Business

Tanzanian firm dismisses KEBS' safety concerns over gas imports

Despite the red flag from KEBS, the company maintains that the product is safe for use and meets the required industry benchmarks.

Kenya’s trade deficit drops to four-year low on reduced fuel imports

Gov't to build first nuclear power plant in Siaya County

The project aims to boost electricity access and support economic growth across the country.

Kenya Airways unveils Sh52bn fleet upgrade plan

The airline’s Group CEO, Allan Kilavuka, shared the details during the Annual General Meeting in Nairobi, revealing that the national carrier plans to increase its fleet size from the current 34 aircraft to 53 by 2029.

Gov't tightens grip on loans with real-time debt system

The National Treasury is integrating the Commonwealth Meridian Debt Management System with IFMIS and the Central Bank of Kenya systems, allowing real-time tracking of national debt, repayments, and loan terms.

Kenya seeks EAC nod to extend rice import tax relief

The government’s move is aimed at securing an extension of the current tax break which allows rice to be imported at less than half of the bloc’s 75 percent common external tariff.

Kenya plans Sh70bn PPP rollout to build roads, dams and power lines

Treasury Cabinet Secretary John Mbadi on Thursday said the State is banking on PPPs to deliver 32 projects that include the construction of electricity transmission lines, dams, and roads.

Filing nil returns now easier as KRA adds option to eCitizen

Counties borrow Sh8.6bn in nine months as treasury cash delays bite

Hustler Fund gets extra Sh300 million, despite Sh6bn loan defaults

Treasury Cabinet Secretary John Mbadi made the announcement on Thursday during the budget presentation, saying the aim is to improve access to credit for low-income earners and small businesses.

Sh3.8 billion set aside to settle landless as inflation drops to 3.8%

The funds aim to address historical inequalities, improve access to land, and promote sustainable management of land resources.

New E-Procurement system to start in July with Sh700 million funding

The funds were announced by Treasury Cabinet Secretary John Mbadi while presenting the budget estimates in the National Assembly on Thursday.