Treasury mulls VAT on milk, bread, in fresh revenue push

Nairobi, March 14 -- The Treasury is considering introducing a 16 percent value-added tax (VAT) on bread and milk in a fresh push to boost revenue collections from middle-class households. Treasury C... Read More

Eldoret water company targets Sh700m debut bond issuance in expansion drive

Nairobi, March 12 -- Eldoret Water and Sanitation Company (ELDOWAS) looks to be the first water utility firm in Kenya to go to the capital markets and raise debt as the sector looks to diversify fundi... Read More

Ethiotelecom IPO expected to launch Ethiopia securities exchange

Nairobi, March 10 -- For decades, Ethiopia has been the only major economy in Africa without a securities exchange, but this is set to change as the $156 billion economy gears up to launch securities ... Read More

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