- A senior education official in the region alleged the suspension was due to claims of suspicious activities that threatened the integrity of the exams at the centre.
- More households in Bomet, Kakamega, and Vihiga counties use dung as floor material compared to West Pokot, which is understandable since it is a marginalised area.
- A new report by Mastercard also lists poor customer support and funds taking too long to be received as the other reasons why they shun the mode of payment.
- Ndii alleges a scheme where firms lobby for favourable taxes in return for financial favours to State officials, says some of the taxes levied against certain businesses do not make economic sense.
- As Kenya gears up to step up its smart city game, Korean firms are seeking entry into the Kenyan market to provide smart technologies that can realize sustainable development.
- Wekunda reveals their main buyers are restaurants and vegetable vendors who purchase in bulk. The vendors are enrolled on a programme where Wekunda and his team follow up on their progress.
- President's advisers defend tax pains, say reforms will bear fruit. Insist that Kenyans must bear with unpopular reforms for country not to collapse.
- Kenya could default on repaying the $2 billion (Sh302 billion) Eurobond, which is set to mature in June next year, in the absence of an International Monetary Fund (IMF) bailout.
- As important as improving access to that funding is, it's almost as critical that entrepreneurs identify the funding models best suited to their business needs.
- This as it emerged KRA officials do not have a system that categorises items at the airport. The officials determine the value of items through interviews.
- Uganda is Kenya's largest trading partner, accounting for 11.1 per cent of total exports. Move could also affect petroleum re-exports to South Sudan, Rwanda and parts of DRC
- Remittance from finance and insurance sector recorded suppressed growth in the July-September period. Sector has historically been a significant source of income for the government.
- The Central Bank of Kenya has intensified its efforts to combat illicit dollar trading, even as the shilling depreciated to a fresh all-time low against the US dollar.
- CS and World Bank attributed the increase to the ongoing Israel-Hamas war. But CBK weekly bulletin indicates global oil prices are declining due to the dissipating impact of the war.
- Fuel prices threaten to reach a historic high of Sh300 as stakeholders discuss solutions. Fuel prices are said to be on the brink as a consequence of the Gaza conflict.
- KRA has collected Sh51 million revenue in four months (Between July and November) from goods intercepted by customs officers at the Jomo Kenyatta International Airport (JKIA) passenger terminal.
- The everyday Kenyan is fed up watching YouTube and TikTok clips of large motorcades and frequent flyer pictures of leaders escaping a country where many struggle to get home.
- Case comes barely a month after Uganda indicated it would change its fuel purchase process. Ugandan market consumes about 20 per cent of the refined petroleum products.
- The government froze the issuance of new mining and prospecting licenses in November 2019 in what it said was necessitated by the need to clean up and reform the industry.
- Unlike enforcement measures which mostly lead to adversarial and strained relations between the taxman and the taxpayer, the amnesty offers a conducive ground for voluntary tax compliance.
- Nairobi City County is contributing more to Kenya's economy than 29 other counties combined, highlighting the fact that Kenya's wealth is concentrated in the capital.
- The cyber security skills gap continues to inhibit individual, organisations, and even government's ability to access skilled talent, not only in terms of finding the talent but also affording it.
- The government has declared Cobalt, Tantalum, Lithium, Coltan, Niobium, Copper and other rare earths as strategic minerals amidst an economic boom in the local and global mining sectors.
- The threats, including supply chain attacks, malicious damage to company property and violence against employees, could have a serious impact on business continuity.
- The price of Super Petrol is likely to rise to Sh300 in the coming Energy and Petroleum Regulatory Authority (EPRA) fuel price review, says Energy CS Davis Chirchir.
- Charles Mutwiri has over 20,000 bushes on various parcels of land across Imenti. DP Gachagua recently visited his farm to learn how he has achieved success in coffee farming.
- A farmers' lobby group wants the national and county governments to help farmers "urgently" transition to biological farm inputs for increased production.
- Tourism council says governments should work to ease visa restrictions and accelerate the process of visa applications in a bid to further support international tourism.
- Global sugar prices settled down in October, following sharp increases in previous months, the United Nations Food and Agriculture Organization (FAO) said Friday.
- Intra-regional trade within the EAC has been on an upward trajectory, with the value recorded at $10.17 billion (Sh1.5 trillion) as at September 2022.
- Around 46 per cent of monitored firms reported that total expenses had increased from September, driven by a further uplift in fuel prices and associated transport costs
- KPCU was placed under receivership by KCB in 2015 due to a non-performing loan of Sh85 million. This was in addition to other debtors who delivered coffee to KPCU and were owed Sh50 million.
- Taxman cites obscure nature of informal businesses and lack of transparency in financial dealings. Some traders have abandoned electronic payment to beat the system.
- President says KRA should be firm in tax collection, but not punitive to Kenyans. Says it is possible to be courteous, kind, and gentle to taxpayers while also efficient.
