ELIZABETH KIVUVA

Business Writer

BIO: The Star business reporter

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Banks vows not to hike rates if cap repealed in March next year

The proposal calls for consideration to allow on credit pricing based on individual risk.

Safaricom added Sh601 billion to the economy, driven by 1M jobs created

The economic contribution was supported highly through the creation of jobs.

Intra-African trade declines to 14.4 per cent - AfDB

By comparison, inter-regional trade in Asia accounts for 59 per cent of total trade.

Centum sells 100% of alcoholic firm to Danish EA

King Beverage Limited has been the distributor of global brand, Carlsberg beer since 2016 in East Africa.

KCB to close NBK and Imperial deals in two weeks time

The lender with largest asset value and capital is focused on expansion through acquisitions.

KCB half-year net profit increases by 5% to Sh12.7bn

Net interest grew by five per cent to Sh25.4 billion from Sh24.1 billion.

Petrol and diesel prices decline

Super petrol and diesel prices declined by Sh2.86 and Sh3.28 per litre respectively.

KRA points to economy changes as worry to meet target

Some companies laying off as a result of digitisation would reduce revenues collected as PAYE

Relief for motorists as fuel price slashed

Poor households will suffer as the price of kerosene was increased by Sh1.98.

KRA warns tax evaders of tough measures in new strategy

KRA prosecuted 223 individuals and expects to prosecute another 600 this year.

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