Category
Finance
Cryptocurrency Regulation Bill Passes Parliament, Creating Legal Framework for Digital Assets
Kenya's Parliament has passed the Virtual Assets and Service Providers Act, creating Africa's most comprehensive domestic legal framework for cryptocurrency trading, custody, and digital asset issuance.
Kenya Revenue Authority Exceeds Half-Year Tax Collection Target by Ksh 18 Billion
The Kenya Revenue Authority collected Ksh 18 billion more than its half-year target, driven by expanded digital tax systems, improved VAT compliance, and aggressive enforcement on multinational firms.
Sh50 Billion Eurobond Buyback Reduces Kenya's External Debt Pressure
Kenya has completed a Sh50 billion Eurobond buyback, retiring a tranche of its costliest external commercial debt and signalling improved fiscal management to international creditors.
Kenya Shilling Strengthens to 125 Per Dollar as Current Account Deficit Narrows
The Kenya shilling has rallied to 125 per US dollar, its strongest level since 2022, as export earnings rise, remittances hold firm, and tourism revenues recover to post-pandemic highs.
Mobile Lending Apps Face New CBK Regulation as Predatory Rates Draw Complaints
The Central Bank of Kenya has issued sweeping new regulations targeting mobile lending apps, capping effective interest rates and mandating credit reporting to rein in predatory lending practices.
Kenya's National Debt Hits Ksh 12 Trillion as Treasury Seeks New Financing
Kenya's national debt has reached Ksh 12 trillion, prompting the Treasury to pursue a mix of concessional loans and domestic bond issuances to meet its financing needs while managing rollover risks.
KCB Group Acquires DRC Bank in Strategic East Africa Expansion
KCB Group has completed the acquisition of a majority stake in a Congolese commercial bank, deepening its footprint in the DRC as the EAC integration drive opens new trade corridors.
IMF Reviews Kenya's Debt Sustainability, Recommends Fiscal Consolidation Path
The IMF has completed its latest debt sustainability analysis for Kenya, urging Nairobi to stick to a credible fiscal consolidation path as public debt approaches 75% of GDP.
Kenya's Pension Fund Assets Cross Ksh 2 Trillion Milestone in 2026
Kenya's retirement savings industry has crossed the historic Ksh 2 trillion mark in total assets under management, cementing its position as one of East Africa's largest institutional investment pools.