Amina Bakari

National Treasury, CAK Convene Conference to Advance Fair Markets and Consumer Welfare

NAIROBI, June 4 — The National Treasury has reaffirmed its commitment to market deregulation, highlighting that eliminating restrictive trade practices could boost Kenya’s real GDP by 4.9 percent and formal employment by 2.6 percent by 2035. Speaking at the Research Conference on Competition and Consumer Welfare, National Treasury Principal Secretary Dr. Chris Kiptoo pledged continued financial and policy backing for the Competition Authority of Kenya (CAK). The government has invested over Sh8 billion in the regulator since 2011 to curb unfair trade practices, dismantle public procurement bid-rigging schemes, and expand market oversight into emerging digital economies and artificial intelligence.

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Jubilee Leaders Warn of National Stability Risks, Call for Rejection of Finance Bill 2026

The Jubilee Party has accused the government of economic mismanagement and rising fuel costs, warning that Kenya is “walking into a crisis.” Party leaders led by Fred Matiang’i have called for the rejection of the Finance Bill 2026, citing worsening cost of living, alleged governance failures and growing public anger over transport disruptions.

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Ex-Director Blamed as KRA Pursues Oki General Trading Over Sh827 Million Tax Dispute

Former Oki General Trading director Honey Khatwani, who has been linked to transactions at the centre of a Sh827 million tax dispute involving the Kenya Revenue Authority (KRA). Former Oki General Trading director Honey Khatwani has been blamed for the tax troubles facing the company after the Kenya Revenue Authority (KRA) demanded Sh827.4 million in…

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