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Weight of court verdict on NSSF deductions

Nairobi, June 11 -- The news of the Court of Appeal judgment hit the retirement benefits sector like a thunderbolt. A three-judge bench delivered a ruling that threatened to upend the entire legal fra... Read More


Finance Bill 2026: A mixed bag budget

Nairobi, June 11 -- Salaried workers are major casualties and will now wait longer for relief on their pay taxes as the National Treasury Cabinet Secretary kept mum on the much-publicised promise, eve... Read More


Treasury upholds July plan for counties single account in reforms drive

Nairobi, June 11 -- The government will extend the Treasury Single Account (TSA) framework to county governments from July, committing to a plan aimed at tightening control of public cash flows and ma... Read More


ICT allocation drops to Sh8.6 billion in Budget

Nairobi, June 11 -- The government has allocated Sh8.6 billion to support Kenya's digital economy and creative industry in the 2026-27 financial year, a decline from the Sh12.7 billion set aside for t... Read More


Small lenders given three more years to meet core capital rule

Nairobi, June 11 -- Struggling commercial banks have been given a three-year deadline extension to raise their core capital to a minimum Sh10 billion, offering reprieve to 23 small lenders that are be... Read More


KRA unlocks tax breaks for Naivasha industrial park

Nairobi, June 11 -- The Kenya Revenue Authority (KRA) has declared an industrial park owned by power producer Kenya Electricity Generating Company (KenGen) in Naivasha a customs-controlled area, unloc... Read More


Iran IRGC Aerospace chief warns US: "Will Turn Region Into Hell" after fresh strikes

India, June 11 -- Tensions in the Gulf region escalated sharply after a senior commander of Iran's Islamic Revolutionary Guard Corps (IRGC) Aerospace Force issued a strong warning to the United States... Read More


PM Modi calls for Centre-State collaboration to achieve Viksit Bharat vision at NITI Aayog meeting

India, June 11 -- Prime Minister Narendra Modi has emphasized the need for strong collaboration between the Centre and states to achieve the vision of a "Viksit Bharat", stating that cooperative gover... Read More


Canada introduces Bill to restrict social media access for children under 16

India, June 11 -- Canada has introduced new legislation that could restrict children under the age of 16 from accessing social media platforms unless companies can prove that their services are safe f... Read More


Mallorca fire kills 2 people, several injured in early morning blaze in Magaluf tourist area

India, June 11 -- A devastating fire in the early hours of Thursday morning at a residential building in the Magaluf area of Spain's Mallorca island has claimed two lives and left several others injur... Read More