Nairobi, May 11 -- Imported motorcycles costing Sh130,000 and above are set to become more expensive after the National Treasury proposed to raise excise duty on a two-tier system featuring the curren... Read More
Nairobi, May 11 -- Gamblers will pay the government Sh20 for every Sh100 staked after the National Treasury proposed to increase excise tax on betting stakes to 20 percent, in the latest State onslaug... Read More
Nairobi, May 1 -- The number of betting firms licensed to operate in Kenya increased by 29 from September last year as increased taxation failed to deter the entry of more players into the multi-billi... Read More
Nairobi, May 1 -- Vivo Energy Kenya cut its reliance on Kenya Power by 156 megawatts (MW) last year, becoming the latest big power consumer to reduce consumption of relatively more expensive electrici... Read More
Nairobi, April 30 -- The government has moved to enforce a deadline on passage of Finance Bills by the counties in a bid to plug a loophole that has seen the 47 devolved units miss out on revenues. T... Read More
Nairobi, April 30 -- Vivo Energy's revenues in the Kenyan market dipped by $233 million (Sh36.49 billion) in the year ended December 2023 as a weakening shilling and depressed demand for fuel hit the ... Read More
Nairobi, April 26 -- Uganda is yet to withdraw the case filed against Kenya, bringing into question the truce the two countries entered into allowing Uganda National Oil Company (Unoc) to import fuel ... Read More
Nairobi, April 22 -- Electricity imports between January and March this year hit an all-time high, as the country increasingly turned to Ethiopia and Uganda even as generation from the dams started pi... Read More
Nairobi, April 18 -- Kenya has the most expensive fuel in the East African region even after the regulator cut pump prices by up to Sh10 a litre in the latest price review. A comparison by GlobalPetr... Read More
Nairobi, April 18 -- French oil multinational Rubis is set to become the strategic investor in National Oil Corporation of Kenya (NOC Kenya) in a deal aimed at reviving the struggling State-owned oil ... Read More