Fly Dubai To Fly 4 Times To Mombasa Under Kenya's Open Sky Policy
The government has headed to the calls of open skies policy in boosting local tourism activities across the country. Under the grand plan, President William Ruto said the government has [...]
Judges Lift Order Suspending Kenya's Finance Act 2023
The Court of Appeal on Friday lifted orders barring the implementation of Finance Act 2023, after a successful application by Cabinet Secretary National Treasury and Planning Njuguna Ndungu, and Attorney [...]IMF Monitors Developments Around Kenya's Finance Act
The International Monetary Fund (IMF) is closely monitoring the court case around the Finance Act days after its executive board gave the new law approval as a buffer against debt [...]Kenya-COMESA Deal To Increase Cross Border Trade
Fish traders are among those set to benefit from an agreement recently signed between COMESA and the government aimed at improving participation in cross-border trade within the Eastern Africa Region. [...]Kenya Among ‘Big 4’ Private Capital Destinations in Africa KIFC Report
Kenya is listed among the Big 4 that also includes Egypt, Nigeria and South Africa-as the giants of Africa’s silicon savannah, continually attracting the lion’s share of both private capital [...]
KRA Collects Sh135B More In FY 2022/23
The Kenya Revenue Authority (KRA) is banking on tax policy reforms to collect Sh2.768 trillion by end of the current financial year and surpass Sh3 trillion mark by next financial [...]IMF review paves way for disbursement of US$415.4M to Kenya
The International Monetary Fund (IMF) Executive Board has completed the fifth reviews for Kenya allowing for an immediate disbursement equivalent to about US$415.4 million. The Board on Monday completed the [...]Kenya To Repossess Over 1500 Idle Mining Permits
The Kenyan government has raised alarm over 1500 non-compliant licenses in the mining sector warning their owners they risk losing them. State department of mining said it has instituted a [...]Over Dependence on Foreign Aid Hurts African Union Agenda
Over dependence on foreign aid to finance 60 per cent of African Union programmes is slowing progress in development of effective capacity to deliver Pan-African transformation. Leaders gathering in Nairobi [...]AU States Challenged To Ban Second-hand Clothes Import
African Union Member States have been challenged to ban the importation of second-hand clothes to promote textile and apparel industry in the continent. To transform the productive capacities of the [...]Kenya, Iran Focus On Five Key Areas To Boost Trade
Kenya and Iran have renewed cooperation in different areas in an agreement set to correct trade imbalance between the two countries. The two nations said trade volumes between them still [...]Cabinet Proposes Tight Rules On Money Laundering, Terrorism Activities
Kenya is tightening the noose on terrorism and money laundering activities with a new legislation. In a document, the cabinet through designated committee structures has approved anti-money laundering and combating [...]
