Finance Bill 2025: Tough New Rules to Curb Illicit Imports and Tax Dodging by Betting Firms
Parliament is seeking to curb the importation of substandard goods by traders and to plug tax losses from foreign betting companies through amendments to the Finance Bill 2025. “We have cases [...]
Parliamentary Bill Promises KSh 16.8bn for Marginalised Counties, but Treasury Commits Less
The Equalisation Fund Appropriation Bill, 2025, introduced in Parliament this week for the second reading, seeks approval for the issuance of KSh 16.8 billion to support basic infrastructure in more [...]CBK Raises KSh 71.6B from Oversubscribed Sale of Reopened Bonds
The Central Bank of Kenya (CBK) has raised KSh 71.64 billion in a reopened Treasury bond auction dated June 23, 2025, exceeding its target of KSh 50 billion. In the [...]
Safaricom Stock: CFO Speaks On What's Fueling Investor Confidence
Safaricom's stock has recently experienced bullish activity, briefly crossing a market capitalization of one trillion shillings. According to the company's CFO Dilip Pal, the surge in investor confidence is attributed [...]
Competition Authority Raises Concerns Over Parallel Consumer Protection Agency
The Competition Authority of Kenya (CAK), an anti-trust regulator domiciled within the Treasury, has locked horns with the Ministry of Trade over plans to establish a new agency likely to [...]Easing Interest Rates Drive More Farmers to Banks Despite Collateral Barriers
The easing monetary policy in Kenya’s credit market is attracting farmers to banks for facilities to finance their operations, with Central Bank listing land expansion, purchasing of machinery, and leasing [...]Kenyan Hotels Hit Hard by Trump Policies as NGOs Cut Bookings
US President Donald Trump's recent policies and tariffs are negatively impacting Kenya’s hospitality sector, with hotels reporting lower conference bookings from donor funded programs and Non-Governmental Organizations (NGOs). “The hotel industry players for instance reported [...]82% of Kenyans Targeted by Fraud Attempts as Digital Crime Persists
More than four in five Kenyans surveyed by TransUnion in late 2024 said they were targeted by fraud via email, online platforms, phone calls, or text messages — underscoring the [...]Cracking Down on Dirty Money: Kenya Signs AML Law, Targets Virtual Assets in New Reforms
President William Ruto has signed into law the Anti-Money Laundering and Combating of Terrorism Financing Laws (Amendment) Bill 2025, days after the European Commission proposed to list Kenya among high-risk jurisdictions with deficiencies [...]MPs Reject Proposal to Strip Data Protections in Finance Bill
Lawmakers will block a proposal in the Finance Bill 2025 that would have granted the Kenya Revenue Authority (KRA) sweeping access to taxpayers’ proprietary systems and sensitive business data. “The [...]Budget 2025/26: Govt Targets KSh 30bn from Tax Reforms, Sidesteps Public Backlash
The government is eyeing KSh30 billion additional revenue in the next financial year from administrative reforms, which puts it off the path of increasing taxes and adding new ones, measures [...]COMESA Probes Mawingu Networks' Acquisition by SA Fund
The Comesa Competition Commission has opened an investigation into the proposed acquisition of a controlling stake in Mawingu Networks by a South Africa-based fund, Pembani Remgro Infrastructure Fund II (“PRIF II”). [...]
