KISUMU, Kenya, 11th November –The Kenya Revenue Authority (KRA) has announced the appointment of Mr George Obell, as the Commissioner for the Micro and Small Taxpayers Department (MST), effective 10 November, 2025. This is part of the taxman’s ongoing efforts to strengthen institutional capacity, enhance service delivery, and promote organisational excellence. Mr Obell has been…
NAIROBI, Kenya, October –The Deputy Chief of Staff at the Executive Office of the President, Mr Josphat Nanok, has commended the Kenya Revenue Authority (KRA) for championing digital transformation and inclusivity in tax administration. Speaking at the opening of the KRA Summit 2025, Nanok emphasized that efficient, customer-focused, and technology-driven tax systems are central to…
KISUMU, Kenya, October 9th -Kenya Revenue Authority (KRA) is in the process of introducing Stationless Personal Identification Number (PIN) Service Delivery, in a bid to enhance access to taxpayer services across the country, regardless of where one lives registers or operates as a taxpayer. Stationless PIN Service Delivery will decouple taxpayer services from physical stations,…
XN Iraki, University of Nairobi The Central Bank of Kenya has made two significant changes in the country’s banking sector. The first is to lift a decade-long moratorium on licensing new banks. Second is to raise capital requirements, the amount of money banks are required to keep readily available compared with the value of other…
Misheck Mutize, University of Cape Town One of the commitments the South African presidency of the G20 made in its policy priorities document at the beginning of 2025 was to push for fairer, more transparent sovereign credit ratings. And to address the high cost of capital caused by an illusive perception of high risk in…
KISUMU, Kenya, September 20th –The African Export-Import Bank (Afreximbank), in partnership with the National Bank of Rwanda (BNR), will convene the 2025 Afreximbank Compliance Forum (ACF2025) in Kigali from 12–14 November 2025. Themed “Better Compliance – Better Trade: Embracing AI to Promote and Secure Trade Through a Modern Compliance Framework, the forum seeks to leverage…
WASHINGTON DC, US, September 19th –Decline in private lending offsets increase in public borrowing; notable differences persist across countries and income groups. Global debt has stabilised, though it remains at an elevated level, as a continued reduction in private-sector lending offset greater borrowing by governments. Total debt was little changed last year, just above 235…
KISUMU, Kenya, September –Sun King Kenya has opened its first Customer Experience Centre in the lakeside city of Kisumu. The facility is expected to bring clean, reliable energy solutions closer to customers living in the greater Western Kenya. The centre is Sun King’s second Customer Experience Centre in Kenya, complementing its nationwide network of 163…
KISUMU, Kenya, September-As electricity prices continue to soar and economic pressures tighten across the country, thousands of Kenyan households are embracing alternative energy sources to power their homes, cook, and meet it’s other demands. From solar to LPG and energy-saving stoves, which are more affordable, many are shifting to the off-grid solar power technology as…
KISUMU, Kenya, September 15th –Kisumu County Small Business Owners have voiced strong opposition to the Tobacco Control (Amendment) Bill of 2024, currently up for discussion in the Senate, expressing concerns over excessive regulations affecting their industry. Sponsored by nominated Senator Catherine Mumma, the Bill aims to impose stricter controls on the production, sale, advertisement, and…