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The latest news, breaking news, local news, national news and viral stories in Kenya
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News
CMA Reveals Where Kenyans Are Rushing to Invest as MMFs Lose Ground
3+ day, 23+ hour ago (372+ words) The Capital Markets Authority (CMA) has revealed a shift in how Kenyans invest their money, with Special Funds and Fixed Income Funds recording higher growth than Money Market Funds (MMFs) in the second quarter of 2026. According to the CMA’s Collective…...
KRA Explains Which Kenyans are Exempt from New Tax Filing Deadline
3+ day, 21+ hour ago (407+ words) The Kenya Revenue Authority (KRA) has clarified which taxpayers will be required to file their returns by April 30 from 2027 following changes introduced under the Finance Act 2026. In a notice, KRA said the new April 30 deadline will apply only to individuals…...
More Kenyans Move Savings Into Dollar MMFs Instead of Shillings - Report
4+ day, 4+ min ago (248+ words) More Kenyans are moving their savings into dollar-denominated investments, with new figures showing the pace at which the shift is taking place. According to the Capital Markets Authority (CMA), investments in foreign currency-denominated funds grew by Ksh15 billion in three months,…...
Kenya Moves to Change How It Borrows Money Amid Rising Debt
4+ day, 15+ hour ago (321+ words) Kenya is among countries expected to feature in a new frontier-market local-currency debt index being developed by JPMorgan as the global banking giant seeks to expand its coverage of government bond markets. Kenyans.co.ke has learnt that the planned…...
KRA Gives Kenyans New Deadline for Filing Tax Returns
5+ day, 20+ hour ago (385+ words) The Kenya Revenue Authority (KRA) has directed individual taxpayers to henceforth file their income tax returns by April 30, replacing the traditional June 30 deadline. KRA on Tuesday, September 8, said the changes followed the enactment of the Finance Act 2026, which requires taxpayers…...
World Bank Reforms Kenya Must Complete to Unlock Ksh94 Billion
1+ week, 4+ day ago (313+ words) The World Bank has outlined reforms for the National Treasury to implement aimed at tightening controls on public payrolls and curbing irregular government spending. During a meeting with World Bank Regional Practice Director Hassan Zaman and Divisional Director for Kenya,…...
Kenyan Borrowers Get Key Warning as Court Rules on Foreign Loans
1+ week, 5+ day ago (331+ words) The Court of Appeal has warned Kenyan borrowers that failing to repay a foreign loan cannot automatically be excused because the lender is not registered to operate in Kenya. The warning came after the court overturned a High Court decision…...
Ministry Names Kenyan Farmers Set to Benefit From China Duty-Free Deal
2+ week, 16+ hour ago (429+ words) Kenyan farmers and exporters are set to gain wider access to the Chinese market after a new trade arrangement removed import duties on about 98.2 per cent of tariff lines covering Kenyan exports. The agreement opens duty-free access for a wide…...
New Report Reveals Leading Channels Used by Fraudsters in Kenya
2+ week, 6+ day ago (424+ words) A new report has revealed that mobile money dominates Kenya’s fraud landscape, emerging as the leading channel exploited by criminals to con unsuspecting Kenyans out of their money. The findings are contained in a report by the National Computer and…...
Global Rating Agency Warns Ruto, Mbadi Over Costly Loans
3+ week, 2+ day ago (373+ words) S&P Global Ratings has warned that Kenya’s fiscal deficit could widen to 7.1 per cent of GDP in the 2026/27 financial year, driven by revenue shortfalls, rising interest payments and increased spending ahead of the 2027 General Election. The projected deficit is…...