Fallouts from Middle East crisis limit CBK fiscal policy options

Nairobi, June 10 -- Uncertainty over the ongoing US-Israel war with Iran placed the Central Bank of Kenya (CBK) policy maneuvers on ice, with the apex bank keeping its benchmark rate unchanged at 8.75... Read More

Mbadi's new dilemma in funding Sh4.8trn budget

Nairobi, June 10 -- National Treasury Cabinet Secretary John Mbadi faces a new dilemma in funding the Sh4.8 trillion 2026/27 budget in the wake of a shaky revenue base because of the negative impact o... Read More

How grid leasing could help offset KPLC monopoly loss

Nairobi, June 9 -- Utility company Kenya Power is expected to cancel out losses from the end of its monopoly in electricity sales with the lease of its infrastructure as analysts see a structural shif... Read More

How grid leasing could help offset Kenya Power monopoly loss

Nairobi, June 9 -- Utility company Kenya Power is expected to cancel out losses from the end of its monopoly in electricity sales with the lease of its infrastructure as analysts see a structural shif... Read More

Fixed income investors eye T-bills, avoid Treasury bonds

Nairobi, June 8 -- Fixed-income investors are scrambling for Treasury bills and cutting their appetite for Treasury bonds, hoping returns on government paper will increase and force the state to rely ... Read More

Banks, analysts split on CBK benchmark rate call

Nairobi, June 8 -- Banks and market analysts have differed on the CBK benchmark interest rate decision as calls to raise and hold the key rate emerge amid a jump in domestic inflation. The Kenya Bank... Read More

Firms risk KRA bank, assets seizure over unremitted pension

Nairobi, June 7 -- Employers risk having their bank accounts frozen, assets seized, and tax PINs deactivated for failing to remit pension contributions under a law change aimed at enforcing the remitt... Read More

KRA to crack down on firms with unremitted workers' pensions

Nairobi, June 6 -- Employers risk having their bank accounts frozen, assets seized and tax PINs deactivated under proposed legal changes aimed at enforcing the remittance of pension contributions. Th... Read More

Ruto ends Uhuru-era Sh362bn roads project in shift to bond financing

Nairobi, June 3 -- The government is set to wind up a Sh362 billion rural roads programme launched during former President Uhuru Kenyatta's administration and replace it with a securitisation model, u... Read More

State cuts roads bond target to Sh120 billion

Nairobi, June 3 -- The Kenya Roads Board (KRB) has trimmed its roads bond target to Sh120 billion from Sh175 billion, revealing a reduced quantum of funding to reimburse bank loans taken to compensate... Read More

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