Wednesday, December 31, 2025
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Bethuel Kipsang

CS Chirchir: Fuel costs could reach 300 per litre because of Hamas

Energy Cabinet Secretary Davis Chirchir has claimed that Kenyans could end up digging deeper into their pockets to pay for fuel prices. According to Chirchir, fuel prices could go to as high as Sh. 300 per litre because of the...

Nearly half of all foreign investors flee Kenya’s stock market

Nearly half of all foreign investors took off from Kenya's stock market, the Nairobi Securities Exchange. Data shows that in the nine month period to September 2023, 6,256 foreign investors fled the NSE. This number is the equivalent of about...

Cost of living pushes Kenyans to default on Sh. 596 billion bank loans

The amount of bank loans Kenyans have defaulted on has risen to a 16-year high of Sh. 596 billion. This has been revealed by the latest data from the Central Bank of Kenya (CBK). The data shows that the stock of...

KRA’s response to Kenyans after outrage over passengers tax harassment at JKIA

The Kenya Revenue Authority has broken silence following outrage over taxation of personal items and harassment of passengers at Kenya's main point of entry at the Jomo Kenyatta International Airport (JKIA). This follows fury and outrage that has been expressed...

Government collects Sh. 11.83 billion from ‘affordable housing tax’ in 2 months

The government of President William Ruto has collected Sh. 11.83 billion from the affordable housing tax in two months. This has been revealed by a National Treasury document that was tabled before the National Assembly’s Finance Committee by the by...

KRA goes for new, used personal, household items from people arriving at JKIA

The current streak of punitive taxation has gone a notch higher. This is after the Kenya Revenue Authority (KRA) issued a directive that people arriving at a point of entry in Kenya such as the Jomo Kenyatta International Airport...

KRA: Items you must declare at customs when arriving or departing Kenya

Do you know what you must declare when arriving or departing Kenya at the Jomo Kenyatta International Airport? For a start, according to the Kenya Revenue Authority (KRA), you should declare currency and monetary instruments exceeding US Dollars 10,000 USD...

Masters graduate joins police, finds bosses are old classmates who got D

When you graduate with a degree or a masters, your expectations for a lucrative job are usually very high. After toiling and burning the midnight oil, a good and well paying job is the least you can get. In Kenya...

Sh. 100 now buying only 3 Kenya Power token units

The amount of Kenya Power token units that Kenyans can access per every Sh. 100 has reduced further. Currently, Sh. 100 will only afford you 3.6 Kenya Power units. This is down from the previous 4.6 units that the same...

Kenya Power plans for US Dollar-based bills after huge loss

Utility firm Kenya Power is making plans to start issuing US dollar-based power bills. This comes after the company posted a multi-billion loss that it has attributed to the weakening local currency. The new plan will start with mega power...

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High fares, thin margins: The structural cost burden facing African airlines

A familiar refrain in discussions of air travel is that African airlines are expensive. This prompts a puzzling question:...
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