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 ...

Four petitioners filed a case at Kenya’s high court seeking to stop a government plan to nationalize the importation of petroleum products, saying it violates the constitution. The filing this week ...

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 ...

The government is now caught in a dilemma as the mandatory transition to electronic procurement by all State agencies threatens the business of Kenya Pipeline Company (KPC), which has been earmarked ...