Business

December 30, 2023
kdso tv
Africa, Business, News

Ruto Discards Premature Repayment of Ksh150 Billion Eurobond Loan

In the statement, it was indicated that Kenya would not make a Ksh150 billion repayment as earlier promised by President William Ruto. The Treasury stated that it had only...

December 7, 2023
Esther Shukurani
Business

KENYA TO SEND 1,500 FARM WORKERS TO ISRAEL

The government of Kenya is set to send 1500 farm workers to Israel on a three-year contract amid the ongoing war between Israel and Hamas. Principal Secretary Shadrack Mwadime...

December 5, 2023
Esther Shukurani
Business

CBK RAISES BASE LENDING RATES ON LOANS UP TO 12.5%

Kenyans have received a major blow after the Central Bank of Kenya (CBK) increased the base lending rate to 12.5%. The initial rate was 10.5%. the increase represents a...

December 4, 2023
Esther Shukurani
Business

CBK QUESTIONING DIGITAL LENDERS OVER FRAUD CONCERNS

The Senate Finance Committee seek to know from the Central Bank of Kenya whether it had instituted a lending detection system and whether as the regulator, they had taken...

November 20, 2023
Esther Shukurani
Business

FARMERS PROTEST OVER THE DEPLOYMENT OF NYS TO NZOIA SUGAR FARMS.

Farmers who supply sugarcane in Bungoma County have raised concerns regarding the deployment of National Youth Service (NYS) personnel on the nucleus farms. This comes after NYS personnel were...

November 17, 2023
Esther Shukurani
Business

EASTLEIGH TRADERS CONSIDER MOVING TO NEIGHBOURING COUNTRIES OVER HIGH TAXES.

Traders in Eastleigh are counting loss as the government continue to increase tax. Traders in Eastleigh are considering relocating their businesses to Tanzania, adding that the business environment in...

November 14, 2023
Esther Shukurani
Business

PRICE OF SUPER PETROL TO REMAIN UNCHANGED AS DIESEL, KEROSENE COST TO REDUCE BY KSH.2

According to a review released by the Energy and Petroleum Regulatory Authority (EPRA), the price of Super Petrol in the country will remain the same at a high of...

November 10, 2023
Esther Shukurani
Business

KRA TO REVIEW RESTRICTION ON TRAVELLERS’PERSONAL ITEMS.

The Kenya Revenue Authority (KRA) is set to review the policy taxing travellers arriving into the country through the Jomo Kenyatta International Airport (JKIA) with items worth USD500 (Ksh.75,000)...

October 18, 2023
kdso tv
Business, News

Sellers ditch mobile payments to beat KRA

Since enhancing compliance checks in key towns last month, the Kenya Revenue Authority (KRA) has noticed an increasing number of company owners abandoning mobile merchant payment accounts and switching...

September 24, 2023
Zachary
Business, News

Deputy President Rigathi Gachagua Promises to Eliminate Coffee Cartels; ‘Please bear with me’

The government plans to launch an initiative aimed at reviving the coffee sector addressing the standing issues that have hindered its growth. Deputy President Rigathi Gachagua on Sunday pledged...