Kenya president Ruto vows tax overhaul to lower inequality
President Ruto said he intended to establish a progressive income tax regime, in his first speech to parliament since winning the presidency.
Category: Business / Finance
Anti-graft watchdog flags Sh196m paid to Isiolo County accountants
The anti-graft watchdog has flagged off five Isiolo County accountants for allegedly receiving close to Sh200 million in their personal…
Museveni criticizes EU objections to East Africa oil project
Ugandan President Yoweri Museveni has criticized the European Union (EU) parliament for calling on his government to halt a strategic pipeline project with neighbouring Tanzania.
Markets endure further losses, dollar rises as central banks turn screws
Asian markets fell again Friday and the dollar extended gains as part of a global sell-off fuelled by recession fears after central banks around the world ramped up interest rates to fight decades-high inflation .
President Ruto pushes for more trade ties with US at Chamber of Commerce meeting
The President also attended talks on fertilizer production and green energy to boost Kenya’s agricultural sector, job creation and economic resilience
Russia offers Africa free fertilizer
The country is ready to transfer 300,000 tons of Russian fertilizers accumulated in EU ports due to Western sanctions to developing countries free of charge.
Fuel prices jump in Kenya after subsidies cut
Price of petrol increased by 20 shillings to 179.30 (about $1.50) per litre while diesel and kerosene prices are up by 20 and 25 shillings respectively
Stock markets rise after Pelosi’s Taiwan trip
Investor concerns over US-China tensions have eased
Wachimba migodi wavumbua almasi inayoaminika kuwa kubwa zaidi kuwahi kupatikana katika miaka 300
Almasi hiyo adimu imepewa jina ‘Lulo Rose’ iligunduliwa katika mgodi wa Lulo nchini Angola na Kampuni ya Lucapa Diamond.
Kenya yarejelea mauzo ya mirungi Somalia
Somalia ilitangaza kupiga marufuku mirungi kutoka Kenya mnamo Machi 2020 huku kukiwa na mzozo wa mpaka wa baharini kati ya majirani hao wawili wa Afrika Mashariki.
