- According to data from KRB, the 39.0 percent increase in fuel levy to Sh25.0 per litre is expected to grow annual collections to Sh122 billion from the previous average of Sh80.0 billion.
- Kenya relies on imports to meet more than three-quarters of its demand for wheat, which is used in baking food such as bread, chapati, and cakes which form part of daily meals for households.
- Increased borrowing from the local market will be coming at a time when interest rates are on a decline, following interventions from the Central Bank of Kenya (CBK).
- The focus on tax cheats has seen KRA start integrating its system with banks, money remittance firms and payment service providers in efforts to weed out tax evaders and boost revenue.
- The increased use of PPPs to finance infrastructure projects is aimed at reducing the use of debt and taxes to build roads, airports, power plants and electricity transmission lines
- Over the nine months to March, Nairobi recorded the highest payment of pending bills at Sh5.9 billion, followed by Turkana which settled pending bills valued at Sh2.69 billion.
- The iTax platform has always involved a rigorous sign in process, including solving an arithmetic problem to prove humanity, and in most cases changing the password and security questions...
- Other African countries already on the list include Burkina Faso, Cameroon, the Democratic Republic of Congo, Mali, Mozambique, Nigeria, South Africa, South Sudan and Tanzania.
- The court issued the order even as it held that the bank’s former receiver, Kenya Deposit Insurance Corporation (KDIC), could not be held liable for liabilities of the lender.
- 'The Kenya Shilling is expected to remain stable, consistent with the expected stability in the current account balance, and build up in CBK foreign exchange reserves.'
- LTWP, located in Loiyangalani, Marsabit County is the biggest wind power plant in Africa and is one of the major plants supplying electricity to Kenya Power.
- Kenyan textile artist Agnes Waruguru and Sudanese painter Amani Azhari are using visual art to reflect on climate, healing, and the intimate lives of women across borders.
- Data by the CoB shows that eight counties borrowed Sh3.96 billion during the first nine months of the current financial year, marking an over three-fold rise from the Sh914.3 million borrowed by...
- As Kenya’s economic landscape evolves, the Finance Bill, 2025 signals a deliberate policy shift aimed at revenue generation, investment realignment, and long-term sustainability.
- Africa must begin to define its own energy future. This is not a rejection of global collaboration, but rather a call for genuine partnership built on context and mutual respect.
- If Kenya is to strengthen financial inclusion and build a more stable credit market, we must move beyond compliance checklists and ask harder questions about borrower behaviour, motivation, and...
- Born on March 15, 1943, in Texas, Sylvester Stewart grew up in North Carolina where he fell in love with music as a young boy as his parents played a variety of instruments.
- Falling interest rates have allowed the government to borrow from the domestic credit market at relatively cheaper rates easing pressure on debt servicing costs.
- Kenya’s debt has quadrupled in the last 10 years to Sh11.35 trillion (70 percent of GDP) in March from Sh2.84 trillion (49.75 percent of GDP) in June 2015 with debt repayments starving other...
- The cuts on secondary education funding include Sh3 billion spending towards capitation, a Sh2 billion cut in Junior Secondary School funding and Sh250 million cut in ICT integration projects in...
- KPC is a 100 percent owned by the government, while taxpayers control a 35 percent shareholding in Safaricom worth nearly Sh334.44 billion after selling a 25 percent stake to investors via an...
- 'Last year’s process was marked by some bit of arrogance from the National Assembly. We processed the Finance Bill without taking the views of Kenyans who were opposed to its punitive taxation...
- MTN’s shares are currently trading at 269 Ugandan shillings (Sh9.67), having gained from the 2021 initial public offering (IPO) price of 200 shillings (Sh7.19).
- Consolidated Bank has been in the red for the last 9 years with losses wiping out its core capital to negative Sh731 million at the end of December 2024.
- While still relatively underutilised in the country, M&A offers a structured path for companies to restructure debt, preserve operations, and protect stakeholder interests.
