The Kenya Revenue Authority (KRA) has recorded a stunning 256.7 % increase in tax collections at Kisumu Port for the 2024/25 fiscal year, up to Kenyan Shilling 107 million from Sh30 million prior year. (KRA) The surge is attributed primarily to tighter surveillance by the KRA’s Marine Unit, the closure of revenue loopholes along Lake […]

Kenya’s electricity sector has reached a critical juncture as the nation recorded unprecedented peak demand of 2,411.98 megawatts (MW) and the highest-ever daily energy consumption of 44,122.60 megawatt-hours (MWh) on Friday, October 24, 2025. This milestone, while indicative of robust economic growth and expanding electricity access, has simultaneously exposed a concerning vulnerability in Kenya’s power […]

President William Ruto has unveiled an ambitious infrastructure development plan that will see the Nairobi-Nakuru-Mau Summit Highway extended to cover major towns in western Kenya, including Kericho, Kisumu, Eldoret, and Busia. The announcement comes amid intensifying public discourse over the Public-Private Partnership (PPP) model being employed to finance what is set to become one of […]

Kenya is embarking on a transformative journey to unlock the vast economic potential of its ocean resources through the development of an ambitious National Marine Spatial Plan (MSP), a comprehensive 20-year strategic framework that promises to revolutionize how the country manages and benefits from its marine and coastal assets. The groundbreaking initiative, which received Cabinet […]

Despite confronting a challenging economic environment marked by slower GDP growth, elevated interest rates, and mounting operational expenses, Kenya’s banking sector demonstrated its critical importance to national revenue mobilization by collectively contributing Sh194.8 billion in taxes to the government during 2024. This substantial tax payment underscores the financial sector’s pivotal role in supporting government operations […]

A transformative infrastructure project linking Kenya and Uganda has received crucial endorsement from regional stakeholders, marking a significant milestone in East Africa’s efforts to enhance cross-border connectivity and facilitate regional trade. The 200-kilometre Kisumu–Busia / Kakira–Malaba Multinational Expressway has been officially confirmed as both feasible and investment-ready, setting the stage for what promises to be […]

Kenyans holding virtual assets such as cryptocurrencies and other digital tokens could soon have the option to insure them under new regulations proposed by the Insurance Regulatory Authority (IRA), the country’s insurance sector watchdog. This move represents a significant milestone in Kenya’s evolving approach to digital asset regulation and could position the East African nation […]

Kenya’s fiscal deficit is projected to widen by 10.23 percent in the 2026/27 financial year (FY), signaling renewed pressure on the country’s borrowing plans despite ongoing fiscal consolidation efforts by the government. This expansion in the deficit raises critical questions about the sustainability of Kenya’s public finances and the effectiveness of current fiscal policies aimed […]

Kenya has enacted sweeping cybercrime legislation that imposes penalties of up to Sh20 million ($155,000) in fines or ten years imprisonment for individuals convicted of cyber harassment and other online offences, marking one of the strictest digital governance frameworks in East Africa. President William Ruto signed the Computer Misuse and Cybercrimes (Amendment) Act, 2024 into […]

In a significant milestone for water security and community development in Kitui County, more than 2,500 residents have gained access to clean, reliable water following the commissioning of a state-of-the-art solar-powered borehole at Kitui Teachers Training College (KTTC). The Sh3.6 million project, spearheaded by the Kenya Pipeline Foundation, represents a transformative investment in sustainable water […]