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New Regulations for Kenyan Diaspora Tax Reporting to Take Effect in 2026
Business

New Regulations for Kenyan Diaspora Tax Reporting to Take Effect in 2026

The Kenyan government has announced that new tax reporting obligations for its citizens living abroad will be enforced starting January 1, 2026. This move is part of an effort to streamline tax compliance and ensure t…

May 21, 2026
SpaceX Files for IPO That Could Catapult Elon Musk to Trillionaire Status
Business

SpaceX Files for IPO That Could Catapult Elon Musk to Trillionaire Status

SpaceX, the aerospace manufacturer and space transport services company founded by Elon Musk, has officially filed for an initial public offering (IPO) that could potentially value the company at a staggering $1.75 tr…

May 20, 2026
SpaceX Files for IPO, Paving the Way for Elon Musk's Trillion-Dollar Ambitions
Business

SpaceX Files for IPO, Paving the Way for Elon Musk's Trillion-Dollar Ambitions

SpaceX has officially filed for an initial public offering (IPO) that could significantly elevate Elon Musk's financial status, potentially making him a trillionaire. The company, known for its advancements in space t…

May 20, 2026
OpenAI Gears Up for Highly Anticipated IPO Amid Tech Sector Buzz
Business

OpenAI Gears Up for Highly Anticipated IPO Amid Tech Sector Buzz

OpenAI is reportedly preparing to file for an initial public offering (IPO) in the coming weeks, a move that has generated significant interest in the tech sector. As one of the most anticipated IPOs in recent memory…

May 20, 2026
OpenAI Set to Launch Initial Public Offering Amid Growing Tech Buzz
Business

OpenAI Set to Launch Initial Public Offering Amid Growing Tech Buzz

OpenAI is reportedly preparing to file for an initial public offering (IPO) in the coming weeks, marking a significant moment in the tech industry. The anticipated IPO has generated considerable excitement, as OpenAI…

May 20, 2026
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The AI Revolution: Navigating Job Displacement and Economic Anxiety
Business

The AI Revolution: Navigating Job Displacement and Economic Anxiety

The rise of artificial intelligence (AI) has sparked a wave of concern globally, as many professionals grapple with the implications of this transformative technology on employment. From chatbots handling customer ser…

May 20, 2026
Global Crackdown on Romance Scammers: Dozens Arrested in Major Operation
Business

Global Crackdown on Romance Scammers: Dozens Arrested in Major Operation

In a significant move against online fraud, a specialist team of financial crime experts has launched a targeted crackdown on romance fraudsters and scammers, leading to the arrest of dozens of individuals. This opera…

May 20, 2026
Kenya Airways Customers Can Now Redeem Points at Accor Hotels Worldwide
Business

Kenya Airways Customers Can Now Redeem Points at Accor Hotels Worldwide

Kenya Airways and Accor have launched a loyalty partnership that allows customers to exchange and redeem points across flights, hotels and lifestyle services.The agreement, announced in Nairobi on Tuesday, makes Kenya…

May 13, 2026
John Mbadi Says Mitumba Tax Proposal Will Return Through Finance Bill Amendments
Business

John Mbadi Says Mitumba Tax Proposal Will Return Through Finance Bill Amendments

Treasury Cabinet Secretary John Mbadi has confirmed that a proposed simplified tax on mitumba imports was left out of the Finance Bill 2026, but the government plans to reintroduce it through amendments during parliam…

May 11, 2026
How Finance Bill 2026 Taxes on Mitumba and Mobile Phones Will Affect You
Business

How Finance Bill 2026 Taxes on Mitumba and Mobile Phones Will Affect You

Kenya’s draft Finance Bill 2026 proposes new taxes on second-hand clothing and mobile phones, setting out changes that could affect import costs and consumer prices.The Bill, presented to Parliament by National Treasu…

May 6, 2026
Central Bank of Kenya Warns Inflation Could Hit 6.2% as Global Oil Pressures Mount
Business

Central Bank of Kenya Warns Inflation Could Hit 6.2% as Global Oil Pressures Mount

Kenya’s inflation rate could rise to 6.2 percent in July if disruptions to global oil supplies persist, the Central Bank of Kenya (CBK) has said.The warning reflects growing pressure from higher fuel costs linked to s…

Apr 17, 2026
Kenya Airways Rolls Out 15% Discount on New York Flights Ahead of 2026 FIFA World Cup
Business

Kenya Airways Rolls Out 15% Discount on New York Flights Ahead of 2026 FIFA World Cup

Kenya Airways is offering discounted fares of up to 15 per cent on direct flights to New York for the 2026 FIFA World Cup, with return economy tickets starting from Ksh160,905 from Kisumu.The promotion applies to trav…

Apr 10, 2026
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Inside Kenya’s Pension Battles: Retirees Take the State to Court Over Dues
Business

Inside Kenya’s Pension Battles: Retirees Take the State to Court Over Dues

Thousands of retired public servants in Kenya are pursuing court action to recover pension benefits they say were delayed or wrongly calculated.For many former civil servants, teachers, and employees of state corporat…

Apr 10, 2026
How Onion Farming Can Make You a Millionaire
Business

How Onion Farming Can Make You a Millionaire

Kenya’s onion sector is expanding rapidly, driven by the adoption of hybrid seeds, improved farming methods, and growing regional trade.In recent years, the industry has shifted from traditional seed varieties and low…

Apr 4, 2026
KRA Launches WhatsApp Platform for Tax Filing and Invoicing
Business

KRA Launches WhatsApp Platform for Tax Filing and Invoicing

The Kenya Revenue Authority (KRA) has launched a WhatsApp-based service that enables taxpayers to file returns and generate invoices directly through the messaging platform.The new service is built around the Shuru Ch…

Apr 1, 2026
Kenya Airways Reports Sh17.2 Billion Loss for 2025
Business

Kenya Airways Reports Sh17.2 Billion Loss for 2025

Kenya Airways recorded a net loss of Sh17.2 billion for the financial year ending December 2025, reversing a Sh5.4 billion profit from 2024.The airline’s operating loss narrowed to Sh5.6 billion, down from Sh16.6 bill…

Mar 24, 2026
Kenya Airways Reports Surge in International Passenger Demand
Business

Kenya Airways Reports Surge in International Passenger Demand

Kenya Airways has seen a sharp increase in passenger bookings on its international flights, with many routes operating near full capacity.The airline attributed the rise to disruptions in global aviation caused by the…

Mar 23, 2026
Iran War Disrupts Kenya’s Billion-Shilling Meat Export Market
Business

Iran War Disrupts Kenya’s Billion-Shilling Meat Export Market

Kenya’s agricultural exports are facing delays and suspensions, with meat and animal products worth around Sh300 million weekly affected by disrupted trade routes.Agriculture Cabinet Secretary Mutahi Kagwe said the co…

Mar 13, 2026
Kenya and Rwanda Sign Deal to Ease Cross-Border Payments
Business

Kenya and Rwanda Sign Deal to Ease Cross-Border Payments

The National Bank of Rwanda (NBR) and the Central Bank of Kenya (CBK) have signed a memorandum of understanding to establish a cross-border payment licensing framework. The agreement aims to allow payment service prov…

Mar 12, 2026
Kenya’s Inflation Eases to 4.3% in February as Fuel Prices Fall
Business

Kenya’s Inflation Eases to 4.3% in February as Fuel Prices Fall

Kenya's inflation rate eased slightly in February, with the Consumer Price Index (CPI) from the Kenya National Bureau of Statistics (KNBS) showing mixed movements across key sectors.Food prices remain a major contribu…

Feb 27, 2026