saccoreview - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

Firms absorb rising costs in a bid to retain customers

Sacco ReviewAugust 27, 2026August 27, 202603 mins

Kenyan businesses are increasingly absorbing rising production and operational costs as they seek to retain customers amid growing price sensitivity and weakening purchasing power. The strategy is intended to protect sales volumes and prevent customers from switching to cheaper alternatives, but it is putting pressure on firms’ profit margins as fuel, transport, energy and raw…

KRA launches new Service Center at Malaba to curb smuggling and increase revenue

Sacco ReviewOctober 17, 2024October 17, 202405 mins

The Kenya Revenue Authority (KRA) collected Sh946 million from taxes in the Western region last month following a raft of measures to curb smuggling of goods through the porous borders of Uganda and Tanzania. Through enhanced surveillance and enforcement in the region which covers ten counties, the taxman generated more revenue from customs at the Malaba,…