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Category: Economy

Jun 18
Major Win for Kenyans as Gov’t Removes Controversial Tax Proposals in Finance Bill 2024.

Kenyans have been granted relief after the government dropped a raft of controversial proposals contained in the Finance Bill 2024, set to be tabled in the National Assembly on Tuesday afternoon. Following sustained public pressure, the government has withdrawn several key proposals. Top among these was a plan to impose a 16 percent Value Added […]

Jun 03
President Ruto Waives Ksh 171 Million Coffee Debt, Boosting Embu County Farmers.

In a landmark decision set to rejuvenate the coffee industry in Embu County, His Excellency President William Samoei Ruto has announced a substantial waiver of coffee loans. The total waiver for Embu County amounts to an impressive Ksh 171 million, which was owed to the Commodities Fund by the local coffee mill. This move has […]

May 21
Relief for Coffee Farmers as President Ruto Announces Ksh6 Billion Debt Write-Off.

    President William Ruto has announced plans to write off Ksh6 billion in debt held by coffee farmers, aiming to rejuvenate the struggling sector and improve the livelihoods of over 600,000 farmers. Speaking to Kenyans residing in the United States, Ruto stated, “In the next Cabinet meeting, we will approve a write-off of Ksh6 […]

Apr 14
Relief for Kenyans as EPRA announces a further drop in petrol, diesel, and kerosene prices.

Kenyan consumers have reason to rejoice as the Energy Petroleum Regulatory Authority (EPRA) recently announced a significant reduction in the prices of super petrol, diesel, and kerosene. This move comes as a welcome relief amid the ongoing economic challenges faced by many households across the nation.   In its latest monthly price review, EPRA revealed […]

Mar 05
More pain for Kenyans as gov’t increases ID, passport charges.

Kenyans seeking services at the Department of Immigration and Citizen Services will part with more after the Ministry of Interior effected new charges effective March 1.   The revised fees, charges and levies on services offered by the Department of Immigration and Citizen Services published on November 14, 2023, have taken effect.   In a […]

Feb 29
“Empowerment Unleashed: Join Deputy President Rigathi Gachagua at the Kujituma Farmers Programme in Embu County!”.

The agricultural community is abuzz with anticipation as the Kujituma Farmers Empowerment Programme gears up to host Deputy President Rigathi Gachagua. This transformative event, slated for Saturday, March 2nd, 2024, promises to be a cornerstone in the journey towards empowerment and prosperity for participating groups.   At the heart of this groundbreaking initiative are the […]

Feb 22
Embu-Runyenjes 1st Bus Park Upgrade Promises Boon for Commerce and Commuters!.

In a bid to revamp transportation infrastructure and spur economic growth, the bustling town of Embu Runyenjes is witnessing a monumental transformation. The once dusty and congested 1st Bus Park exit road is now undergoing a remarkable upgrade to bitumen standard, promising unparalleled benefits for both traders and commuters alike.   This ambitious project aims […]

Jan 23
Infotrak Report: 48% of Kenyans Struggle with Soaring Stress Amid Economic Hardships.

A recent Infotrak report uncovers the widespread emotional distress experienced by nearly half of Kenya’s population, as a consequence of relentless economic challenges. The findings reveal that 48% of Kenyans are grappling with heightened stress and anxiety, predominantly triggered by the soaring cost of living. Notably, economic hardships have also impacted personal relationships, affecting 32% […]

Dec 01
“KNBS Report Highlights Drop in Unga, Electricity, and Essential Commodity Prices”.

The Kenya National Bureau of Statistics (KNBS) released a report on Thursday indicating that the prices of essential items experienced fluctuations in November compared to October. The report highlighted that eight basic commodities showed a decline in prices during this period.   Notably, maize flour (2-kilogram packet) saw a significant drop of 6.5 per cent, […]

Nov 08
“My hands are tied”, President Ruto says on rising cost of fuel.

President William Ruto now says his hands are tied over the rise in fuel prices in the country. In a parliamentary group meeting convened by President Ruto as the party leader of UDA and the Kenya Kwanza Coalition attended by over 200 MPs, the reality of the high cost of living which has largely been […]