(NAIROBI, KENYA) – Kenyan households should prepare for further increases in food prices in the coming weeks as high fuel costs, rising production expenses and prolonged dry weather threaten supplies, even as farmers anticipate better harvests from the October to December rains. The Central Bank of Kenya’s September 2026 AgricultureContinue Reading
(NAIROBI, KENYA) – Kenya has tightened oversight of transfer pricing, introducing stricter rules on how multinational companies price goods, services, loans and other transactions between related entities in a move aimed at curbing profit shifting and protecting local tax revenue. The gazetted Income Tax (Transfer Pricing) Rules, 2026 replace rulesContinue Reading
(NAIROBI, KENYA) – Kenya’s outstanding loans from the World Bank have crossed the KES 2 trillion ($15.7 billion) mark for the first time, as the country leans more heavily on concessional loans and Eurobonds to fund its budget and refinance maturing debt. Treasury data shows Kenya’s outstanding debt to theContinue Reading
(ELDORET, KENYA) – Kenya has announced plans to cut income tax for low earners, exempt cheap land deals from stamp duty and remove import duty on mobile phones, measures worth billions of shillings in relief to households. Workers earning less than KES32,333 ($250) a month will pay reduced income tax,Continue Reading
(NAIROBI, KENYA) – A sharp fall in the Ugandan shilling against the US dollar is raising concern in Kenya over costlier goods and shrinking exports to its neighbour, with the slide threatening trade worth KES162.4 billion ($1.2 billion) a year. The Ugandan shilling has lost more than 14% against theContinue Reading
(ACCRA, GHANA) – Kenya has won 23 excellence awards at the Africa Public Sector Conference and Awards (APSCA) 2026 gala held in Accra, Ghana, confirming the country’s strong standing in public sector governance and service delivery. The awards recognised individuals and institutions across Kenyan government agencies for leadership, innovation andContinue Reading
(NAIROBI, KENYA) – Kenya’s milk shortage is a warning that high national production figures do not automatically translate into reliable supplies, affordable prices and food security for consumers, according to Stephen Mutoro, Secretary General of the Consumers Federation of Kenya. The current crisis exposes weaknesses in dairy sector planning, farmerContinue Reading
(NAIROBI, KENYA) – Kenya’s economy grew 5.1% in the second quarter to June, the Kenya National Bureau of Statistics (KNBS) said, shrugging off the Iran war and below average rainfall. The growth was faster than the 4.9% recorded in the same quarter last year despite high oil prices resulting fromContinue Reading
(NAIROBI, KENYA) – Kenya has overtaken Ethiopia to become East Africa’s largest economy, ending five years of Ethiopian dominance after a sharp devaluation of the birr reduced Ethiopia’s gross domestic product in dollar terms. The IMF expects Kenya to overtake oil producing Angola in 2028 and move into sixth place.Continue Reading
(NAIROBI, KENYA) – Kenyan Eurobond yields have fallen in recent weeks, resisting pressure from rising interest rates on similar instruments in advanced economies such as Japan and the United States, in a sign that Kenya can raise funds cheaply in international capital markets. Yields on all but one Eurobond haveContinue Reading
