The National Treasury’s Principal Secretary, Dr. Chris Kiptoo, today launched the Electronic Rental Tax Information System (eRITS), a digital platform designed to enhance rental income tax compliance and expand Kenya’s …
World
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BusinessNewsWorld
Standbic Bank Kenya to Join China’s CIPS in Strategic Pivot Toward Yuan Transactions
by Editorby EditorStanbic Bank Kenya’s parent company, Standard Bank Group, is set to join China’s Cross-Border Interbank Payment System (CIPS) by the end of 2025 in a strategic move aimed at enhancing …
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BusinessNewsWorld
American Investors Extorted in Kenya’s Tender System, U.S. Reveals
by Editorby EditorThe U.S. has once again criticized Kenya over widespread corruption in public procurement, accusing officials of extorting American firms seeking government tenders. In its 2025 National Trade Estimate Report, the …
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Yields on Kenya’s Eurobonds have surged to their highest level in nearly a year and a half, mirroring a broader sell-off in frontier market debt as global investor sentiment turned …
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BusinessNewsTechWorld
Kenya to Strip Anonymity from Crypto with New Law Targeting Tax Evasion and Crime
by Editorby EditorKenya is set to enforce tough new rules on cryptocurrency exchanges and wallet providers through the proposed Virtual Assets Service Providers Bill of 2025, aimed at curbing tax evasion, money …
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BusinessNewsTechWorld
Kenya Launches Ambitious AI Strategy to Lead Africa’s Digital Future
by Editorby EditorKenya has unveiled its Artificial Intelligence (AI) Strategy 2025–2030, positioning the country as a regional leader in AI research, innovation, and commercialization. The strategy aims to drive inclusive socio-economic development …
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BusinessNewsWorld
Kenya Launches Cutting-Edge Coffee Training Center to Boost Global Competitiveness
by Editorby EditorIn a landmark move to revitalize its coffee sector, Kenya is establishing a state-of-the-art Coffee Training Center (CTC) at the Coffee Research Institute (CRI) in Ruiru. Spearheaded by the Kenya …
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The Office of the Director of Public Prosecutions (ODPP) has announced that it is now reviewing the findings of the investigation into the tragic death of Agnes Wanjiku Wanjiru, signaling …
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Kenyan motorists could soon breathe a sigh of relief at the pump following a renewed import agreement with Gulf oil producers that lowers petroleum prices by up to 14% per …