KRA eases eTIMS rule for 2025 tax returns,but only for a yearThe Kenya Revenue Authority (KRA) has eased a requirement that had unsettled many business owners. As they file their 2025 tax returns ahead of the June 30, 2026 deadline, […]
KRA eases eTIMS rule for 2025 tax returns,but only for a yearThe Kenya Revenue Authority (KRA) has eased a requirement that had unsettled many business owners. As they file their 2025 tax returns ahead of the June 30, 2026 deadline, […]
Treasury Cabinet Secretary John Mbadi, while presenting the 2026/27 Budget, told Parliament that Kenya faces an infrastructure financing gap of about USD 5 billion annually a shortfall that the national budget cannot bridge on its own. His answer signals a […]
Treasury Cabinet Secretary John Mbadi, while presenting the 2026/27 Budget, told Parliament that Kenya faces an infrastructure financing gap of about USD 5 billion annually a shortfall that the national budget cannot bridge on its own.His answer signals a deliberate […]
SpaceX is set to make its stock market debut on June 12, 2026, with shares expected to be priced at $135 each, valuing the company at roughly $1.77 trillion and making it the largest IPO in history.At $1.77 trillion, SpaceX […]
The Central Bank of Kenya left its benchmark rate unchanged at 8.75% on June 9, extending the pause that began in April as policymakers balance rising inflation risks against the need to support economic growth. The main concern is fuel […]
For more than a year, the Central Bank of Kenya was on a steady easing cycle, cutting the interest rate from 13% at the start of 2024 to 8.75% in a bid to revive private sector credit growth. Then, in […]
The government wants to start earning money from non-personal data collected through platforms such as eCitizen and other public agencies. Under a proposed National Data Governance Policy, a State run marketplace would be created where businesses, researchers, NGOs and innovators […]
Banks are holding an estimated Sh5.7 trillion worth of assets as security against loans, according to data from Kenya’s largest lenders. That amount is about 1.5 times (Sh3.6 trillion) the value of the loans they have issued, showing that collateral […]
Two Rivers International Financial and Innovation Centre (Trific) and Nabo Capital have set aside Sh517.8 million to buy units from investors who want to exit its Sh4.8 billion dollar denominated Income Real Estate Investment Trust (I-REIT). The fund will act […]
The Kenya Revenue Authority (Amendment) Bill, 2026 proposes to give KRA the power to recover pension contributions that employers deduct from workers’ salaries but fail to remit to retirement schemes. The change would place these arrears under the Kenya Revenue […]