Author: David Indeje

The Kenya Revenue Authority closed the 2025/2026 financial year with KES 2.844 trillion in total collections, a jump of KES 272.953 billion over the KES 2.572 trillion it raised the year before. Revenue grew 10.6 percent, nearly double the 6.8 percent recorded in FY 2024/2025, marking the taxman’s best performance in recent years despite what officials describe as a difficult operating environment. Key Numbers at a Glance Overall Revenue Performance Metric FY 2025/26 FY 2024/25 Growth Total Revenue KES 2.844 trillion KES 2.572 trillion 10.6% Exchequer Revenue KES 2.568 trillion KES 2.323 trillion 10.5% Agency Revenue KES 276.139 billion KES…

Safaricom’s next shareholder meeting will do more than approve a dividend. It will decide whether the company’s own constitution catches up with who actually controls it now. The telecom giant has called its Annual General Meeting for Friday, 31 July 2026, to be held virtually at 11 a.m. Shareholders will handle the usual business, approving accounts, a dividend, and director appointments. But the meeting also carries fourteen special resolutions requisitioned by Vodafone Kenya Limited, the vehicle that now sits at the center of Safaricom’s ownership structure. Together, they mark the most significant rewrite of Safaricom’s Articles of Association since 2017.…

Aliko Dangote has put a number on East Africa’s biggest industrial gamble. A spokesman for Dangote Industries has confirmed that the refinery planned for the Kenyan coast will cost as much as 17 billion dollars, according to Bloomberg, ending months of speculation over the true scale of the project. A Pledge Years in the Making The confirmation traces back to a promise Dangote made in person. He pledged to the leaders of Kenya and Uganda that he would build a replica of his 700,000 barrel a day refinery outside Lagos in East Africa, and Bloomberg reports construction would take about…

Kenya’s Supreme Court has stopped the state from selling off a portfolio of Cytonn linked properties, buying the company’s investment partnerships more time to argue their case at the country’s highest judicial level. A five judge bench delivered the ruling on 3 July 2026, halting the Official Receiver from enforcing vesting orders over nine properties tied to Cytonn Investments Partners entities. The ruling arrives after six years of litigation stretching back to 2020, when Cytonn’s high yield investment products first collapsed under the weight of pandemic era defaults. What the Court Actually Decided The bench, led by Deputy Chief Justice…

Kenya’s private sector economy stopped shrinking in June, snapping a run of three straight monthly contractions, according to the latest Stanbic Bank Kenya Purchasing Managers’ Index released Friday. The relief came at a cost: businesses raised their selling prices at the fastest pace ever recorded by the survey. The headline PMI climbed to 50.0 in June, up from 46.6 in May. A reading above 50.0 signals improving business conditions from the previous month, while anything below points to deterioration. Landing exactly on the neutral mark tells its own story: Kenyan firms have stopped the bleeding, even if they haven’t yet…

Kenya’s High Court has stripped a government committee of its power to block websites without a judge’s sign off, and thrown out a criminal offence that rights groups warned could jail people for online speech based on nothing more than speculation. Justice Patricia Nyaundi delivered the ruling on 2 July 2026 at the Milimani High Court, resolving six consolidated petitions filed against the Attorney General, the Communications Authority, and other state respondents. The Law Society of Kenya led the case as the lead petitioner, with other petitioners including sitting MP Babu Owino. The Kenya National Commission on Human Rights and…