News

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 […]

The government wants to borrow Sh100 billion by using future Affordable Housing Levy collections as security, a process called securitisation. This means the 1.5% deduction from workers’ payslips would be tied to repaying investors who buy the bond. The plan […]

Business in Kenya got tougher in May. The Stanbic Bank Kenya PMI, a monthly health check on the private sector fell to 46.6, down from 49.4 in April. Any reading below 50 means conditions are getting worse, so this was […]

Vanguard’s S&P 500 ETF (VOO) has become the first exchange traded fund in history to cross $1 trillion in assets under management, marking a major milestone for the passive investing industry.The milestone was reached after the ETF attracted another $1.7 […]

Kenyan consumers may not fully benefit from the recent decline in global fuel prices when the next fuel review is announced on June 15, following changes to the country’s fuel pricing formula according to business daily. Under the previous system, […]

Safaricom has urged the National Assembly’s Finance and Planning Committee to reject a Finance Bill 2026 proposal that would subject payment processing fees to 16% VAT. The company argues that while the tax is technically aimed at payment service providers, […]

Kenya’s inflation rate has risen to 6.7% as of May 2026, marking a noticeable strain on household finances. The increase is largely driven by sharp price hikes in transport, food, and housing related costs, which together account for over 57% […]

President Ruto has directed the Treasury to raise the tax free PAYE threshold from KES 24,000 to KES 30,000. That means around 1.5 million low income earners would stop paying PAYE altogether.For many households, that relief will make a real […]