Parliament’s Finance and National Planning Committee rejected a move to reduce Kenya’s highest PAYE tax rate despite months of lobbying by banks, accountants, and economists to reduce the tax on workers. The Committee, chaired by Molo MP Kuria Kimani, rejected proposals to cut the top marginal rate from 35 per cent to 28-30 per cent
Kenya stands among African countries set to benefit from a Ksh 74 billion European Union emergency package designed to strengthen preparedness and response to the Ebola outbreak in the Great Lakes region. Leaders announced the support on Wednesday, June 17, 2026, through a joint declaration by G7 members and partner states, including Kenya, as they
Kenyan small and medium enterprises (SMEs) approach 2026 with a high level of optimism, with 70% projecting a rise in revenues in the next 12 months. The study highlights Kenya’s dominant position in the region in the adoption of mobile payment methods, with 95% of SMEs accepting mobile money. Mobile payments are now driving growth
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