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CBK Governor KAMAU THUGGE struggles to explain how he will lower the prices of basic commodities despite RUTO's 16% VAT on fuel - Vimarsana News

CBK Governor KAMAU THUGGE struggles to explain how he will lower the prices of basic commodities despite RUTO's 16% VAT on fuel

Friday, June 30, 2023 - The Central Bank of Kenya projected an inflation rate drop by the end of August or September 2023, offering the Kenya Kwanza a boost in its efforts to reduce the high cost of living.  In a statement, CBK Governor Kamau Thugge projected inflation to drop after a slight increase in July.…

CBK unperturbed by VAT hike on fuel, predicts growth above 5pc - Vimarsana News

CBK unperturbed by VAT hike on fuel, predicts growth above 5pc

The Central Bank of Kenya (CBK) new governor Dr Kamau Thugge projects inflation rate to subside to within medium term target by end of the third quarter.

Source: kbc.co.ke
Brace for hard times for the next two years - Vimarsana News

Brace for hard times for the next two years

Prime CS Musalia Mudavadi has once again defended the Kenya Kwanza government against accusations it has made the Kenyan economy worse than it found it.

Railway levy cuts save taxpayers Sh3.6 billion - Vimarsana News

Railway levy cuts save taxpayers Sh3.6 billion

Taxpayers will save about Sh3.6 billion every year following the proposal to reduce Railway Development levies.

How pump prices will look after President Ruto's 16pc VAT - Vimarsana News

How pump prices will look after President Ruto's 16pc VAT

Pump prices will nearly breach the Sh200 per litre mark if Parliament approves a proposal to double Value Added Tax (VAT) on fuel.