News

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 […]

The AI Boom Has Created Another Trillion Dollar Tech GiantMicron Technology has crossed $1 trillion in market capitalisation for the first time, pushing it into the ranks of the world’s most valuable companies and placing it around 12th globally. The […]

In 2017, Kenya Airways was drowning in debt. To keep the airline alive, the government and 11 banks including KCB Group and Equity Group Holdings converted billions owed to them into shares. The government’s stake jumped from 29.8% to 48.9%. […]

The Finance Bill 2026 has sparked debate over claims that Kenya is introducing a new 25% tax on mobile phones. But according to Treasury CS John Mbadi, the proposal is not about adding a new tax it is about replacing […]

An Initial Public Offering (IPO) is when a private company offers shares to the public for the first time. The Dangote Refinery IPO matters because at a projected $40 to $50 billion valuation, it would be the largest IPO in […]

The Kenya Revenue Authority (KRA) is set to get new powers to tax money that companies keep instead of paying out to shareholders.What KRA intends to doWhen a company makes a profit, it can either share it with shareholders (as […]

The S&P 500 tracks the 500 largest companies listed in the United States. It is the index most global investors use as a benchmark for how American stocks are doing. According to a recent Goldman Sachs note, almost 45% of […]