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Kenya Revenue Authority (KRA) is hot on the heels of Estama Ltd, seeking to freeze seven bank accounts linked to the firm that was the biggest beneficiary of the scam after receiving Sh1 billion of the cash meant for expectant mothers and newborns.

Kenya's fourth largest oil marketer Gulf Energy now says it does not owe Uganda Revenue Authority (URA) a penny in tax arrears as alleged on its portal.

A key factor in Kenya’s success has been currency stability.

More than half of non-trade barriers set by foreign countries against South Korea came from China, the Seoul government

South Korea and the United States held a follow-up meeting on the bilateral free trade pact amid rising concerns over re

Nintendo is unveil its new Switch game console Friday as it looks to offset disappointing Wii U sales and go head to head with rival Sony’s hugely popular PlayStation 4. The hybrid device — it can be played at home and on the go — comes as Nintendo dips its ...

The first of 100 Airbus planes that Iran purchased following its nuclear deal with world powers arrived in Tehran on Thursday, heralding a new chapter for the country’s aging and accident-prone fleet after years of sanctions. The Iran Air A321 jet touched down after a flight from Toulouse, France, where ...

Republican President-elect Donald Trump on Thursday urged people to buy from outdoors retailer L.L. Bean — even though many of its products are made in China — as it faces calls for a boycott because of a company heiress’ donations to his candidacy. Trump, in tweeting the endorsement, garnered criticism ...

McDonald’s Corp. has organized a primary tender to sell a major stake in its Japan unit McDonald’s Holdings Co. (Japan), sources said Thursday. The global fast-food chain owns roughly 50 percent of the unit, of which up to 33 percent will be sold. The sources said the value of the ...

The U.S. government accused Fiat Chrysler on Thursday of failing to disclose software in some of its pickups and SUVs with diesel engines that allows them to emit more pollution than allowed under the Clean Air Act. The Environmental Protection Agency issued a “notice of violation” to the company that ...