New beer, juice and cosmetic taxes kick in

Economy New beer, juice and cosmetic taxes kick in Friday July 01 2022 Times Tower in Nairobi, the headquarters of Kenya Revenue Authority. PHOTO | DENNIS ONSONGO | NMG From today [Friday]consumers are facing higher prices of alcohol, juices, cosmetics and beauty products as the government enforces new taxes to fund this financial year’s Sh3.3 … Read more

Treasury shuns law set to control goods prices

Economy Treasury shuns law set to control goods prices Thursday June 30 2022 The National Treasury building in Nairobi. PHOTO | SALATON NJAU | NMG The Treasury will not invoke the law that allows the government to control the prices of essential goods in reaction to the surge in inflation. Treasury Principal Secretary Julius Muia … Read more

China envoy nominee is richest at Sh400 million

Economy China envoy nominee is richest at Sh400 million Friday May 27 2022 Ms Mary Muthoni Gichohi during her vetting on May 16. PHOTO | DIANA NGILA | NMG Kenya’s ambassador-designated to China Mary Muthoni is worth Sh400 million, making her the richest of the 21 envoys that Parliament approved for appointments last evening. Ms … Read more

Uhuru Kenyatta kin fails to bar firm from 443-acre Thika farm

Economy Uhuru Kenyatta kin fails to bar firm from 443-acre Thika farm Friday May 20 2022 Mr Ngengi Muigai. PHOTO | FILE By BRIAN WASUNAMore by this Author Summary Court of Appeal judges Roselyn Nambuye, Fatuma Sichale and Sankale Ole Kantai dismissed an application by Mr Muigai seeking to bar Bidii Kenya from occupying the … Read more

MPs overrule Uhuru on collapsed bank refunds

Economy MPs overrule Uhuru on collapsed bank refunds Tuesday May 03 2022 By JOHN MUTUAMore by this Author Summary President Kenyatta had on February 3 rejected the Bill, saying it conflicts with Kenya’s law and international standards that demand depositors in failed banks be paid within 30 days of the institution being placed in liquidation. … Read more