Nairobi, Kenya – As East Africa braces for an economic showdown, Kenya has joined Uganda, Rwanda, and Tanzania in presenting competing budget blueprints for the 2025/26 fiscal year, collectively allocating over $58 billion to reshape the region’s economic landscape. With growth projections diverging and taxation strategies clashing, these budgets reveal how each nation plans to…
Nairobi, Kenya – The Kenya Revenue Authority (KRA) has launched its most aggressive compliance crackdown in five years, deactivating 23,000 VAT accounts while simultaneously reporting a record KSh 32 billion VAT collection for May 2024. This dual action reveals the tax agency’s new “carrot-and-stick” approach to boosting revenue, combining enforcement with improved service delivery. But…
Nairobi, Kenya – In a development that could cost Kenya’s economy up to $3.2 billion annually, the European Commission has formally recommended adding Kenya to its list of high-risk jurisdictions for money laundering and terrorist financing. This “grey listing” – if approved by the European Parliament – would place Kenya alongside countries like South Africa…
Nairobi, Kenya – World Bank report has cited that systemic governance failures – not just technical or market factors – are the primary driver behind Kenya’s persistently high electricity costs, which remain 42% above the African average despite the country’s abundant renewable energy resources. The findings come as Kenyan households and businesses grapple with power…
Nairobi, Kenya – May 14, 2025 The just-concluded Nairobi County Web3 & Blockchain Bootcamp Award Ceremony marked the triumphant end of a three-day intensive innovation program aimed at nurturing the next generation of blockchain developers. Hosted by MUIAA Labs in collaboration with the Nairobi City County Government and Computer Aid International, the event brought together…
