By CONSTANT MUNDA Tax collections for five months through November fell Sh100.72 billion compared with a similar period a year ago, reflecting the impact of Covid-19 economic hardships that triggered a fall in company earnings, layoffs and cuts on levies. Data published by Treasury secretary Ukur Yatani Friday showed the Kenya Revenue Authority (KRA) collected

The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, December 16, 2020. REUTERS/Staff/File Photo By Huw Jones LONDON (Reuters) – European shares were mixed early on Friday, capping the last full trading week of the year with investors still on edge over a Brexit trade deal and U.S.

Liz Truss outside Downing Street in February. Photograph: Peter Nicholls/Reuters By Damien Gayle and Peter Walker Figures revealed as international trade secretary is poised to announce equalities shift Labour has accused Liz Truss of setting an “appalling standard” on equality in government after it emerged that of more than 250 trade advisers she has appointed,

Britain’s Home Secretary Priti Patel is seen outside 10 Downing Street London, Britain, January 21, 2020. REUTERS/Henry Nicholls LONDON (Reuters) – The United Kingdom will work flat out for a Brexit trade deal and the two sides are in “tunnel” negotiations but if a deal with the European Union is not possible then the country will

There is a “path to an agreement now,” the EU Commission president said Wednesday morning, renewing hope in a possible post-Brexit trade deal between the UK and EU before the transition period ends. Ursula von der Leyen said she could still not guarantee “whether there will be a deal or not” but “the path may

Miraa farmers will have to wait longer before they regain access to the Sh16 million-a-day Somalia market following the latest move by the Horn of Africa State to severe diplomatic ties with Kenya. The diplomatic row comes at a time when Kenya, through the Ministry of Foreign Affairs has been engaging with their Somalia counterparts

Plans to construct a railway line linking Jomo Kenyatta International Airport to Nairobi’s city centre are back on track after Kenya secured Sh14 billion loan from the French government. Transport Cabinet Secretary James Macharia told the Business Daily in an interview Friday that a commercial agreement to construct the five-kilometre line have been closed, setting

Crown Prince of Saudi Arabia Mohammad bin Salman is welcomed by Prime Minister of Pakistan Imran Khan ahead of their meeting in Islamabad, Pakistan on February 17, 2019 [Bandar Algaloud/Saudi Kingdom Council/Handout – Anadolu Agency] China has agreed to bail out Pakistan by providing it with $1.5 billion to help to repay a $2 billion

By John Chalmers BRUSSELS (Reuters) – London and Brussels face a make-or-break decision on an elusive trade agreement on Sunday, after a week of tension and deadlock that left a tumultuous ‘no deal’ exit for Britain from the European Union’s orbit on Dec. 31 looking more likely than not. Negotiators have until the evening to

Saint Kitts and Nevis are a pair of tropical islands in the Caribbean. By ALLAN OLINGO Wealthy Kenyans have stepped up the search for a second passport in the exclusive small Caribbean island nations of Dominica and St. Kitts and Nevis amid anxieties about the next elections and the effects of Covid-19 on the economy.