Economy

A decision by Treasury Cabinet Secretary John Mbadi to lower VAT on fuel to 8 per cent is now facing legal scrutiny. In a gazette notice issued on April 15, Mbadi reduced VAT from 13 per cent to 8 per cent—just a day after an earlier cut from 16 per …

Livestock PS Jonathan Mueke has revealed that Kenya’s appetite for pork is almost twice the country’s current production, highlighting a major supply gap in the livestock sector. According to Mueke, demand in 2025 reached about 38,500 metric tonnes, while local production stood at just 23,000 metric tonnes. He noted that …

EPRA has announced a drop in fuel prices, cutting the cost of Super Petrol by Sh9.37 and diesel by Sh10.21 per litre after a reduction in Value Added Tax (VAT). In the new pricing, Super Petrol will retail at Sh197.60 per litre, while diesel will go for Sh196.63, with kerosene …

Siaya Governor James Orengo has strongly condemned the latest fuel price increases by the Energy and Petroleum Regulatory Authority (EPRA), accusing the agency of lacking transparency and disregarding the public. In his statement, Orengo argued that the regulator raised fuel prices without clearly explaining how the new rates were determined, …

Matatu operators have announced a 30% increase in fares effective today, April 15, following a sharp rise in fuel prices, a move set to push commuting costs higher across the country. Speaking on Tuesday, Matatu Owners Association chairman Albert Karakacha said the decision was driven by the latest fuel price …

Kenya has announced a fresh review of petroleum pump prices, with motorists set to pay significantly more for Super Petrol and Diesel in the latest monthly pricing cycle. In a statement issued in line with Section 101(y) of the Petroleum Act 2019 and Legal Notice No.192 of 2022, the revised …

The Central Bank of Kenya has approved 32 additional Digital Credit Providers (DCPs), increasing the total number of licensed digital lenders in the country to 227. In a statement released on Tuesday, the regulator said the move is part of ongoing efforts under Section 59(2) of the CBK Act to …

The Kenya Revenue Authority has announced a vacancy for the position of Commissioner General following the exit of Humphrey Wattanga. In a notice, KRA said the successful candidate will be responsible for overseeing daily operations, managing the Authority’s resources, and providing strategic leadership to staff while ensuring the institution meets …

Agribusiness firm Sasini Plc has put its Nairobi-based avocado processing plant on the market, pointing to a possible change in its diversification strategy. In a public notice, Sasini Avocado EPZ Limited said the facility can process up to eight tonnes per hour and features modern infrastructure, including cold storage capable …

Agriculture and Livestock Development Cabinet Secretary Mutahi Kagwe has stepped up efforts to reform the agricultural sector, urging swift legislative action to cut reliance on food imports while boosting local production and exports. Speaking during a high-level meeting that brought together State Agencies and Agriculture Committees from both the National …