Mumias resumes sugar production after a two-month break Sugar miller Mumias has resumed operations after a two-month break in a move that is expected to raise the depleted national stock of sugar. The miller says it is producing up to 500 tonnes of the sweetener in…

Inflation eases to 6.87pc on rising food supply The Kenya National Bureau of Statistics (KNBS) data shows that inflation fell from an eight-month high of 7.08 per cent last month, helped by increased supply of food items due to the onset of heavy rains. May’s Inflation reduced to 6.87 per…

Safaricom backs down on unpopular change to tariff Safaricom has changed its mind about taking away all the unused airtime, SMS credits and data held by Karibu Postpay tariff users after May 26 this year. Subscribers can keep their accumulated bundles but any new ones purchased from May 1 will…

Ministry proposes VAT waiver to spur tea earnings The Ministry of Agriculture has proposed to waive value added tax (VAT) and reduce ad valorem levy charged on Kenyan tea in order to make the beverage competitive in the wake of a slump in world prices. Agriculture PS Sicily Kariuki indicated…

A bond is an instrument through which a government or corporate body can borrow money from the public with a promise to reimburse the investor. The money is borrowed for a fixed period of time and compensation made at a fixed interest rate. How Do They Work? An offer…

It’s now a matter of days to the close of the year and with November having come to an end let’s see how economically friendly November 2012 was.

Kenya National Bureau of Statistics (KNBS) is expected to release November’s rate of inflation any time today, Friday, November 30, 2012 with analysts predicting a drop of between 3.0 percent to 4.25 percent. As posted in the Star, all but one of the 11 analysts…

Bearing in mind all the different changes in price of consumer goods and services, this probably what to expect from KNBS soon to be relased CPI and overall inflation rate for November 2012