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Radio Generation Kenya

Business

Diaspora remittances hit record Sh58.15 billion in March as inflows strengthen
Business

Diaspora remittances hit record Sh58.15 billion in March as inflows strengthen

On a broader scale, the latest monthly performance pushed the total diaspora inflows for the 12 months ending March 2026 to Sh655.9 billion (USD 5,079 million). This is an increase from Sh642.1 billion (USD 4,972 million) recorded in the same period a year earlier, reflecting a 2.2 per cent year-on-year rise and reinforcing the growing importance of remittances in Kenya’s external earnings.

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Court blocks KRA from accessing firm’s accounts in Sh139.4 million tax dispute
Business

Court blocks KRA from accessing firm’s accounts in Sh139.4 million tax dispute

KRA defended its actions, insisting that the notices were based on new tax assessments and were issued within the law after the company failed to clear outstanding dues. The authority also argued that the company had not exhausted the available dispute resolution mechanisms before seeking court intervention.

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