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HomeDaily NewsFriday, July 31, 2026State Moves to Revive Kwale Sugar Miller - July 2026
Business & Economy3 stories from 2 sources

State Moves to Revive Kwale Sugar Miller - July 2026

The Kenyan government is taking decisive action to revive the Kwale International Sugar Company Limited (KISCOL), a major agricultural investment that has faced significant operational challenges. The Kenya Revenue Authority is intensifying its crackdown on tax evasion through digital reforms and stricter compliance measures to foster a fairer business environment. Kenya's inflation rate has climbed to 6.5 percent in July, marking the second consecutive month above the 6 percent threshold, primarily driven by increased costs for food and electricity.

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Thursday 8:39 PMNation BusinessFirst

State moves to revive Kwale sugar miller

State moves to revive Kwale sugar miller

The Kenyan government is taking decisive action to revive the Kwale International Sugar Company Limited (KISCOL), a major agricultural investment that has faced significant operational challenges.

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Key Highlights

The Kenyan government is taking decisive action to revive the Kwale International Sugar Company Limited (KISCOL), a major agricultural investment that has faced significant operational challenges.

  • The project, valued at an estimated Sh52 billion, has the potential to reduce Kenya's sugar import reliance at full production.
  • Agriculture Cabinet Secretary Mutahi Kagwe, with the full backing of President William Ruto, is leading the
Friday 1:54 PMCapital Business

Kenya’s July inflation rises to 6.5pc as food, electricity costs increase

Kenya’s July inflation rises to 6.5pc as food, electricity costs increase

Kenya's inflation rate has climbed to 6.5 percent in July, marking the second consecutive month above the 6 percent threshold, primarily driven by increased costs for food and electricity.

Read Story

Key Highlights

Kenya's inflation rate has climbed to 6.5 percent in July, marking the second consecutive month above the 6 percent threshold, primarily driven by increased costs for food and electricity.

  • The Kenya National Bureau of Statistics (KNBS) reported the rise from 6.4 percent in June.
  • Key drivers include rising prices in the Food and Non-Alcoholic Beverages, Transport, and Housing, Water, Electricity, Gas and Other Fuels sectors.
  • Despite stable fuel prices and a decrease in cooking gas costs, consumers faced higher electricity tariffs and increased prices for certain food items like Irish potatoes, beef, and mangoes.
Friday 2:30 PMCapital Business

KRA steps up crackdown on tax evasion with digital reforms

KRA steps up crackdown on tax evasion with digital reforms

The Kenya Revenue Authority (KRA) is intensifying its crackdown on tax evasion through digital reforms and stricter compliance measures to foster a fairer business environment.

Read Story

Key Highlights

The Kenya Revenue Authority (KRA) is intensifying its crackdown on tax evasion through digital reforms and stricter compliance measures to foster a fairer business environment.

  • The KRA aims to widen the tax base and improve tax administration, ensuring businesses compete under the same tax rules.
  • Key figures include KRA Commissioner General Adan Mohammed, who emphasized the need for a level playing field.
  • Digital reforms include integrating the Integrated Customs Management System (iCMS) with the iTax platform and reducing VAT refund processing time to under 10 minutes.
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