Economy

Economy

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Treasury CS John Mbadi Treasury CS John Mbadi
Economy•

Banks hand Treasury record Sh205 billion in tax as compliance costs jump

The average annual compliance cost per bank spiraled by 62.25%, surging to nearly KES31M in 2025 from KES19.10M in 2024.
KRA KRA
Economy•

KRA busts Sh4 billion in VAT fraud scheme, fake invoices

Taxman has presented 37 inquiry files to the Office of the Director of Public
SME funding SME funding
Economy•

Businesses in Kenya starved of Sh3 trillion, chocking growth

Bulk of enterprises in food, trade, services, light manufacturing and
KRA Customs KRA Customs
Economy•

KRA customs exceeds September collections target by Sh965 million

Taxman attributes rise to increased value of imported fertilisers, iron, steel

Below the fold

Below the fold

John Mbadi
Economy•

Digital tax down to 1.5% in 2025 Finance Bill — Mbadi

PMI April 2025
Economy•

Private sector roars back in April as PMI hits 15-month high

CS Mutahi Kagwe
Economy•

Kagwe ends middlemen's chokehold on tea exports

The World Bank
Economy•

Ndiamé Diop takes helm of $76Bn World Bank unit in Eastern, Southern Africa

Potatoes
Economy•

Inflation rises to 4.1 percent in April on costly food

USAID Kenya Closure
Economy•

How US aid cuts are shaping Nairobi’s high-end property prices

Marriot Nairobi
Economy•

Hospitality sector held hostage by Visa hurdles and insecurity — Experts

Kenya China Trade Talks
Economy•

Ruto courts Beijing, secures over Sh100Bn worth of investments

Banking sector woes
Economy•

CBK ends 9-year freeze on new banks, sets Sh10Bn entry capital

KRA
Economy•

Millions smile as KRA writes off Sh158Bn in tax debts

Absa Bank Kenya
Economy•

Absa ups the stakes in mortgage market with 110% financing deal

Absa Bank Kenya Hello Tractor
Economy•

Absa boosts agribusiness with Sh500M for tractor access