Kenya Pipeline, KRA Deal to Revolutionise Fuel Supply Logistics
Kenya Pipeline Company (KPC) and the Kenya Revenue Authority (KRA) have integrated their SAP and iCMS systems to hasten fuel supply logistics and supply chain operations.
2 min read
Economy
Latest economy stories from across Kenya.
Nationwide Livestock Vaccination Campaign Stalls Amid Funding Shortfall
A critical planned mass vaccination programme for livestock across all Kenyan counties has ground to a halt due to a severe funding shortage, threatening one of our country’s main agricultural sectors, senior agriculture officials and…
1 min read
NTSA Wins Case to Keep Acacia Shuttle SACCO Suspended
The National Transport and Safety Authority (NTSA) has secured a legal victory, allowing it to maintain the suspension of Acacia Shuttle SACCO’s operating licence. The Transport Licensing Appeals Board (TLAB), the tribunal that hears and…
1 min read
NMG Sinks Deeper into Loss as Digital-First Strategy Flounders
Nation Media Group financial performance continues to nosedive, with the net loss for the financial year ending December 2024 growing to Ksh254 million, up from Ksh205 million recorded in 2023.
2 min read
Student Accommodation Provider Triples Profit
Despite operating in a tough business environment, the ASA REITs have continued to demonstrate resiliency, underscoring the strength of their underlying assets and the robustness of the business strategy.
3 min read
CEOs: Why We Are Optimistic on Economic Growth
A CEO Roundtable Meeting on East African Integration and Economic Outlook 2025 revealed that East Africa’s economy is projected to grow by 5.7% in 2025 an increase from 5.1% in 2024.
3 min read
Kenya Banks on Motorsports to Boost Tourism
The Kenya Tourism Board (KTB), the country’s state-owned tourism marketing body, said on Tuesday that it will tap into the growing motorsports enthusiasm in the East African region to increase visitor arrivals.
1 min read
Africa GDP Growth Projected to Hit 3.8% in 2025
Africa GDP growth is projected to rebound, reaching 3.8% in 2025 and 4.1% in 2026, a report by the United Nations Economic Commission for Africa (UNECA) has revealed.
1 min read
Kenya Power Reveals Trick Behind Falling Cost of Electricity
The cost of electricity has been steadily declining over the last 12 months as the Kenya Shilling made gains against the US Dollar.
1 min read
Regulators Convene in Nairobi to Validate 2024 Electricity Regulatory Index Report
The Energy and Petroleum Regulatory Authority (EPRA) and the African Development Bank (AfDB), have convened a workshop that brings together regulators and experts from across the continent to validate the 2024 Electricity Regulatory Index…
2 min read
Gov’t to Sell Stake in Kenya Pipeline Company Through IPO
The government is considering listing Kenya Pipeline Company (KPC) at the Nairobi Stock Exchange through an Initial Public Offering to unlock its value and raise expansion capital.
2 min read
KRA Customs Tax Collection Reaches Historic Figure
Reforms at the Kenya Revenue Authority’s (KRA) Customs and Border Control are beginning to yield notable results, after Customs taxes reached a historic monthly performance of Ksh82.554 billion in January 2025.
1 min read
New Ksh750 Million Markets to Transform Trading in Nairobi
Hundreds of residents within Kasarani and Starehe constituencies are set to benefit from two markets to be constructed in the next one year.
2 min read
KRA Records Marginal Growth in 2024 Revenue Collection
Kenya Revenue Authority (KRA) collected Ksh1.243 trillion as of 31st December, 2024. This reflects a growth of 4.5% compared to the collection of Ksh1.189 Trillion realised in the same period of the previous financial year (2023/2024).
2 min read
Border Control: KRA Honours Customs Officers for a Job Well Done
As part of the celebrations, KRA honoured customs officers who stood out for their exemplary contributions safeguarding Kenya’s borders.
3 min read
The Origins of Commercial Banking in Kenya
Kenya is rich in type, number and sophistication of financial institutions. The financial system consists of 42 commercial banks with over a thousand branches countrywide, a diversified system of non-bank financial institutions consisting…
5 min read
Inside the VAT Pre-Populated Return System, KRA’s Simplified Way of Filing Returns
Individuals and businesses using iTax, TIMS, eTIMS and customs business systems will have an easier time filing returns via the newly introduced VAT Pre-Populated Return System as all transactions have been captured and automatically…
1 min read
EPRA Explains Reduced Fuel Prices For Dec-Jan Period
In what comes as a major relief for Kenyans, the government has announced new lower prices for fuel used by motorists and cooking by some households, reviving hopes of sustained reduction in the coming months
2 min read
Kenya Begins to Supply Power to Tanzania Through New Transmission Line
Kenya Electricity Transmission Company (KETRACO) has completed and energized the 400kV transmission line linking Kenya and Tanzania, marking a major step in enhancing regional electricity trade.
3 min read
EPRA Given New Green Certification Role by Global Renewable Energy Agency
The International Tracking Standard Foundation (I-TRACK Foundation) Board has appointed Energy and Petroleum Regulatory Authority ( EPRA) as the official local issuer of the International Renewable Energy Certificates I-REC(E).
1 min read
KRA Revenue Collection Hits One Trillion-Shilling Mark
KRA revenue collection as at November 2023 has hit the one trillion shilling mark after collecting Ksh1.005 trillion as of 30th November, 2024.
2 min read
Inside the Newly-Created World Bank High-Level Advisory Council on Jobs
The World Bank Group under its work on poverty, has established a High-Level Advisory Council on Jobs that gathers a global cross-section of eminent individuals to offer thought leadership and actionable, scalable policy and program…
3 min read
Report Reveals Billions of Shillings Kenyans Earned From Google in 2023
Google products and services helped provide an estimated $900 million (about Ksh115 billion) of economic activity for businesses, nonprofits, publishers, creators, and developers in Kenya during 2023.
3 min read
KRA Unlocks Sh22 Billion Through Alternative Dispute Resolution
Kenya Revenue Authority (KRA) has unlocked Ksh21.9 billion through the Alternative Dispute Resolution (ADR) mechanism. This follows the conclusion of 1,184 cases in the Financial Year 2023/2024.
2 min read