Tag "KNBS"

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Business highlights – January 15, 2018

Cost of fuel rises The Energy Regulatory Commission on Sunday revised the maximum cost of fuel drivers will pay at the pump upwards. According to the monthly review, super petrol

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Business highlights – December 29, 2017

Maize flour prices set to rise The price of maize flour is likely to rise above Ksh110 after Ministry of Agriculture Cabinet Secretary Willy Bett said a Ksh6 billion subsidy meant to

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Afternoon business highlights – December 22, 2017

2017 tough year for employers The Federation of Kenya Employers (FKE) has termed 2017 as a difficult year for employers citing severe drought, inflation, political tension and slowed economic growth

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Business highlights August 3 2017 – Agriculture Ministry, KNBS differ on maize price reports

Ministry, KNBS differ on maize price reports: The Ministry of Agriculture and the Kenya National Bureau of Statistics (KNBS) have given contradictory reports on the current prices of maize in

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Business highlights – Uber drivers threaten to go on strike over new pricing model

  Uber drivers threaten to go on strike over new pricing model Uber has introduced a low-cost option for customers willing to use older cars The firm’s drivers have vowed

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Business highlights – Majority of unlicenced businesses need Ksh50,000 or less to get off the ground

Majority of unlicenced businesses need Ksh50,000 or less to get off the ground The family remains the key financial support pillar for small firms Commercial banks lent micro, small and

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Business highlights – Congested job market spells doom for college graduates

Little hope for college graduates as formal sector fails to create new jobs in 2016 The Kenyan economy lost its job creation momentum for the first time in four years

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Reprieve for consumers as government directs retailers to lower maize flour prices

The government through the National Treasury has ordered business onwners to lower the price of maize flour with immediate effect failure to which the government will revearse the policy Kenya

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Business highlights – Wealthy Nairobians unfazed by high commodity prices as number of poor Kenyans continues to rise

Sugar prices likely to rise as cane poaching and drought put Nzoia Sugar on the brink of collapse Nzoia Sugar Company in Bungoma County faces collapse due to a sugar

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Business highlights – MPs reduce government spending for road and energy projects by Ksh5.5 billion

MPs cut back on spending for road and energy projects in new budget The country’s Budget and Appropriation Committee has cut Kenya’s infrastructure budget by Ksh5 billion Members of Parliament

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