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Sh188bn flood losses trigger State disaster funding overhaul

Nairobi, June 28 -- Kenya lost an estimated Sh187.8 billion due to floods in just six months in 2023 and 2024, exposing the mounting financial burden of climate disasters that has prompted the governm... Read More


Iran war fallout raises fresh Kenya debt servicing burden

Nairobi, June 28 -- Kenya faces renewed debt-servicing pressure as the fallout from the Iran-Israel conflict threatens to keep borrowing costs elevated for longer, adding strain to a budget weighed do... Read More


Personal tax growth at a 4-year low on strained households

Nairobi, June 23 -- Taxes paid by Kenyans on their income, profits and capital gains recorded the weakest growth in four years in the nine months to March 2026, underscoring mounting pressure on house... Read More


Corporate tax growth at 5-year low as Treasury plan falters

Nairobi, June 21 -- Growth in corporate tax receipts has slowed to the weakest level in five years, exposing the government's struggle to squeeze more revenue from businesses and triggering Treasury's... Read More


Kenya Power imports record electricity as supply gap widens

Nairobi, June 17 -- Kenya imported a record amount of electricity in the first three months of 2026 as rising demand from households and businesses outpaced growth in domestic power generation, exposi... Read More


India imports cross Sh100bn-mark in three months as China tightens grip

Nairobi, June 17 -- Imports from India crossed the Sh100 billion mark for the first time in the opening quarter of a year, underlining the growing influence of the South Asian nation as a source of go... Read More


Korean firms fight for Sh11bn Nairobi smart traffic system tender

Nairobi, June 16 -- Kenya has opened a multibillion-shilling bidding war among South Korean firms to install an intelligent transport system across Nairobi in a fresh push to reduce reliance on manual... Read More


Developers shift to commercial property as State dominates housing

Nairobi, June 16 -- Private property developers are redirecting investments towards commercial buildings as the government ramps up spending on affordable housing, reshaping Nairobi's construction lan... Read More


Trade deficit widens by double digit in first quarter

Nairobi, June 7 -- Kenya's goods trade deficit widened at a double-digit rate in the first three months of 2026 on increased imports of industrial materials, food and fuel that outpaced record export ... Read More


Competition watchdog steps up crackdown on tender cartels

Nairobi, June 4 -- Kenya's competition watchdog and the public procurement regulator have stepped up a crackdown on tender cartels accused of inflating the cost of government projects and denying taxp... Read More