Kenya, Rwanda Central Banks Sign Pact to Ease Cross-Border Payments
The agreement establishes a framework for cooperation between the two central banks and introduces groundwork for a “passporting” framework that will allow payment service providers licensed in one country to operate more easily in the other.
KRA Scraps 'Blacklist', Admits It Punished Honest Businesses
KRA has ordered the removal of thousands of taxpayers from a controversial compliance blacklist after acknowledging that the system had been misused and was harming legitimate businesses.KRA Introduces Body-Worn Cameras for Customs and Border Officers
The Kenya Revenue Authority plans to introduce body-worn cameras for customs and border control officers to improve transparency and accountability at Kenya’s entry points. The devices are expected to record inspections and interactions, strengthening oversight of frontline operations at locations such as Jomo Kenyatta International Airport and other border posts.Parliament Pushes for Faster Reform of State-Owned Enterprises, Limits Budget to KSh 2.88Trillion
Kenya's New Tourism Positioning Has a Billion-Dollar Blind Spot
East Africa is selling the dream. But the infrastructure to deliver it — for every traveller — is only just beginning to be built.Kenya Ups Special Projects Budget as Floods, Drought Compound Crises
The flooding compounds an already critical situation in drought-affected areas, where more than 3 million people face hunger, which has escalated the need for rapid, large-scale interventionKenya Launches Automated System to Manage Traffic Fines
Kenya’s transport regulator has launched an automated system that issues traffic violation notices to motorists via SMS and requires fines to be paid within seven days through KCB branches. Authorities say that the platform is intended to improve transparency and efficiency in traffic law enforcement.Kenya Scales Back ICT Budget by 25% as Fiscal Constraints Bite
Rural communities in Kenya are set to face slower digital access after the government cut funding for its Information, Communication Technology and Digital Economy initiatives by 25%IMF Mission Ends Kenya Visit With Call for Stronger Fiscal Discipline
An IMF staff mission led by Haimanot Teferra concluded a visit to Nairobi after discussions with the National Treasury and Central Bank of Kenya on fiscal policy and economic risks. The Fund urged stronger fiscal discipline, improved governance, and greater resilience to external shocks. Talks on a potential new IMF program continue ahead of the IMF–World Bank Spring Meetings, following the stalled completion of Kenya’s US$3.6 billion 2021–2025 program.
Counties Push for 42% Share Of Road Maintenance Levy
County governors are pressing the Senate to sharply increase their share of the fuel levy, seeking 42% of the Roads Maintenance Levy Fund (RMLF) compared with the 5% currently proposed.East Africa Moves Closer to Customs Bond Overhaul
Leaders of the eight-member East African Community (EAC) will meet on March 7 for their 25th Ordinary Summit, with regional traders watching closely for the rollout of a long-awaited single regional customs bond.Why the Bank of Tanzania Sold Some of its Gold
Tanzania’s central bank has defended its decision to sell part of its 19.6-tonne gold reserve, saying the move is part of routine reserve management. Governor Emmanuel Tutuba stated that the sale aims to rebalance reserve assets and support foreign exchange liquidity, with current reserves still covering about five months of imports.
