Category
Finance
Personal and national finance in Kenya: banking, credit, taxes and money decisions explained clearly.
CBK Nets Extra Sh29.2bn from June Bond Tap Sale as Government Races to Close Fiscal Gap
The Central Bank of Kenya netted an extra Sh29.2 billion through a tap sale of June bonds, closing the offer on day one after investors submitted bids worth Sh31 billion. The move comes as the government scrambles to bridge a Sh360 billion domestic borrowing gap before the 2025/26 fiscal year ends.
Kenyan Women in Diaspora Outpace Men in Sending Support Back Home
A 2025 survey by the Kenya National Bureau of Statistics, Central Bank of Kenya, and Financial Sector Deepening Kenya reveals that 680,207 Kenyan women in the diaspora sent support home - 52 percent more than the 447,475 men who did so - upending the traditional view of remittances as a male-driven flow.
StanChart Tapped to Link CBK with Global Bond Investors
Standard Chartered Bank Kenya has been appointed by the Central Bank of Kenya to manage government bonds and Treasury bills for international investors, under a new arrangement involving global financial firm Clearstream - a move aimed at drawing more foreign capital into Kenya's Sh7 trillion debt market.
KRA to Phase Income Tax Filing Deadlines from January 2027 to Beat Last-Minute Rush
Kenya will introduce separate income tax filing deadlines for individuals and corporations starting January 2027, anchored in the Finance Act 2026 signed by President William Ruto. Individuals must now file by April 30 each year, while companies retain the June 30 deadline - a reform designed to relieve chronic system congestion at the Kenya Revenue Authority.
Insurance Safety Net: PCF Pays Out Sh390.8 Million to Policyholders Hit by Insurer Collapses
The Policyholders Compensation Fund has paid out Sh390.8 million to 2,146 policyholders whose insurance companies collapsed, with Xplico Insurance accounting for the largest share at Sh137.8 million. The fund has also begun processing claims for Trident Insurance and is intensifying grassroots outreach across 14 counties to educate Kenyans on their compensation rights.
KRA Connects eTIMS to Little Cab as Ride-Hailing Sector Faces Tax Crackdown
The Kenya Revenue Authority has integrated its eTIMS platform with ride-hailing service Little Cab, allowing Kenyans to claim digital taxi fares as legitimate tax-deductible business expenses for the first time. The move, driven by Finance Act 2025 requirements, marks a significant push to bring the digital transport sector into full tax compliance.
High Court Clears Path for Omtatah's Sh7 Trillion Public Debt Petition
The High Court has dismissed attempts by the Attorney General and other respondents to have Senator Okiya Omtatah's petition thrown out, paving the way for a full hearing into how Kenya accumulated approximately Sh7 trillion in public debt over the past decade. The Busia senator called the outcome a major victory for transparency and accountability.
High Court Throws Out KRA's Sh221m Tax Demand Against East African Seed Company
The High Court has handed East African Seed Company a major legal victory, nullifying a Sh221 million tax demand from the Kenya Revenue Authority linked to a 2020 corporate restructuring. The ruling overturns decisions by both KRA and the Tax Appeals Tribunal, finding the company had adequately backed its tax position.
Kapchorua and Williamson Tea Dig Into Reserves to Fund Bumper Dividends
Williamson Tea Kenya and Kapchorua Tea Kenya have announced bumper dividends for the year ended March 2026, with Williamson tripling its total payout to Sh525.3 million and Kapchorua raising its distribution by 140 percent to Sh469.4 million. Both listed tea firms will tap substantial retained earnings to fund payouts that comfortably exceed their net profits.