The Treasury has come under the spotlight for entertaining proposals by accountants to set minimum fees they can charge for advisory services, setting businesses up for a possible escalation of compliance costs and undermining competition rules.
The Treasury Monday began receiving views on…
Kenya blames ‘rogue traders’ for EAC trade rows
Kenya has blamed persistent trade disputes among member states of the East African Community (EAC) on incidents of dishonest traders breaking the rules of cross-border commerce.
Adan Mohamed, the Cabinet Secretary for East African Community and Regional Development, said disputes in recent…
M-Pesa Africa active users top 50 million
Mobile money transfer platform M-Pesa has hit the 50 million active users mark in Africa as it eyes to expand services across the continent.
The mobile financial services platform is operated by Safaricom in Kenya and South Africa’s Vodacom, which runs the services through it…
Kenya names head of Liaison Office to Somaliland
Kenya has appointed a head of its Liaison Office to the self-declared republic of Somaliland in a move that could raise another diplomatic tiff with Somalia.
A Note Verbale communications from the Ministry of Foreign Affairs dated September 2 says that Kenya has deployed four…
State raids KPC revenue basket for fuel subsidy
The Kenya Pipeline Company (KPC) has been dealt a financial blow after the energy regulator cut the cost of storing and handling imported fuel by 31 percent amid sustained efforts to keep pump prices low and stem public anger.
Dealers will effective August 1 pay $3.59 (Sh394.54) per cubic …
NMS plans Sh250m automation of Nairobi Green Park terminal
Nairobi Metropolitan Services (NMS) is set to begin automation of traffic management at the Sh250 million Green Park terminus in Nairobi.
This is after the Kenya Railways Corporation (KRC) deployed four of its engineers to NMS to help in the automation exercise.
According to a statement …
Tailor stitching Sh350,000 suit
Brian Kisimba’s tailor shop in Nairobi could be looking like one on 19 Saville Row, London’s most famous tailoring street with knighted tailors. He has the skills of an ultra-bespoke tailor, having been trained in the UK by the acclaimed owner and creative director of Maurice Sedwell bespoke…
UK’s Tesco keeps ban on Kakuzi avocados
Britain’s largest supermarket chain, Tesco is yet to reinstate avocado supplies by Kakuzi as it presses for compressive human rights reforms by the Murang’a-based agriculture firm.
The British retailer on October 11, 2020 temporarily dropped Kakuzi as its supplier of avocados pending inves…
KRA seizes 25 export containers, spared Sh75m tax loss
The Kenya Revenue Authority (KRA) has seized 25 containers loaded with hides and skins worth millions of shillings at the Mombasa port that would have denied the taxman Sh75 million in revenue.
The agency intercepted the consignment as the traders attempted to smuggle them ou…
The evolution of eyebrows entrepreneurs
How much would you spend on eyebrows? To many Kenyan women, the cost is no longer a big issue.
Eyebrows have become an obsession of late, tattooed or microbladed, making a statement far beyond the old-fashioned tweezing or drawing bold dark lines daily.
But it is the popularity of the om…