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Return of mass action spooks business activity in key towns
The assent of the Finance Act 2023 - which has seen a hike in taxes on fuel - has emboldened the opposition. Traders fear any sustained unrest that will disrupt business activities.
By Brian Ngugi and Macharia Kamau 4 months ago
Return of mass action spooks business activity in key towns
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Ndung'u defends tax pain, seeks your help to lift up the hustlers
Treasury CS Njuguna Ndungu, while presenting the Budget Statement to Parliament yesterday, defended the road map that also includes a mix of new controversial proposed taxes on various sectors.
By Brian Ngugi and Macharia Kamau 5 months ago
Ndung'u defends tax pain, seeks your help to lift up the hustlers
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Ndung'u walks tight rope in bid to finance Sh3.6 trillion budget
Treasury needs tax revenue to spur the economy amid cries of the high cost of living. The government has indicated it could back down on some proposals in Finance Bill 2023.
By Brian Ngugi and Macharia Kamau 5 months ago
Ndung'u walks tight rope in bid to finance Sh3.6 trillion budget
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'We are losing Sh3 billion on protest days, investors lament
Hard hit areas are Nairobi and Kisumu cities as well as the neighbouring towns. Looking at similar protests in the past, economists say the economy could take a big hit if they go on.
By Brian Ngugi and Macharia Kamau 7 months ago
'We are losing Sh3 billion on protest days, investors lament
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Tactical retreat? State back-pedals on tax, subsidy plans amid public outcry
President William Ruto's Kenya Kwanza administration faces the dilemma of trying to reduce the cost of living amid strained public finances and the need for long-term economic reforms.
By Brian Ngugi and Macharia Kamau 9 months ago
Tactical retreat? State back-pedals on tax, subsidy plans amid public outcry
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Ruto's Sh26b cheap power dilemma as cost of living crisis rages
IMF cautioned the state against further cuts in power prices unless backed by a verifiable reduction in costs within the sector
By Brian Ngugi and Macharia Kamau 11 months ago
Ruto's Sh26b cheap power dilemma as cost of living crisis rages
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Nearly half of Hustler Fund borrowers are yet to repay
Defaulters of the Hustlers fund risk higher interests as well as the freezing of their accounts.
By Brian Ngugi and Macharia Kamau 11 months ago
Nearly half of Hustler Fund borrowers are yet to repay
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William Ruto's hustler loans takes shape, to be pegged on savings
Kenyans will be required to make regular savings to access the much awaited Hustler Fund to help small and micro enterprises access affordable capital.
By Brian Ngugi and Macharia Kamau 1 year ago
William Ruto's hustler loans takes shape, to be pegged on savings
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Kenya oil plan back on track as firms set to seal sale deal
Tullow Oil is the current operator of the project with a 50 per cent stake, while partners Africa Oil Corporation and French Total Energies SE hold 25 per cent each.
By Brian Ngugi and Macharia Kamau 1 year ago
Kenya oil plan back on track as firms set to seal sale deal
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