Kenya's investment rate Stories
Firms will only be able to deduct 50 per cent of the amount in the first year, with the remaining 50 per cent claimed in two equal instalments of 25 p...
If approved, the revised levy rate is expected to ease pressure on developers, lower overall construction costs, and stimulate investment in both priv...
The committee’s review highlighted the need for strict adherence to the hospital’s policies and procedures, ensuring that such irregularities do not u...
The change is aimed at attracting investment and encouraging deeper participation in Kenya’s financial sector.
Vice Chancellors and Principals were summoned to explain the use of hundreds of millions on Enterprise Resource Planning (ERP) systems that have not p...
President Ruto also witnessed the signing of strategic partnership agreements between KenInvest and three major Chinese institutions.
Critically ill patients are treated in general hospital wards, and the provision of essential emergency and critical care is limited.
Since May 2000, Kenya has been exempted from tariffs when exporting to the world's largest economy under the African Growth and Opportunity Act which...
The move was part of a dramatic trade policy overhaul he dubbed "Liberation Day," announced in a fiery address from the White House Rose Garden on Wed...
Besides the refinery deal, Uganda and UAE investors also signed five other agreements in various sectors.
The office, located at Nyali Centre on Links Road, marks SIB's second branch outside Nairobi as the bank celebrates its 30th anniversary this year.
Experts note that the investment slowdown over the past decade has been driven by reduced demand for transport equipment, machinery, and ICT equipment...
The committee recommended immediate payment of all valid pending bills after the auditor general had reviewed them.
However, the reduction in market concentration reflects investors' growing preference for diversifying their portfolios beyond the traditional blue-ch...
The committee's task includes identifying viable PPP projects, such as the expansion of the Jomo Kenyatta International Airport airfield.
Gathungu highlighted concerns over the improper utilisation of billions in loans and recommended measures to prevent avoidable financial burdens.
Residents of Nyama Villa Estate were woken early in the morning by the deafening sound of bulldozers and the presence of armed police officers.
Deputy Governor Flora Chibule announced that the new investments, backed by both local and international investors, are set to have a transformative i...
The National Assembly committee is now calling for greater transparency and oversight in KEMSA's distribution system.
Audits revealed troubling findings, such as numerous incomplete projects, significant pending bills, and delays attributed to contractors.
Despite Ngilu's absence, the Senate committee questioned former Kitui County Chief Officer of Trade and Investments, Justus Makau.
The Head of State emphasised the need for Africa to break away from the traditional multilateral funding systems, which he said have repeatedly failed...
Among the youths who do invest, the study notes that they venture mostly into business (42%) and farming (34%).
Ruto stated that this membership would allow Kenya to access concessional funding for a variety of development projects.
In November last year, the government unveiled the names of entities that would be handed over to private operators in the State privatisation program...
The Committee, chaired by Pokot South Member of Parliament David Pkosing, wants to discover why the steam plant has remained dormant for a decade.
What began as a promising financial opportunity soon spiralled into a disaster, leading to significant losses and a personal crisis.
It surpassed the foreign direct investments and other portfolio investments from Uganda, the immediate former leader who held Sh15.4 billion in the pe...
Though the country witnessed a 65 per cent per cent flow increase, the FDI inflow declined from $1.59 billion (205 billion shillings) in 2022 to $1.5...
Miano observed that despite the government disbursing money last month some counties were still below five per cent as far as construction is concerne...
