By Steve Umidha
The ban on importation of second-hand vehicles those with 1500cc engine capacity and older than three years, could come a lot sooner, as the government embarks on a free-wheeling implementation of a draft copy of…
Telkom will invest an estimated Sh1
billion into the expansion and optimization of its 4G and 3G network, with the
network roll-out expected to improve mobile connectivity to its customers.
“This will deliver a value-compelling…
The Kenya
Revenue Authority (KRA) is set to raise revenue to GDP ratio from current 18.3
per cent in 2017/18 to 19.2 per cent in 2020/21.
Through
its 7th Corporate Plan running from 2018-2021, KRA also expects to
collect Kshs6.1…
Kenya's Auditor-General Edward Ouko has put the Treasury on the spot for failing to wind up many dormant funds despite Parliament sanctioning their closure six years ago.
He says the Treasury constituted a task force in 2013 to…
The new prices which took effect last
night will see motorists now pay Sh9.33 for super petrol, Sh10.04 for diesel
and Sh3.52 for kerosene in the latest price reviews by Energy Regulatory
Commission (ERC).
Motorists in Nairobi will for…
Higher tariffs on cargo transport by the standard gauge railway
are likely to have a negative impact on repayment of Chinese loan as
road carriage now becomes cheaper than use of train following
implementation of new rates.
Logistics…
East African stockmarkets are gearing up
for stiff competition from private equity investments this year, with analysts
saying it will make matters worse for the already struggling exchanges.
Fund managers at Sanlam Investments East…
Amref International University Council’s global search for a suitable candidate has been completed with the appointment of Prof Marion Mutugi as first Vice Chancellor of AMIU for a period of four years after a vigorous competitive process…
By Monica Muema
Pwani Oil Products has announced the acquisition of
the Rainbow detergent soap brand from Match Masters Limited in a move that will
see the Mombasa-based manufacturer grow its market share in the fast-growing
home care…
