Topic: GDP
KRA reports significant shortfall in revenue collection for Fiscal Year 2023/24
Feb 19, 2024 at 11:16 AM
Kenya Revenue Authority (KRA) faced a significant shortfall in revenue collection, reporting a total of Sh1.27 trillion in the first half of the financial year 2023/24, ending in D...
Economic woes, parliamentary drama unfold as NG-CDF funds remain elusive
Dec 06, 2023 at 11:20 PM
In a heated session before the Finance Parliamentary Committee on Wednesday, Treasury Cabinet Secretary Njuguna Ndung'u disclosed the challenges facing the government in releasing ...
NCBA fetes dealers, insurance agents, brokers in 17th edition of Johari Awards
Nov 27, 2023 at 11:15 AM
In a dazzling event held at NCBA House, the NCBA Group marked the 17th edition of the Johari Awards, a testament to the institution's enduring success in Kenya's financial landscap...
Kenyan businesses struggle as tax compliance drops to 15 per cent
Oct 20, 2023 at 03:02 PM
Statistics obtained from the Kenya Revenue Authority (KRA) reveal a troubling economic landscape for Kenyan businesses, as an alarming 85 per cent of companies operating in the cou...
Data-driven compliance key to Africa's mobile money and remittance growth
Sep 11, 2023 at 11:56 AM
The market for digital financial services in Africa is undergoing a significant expansion, presenting opportunities and challenges for the continent's economic development....
William Ruto: Every Kenyan with an ID card should have a KRA PIN number
Oct 28, 2022 at 05:31 PM
President William Ruto has said all Kenyans above the age of 18 should have the Kenya Revenue Authority (KRA) Personal Identification Number (PIN)....
William Ruto: Government should never borrow to finance recurrent expenditure
Sep 29, 2022 at 05:55 PM
President William Ruto has said the government should not borrow money to finance recurrent expenditures....
Kenya's economy grew by 10 per cent in second quarter of 2021 - KNBS
Nov 11, 2021 at 08:16 AM
The country’s GDP has realized a 10.1 per cent growth during the second quarter of the financial year as the economy has sprung back to life....
Jumia's first Africa E-Commerce Index shows shift in online consumer behaviour
Oct 28, 2021 at 10:42 AM
COVID-19 led to a surge in the use of digital solutions, including e-commerce. This was particularly demonstrated with domestic sales rather than cross-border e-commerce. ...