The Kenya Revenue Authority (KRA) and the Ministries of Cooperatives and Transport have proposed a raft of amendments to the contentious Motorcycle Regulations Bill, sponsored by Kakamega Senator Boni Khalwale. The proposals…
The Central Bank of Kenya (CBK) has invited members of the public to submit their views on the Draft CBK (Credit Guarantee Business) Regulations, 2025, a move expected to transform how credit…
Ethiopia is charting a new fiscal path as it looks to regional neighbors, particularly Kenya, to inspire its sweeping tax reforms aimed at reversing a worrying revenue decline. The country’s tax-to-GDP ratio…
The High Court in Kakamega has dismissed a petition challenging the imposition of a 12.5 per cent excise duty on the amount staked by participants in betting activities, delivering a major blow…
The Kenya Revenue Authority (KRA) has announced the opening of a new branch in Eastleigh, Nairobi County, as part of a strategic initiative to improve service delivery and fortify relationships with business…
As the African Growth and Opportunity Act (AGOA) approaches its 2025 expiration, Kenya has made a daring diplomatic and economic move by sending a strong trade team to the US in an…
The Agriculture and Food Authority (AFA) has issued updated wheat pricing in a daring attempt to shield local farmers from the negative impacts of low-cost imports and growing input costs, as part…
A notable change that demonstrates how Kenyans’ financial habits have changed is the increasing number of Kenyans who are avoiding traditional banks in favor of mobile money services. For millions of people…
Fifteen commercial banks operating in Kenya have been identified as key channels for ferrying large volumes of foreign currency out of the country. This development has raised concerns over potential money laundering,…
The Kenya Revenue Authority (KRA) has announced a four-day extension for filing individual tax returns, along with a complete remission of penalties for late submissions. This is a surprise but good development.…