Jasmine Wambui

Finance Act 2026 takes effect as imported sugar tax jumps fivefold

Among the most immediate changes is the sharp increase in excise duty on imported sugar. Importers will now pay Ksh.40 per kilogramme, up from Ksh.7.50 previously, increasing the tax burden by more than 400 per cent.

Outrage over Gov't plan to alter Wilson Airport flight paths instead of demolishing illegal buildings

Appearing before the Senate Roads and Transport Committee, Aviation & Aerospace Development Principal Secretary Teresiah Mbaika said many of the developments have existed for years, making demolition a complex undertaking.

EABL seeks CJ Koome's intervention over lawsuits challenging Asahi takeover deal

In a letter copied to the Judicial Service Commission, EABL argues that several cases raising similar issues have been filed in different courts despite earlier attempts to stop the deal from being dismissed.

IAEA chief backs Ruto's nuclear push despite Kenya's renewable energy success

Fuel saga probe: KRA defends Ksh.5B tax refund to oil marketers as Senators demand answers

KRA also disclosed that the government’s decision to reduce VAT on fuel from 16 per cent to 8 per cent has so far cost the Exchequer about Ksh.9.1 billion in foregone revenue.

Kenya Power earns Ksh.382M from EV charging as electric mobility rises

Electric vehicles are becoming more common on Kenyan roads, particularly in Nairobi, which accounts for the largest share of EV adoption.Kenya Power revealed that electricity sales to the e-mobility sector generated Ksh.382 million between July 2023 and April this year, as electricity consumption li...

From Transcom to Harambee House: Inside the tense talks that ended fuel strike

For more than five hours, government officials and transport sector leaders remained locked in a bruising standoff that would ultimately determine whether the country’s transport system would grind to a halt for a second straight day.

Diani, Watamu lead sharp rise in coastal land prices - Report

New data from HassConsult shows some coastal towns have recorded price growth of more than 70 percent since the COVID-19 pandemic, as investors and home buyers shift focus to areas offering natural beauty, beachfront access and leisure living.

African countries push for fair economic partnerships at Africa Forward Summit

Business France says about 3,000 participants are expected to attend the summit, including more than 30 heads of state, investors, entrepreneurs and business leaders. 

Glovo opens regional office in Nairobi, commits Ksh.10B investment by 2030

Glovo says orders on its platform grew by 40 per cent last year, while businesses operating on the platform have generat  ed more than Ksh.20 billion in sales since the company entered the Kenyan market in 2019.