Breaking developments, original reporting and informed analysis from across Kenya and the world.
Kenya’s Treasury removed stamp duty on properties seized by KRA for unpaid taxes, enabling smoother transfers and contributing to a 95% rise in property tax collections to Sh82 billion in 2023/24.
The Kenya Revenue Authority received enhanced powers under the Finance Act 2025 to collect taxes from non-residents spending fewer than 183 days in Kenya and entities earning Kenyan-sourced income, aiming to boost revenue amid economic challenges.
08 Jul, 2025 · 30 min read · 2,454 views
The Central Bank of Kenya ended a 10-year moratorium on licensing new commercial banks, requiring new entrants to meet a Sh10 billion core capital threshold, up from Sh1 billion, to foster competition, innovation, and financial stability in Kenya’s banking sector.
03 Jul, 2025 · 31 min read · 2,109 views
Private universities in Kenya have issued a 30-day ultimatum to the government to clear a Sh48.8 billion debt owed for government-sponsored students since 2015, citing severe financial strain and threatening unspecified action if unpaid.
24 Jun, 2025 · 31 min read · 2,487 views