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Tuesday, July 29, 2025

Business & Economy

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Kenya’s Used Car Market in Turmoil as KRA Hikes Vehicle Valuation Rates

Used car importers in Kenya are ringing the alarm bells following a sharp rise in vehicle valuation rates published by the Kenya Revenue Authority...

Kenya’s 2025 Finance Bill Faces Fierce Backlash from Business Sector

Kenya’s proposed Finance Bill, 2025, is already stirring tension across the business landscape, with key stakeholders warning that several of its provisions could stifle...

244 People On Board: What Really Happened to the Air India Flight That Crashed Minutes After Takeoff?

An Air India aircraft, a Boeing 787 carrying 244 people, crashed shortly after taking off from the city of Ahmedabad in western India, heading...

IMF Austerity Measures Cast Shadow Over Kenya’s Budget Announcement

Kenyans are preparing for more economic hardship as the International Monetary Fund (IMF) signals a return to strict austerity measures — the same policies...

KMA Census Reveals 16,225 Vessels Operating on Lake Victoria

A recent census by the Kenya Maritime Authority (KMA) across the counties of Busia, Siaya, Kisumu, Homa Bay, and Migori has identified a total...

Kenya’s Central Bank Lowers Key Interest Rate to Boost Private Sector Lending

The Central Bank of Kenya (CBK) has reduced its benchmark interest rate from 10% to 9.75% in an effort to encourage more lending to...

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