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Tribunal rules switching services exempt from VAT in blow to KRA
Business

Tribunal rules switching services exempt from VAT in blow to KRA

The judgment arose from a case filed by Kenswitch, which was contesting a Sh41.6 million VAT demand on income earned from switching fees. Kenswitch manages interbank ATM and point-of-sale connectivity, allowing cardholders to access banking services across different institutions. The tax agency insisted that the firm’s income was tied to technology services and should attract VAT.

Hunger disaster deepens as famine confirmed in two Sudanese regions
Global Affairs

Hunger disaster deepens as famine confirmed in two Sudanese regions

As of September 2025, the IPC estimates that 21.2 million people in Sudan faced serious food shortages, almost half the population. This includes 6.3 million individuals in emergency hunger and 375,000 experiencing catastrophic deprivation. While some areas such as Khartoum and Al Jazirah have seen better access for aid, conditions in Darfur and Kordofan have collapsed further.

Kenya launches geothermal fertiliser plant to cut import strain
Business

Kenya launches geothermal fertiliser plant to cut import strain

Fresh data shows fertiliser imports have eased for a second year after record levels in 2023. Between January and June this year, imports reached 443,701 tonnes valued at about Sh25.63 billion, slightly lower than the 445,857 tonnes worth Sh27.71 billion recorded in the same period last year. The decline extends the drop from the 2023 peak of 629,566 tonnes valued at Sh44.8 billion, a two-year contraction of roughly one-third in quantity and more than two-fifths in value.

Trump steps into New York race, urges support for Cuomo over Mamdani
Global Affairs

Trump steps into New York race, urges support for Cuomo over Mamdani

Mamdani, the Democratic nominee, is leading in opinion surveys. Cuomo, who served as governor and entered the race as an Independent after losing the Democratic primary, sits in second place. Curtis Sliwa, the Republican challenger, trails in third. Yet Trump did not endorse Sliwa, instead cautioning that backing him would benefit Mamdani.

Cane crunch deepens as sugar output declines
Business

Cane crunch deepens as sugar output declines

Figures from the Kenya National Bureau of Statistics indicate sugar mills produced 406,807 tonnes between January and August, compared with 541,681 tonnes in a similar period in 2024. This decline of 24.89 per cent has been linked to a lack of fully grown cane after farmers and processors harvested ahead of schedule in previous cycles and scaled back planting, leaving plantations struggling to regenerate.