Economy

KRA Updates Car Tax Rules Amid Rising Import Duties

The Kenya Revenue Authority (KRA) has provided clarification on its rollout of a newly updated Current Retail Selling Price (CRSP) list for used vehicles—the first major revision since 2019. Click here to join our WhatsApp Channel This update, introduced after a six-year pause, aims to reflect changes in Kenya’s automotive …

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Kenya Loses Sh800 Billion Annually to Counterfeits, New Report Shows

Kenya is losing an estimated Sh800 billion every year due to counterfeit goods, a new report has revealed. Click here to join our WhatsApp Channel The Anti-Counterfeit Authority (ACA) attributes this figure to roughly 9% of all illicit trade in the country, according to findings from the 2025 Consumer-Level Survey …

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Ruto Pledges Sh1B for Usenge Pier Upgrade

President William Ruto has announced that the government will invest Sh1 billion in upgrading the Usenge Pier and its supporting port infrastructure in Siaya County as part of efforts to stimulate the blue economy. Click here to join our WhatsApp Channel Hosting Siaya leaders and business figures at State House …

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Equity Unveils Whistleblower Campaign to Curb Internal Misconduct

Equity Group has launched a public whistleblower initiative to enhance transparency and accountability and tackle unethical behavior and conflicts of interest within the organization. Click here to join our WhatsApp Channel The bank has shared dedicated whistleblowing contact details on its official Facebook and X (formerly Twitter) pages, encouraging the …

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Shell Launches Upgraded Fuels in Kenya

Vivo Energy Kenya, the official distributor of Shell products in the country, has unveiled a new range of advanced Shell fuels designed to reshape the local fuel industry. Click here to join our WhatsApp Channel The upgraded fuel lineup—Shell V-Power Unleaded, Shell FuelSave Unleaded, and Shell FuelSave Diesel—features enhanced cleaning …

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Kenya’s Flower Exports Set to Surge to $851 Million in 2025

Kenya’s flower exports are expected to grow to 110 billion Kenyan shillings (around 851 million U.S. dollars) in 2025, up from 835 million dollars in 2024, according to a trade body. Click here to join our WhatsApp Channel Clement Tulezi, CEO of the Kenya Flower Council, told media in Nairobi …

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Meet Fred Olingo, Man Making Millions from Recycling Plastic Waste

Plastic pollution remains a growing issue in Kenya, particularly in urban centres and coastal regions. Click here to join our WhatsApp Channel The country currently produces around 966,000 tonnes of plastic waste annually—a figure expected to rise to five million tonnes by 2030, according to UNCTAD. Yet only 8–10% of …

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Muguka Farmers Protest Bill Seeking Tighter Regulation of Crop

Muguka farmers and traders from the Mt Kenya region are opposing a proposed bill in Parliament that seeks to remove the crop from the list of scheduled crops and introduce tighter controls on its production and sale. Click here to join our WhatsApp Channel The Crops (Amendment) Bill, introduced in …

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KRA Sets Vitz at Sh3.4M, CX-5 at Sh6.8M in New Import Rates Starting July 1

The Kenya Revenue Authority (KRA) has announced that new Customs Reference Selling Prices (CRSP) for imported used vehicles will take effect on July 1. Click here to join our WhatsApp Channel In a public notice, the authority stated that the updated CRSP will guide the determination of customs value for …

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Leasing Sugar Mills Crucial for Farmers’ Success, Says President Ruto

President William Ruto has defended the government’s move to lease four state-owned sugar mills, describing it as a critical step toward enhancing efficiency, restoring profitability, and protecting farmers’ livelihoods. Click here to join our WhatsApp Channel Speaking during the 62nd Madaraka Day celebrations in Homa Bay County, Ruto emphasized that …

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