Pesapal Wins Landmark VAT Exemption Case
The High Court has overturned a tax tribunal decision against payments firm Pesapal Limited, ruling that commissions the company earns from processing transactions are exempt from value-added tax (VAT). “It [...]
Kenya's Cement Industry Posts Strongest Half-Year Growth Since 2023
Cement production rose by 17.3% in the first half of 2025 to 4.85 million tonnes from 4.14 million tonnes in the same period of 2024 according to official data. For [...]
Sugar Production Falls 16% in the First Half of 2025
Kenya’s sugar industry has come under renewed pressure in 2025, with official data showing a 15.8% drop decline in domestic sugar production from 384,356 tonnes in the first six months [...]Kenya's Vehicle Assembly Up 16% in H1 2025, EV Projects Boost Recovery
Kenya’s vehicle assembly sector has recovered from two years of declining half-year output, with 6,723 units assembled in the first half of 2025, up 16.4% from 5,778 units in H1 [...]Kenya's Thriving Pension Industry Faces Concentration Risks, Unpaid Contributions
Kenya’s pension industry closed 2024 on a high, with retirement savings hitting Ksh 2.23 trillion from KSh 1.84 trillion in 2023, according to the 2024 Statistical Digest by the Retirement Benefits [...]Court Blocks Bid to Tax Vitamin E Imports as Food Supplements
The High Court has rejected the taxman's effort to reclassify two high-dose vitamin E products as food supplements, upholding the tribunal’s assessment that the capsules are medicines for customs purposes. [...]Inflation Holds at 4.5% but Families Strain Under Food Prices
Kenya’s annual inflation rate held steady at 4.5% in August, offering relief from fears of runaway prices, according to the latest Consumer Price Index (CPI) report from the Kenya National [...]NCBA's LOOP to Embed Asset Financing, Insurance
Global insurtech firm, Bolttech, is extending its African footprint by entering the Kenyan market through a partnership with LOOP, the digital banking service of NCBA Bank. “This partnership enables us [...]Tourism Wave Lifts SGR Passenger Revenues Despite Cargo Dip
Kenya's tourism and transport sectors are showing a strong, intertwined recovery, with new data revealing a significant surge in both visitor arrivals and Standard Gauge Railway (SGR) activity during June. [...]Nairobi Business Ventures 2025 Profit Falls 11% as Trading Collapses
Nairobi Business Ventures PLC (NBV) has reported a profit after tax of KSh 32.2 million for the year ended March 31, 2025, down 11% from KSh 36.3 million a year [...]Limuru Tea PLC H1 Loss Widens to KShs 22.2 M on Rising Costs
Listed agricultural company Limuru Tea PLC has posted a deeper half-year loss for the six months ended June 2025 despite modest revenue growth, as rising labour costs weighed heavily on [...]Home Afrika Builds on 2024 Turnaround With 15% H1 Profit Rise
Listed real estate developer Home Afrika Limited has posted a profit of KSh 192.4 million for the half year ended June 30, 2025, a 14.6% increase from KSh 167.8 million [...]
