The East African Business Mirror
Kenyan CEOs express anxiety over soaring fuel, electricity costs
The Central Bank of Kenya (CBK) has revealed that the steep increase in fuel and electricity prices has adversely affected consumers' purchasing...
Kenya’s economy to grow by 5.6% in 2023 – AfDB
Kenya’s Gross Domestic Product (GDP) is projected to grow 5.6% in 2023 and 6.0% in 2024, driven by services and household consumption.
European Commission approves Kenya’s duty-free access deal with EU, Final hurdles...
The European Commission has granted approval to Kenya's Economic Partnership Agreement (EPA) with the European Union (EU), bringing the country one step...
Government takes up to sh79 in tax per liter of fuel
Consumers are currently facing a significant tax burden when purchasing fuel in Kenya, with taxes amounting to as much as Sh79 per...
Kenya targets Chinese imports in new tax evasion crackdown
Chinese imports are set for tighter scrutiny as President William Ruto’s government intensifies a purge on entities and individuals who undervalue products...
Pain at the pump: How fuel prices will retail in different...
Tough times are here and so are the fuel prices.
In the new review by the Energy and Petroleum...
Brace yourselves for tougher times, CS Chirchir says
Energy Cabinet Secretary Davis Chirchir has addressed the issue of the rise of prices of fuel after an uproar from Kenyans.
Dollar-for-oil swaps strain Kenyan shilling
The Kenyan shilling is facing increased pressure as a substantial amount of dollar-denominated loans taken by oil marketers from banks last year...
New payslip pain for workers as Treasury plans tax relief axe
The Treasury is contemplating eliminating tax reliefs on pay-as-you-earn (PAYE) taxes, which could lead to smaller payslips for salaried employees. This proposal...
Africa Private Sector Pledges Climate Responsibility at Inaugural Africa Climate Summit
•The Statement outlines the private sector’s roles and responsibilities in partnership withthe Nairobi Declaration as offered by Africa Heads of State.•...
