Economy

The Kenya Revenue Authority (KRA) has done away with the requirement for filing Nil Returns and introduced a new category known as “PIN with No Obligation” (PWO), signaling a major change in Kenya’s tax compliance system. This update is set to benefit individuals without income—such as students and others not …

Outsourcing company Sama has announced plans to lay off 1,108 employees at its Nairobi office following the termination of a major contract by Meta Platforms. In a redundancy notice dated April 16, the firm said the job cuts come after Meta formally ended a key engagement that had been supporting …

Kenyan tea farmers are warning of a difficult year ahead as escalating conflict in the Middle East disrupts major shipping routes, causing delays in exports and putting billions in earnings at risk. According to Enos Njeru, chairman of the Kenya Tea Development Agency Holdings, the sector is coming under growing …

The Kenya National Chamber of Commerce and Industry (KNCCI) has raised concerns over the continued high cost of fuel, warning that it is putting heavy pressure on the transport sector and could trigger wider economic instability if no urgent interventions are made. In a statement, the chamber said elevated pump …

Car dealers and importers are facing challenges following stricter rules by the National Transport and Safety Authority (NTSA) on the use of KD number plates, with industry players warning of delivery delays and operational disruptions. Under the new regulations, KD plates—typically used on unregistered vehicles—are now restricted to specific purposes …

A decision by Treasury Cabinet Secretary John Mbadi to lower VAT on fuel to 8 per cent is now facing legal scrutiny. In a gazette notice issued on April 15, Mbadi reduced VAT from 13 per cent to 8 per cent—just a day after an earlier cut from 16 per …

Livestock PS Jonathan Mueke has revealed that Kenya’s appetite for pork is almost twice the country’s current production, highlighting a major supply gap in the livestock sector. According to Mueke, demand in 2025 reached about 38,500 metric tonnes, while local production stood at just 23,000 metric tonnes. He noted that …

EPRA has announced a drop in fuel prices, cutting the cost of Super Petrol by Sh9.37 and diesel by Sh10.21 per litre after a reduction in Value Added Tax (VAT). In the new pricing, Super Petrol will retail at Sh197.60 per litre, while diesel will go for Sh196.63, with kerosene …

Siaya Governor James Orengo has strongly condemned the latest fuel price increases by the Energy and Petroleum Regulatory Authority (EPRA), accusing the agency of lacking transparency and disregarding the public. In his statement, Orengo argued that the regulator raised fuel prices without clearly explaining how the new rates were determined, …

Matatu operators have announced a 30% increase in fares effective today, April 15, following a sharp rise in fuel prices, a move set to push commuting costs higher across the country. Speaking on Tuesday, Matatu Owners Association chairman Albert Karakacha said the decision was driven by the latest fuel price …