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The high cost has been precipitated by a sharp decline in supply.
Deal marks one of the largest transactions in the industry in recent years.
State firm freezes tendering for the job which was to cover 15 kilometres.
Dock Workers Union asks MPs to probe the firm and wants it banned from port.
Recently, snails have, in their thousands attacked rice fields at the Mwea Irrigation Scheme.
Caxton Masudi, the Deputy Commissioner for Policy and Tax Advisory at KRA says the taxman has enough footprint to bring in additional revenue even in these times.
The private equity space in Kenya has become increasingly vibrant as companies seek to raise capital through avenues other than going public on the securities exchange.
Agriculture Cabinet Secretary Peter Munya gives details on the government's plans on the leasing of the five State-owned sugar mills.
KRA is implementing a data-driven VAT Compliance Strategy.
An EAC digital financing ecosystem would expand the market for financial solutions.
We need to identify the most innovative, scalable solutions and support them to increase their impact.
Valuing collaboration, respect, and professionalism may keep poor staff attitudes in check.
Recently, she was appointed Regional Director of sub-Saharan Africa at IFPI.
The former chief manager in-charge of strategy and business takes over the corner office of the sacco ending nearly two months where he has held the position in an acting capacity.