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Business/News

KRA Unveils New Eastleigh Branch in Bold Push to Boost Tax Compliance and Business Partnerships

August 8, 2025August 8, 2025

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…

Business/News

Kenya Dispatches Trade Delegation to U.S. to Avert Tariff Crisis and Secure Post-AGOA Future

August 5, 2025August 5, 2025

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…

Business/News

AFA Sets New Wheat Prices Amid Tax Hikes and Import Quotas in Bold Move to Boost Local Farmers

July 29, 2025July 29, 2025

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…

Business/News

Kenyans Ditch Banks for Mobile Loans as Digital Wallets Redefine Borrowing Trends

July 22, 2025July 24, 2025

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…

Business/News

CBK Puts 15 Banks on the Spot Over Forex Transfers

July 9, 2025July 9, 2025

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,…

Business/News

KRA Grants Final Tax Return Lifeline to Kenyans with Penalty Waiver in Rare 4-Day Extension

July 1, 2025July 1, 2025

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.…

Business/News

Kenya Among Africa’s Top Three Bitcoin Markets

June 19, 2025June 19, 2025

Kenya is among the three largest Bitcoin markets on the African continent, alongside Nigeria and South Africa. Currently, it is projected that the crypto market in the country will grow to approximately…

Business/News

KRA Gives New Rules for Betting Companies on Licence Renewal

May 6, 2025May 6, 2025

Kenya Revenue Authority (KRA) has published a set of rules which the companies must meet before their operating licenses are renewed In a notice published in MyGov on Tuesday, May 6, 2025,…

Business/News

CBK Warns Banks Against High Lending Rates, Threatens Heavy Penalties

March 25, 2025March 25, 2025

 The Central Bank of Kenya (CBK) has warned commercial banks against failing to lower interest rates in line with monetary policy adjustments under the Risk-Based Credit Pricing Model (RBCPM). Appearing before the…

Business/National

Nyakang’o Accuses Counties of Spending Without Approval

March 9, 2025March 9, 2025

Controller of Budget Margaret Nyakang’o has exposed how some counties are spending millions without seeking approval from her office, while others deliberately overshoot their spending beyond the approved limit. This is even…

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