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Treasury clarifies mitumba, phone and PAYE changes in Finance Bill 2026
Business

Treasury clarifies mitumba, phone and PAYE changes in Finance Bill 2026

Speaking during a press briefing in Nairobi on Monday, the CS said reforms such as a simplified “mitumba” tax regime, reduced phone import taxes, and a shift in filing timelines are aimed at easing business costs, improving efficiency, and boosting revenue collection rather than raising prices, stressing that “there is miscommunication around this.”

Ghana repatriates 28 rescued citizens from trafficking network in Côte d’Ivoire
Global Affairs

Ghana repatriates 28 rescued citizens from trafficking network in Côte d’Ivoire

In a statement issued on May 10,2026, Ghana’s Ministry of Foreign Affairs said the victims were freed in a “successful operation conducted by security operatives and officials of the Embassy of Ghana in Abidjan,” and are now assisting investigators as authorities intensify efforts to dismantle the criminal syndicate behind the scheme.

French businesses expanding presence in Kenya, says Alliance Francaise’s Obilo Ng’ong’o
Business

French businesses expanding presence in Kenya, says Alliance Francaise’s Obilo Ng’ong’o

Alliance Française Nairobi Pedagogy Head Obilo Ng’ong’o says French firms are increasing investments in Kenya’s retail, infrastructure, education and training. He links the shift from aid to partnerships to upcoming Africa Forward Summit 2026 plans and long-term economic cooperation.

Housing funding model shifts as post-election budget set for Sh360 billion
Business

Housing funding model shifts as post-election budget set for Sh360 billion

Within the housing programme, affordable housing is expected to register the fastest growth. Allocations are projected to rise to Sh201.1 billion after the elections from Sh50.7 billion in FY2026/27. However, during the election cycle, funding is expected to decline, with a 30.9 per cent reduction from the approved Sh73.3 billion.