How to Protect Your Savings During Inflation in Kenya
Inflation, the gradual increase in prices over time, erodes the purchasing power of your money. In Kenya, where inflation rates have fluctuated due to various economic factors, safeguarding your savings [...]
Kenya’s Monetary Policy: A Missed Opportunity?
In December 2024, Kenya’s economic story reached a pivotal chapter. The Central Bank of Kenya (CBK), at its highly anticipated Monetary Policy Committee (MPC) meeting on December 5, faced a [...]
How to Start an Investment Portfolio in Kenya for 2025: A Guide
Building an investment portfolio is an essential step toward financial freedom, and for many Kenyans, 2025 offers a prime opportunity to take that step. With the country’s growing economy, diversified [...]Taxes keep Fuel Prices High Despite Global Easing
While fuel prices have decreased marginally in 2024, they remain high with taxes taking up to between 36% 45% of the total retail prices, slightly higher than the landing [...]Sanlam Issues KSh 3.25bn Cash Call, Part to Settle Stanbic Loan
Sanlam Shareholders have approved Board of Directors’ request to recapitalise the insurer’s balance sheet through rights issue program. “For purposes of undertaking the rights issue, the company has at this [...]Significant Progress on Regional Electricity Grid After Launch of Tanzania -Kenya Line
The Eastern Africa Power Pool (EAPP) initiative will see formative progress after the launch of trial operations for the 500-kilometer transmission line in the Tanzania Kenya Interconnection Project. “As [...]Common Tax Mistakes Made by Investors in Kenya
Kenya, often celebrated as the economic hub of East Africa, is a magnet for investors seeking opportunities in its diverse and growing economy. From thriving technology hubs and renewable energy [...]President Ruto Assents Tax Bills into Law
Earlier this week, President William Ruto signed into law, seven bills including the Tax Laws (Amendment) Bill, the Tax Procedures (Amendment) Bill, the Business Laws (Amendment) Bill, and the Kenya [...]Concerns as Food, Beverage Prices Rise Days to Christmas
The Kenyan market is jittery about the increases in price of food and non-alcoholic beverages even as majority doubt impact of inflation which has been easing for the better part [...]Citi Sees Lending Rates Easing, Kenya Opting for Eurobond Alternatives
The Kenyan market will soon start feeling the impact of Central Bank’s Monetary Policy’s recent action to cut lending rates, Citi Bank says, predicting that most banks will soon start [...]Higher Taxes on Materials Weigh Down Construction Industry
A bag of cement this December costs about KSh 830 up from KSh 750 in December 2023 amid concerns that limestone and additives used in manufacturing could lose their zero [...]IMF Deputy Chief Tackles Tax Backlash in Kenya Visit
International Monetary Fund Deputy Managing Director Dr. Nigel Clarke traveled to Kenya on his first overseas trip since joining Fund leadership in October, meeting major stakeholders including President Ruto, Central [...]
