high taxes business closures Stories
FKE Executive Director Jacqueline Mugo said many firms in the region have shut down because of high operating costs, causing about 5,000 people to los...
The high taxes imposed on businesses have forced many to shut down, leaving empty stalls and shuttered shops in their wake.
As of April, the country’s risk index stood at 53.47, reflecting a relatively stable political environment and favourable financial conditions
Some entrepreneurs are forced to obtain up to 20 different clearances, with costs running into hundreds of thousands of shillings before they can full...
Nearly two years later, the mall, now the largest landmark in the Eastleigh neighbourhood, has withstood the test of time, having grown in the number...
Deputy President Kithure Kindiki said the initiative is part of the government’s broader strategy to empower Kenyans at the lower end of the economic...
Small-scale traders and ordinary Kenyans are calling for lower taxes, reduced fuel prices, and a more compassionate government to ease the high cost o...
The suspects were not found with any identification documents belonging to them, and the DCI will be relying on the National Registration Bureau to as...
The National Transport and Safety Authority reports that over two million licensed boda boda riders are active across Kenya, with each rider earning a...
Developing countries encourage far less innovation as firms and governments appear to be leaving billions of dollars on the table in forgone productiv...
President Ruto also witnessed the signing of strategic partnership agreements between KenInvest and three major Chinese institutions.
The traders, said numerous licenses were a burden to the traders and were a major obstacle to economic growth.
The launch on Saturday drew local dignitaries, community leaders, and hundreds of residents eager to witness the arrival of a Shari’ah-compliant finan...
The funding initiative aims to enhance food security and sustainability for the country’s growing population amid increasing threats posed by climate...
Kenyan SMEs were urged to brace for impact and rethink strategy amid the prevailing tariff wars.
During the day, this business park functions as a typical commercial area, with shops selling mattresses, tyres, furniture, electronics, and household...
The Stanbic Bank Kenya Purchasing Managers' Index (PMI), which gauges the level of private sector activities, rose to 51.7 from 50.6 in February.
Sheikh Juma argued that the panel might prioritise personal interests rather than focusing on the broader Islamic agenda, thus threatening the future...
Restaurants, which are central to social interactions in the neighbourhood, remained closed during the day as residents observed the fast, contributin...
Dewji, commonly known as Mo, is now worth $2.2 billion (Sh284.9 billion), making him the richest person in East Africa and the only billionaire from t...
KAM says the country’s business environment is rallying behind its aforementioned neighbours in critical industry aspects such as the cost of producti...
Last month, mall owners along the street threatened to take legal action against Nairobi City County if the illegal businesses were not removed.
This shift has become more noticeable in the past six days, coinciding with the last 10 days of Ramadan, when Muslims engage in Tahajjud prayers start...
Other residents from Wajir West and Tarbaj constituencies echoed the call for a livestock restocking programme to help them recover from their losses.
Preliminary investigations indicate that Musembi is suspected of first having taken some poisonous substance in an attempted suicide, but when did not...
The newly-inaugurated mosque is expected to serve embassy visitors, staff and members of the surrounding community.
From her daily interactions with farmers and traders, Joyce says training and upskilling tops the list of the needs mostly required by grassroots busi...
A spot check across the business district revealed a contrasting perspective, with business owners sharing a different outlook than the reports sugges...
Business owners are hopeful that the improved conditions will create a better trading environment, free from congestion and sanitation issues.
