The Kenya Revenue Authority has opened a new tax amnesty window, giving taxpayers until the end of the year to clear old debts without paying a shilling in interest or penalties. The programme, re-introduced under the Finance Act 2026, took effect on 1 July 2026 and runs through 31 December 2026. It waives 100% of penalties, interest, and fines on tax debts accrued up to 31 December 2025. KRA says the initiative builds on two earlier amnesty cycles that recovered Kshs 80.9 billion in principal tax payments while bringing thousands of taxpayers back into compliance. Who Qualifies Automatically Two groups…
Author: Muindi
MultiChoice wants African fans to watch this year’s FIFA World Cup on DStv, not on a pirated stream, and it is putting real weight behind that ask. SuperSport secured broadcast rights to all 104 matches of the 2026 tournament, the largest edition in the competition’s history, and paired that investment with a direct appeal to fans: choose legal platforms, or risk undermining the very system that makes African football coverage possible. The message carries extra weight this year for a simple reason. Ten African nations qualified for the 2026 tournament, the biggest continental contingent the World Cup has ever seen.…
Absa Group has told shareholders to expect broadly flat earnings from its Africa Regions business in the first half of 2026, as a deteriorating economic backdrop and margin compression cut into a division that delivered some of the bank’s strongest growth just a year earlier. The Johannesburg-listed lender issued a voluntary trading update on 30 June, ahead of a pre-close call with analysts and investors. The update covers the six months to 30 June 2026 and lands at a rough moment for the stock: Absa shares have fallen 10.3% over the past five days, a slide that tracks closely with…
Kenya’s annual inflation cooled for the first time in three months, slipping to 6.4% in June 2026 from 6.7% in May, as softer food and energy costs took some pressure off household budgets, the Kenya National Bureau of Statistics reported. The reading keeps price growth within the Central Bank of Kenya’s target band of 2.5% to 7.5%, though it still sits above the bank’s preferred midpoint of 5.0%. Month on month, prices rose 0.2%, pushing the Consumer Price Index to 154.91 from 154.56 in May. Why The Central Bank Held Rates Steady The Monetary Policy Committee left the Central Bank…
More than 1,000 entrepreneurs, investors and business leaders will gather at the Waterfront Karen in Nairobi on 11 September 2026 for the BNI Nairobi South Business and Innovation Expo, a full day event built around one practical ambition: turning business relationships into revenue. The expo comes at a moment when Kenyan businesses are navigating a demanding economic environment. Access to capital remains tight, consumer spending faces pressure and the search for sustainable growth has pushed more businesses toward referrals and partnerships as a primary growth channel. The BNI Nairobi South Expo plants itself squarely in that gap. What the Day…
Kenya and Rwanda have signed three agreements allowing Rwanda to import bulk refined petroleum products through Kenya under a Government to Government arrangement, marking a major step in regional trade and energy security. The agreements, signed Monday at KASNEB Tower in Nairobi, comprise a Memorandum of Understanding, a Tripartite Agreement and a Transport and Storage Agreement. Together, they fully open the Northern Corridor for Rwanda’s petroleum imports. Energy and Petroleum Cabinet Secretary Opiyo Wandayi and Rwanda’s Minister of Trade and Industry Antoine Marie Kajangwe witnessed the signing, alongside Kenya Pipeline Company (KPC) Acting Managing Director Pius Mwendwa, Rwanda National Energy…

