The Kenya Revenue Authority (KRA) has implemented the Income Tax (Charitable Organisations and Donations Exemption) Rules, 2024, which officially took effect on June 18, 2024, under Legal Notice No. 105…
Crypto taxes in Kenya: Everything you need to know about the 3 percent DAT For years, cryptocurrency in Kenya has been a fast-moving, high-reward, and largely unregulated sector. From Bitcoin’s…
Family Bank Kenya has announced a reduction in its lending rates, aligning with the Central Bank of Kenya’s (CBK) recent adjustment of the Central Bank Rate (CBR) from 11.25 percent…
The money sent home by Kenyans working abroad declined at the start of the year, according to data from the Central Bank of Kenya (CBK). In January, remittances amounted to…
A growing number of Kenyans are changing banks due to poor customer service, high fees, and unreliable mobile banking platforms, according to the Kenya Bankers Association (KBA) 2024 Customer Satisfaction…
Starting February 14, 2025, all Kenyan importers must secure Marine Cargo Insurance from local insurers to cover their shipments. In a joint statement issued in January, the Kenya Revenue Authority…
Treasury Secretary John Mbadi has announced that Kenyans are already reaping benefits of reforms in the energy sector with reduced electricity Bill.He said whilst the benefits are trickling down to…
Kenya’s diaspora remittances have recorded a significant increase, rising by 16.7% to $4.872 billion (approximately Kes 630 billion) in the 12 months leading to November 2024. This marks a sharp…
In a bid to enhance affordability and accessibility in Kenya’s telecommunications sector, Airtel Kenya has launched a new monthly package offering a variety of benefits at Ksh 1000. The announcement,…
A growing number of Kenyans are making tough financial adjustments as they navigate a difficult economic environment, a new survey by Old Mutual has revealed. Many households have resorted to…