High tariffs as well as tax unpredictability as eroding competitiveness and driving firms to consider shifting operations to cheaper markets. Only four in every 10 foreign companies operating in Kenya ...

Kenya: The Government and the private sector have drawn a plan of action that seeks to ease doing business in the country. According to the 2014 World Bank Doing Business report (2014), Kenya slipped ...

Hello and welcome to today’s edition of The Business Roundup where we bring you up to speed with the latest international and local economic updates from the business world. This edition covers news ...

Kenya has embraced a hardy bush called jatropha curcas as the heart of a nascent biofuel industry. Proponents predict a future in which jatropha oil will power commercial jets and cars. But in Kenya, ...

Kenya’s plan to have the government take over all imports of petroleum products from private companies has been challenged in court, with several petitioners seeking a ruling that the nationalization ...

NAIROBI, April 3 (Reuters) - Kenya will reduce its spending plan for the financial year starting this July by 12% to 3.7 trillion shillings ($28.35 billion), President William Ruto said, part of ...

Kenya's plan to convert its US dollar-denominated Chinese debt to yuan is a "win-win", as it is expected to reduce interest payments for the African nation while advancing China's goal of increasing ...