News

Business Daily Africa1dOpinion
Underperforming revenue: What are Kenya’s options?
To mobilise more tax revenues, the government should ease the tax burden and increase incentives for businesses.
Business Daily Africa4y
Kenya Power defaults Sh23.9bn KenGen bill
Kenya Power #ticker:KPLC defaulted on payment for electricity worth Sh23.9 billion supplied by KenGen #ticker ... swung into a pre-tax loss of Sh7.04 billion for its financial year to the end ...
Reuters8mon
Kenya forecasts budget deficit will fall to 3.5% of GDP next fiscal year
NAIROBI, Sept 17 (Reuters) - Kenya's finance ministry forecasts a fall in the budget deficit to 3.5% of gross domestic product ... President William Ruto scrapped tax hikes worth more than ...
Reuters11mon
Kenya budget sees deficit at 3.3%, seeks to protect economic recovery
Budget deficit seen at 3.3% of GDP in 2024/25 Economic growth seen at 5.5% in 2024 and 2025 Outcry over tax measures accompanying budget NAIROBI, June 13 (Reuters) - Kenya's 2024/25 budget aims to ...
Tuko on MSN3mon
KenGen records 79% rise in net half-year profit to KSh 5.3b
The Kenya Electricity Generating Company (KenGen) PLC, has demonstrated its resilience in a changing energy landscape with a 79% increase in profit after tax for ... news, Kenya Power and Lighting ...
The Africa Report8mon
Kenya’s budget faces pressure as rising interest rates challenge domestic borrowing plans
With domestic interest rates soaring to 17% and external loans shrinking, Kenya faces a tough challenge in securing affordable funding for its upcoming budget as investors demand ... Public discontent ...