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.…
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…
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,…
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…