A worker earning Ksh 1 million monthly would see their take-home pay reduced by Ksh 12,123 to Ksh 646,805, while someone earning Ksh 800,000 would face...
While specific criteria for determining eligibility remain unclear, the Treasury CS mentioned a figure of Sh5,000 in passing, though he did not elaborate on how this...
The funding will see school heads sigh in relief following weeks of delayed disbursement, which had led to schools struggling to operate.
At Sh11.36 trillion, Kenya's public debt now stands at approximately 70 percent of GDP, raising concerns about sustainability.
Kenya’s financial troubles have reached a boiling point, catching the eye of the International Monetary Fund (IMF). With billions in debt and rising repayment costs, the...
Kenya has excluded International Monetary Fund (IMF) financing from its upcoming budget and four-year financial plan, opting instead to deepen its relationship with the World Bank....
NAIROBI/WASHINGTON — President William Ruto has initiated direct talks with the newly reinstated Trump administration seeking preferential trade terms, government officials confirmed Thursday, as East Africa’s...
The broader development is expected to include a flight school, aviation-related industries, manufacturing and distribution centers, and hotels.
The renovations budget appears to contradict the Kenya Kwanza administration's public commitments to eliminate wasteful and luxurious expenditures during the current financial crunch, which has been...
Kenyans are bracing for leaner times after the National Treasury slashed the 2025/2026 budget by a hefty Ksh23.9 billion. This bold move trims the national budget...
Instead of introducing new taxes, the William Ruto administration is targeting tax expenditures by changing the VAT status of various manufacturing inputs from zero-rated to exempt.
Kenyans have long endured the burden of following up with the Kenya Revenue Authority (KRA) to claim refunds on tax reliefs that should have been applied...
The UAE-backed loan marks another milestone in the Gulf nation's growing economic influence in Kenya under the Kenya Kwanza administration.
The high-profile diplomatic mission, which concluded yesterday, yielded commitments spanning infrastructure development, healthcare, security cooperation, and expanded trade opportunities, according to a joint statement released by...
The economic power shift stems largely from dramatic currency movements in both countries.
President William Ruto has overseen the signing of investment agreements worth nearly $1 billion, including the leasing of Nairobi’s Hilton and Intercontinental hotels to Chinese investors....
In a high-stakes meeting on April 21, Kenya’s Treasury Cabinet Secretary John Mbadi sat down with officials from the International Monetary Fund (IMF) in the United...
