United states investment in Kenya
The US has pledged to support Kenya in developing processing plants and related industries around the estimated Ksh8 trillion rare earth and niobium deposits at Mrima Hill in Kwale County, rather than exporting raw minerals. US Assistant Secretary of…
Ksh 52 billion emergency fund
Kenya is expected to receive about Ksh52 billion ($400 million) in emergency financing from the World Bank within six weeks to help cushion the economy against risks linked to Ebola, El Niño-related disruptions and high energy prices. Kenya applied for…
Changes in filling tax returns
The Kenya Revenue Authority (KRA) has announced a major shift in the country’s tax calendar, moving the deadline for filing Individual Income Tax Returns from June 30 to April 30. The change, set out in the Finance Act 2026 and signed into law by…
SGR first ever profit
The Standard Gauge Railway (SGR) recorded its first operating profit since launching in 2017, posting Ksh3.2 billion in the 2025/26 financial year. Kenya Railways attributed the turnaround to record cargo volumes, improved operational efficiency,…
KRA pin for youtube earners
Kenyan YouTube creators earning through AdSense will now be required to submit their KRA PIN details by October 1 to continue receiving payments as Google implements a new 5% withholding tax requirement. According to Google, submitted tax details will…
Proposal to extend uclaimed dividends
The Unclaimed Financial Assets Authority (UFAA) is proposing changes to help recover Ksh30.5 billion in unclaimed dividends held by saccos and Nairobi Securities Exchange-listed firms. A draft Bill seeks to extend the period before shares and dividends…
Decline in KenGen net profit
Kenya Electricity Generating Company (KenGen) posted a slight decline in net profit to Sh10.35 billion for the year ended June 30, 2026.The profit was down from Sh10.48 billion recorded in the previous financial year, with the decline attributed to lower…
Centum Enterprise acting CEO
Centum Investments has appointed Thomas Omondi-Achola as Acting Group Chief Executive Officer following the appointment of James Mworia as the inaugural CEO of the National Infrastructure Fund (NIF).Omondi currently serves as Centum’s Partner, Portfolio…
“Foreign hawkers should stop”,President Ruto orders
President William Ruto has ordered foreign nationals engaging in small-scale hawking and trading activities in Kenya to stop, saying the government will move to protect local traders from unfair competition. Speaking after meeting Micro, Small and Medium…
From KUSSCO to You & Me
Formerly known as KUSCCO Housing Co-operative, the Society has rebranded to You & Me Housing Co-operative following a members’ resolution passed during the SGM held on 10th September 2025,” the co-operative said. This comes days after the…