Latest economy stories from across Kenya.
The contribution supports Kenya’s ambitious target of planting 15 billion trees by 2032, restoring approximately 5.1 million hectares of degraded landscapes, and increasing national tree cover to 30 per cent.
The East African Development Bank (EADB) has announced the establishment of a USD 13 million fund dedicated to supporting youth and women-led enterprises across the East African region
Kenya’s Finance Bill 2026 marks a strategic shift in fiscal policy, with the government prioritising expansion of the tax base and structural reforms over headline tax increases. The government says the move is aimed at stabilising public…
President William Ruto announced Saturday that 30% of government advertising spending will be directed to creative platforms such as TikTok, aiming to channel public resources into the country’s film, music, and digital content industries…
The Trump administration has tightened the financial noose on Iran with fresh sanctions, even as a fragile ceasefire holds in the wake of recent conflict. On Friday, May 1, Treasury Secretary Scott Bessent announced new measures as part of…
The long April holiday ends next week, and a lot of parents right now are working day and night to ensure they have enough money to cater for their children’s back-to-school needs. Of course, they have overwhelming demands; one being the…
Avocado farmers in Kenya are in the middle on the harvest season with export markets getting more sophisticated and competitive, with stricter requirements. “The current avocado season in Kenya is progressing well overall, with a steady…
Kenya’s economic growth is no longer lifting people out of poverty as effectively as it once did, raising fresh concerns about inequality and missed development targets. A new report by the Kenya Institute for Public Policy Research and…
President Ruto said the Affordable Housing Programme has accelerated growth in 111 constituencies through provision of decent housing, as well as providing employment for the youth and women.
Kenya Revenue Authority (KRA) says it will continue supporting micro and small enterprises to enhance tax compliance.
Calls for reducing taxes in Kenya have grown louder in recent years as citizens, business groups, and policymakers grapple with high living costs and slow economic growth. Many Kenyans feel that the current tax burden, especially on…
Nairobi County may be the country’s economic hub, but when it comes to creating jobs, it is falling behind many other counties This is according to a February 2026 report by the Vision 2030 Delivery Secretariat. The report ranks counties…
State House has spent Ksh 10.4 billion on its recurrent budget in the first seven months of the 2025/26 financial year, surpassing the full-year allocation of Ksh 7.7 billion. This means the President’s office has already used more than…
The national government has signalled a fresh push to steady the economy and guarantee counties predictable funding in what could shape Kenya’s business climate ahead of the 2026 budget. During the 29th Ordinary Session of the…
The National Treasury has proposed a major tax break that could leave millions of low-income workers with more money in their pockets every month. Treasury Cabinet Secretary John Mbadi says the government wants to raise the tax-free income…
The Kenya Revenue Authority (KRA), Kenya Ports Authority (KPA) and other stakeholders have rolled out joint reforms aimed at decongesting the Port of Mombasa.
Kenya Development Corporation (KDC) hosted senior officials from the World Bank for a high-level progress review of Component 3 of the Kenya Jobs and Economic Transformation (KJET) Project
Isuzu EA today delivered the first batch of 95 vehicles to the National Police Service (NPS), under Phase VII of the ongoing government vehicle leasing programme.
Speaking during the NYOTA Project start-up capital disbursement exercise, President William Ruto announced that the Government is actively engaging development partners in consideration of a second phase.
Safaricom, Kenya’s dominant telecommunications giant, has opted to keep fees for its flagship M-Pesa mobile-money service unchanged heading into 2026, providing continuity for the more than 34 million users who rely on the platform for…
January in Kenya is the month reality hits hard. After the festive season, most households feel the pinch as bills pile up and school fees loom. December’s spending often leaves wallets empty, and suddenly, January is a test of financial…
The National Treasury is set to release billions of shillings to the education sector this week in a move aimed at easing pressure on schools and supporting learners as national examinations approach. Treasury Cabinet Secretary John Mbadi…
The banking industry has proposed a downward review of Pay As You Earn (PAYE) tax bands to raise the minimum taxable personal income from the current Ksh24,000 to Ksh30,000, with maximum PAYE band at 30%.
Dr Erick K. Rutto, President of the Kenya National Chamber of Commerce and Industry (KNCCI), has been appointed the International Trade and Investment Advisor for Shandong Province, China.
