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”). [...]Court Freezes KSh 20bn For Climate Project As NGOs Wrestle for Control
The High Court in Eldoret has halted the movement or spending of donor funds tied to a KSh 20 billion climate resilience project, as a bitter dispute unfolds between the [...]Treasury CS Mbadi Proposes Extra KSh 300m to the Hustler Fund
The government has allocated KSh 300 million to the Hustler Fund in the 2025/25 Financial Year, to scale up access to credit for households and MSMEs. “The Government recognizes the challenge of accessing [...]Malls, Retail Premises Dominate Demand in Commercial Real Estate
The commercial real estate market posted a standout performance in 2023, with 75% of all its listed properties, recorded as sold that year — according to the Economic Survey 2025. [...]Kenya Targets Ksh 70Bn from 32 PPP Projects in FY 2025/26
Kenya will be implementing 32 Public-Private Partnership (PPP) projects worth Ksh 70 billion in FY 2025/26, focusing on priority sectors such as energy, water, housing, health, and transport. Mbadi made [...]Multichoice's DSTV, Go-TV Subscribers in Kenya Fall 15% as Showmax Grows
Macroeconomic strain, rising piracy, and growing competition from streaming and social media saw subscribers of Multichoice pay-TV services shrink to 14.5 million, with Kenya's DSTV and Go-TV subscribers declining by [...]Gov't to Settle Only KSh 229Bn Out of KSh 522.9Bn Pending Bills
The Committee on Pending Bills has until the end of June to submit its report on verified bills both the National and County governments owe different entities. “To enhance liquidity in [...]
