Category
Finance
Personal and national finance in Kenya: banking, credit, taxes and money decisions explained clearly.
Kenya's Savings and Credit Co-operative Sector Grows to 15 Million Members
Kenya's SACCO sector has reached a landmark 15 million members, cementing its role as the backbone of household financial resilience amid IMF-driven austerity.
Kenya's Inflation Drops to 3.8%, Lowest in Five Years as Food Prices Stabilise
Kenya's year-on-year inflation fell to 3.8% in June 2026, the lowest reading since mid-2021, driven by easing food and fuel costs that are offering relief to millions of households.
Kenya Counties Warned Against Piling New Levies on Already Strained Taxpayers
The National Taxpayers Association has urged Kenya's 47 county governments to hold back on introducing new fees and levies as they finalise their Finance Bills, warning that fresh charges could wipe out the financial relief delivered at the national level through the Finance Act 2026.
Mortgages Are Not the Answer for Kenya's Housing Crisis, UN-Habitat Warns
A May 2026 UN-Habitat report has thrown cold water on Kenya's mortgage-driven housing agenda, warning that the model is fundamentally unsuited to a developing economy like Kenya's and disproportionately locks out low-income earners and informal sector workers from ever owning a home.
Equity Group Shareholders Green-Light Record Sh21.7 Billion Dividend Payout
Equity Group shareholders have approved a record Sh21.70 billion dividend for the 2025 financial year, paying out Sh5.75 per share - a sharp jump from the previous year's Sh16.04 billion. The landmark payout comes alongside approvals to expand into insurance markets in Kenya and the Democratic Republic of Congo.
Parliament Moves to Tighten Grip on Kenya's Sovereign Wealth Fund
Kenya's National Assembly Finance and Planning Committee is calling for Parliament and the Controller of Budget to jointly approve all withdrawals from the proposed Sovereign Wealth Fund, which is set to manage revenues from the country's oil and mineral resources on behalf of future generations.
High Court Grants IMF Immunity, Removes Fund From Kenya's Sh7 Trillion Odious Debt Case
Kenya's High Court has ruled that the International Monetary Fund cannot face legal proceedings over the country's Sh7 trillion public debt, granting the global lender full immunity and striking it from a petition that challenges the legitimacy of the debt as "odious." The legal battle continues against the remaining defendants.
Debt Before People: New Report Slams IMF Austerity Policies Squeezing Kenya
A new report exposes how Kenya spends nearly three times more government revenue on external debt repayments than on healthcare, raising fresh questions about the human cost of IMF-backed austerity. The analysis, covering 29 IMF documents across 11 countries from 2022 to 2025, finds that 73% of recommendations prioritise spending cuts over public services.
Kenya's Eurobond Buyback: Digging a Deeper Hole to Fill the First One
Kenya's Eurobond buyback program, designed to ease the country's mounting debt pressures, has instead left taxpayers exposed to higher long-term costs. By using fresh borrowing rather than existing revenues to retire old bonds, the government avoided immediate default but locked Kenya into a cycle of expensive refinancing that analysts say will strain the national budget for years.