China imports increase as mega projects take off

Nairobi, Aug. 16 -- Kenya's imports from China jumped by 34.7 percent in the first five months of 2026, coinciding with the rollout and preparation of key infrastructure projects under President Willi... Read More

Housing levy defaulters face PIN, bank account freezes

Nairobi, Aug. 16 -- Workers, traders and employers risk bank account freezes, asset seizures and PIN deactivation as the Kenya Revenue Authority (KRA) prepares to launch a crackdown on housing levy de... Read More

Kenya to push for Agoa tariff refunds for its exporters

Nairobi, Aug. 14 -- The Trade Ministry has pledged to help Kenya exporters recover tariffs paid during the four-month lapse of the US' preferential African Growth and Opportunity Act (Agoa) trade pact... Read More

PAYE collection beats target for first time in four years

Nairobi, Aug. 12 -- Tax collections from workers' earnings have surpassed the National Treasury's target for the first time since the 2021/22 financial year, ending three consecutive years of underper... Read More

Kenya taps Sh207bn loans to pay salaries and debts

Nairobi, Aug. 11 -- The Treasury borrowed Sh207.7 billion to pay salaries, debt repayments and other recurrent expenditure in the year ended June, in continued breach of the public finance management ... Read More

Treasury lowers tax target by Sh81bn after growth cut

Nairobi, Aug. 11 -- The National Treasury has cut its tax revenue target for the current financial year ending June by Sh81.4 billion, signaling weaker-than-expected collections from corporate and wor... Read More

Kenya taps Sh220bn loans to pay salaries and debts

Nairobi, Aug. 11 -- The Treasury borrowed Sh207.7 billion to pay salaries, debt repayments and other recurrent expenditure in the year ended June, in continued breach of the public finance management ... Read More

Cooking oil prices climb back to highs of 2022 crisis

Nairobi, Aug. 5 -- The price of cooking oil has climbed back to its highest level since the global food crisis of 2022, exposing households to renewed pressure from international commodity markets and... Read More

Short-term jobs rise as firms scramble to service new orders

Nairobi, Aug. 5 -- Private firms in Kenya stepped up recruitment of workers on short-term contracts in July as they raced to cope with rising new orders despite overall production contracting for a fi... Read More

The main sectors banks expect to drive Kenya's economy

Nairobi, Aug. 4 -- Commercial banks are betting on traders and builders as the country's drivers of economic expansion, channelling more than half of fresh credit into commerce and construction busine... Read More

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