Finance
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New tax rules, spending plan take effect after Ruto assents to three key Bills
President William Ruto on Thursday signed into law the Finance Bill 2025, the Appropriation Bill 2025 and the Supplementary Appropriation…
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CBK lowers base lending rate to 9.75% to spur borrowing
The Central Bank has lowered its base lending rate by 25 basis points to 9.75 per cent to spur borrowing…
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New bill bars Treasury from meddling in county conditional grants
President William Ruto’s administration is pushing for a major shift in how additional allocations, commonly known as conditional grants, are…
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Breakdown of 2025/2026 Budget Allocations Per Sector
The education sector is set to take the largest portion of the 2025/2026 budget, with an estimated allocation of Ksh701…
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Arab leaders approve $53bn alternative to Trump’s Gaza plan
A $53bn (£41.4 billion) reconstruction plan to rival President Donald Trump’s idea for the US to “take over Gaza” and…
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Details of CS Mbadi’s Meeting with US Ambassador Amid US’ Foreign Aid Freeze
Treasury Cabinet Secretary John Mbadi held discussions with Chargé d’Affaires Marc Dillard at his office on Tuesday, March 4. In…
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Cabinet Approves Sh4.2 Trillion Budget for 2025/26 Financial Year [Breakdown]
The Cabinet has approved the 2025 Budget Policy Statement (BPS), setting the country’s total budget for the 2025/26 financial year…
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M-pesa Now Hits 50 million Users Per Month
M-pesa Now Hits 50 million Users Per Month Safaricom’s M-Pesa now has 50 million monthly active users. The milestone comes…
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SACCOs to train on Taxation and Cybercrime Risks
SACCOs to train on Taxation and Cybercrime Risks The Co-operative Alliance of Kenya(CAK) has assembled a team of experts to…
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New code to guide Kenya CRB listings by digital lenders
New code to guide Kenya CRB listings by digital lenders A new code of conduct is expected to guide the…
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Engine Behind Power – Danson Muchemi (CEO, Jambo Pay)
Engine Behind Power – Danson Muchemi (CEO, Jambo Pay) Danson Muchemi, 31, is the founder of JamboPay, Kenya’s leading Online…
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Remittances are a wonderful ‘silver bullet
World Bank offices in Upperhill. Photo/Monicah Mwangi Remittances are a wonderful ‘silver bullet Fears that the World was on the…
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