Business
Kenya’s debt hits Sh11.35t on domestic borrowing
Kenya’s public debt is now equivalent to 70% of the country’s gross domestic product.
Business
Business
How to easily file your KRA returns for employment income
Taxpayers must ensure they have a stable internet connection, their KRA PIN, iTax login credentials, and their P9 form before starting the process.
Business
Mobile money cash transactions fall 12% while user numbers grow
This shift points to a struggling economy where more people are making smaller, low-value transactions.
Business
Kenya trails Nigeria and South Africa in business growth
In contrast, South Africa and Nigeria’s larger economies provide a bigger market and more entrepreneurial opportunities.
Business
Sh2.9bn Galana-Kulalu electricity project to cut maize production costs by 42%
The project includes building a 54-kilometre power line and a substation, aiming to improve efficiency for investors and boost agricultural productivity.
Business
Tito Okuku named Maersk MD for East Africa
Okuku expressed his honor at rejoining Maersk and embracing his new role.
Business
Treasury allocates Sh1.67bn for Turkana oil project expansion
This marks a substantial increase from the previous allocation of Sh806 million.
Business
Kenya secures Sh194bn for Eurobond
The new issuance not only secures funds to repurchase a portion of the 2027 bond but also extends Kenya’s repayment timeline to 2036, easing short-term financial pressure.
Business
FKE: Thousands of jobs lost as high costs force firms to shut down
FKE Executive Director Jacqueline Mugo said the ongoing ban on Kenyan tea by Sudan has already led to losses estimated at 2.4 billion shillings.
Business
US plans 5 percent tax on remittances from non-citizens
The proposed legislation, titled One Great and Beautiful Tax Bill, was introduced in Congress on May 12, 2025.
Business
Mitumba trade sustains millions, brought in Sh16 billion in 2023
The trade provides income for over two million people, representing 10% of Kenya’s extended labor force.
Technology
EU accuses TikTok of violating digital rules over ads
The European Commission "found that TikTok does not provide the necessary information about the content of the advertisements.