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Radio Generation Kenya

Business

KRA plans compulsory digital registration for all landlords in new tax push
Business

KRA plans compulsory digital registration for all landlords in new tax push

The proposed changes are contained in the Draft Income Tax (Residential Rental Income Tax) Regulations of 2026, which require all individuals earning taxable rental income to register their properties through the Electronic Residential Rental Income Tax System (eRITS), replacing the current voluntary registration model.

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Manufacturing share in economy dips to 7.1 per cent as costs squeeze growth
Business

Manufacturing share in economy dips to 7.1 per cent as costs squeeze growth

One of the weakest performers was sugar, where output dropped by 24.8 per cent to 613,000 metric tonnes in 2025. Soft drinks production moved in the opposite direction, rising by 4.9 per cent to 703.7 million litres, although this was lower than the 15.6 per cent expansion recorded the previous year. Processed milk also posted gains, increasing from 619.1 million litres in 2024 to 701.5 million litres in 2025.

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Kenya relaxes fuel quality rules for six months to prevent shortage
Business

Kenya relaxes fuel quality rules for six months to prevent shortage

The decision follows growing concern from oil sector players who have been struggling to secure fuel that meets Kenya’s strict quality requirements. Industry reports point to tightening global supply, with particular pressure coming from disruptions around the Strait of Hormuz, through which a large share of global oil shipments pass.

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The Alcoholic Beverages Association of Kenya (ABAK) representative Marie Kinyanjui when appeared before the National Assembly committee of Public petitions on 29th April, 2026 in parliament. PHOTO/DAVID BOGONKO NYOKANG’I
Business

ABAK warns illegal alcohol surge is weakening legal market and state revenue

The Alcoholic Beverages Association of Kenya (ABAK) told MPs on Wednesday that while licensed manufacturers continue to invest in the sector, illegal operators are taking advantage of gaps in enforcement and regulatory control to expand their reach.

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Safaricom CEO Peter Ndegwa speaking at the opening of the Engineering Summit in Nairobi.PHOTO/File
Business

M-Pesa processes Sh103.2 billion daily in Africa expansion push, says Safaricom CEO

Safaricom CEO Peter Ndegwa said M-Pesa processes about Sh103.2 billion daily through more than 500 million transactions across seven markets, following installation of infrastructure capable of 10,000 transactions per second. He spoke in Nairobi at the Connected Africa Summit.

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CS Mbadi calls for shift from debt-heavy funding to blended investment
Business

CS Mbadi calls for shift from debt-heavy funding to blended investment

According to Mbadi, governments across the continent are being forced to carefully juggle between funding development projects and managing strained budgets. He pointed to global financial conditions that have made borrowing “more expensive, less predictable and restrictive for developing economies,” adding further pressure on already stretched public finances.

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