News

Up to 2.4 million more Kenyans could fall into extreme poverty in 2026 as the Middle East conflict drives up fuel, transport and food costs, the World Bank has warned. In its July 2026 Kenya Economic Update, the Bretton Woods […]

Kenya’s economy opened 2026 on a stronger footing, supported by faster growth in tourism, manufacturing and construction, even as rising food prices and a widening current account deficit (the gap between what Kenya earns from abroad and what it spends […]

Kenya’s capital markets regulator is seeking to acquire a blockchain analytics system that would allow it to monitor cryptocurrency transactions, flag suspicious activity and strengthen oversight of the fast growing virtual assets market. The Capital Markets Authority (CMA) has invited […]

President William Ruto has signed the Sovereign Wealth Fund Bill, 2026 into law, creating a legal framework for Kenya to save part of its natural resource revenues, finance strategic infrastructure and cushion the economy from future shocks. The new law […]

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 […]