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How SGR revenues slowed before 50pc train fare raise

Nairobi, March 19 -- Growth in revenue from passenger services on the standard gauge railway (SGR) slowed down substantially before the Kenya Railways Corporation decided to raise fares by half this y... Read More


Unregistered agents face arrest in war on tax-evading landlords

Nairobi, March 18 -- The government has threatened to arrest and prosecute property agents practising without permits in an ongoing campaign to net more taxes from the real estate sector. The Estate ... Read More


Kenya posts $1.2bn surplus in trade with Africa

Nairobi, March 15 -- Kenya's earnings from goods exported to African countries exceeded expenditure on imports by a record Ksh164.04 billion ($1.22 billion) in 2023, provisional data shows, boosting t... Read More


Kenya posts Sh164 billion surplus in trade with Africa

Nairobi, March 15 -- Kenya's earnings from goods exported to African countries exceeded expenditure on imports by a record Sh164.04 billion in 2023, provisional data shows, boosting the government's r... Read More


US sanctions bus firm, 15 others over Sh14bn Shabaab funding

Nairobi, March 12 -- The owner of a bus services company that plies the northern parts of Kenya is amongst 16 entities and individuals whom the United States has sanctioned for allegedly funding al-Sh... Read More


Retail investors dominate State debt with Sh294.4bn

Nairobi, March 8 -- Cash-flush firms and individuals have beaten commercial banks, pension schemes and insurers to become the biggest source of new lending to the government so far in this financial y... Read More


Property taxes plunge Sh1.8bn on sales delay

Nairobi, March 8 -- The Kenya Revenue Authority (KRA) suffered a double-digit drop in revenue collections from the sale of land, houses, and shares in privately held firms in the first half of the cur... Read More


Business activity rebounds first time since August

Nairobi, March 5 -- Kenya's private sector activity rebounded to the first growth in seven months on rising orders largely because of softening growth in inflation, prompting companies to raise the ou... Read More


Treasury plans tax review to cushion low-income earners

Nairobi, March 4 -- The Treasury has announced plans to review taxation of workers' pay to lessen the burden on low-income earners amid rising cost of living and stagnant wages. Treasury Cabinet Secr... Read More


EU lawmakers endorse economic partnership agreement with Kenya

Nairobi, March 1 -- Kenya has inched closer to concluding a preferential trade deal with European Union (EU), preserving a long-term tax-free access of exports to the 27 countries in the bloc while gr... Read More