Wednesday, September 19, 2018
KRA intercepts

KRA intercepts new consignment of narcotics at JKIA

Kenya Revenue Authority (KRA) has intercepted narcotics at the Jomo Kenyatta International Airport (JKIA). The narcotics were concealed in a package of vitamin tablets that consisted of 26 vape cartridges filled with cannabis oil and...
A worker at ARM cement

Athi River Mining (ARM) cannot pay back its debts

Investors who lent Athi River Mining (ARM)money may be left with losses after ratings agency predicted the cement maker will continue defaulting on its obligation. South African agency, Global Credit Ratings downgraded ARM on Friday...

Inflation rises just before new taxes kick in

The cost of basic items may hit a 5 percent increase this month following new tax adjustments that kick in on August 1. Read also:  Kenya’s economy likely to grow beyond Treasury forecast, says CBK ...
Kenya Power tarrifs

Forget it, energy bills will be way costlier

Energy tariffs review in Summary: Energy Regulatory Commission (ERC) has increased the energy tariffs by more than four times. The 1st 10 units (KWh) of energy consumed by domestic consumers will cost Sh12...

Racist claim threatens to lock Chandarana out of business

In an unprecedented move on Sunday, Nairobi governor, Mike Sonko revoked all licenses for Chandarana Food Plus supermarket, this drastic move followed claims that the chain was favoring white people. Through an email allegedly sent...