News

Kenya attracted a record $3.2 billion, about Sh414 billion, in foreign direct investment in 2025, marking its strongest annual performance as global investors increased bets on the country’s digital economy, clean energy, financial services and manufacturing. Figures from the United […]

The Sacco Societies (Amendment) Bill, 2025 has sparked debate online, with some arguing that the proposed central liquidity structure could allow government to access more than Sh1 trillion in SACCO member savings for infrastructure projects but a closer reading of […]

Kenya has been selected as the location for Dangote Group’s planned 700,000 barrel per day oil refinery, ending months of speculation over whether the mega project would be built in Kenya or Tanzania. The refinery will be based in Lamu, […]

The Nairobi Securities Exchange gave investors the best returns in the first half of 2026, beating fixed income, bank deposits, money market funds and property. Gains were led mainly by banking stocks and Safaricom, as stronger dividend demand drew more […]

Kenya’s fast growing special funds market has come under closer regulatory watch after the Capital Markets Authority raised concerns over how some fund managers are marketing the products to investors. According to an exclusive report by Business Daily, CMA held […]

The Kenya Revenue Authority (KRA) has reintroduced a tax amnesty programme that will allow eligible taxpayers to clear outstanding obligations without paying penalties, interest and fines. The six month programme, introduced under the Finance Act, 2026, opened on July 1 […]

The Nairobi International Financial Centre has certified 15 new companies expected to mobilise about Sh25.8 billion in investments and create more than 1,000 jobs, as Kenya pushes to position Nairobi as a leading financial hub in Africa. The newly admitted […]

Kenya’s private sector showed signs of stabilising in June, even as firms raised selling prices at the fastest pace in the history of the Stanbic Bank Kenya PMI survey. The headline Purchasing Managers’ Index rose to 50.0 in June from […]

Vodacom has taken majority control of Safaricom after completing the acquisition of an additional stake in Kenya’s largest telco.The deal raises Vodacom’s ownership in Safaricom to 55%, giving the South African telecommunications group control of one of the most profitable […]

Kenya’s annual tax filing rush has again exposed a familiar weakness in KRA’s digital system.With the June 30 deadline hours away, some taxpayers have struggled to access the iTax portal, reporting broken links, error messages and failed logins. The disruption […]