KRA Misses Corporate Tax Target, Domestic Excise Under Pressure
The Kenya Revenue Authority (KRA) has reported a 9.9% growth in Corporation Tax collections in the Financial Year 2024/2025, an increase from the 4.9% growth recorded in the previous year. The performance was [...]
A Taste of Ambition as South African Winemakers Seduce Nairobi's Middle Class
It is undeniable that Nairobi loves to drink. The city lifts its glasses with the zeal of a place forever toasting something. Birthdays, promotions, resignations, long weekends, and short marriages. [...]Safaricom Doubles Down on Loss-Making Circle Gas with KSh 2.4Bn Boost
Circle Gas Limited, the smart LPG distributor backed by Safaricom, continues to post heavy losses, even as it expands its footprint in Kenya and accelerates its efforts to digitize clean [...]
Kenya Looks East as Imports from Asia Surge and Intra-Africa Trade Shrinks
Kenya’s trade flows are shifting decisively toward Asia, as new data shows a surge in imports from China and the Gulf while exports to traditional African partners contracted sharply in [...]Audit Uncovers Nairobi County's 174 Unauthorized Bank Accounts amid Mounting Debt
The Nairobi City County Government is facing serious allegations of financial impropriety, following reports of operating numerous unauthorized commercial bank accounts, a contravention of the Public Finance Management (County Governments) [...]The KSh 12 Billion Drain in Kenya's Water Sector
Non-Revenue Water (NRW), the difference between the volume of water a utility pumps into its system and the volume of water that is billed to customers, continues to be a [...]Roam Launches New Electric Motorcycle Financing Program with Over 600 Units
Electric mobility company, Roam, has launched a large-scale financing program for electric motorcycles in partnership with microfinance provider Fortune Credit; an initiative that will begin with the deployment of more [...]How Superior Homes is Navigating Macro Challenges to Deliver Quality Middle-Class Housing in Kenya
Superior Homes Kenya, established in 2003, was founded on the foresight of a burgeoning need for middle-income housing in Kenya, driven by a new political environment stimulating investment. A pivotal [...]
CBK Kicks Off FY2025/26 Borrowing with KSh 66.65B Bond Auction
Kenya’s domestic debt market has opened FY2025/26 on a bullish note, with investors shifting decisively towards long-term bonds amid falling short-term returns and a more accommodative monetary stance. This auction [...]Kenya Is Losing KSh 200bn Annually Through Illicit Financial Flows
Kenya is losing an estimated KSh 200 billion each year through illicit financial flows from sectors such as mining, logging, and natural resource trade, according to a new assessment by [...]NSE to List First Global Equity ETF as Satrix Expands into Kenya
In a major milestone for Kenya’s capital markets, Satrix, South Africa’s largest provider of index-tracking funds, will list its MSCI World Feeder ETF on the Nairobi Securities Exchange (NSE) on [...]Kenya's Food Regulator Denies Claims of Fresh Avocado Export Ban
The Agriculture and Food Authority (AFA) has dismissed recent claims suggesting that a ban on fresh avocado exports was proposed during a high-level meeting with avocado oil processors. In response [...]
