Central Bank Licenses 27 New Digital Lenders, Bringing Total to 153 Firms
The Central Bank of Kenya (CBK) has licensed 27 additional Digital Credit Providers (DCPs), bringing the total number of approved digital lenders to 153 as of September 2025. For real [...]
Controller of Budget Urges Treasury to Clear KSh 524.8Bn in Pending Bills
The Controller of Budget has advised the National Treasury to fast-track verification and settlement of more than half a trillion shillings in pending bills, as mounting arrears continue to choke [...]
Bankers Endorse Central Bank’s New Loan Pricing Model
Kenya’s bankers have agreed to implement the Central Bank of Kenya’s revised risk-based credit pricing model, a reform that will overhaul how loans are benchmarked and priced in the market. [...]Every Tap on Your Phone Is Filling Up Kenya’s Warehouses
When Kenya's residents use their phones to order groceries, electronics or fashion items, few think about the warehouses and logistics hubs humming in the background. In Africa, warehouse occupancy rose to [...]Kenya Milk Intake on Track to Cross Record 1 Billion Litres in 2025
Kenya’s formal milk intakes surged to 522.6 million litres in the first half of 2025, up 19% year-on-year from 438.9 million litres in H1 2024, staying on track ross 1 [...]Pesapal Wins Landmark VAT Exemption Case
The High Court has overturned a tax tribunal decision against payments firm Pesapal Limited, ruling that commissions the company earns from processing transactions are exempt from value-added tax (VAT). “It [...]Kenya's Cement Industry Posts Strongest Half-Year Growth Since 2023
Cement production rose by 17.3% in the first half of 2025 to 4.85 million tonnes from 4.14 million tonnes in the same period of 2024 according to official data. For [...]Sugar Production Falls 16% in the First Half of 2025
Kenya’s sugar industry has come under renewed pressure in 2025, with official data showing a 15.8% drop decline in domestic sugar production from 384,356 tonnes in the first six months [...]Kenya's Vehicle Assembly Up 16% in H1 2025, EV Projects Boost Recovery
Kenya’s vehicle assembly sector has recovered from two years of declining half-year output, with 6,723 units assembled in the first half of 2025, up 16.4% from 5,778 units in H1 [...]Kenya's Thriving Pension Industry Faces Concentration Risks, Unpaid Contributions
Kenya’s pension industry closed 2024 on a high, with retirement savings hitting Ksh 2.23 trillion from KSh 1.84 trillion in 2023, according to the 2024 Statistical Digest by the Retirement Benefits [...]Court Blocks Bid to Tax Vitamin E Imports as Food Supplements
The High Court has rejected the taxman's effort to reclassify two high-dose vitamin E products as food supplements, upholding the tribunal’s assessment that the capsules are medicines for customs purposes. [...]Inflation Holds at 4.5% but Families Strain Under Food Prices
Kenya’s annual inflation rate held steady at 4.5% in August, offering relief from fears of runaway prices, according to the latest Consumer Price Index (CPI) report from the Kenya National [...]
