News

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 […]

Kenya’s decision to sharply raise excise duty on imported sugar has triggered protests from Ugandan manufacturers, opening a fresh debate over how far the country should go in protecting its local sugar industry. Under the Finance Act, 2026, excise duty […]

Digital lender Tala has begun a fresh round of layoffs as part of a global restructuring aimed at centralising its operations and streamlining functions.The company said seven employees in Kenya have been notified of its intention to declare their positions […]

The Court of Appeal has cleared the way for the government to proceed with its planned sale of a 15% stake in Safaricom to Vodacom after lifting High Court orders that had temporarily frozen the transaction. The ruling allows the […]

Family Bank’s listing by introduction on the Nairobi Securities Exchange immediately delivered what listings are meant to achieve: price discovery. The bank’s 1.66 billion shares were introduced at KES 18.00 each, giving it an opening market value of about KES […]

Kenya has signed a JPY 25 billion Samurai facility agreement with Japan, equivalent to about KSh22.1 billion, marking an important step in the government’s push to diversify its external borrowing sources. The facility will be split across three priority areas. […]

One important change made during Parliament’s voting on the Finance Bill 2026 concerns how taxpayers deal with income tax returns pre-populated by the Kenya Revenue Authority.A pre-populated return means KRA prepares your tax return in advance using information it already […]