuki said the bank with 195 outlets has managed to strike a healthy balance between investments in brick-and-mortar and staff growth.
- Kenya Maritime Authority (KMA) has put on ice a plan by the Mombasa County government that would have seen the devolved unit collect millions from ships for waste collection.
- The cost of doing business through the port of Mombasa is set to reduce following the introduction of Viaservice Container Solution (VCS) to replace the punitive container deposits.
- The Finance Bill 2024 has proposed the deletion of Section 54 of the Affordable Housing Act streamlining disposal of units acquired through the programme.
- In the face of escalating living expenses and the ongoing introduction of new taxes and levies, the current economic climate in Kenya is becoming increasingly challenging.
