Business - Page 24

Kenya’s public debt surged to Ksh11.5 trillion by April 30, 2025, according to the latest data from the National Treasury. This marks a steady

The National Assembly’s Finance Committee has shot down a proposed amendment in the Finance Bill 2025 that sought to revise the Pay As You

The National Assembly’s Finance Committee has urged Parliament to delete a controversial provision in the 2025 Finance Bill that would have allowed the Kenya

Kenya has formally approached the International Monetary Fund (IMF) to negotiate a new financing agreement as its current IMF-supported programmes approach their end. The

The Central Bank of Kenya (CBK) has lowered its benchmark lending rate to 9.75 percent, stepping up efforts to make loans more affordable and

Treasury Cabinet Secretary John Mbadi has defended a contentious proposal that would expand the Kenya Revenue Authority’s (KRA) powers, granting it access to personal

Treasury Cabinet Secretary John Mbadi has come out to correct widespread misinformation about the controversial Finance Bill 2025, assuring Kenyans that basic necessities remain

Treasury Cabinet Secretary John Mbadi has revealed that the government had initially planned to lower Pay As You Earn (PAYE), the individual income tax,

The Kenya Revenue Authority (KRA) will begin vetting persons with disabilities for income tax exemption starting June 9, 2025. The exercise, a joint effort

The World Bank is urging Kenya to adopt a carbon tax and significantly raise excise taxes on harmful products such as alcohol, tobacco, and

The Kenya Kwanza administartion is taking a bold step to tighten its tax regime through the proposed Finance Bill 2025, aiming to curb abuse

Kenyan youth with dreams of launching or expanding small businesses are set to receive a major boost as the government rolls out its NYOTA

The government is considering writing off defaulted Hustler Fund loans totaling up to Ksh.6 billion, Principal Secretary for Micro, Small and Medium Enterprises Development

Treasury Cabinet Secretary John Mbadi has invited Kenyans to submit their ideas and proposals for the upcoming national budget, which he will present to

The Kenya Revenue Authority (KRA) has extended its working hours to give Kenyans extra time to file their 2024 income tax returns before the

Safaricom has expanded its credit solutions tailored for micro, small, and medium-sized enterprises (MSMEs), aiming to improve business resilience and cash flow access. The

Nairobi County Government has seized control of a private parking lot behind the Kencom building on Taifa Road to recover more than Ksh 41