Treasury Cabinet Secretary John Mbadi has proposed new filing deadlines requiring taxpayers with nil returns to submit annual declarations one month after the end of the tax year, as part of sweeping changes to Kenya's tax administration system. The proposal aims to give the Kenya Revenue Authority more time to verify and validate tax returns before the start of a new financial year.
11 June 2026 · Citizen Digital →
The National Treasury has disbursed Sh87 billion through the Hustler Fund since its 2022 launch, reaching 28 million accounts and extending formal financial services to millions previously lacking credit access. Treasury Cabinet Secretary John Mbadi said the fund has brought millions into the formal financial ecosystem, including 4.5 million Kenyans who were previously listed on credit reference bureaus and are now building formal credit records.
11 June 2026 · Capital News →
As Finance Cabinet Secretary John Mbadi presented Kenya's 2026/2027 national budget of 4.8 trillion shillings in Parliament, many Kenyans managed personal household budgets constrained by rent, school fees, and debt, with payday becoming a negotiation rather than a celebration for employed workers.
11 June 2026 · Citizen Digital →
The Anti-Counterfeit Authority confirmed it raided Shiquo Hii Style's shop in Nairobi CBD on Tuesday, confiscating suspected counterfeit goods. The Authority stated the operation was part of intelligence-led enforcement based on complaints, surveillance and investigations, not a targeted campaign.
11 June 2026 · Citizen Digital →
Banking, manufacturing and technology sector leaders said businesses must move beyond environmental targets to focus equally on human welfare, inclusion and community impact. KCB reported that digital innovation has expanded financial inclusion to over 30 million Kenyans accessing digital credit services, and disclosed a KSh15 billion lending facility for youth and women entrepreneurs alongside its Tojijiri entrepreneurship programme.
11 June 2026 · Capital News →
Family Bank has received formal approval from the Capital Markets Authority to list on the Nairobi Securities Exchange by way of introduction, allowing current shareholders and other investors to trade the bank's shares and establishing a fair price for them.
11 June 2026 · Citizen Digital →
Capital Group Limited has announced a strategic shift from traditional CSR initiatives toward a model focused on long-term and measurable social impact. Speaking at Strathmore University, Managing Director Simon Bargurei urged organisations to move beyond charitable activities and short-term campaigns to deliver sustainable change with transparency and accountability.
11 June 2026 · Capital News →
The Anti-Counterfeit Authority is defending an intensified campaign against fake products, including a raid in Nairobi where goods estimated at Sh15 million suspected to be counterfeit Nike shoes were seized from a retail outlet at RNG Plaza. The authority says its operations are intelligence-driven and lawful, aimed at protecting consumers, though the action has sparked mixed reactions from traders.
11 June 2026 · Capital News →
At a sustainability townhall in Nairobi, industry experts said businesses must prioritise youth inclusion and skills development within their ESG frameworks to build resilient workforces and drive inclusive economic growth. Speakers from manufacturing, technology and financial services noted that strategic partnerships between industry and learning institutions are key to bridging the gap between academic training and market requirements.
11 June 2026 · Capital News →
President Ruto met with business leaders ahead of a Finland–Kenya Business Forum in Helsinki, heading a delegation from Kenya's technology, connectivity, data infrastructure, financial services and investment sectors. The forum aims to explore opportunities in digital economy, innovation, connectivity and sustainable development, with expected discussions on fintech, data centres, digital services, artificial intelligence and green technology.
11 June 2026 · Capital News →
South Korea's Personal Information Protection Commission imposed a record 624.68 billion won fine on e-commerce giant Coupang over a data leak that allegedly exposed more than 30 million customers' data; the company said it would challenge the fine in court.
11 June 2026 · Citizen Digital →
Chinese household help platform 58.com, in collaboration with robotics company X Square, has launched a human-robot cleaning service in Beijing where cleaners work alongside AI-powered robots equipped with cameras and mechanical claws. The service costs 149 yuan for three hours and represents an early step toward robots taking on manual labour, though such services currently function largely as data-gathering exercises for companies.
11 June 2026 · Citizen Digital →
Dentsu Kenya has introduced Merkury, a data and AI system with a "Consumer in Your Pocket" model, to help brands reach consumers with precision as marketing budgets and household spending shrink. The platform is designed to support brands in financial services, telecommunications, fast-moving consumer goods, and retail sectors.
11 June 2026 · The Standard →
Kabarak University and NCBA bank have jointly launched a four-month entrepreneurship training programme aimed at equipping local SME entrepreneurs with practical skills, networking opportunities, and global market insights. The initiative is intended to address the high failure rate among local startups by bridging the gap between theory and practical business application.
11 June 2026 · The Standard →
National Treasury CS John Mbadi delivered a Sh4.8 trillion budget statement amid economic shocks and public concerns about potential tax increases.
11 June 2026 · The Standard →
The National Assembly Committee on Trade, Industry and Cooperatives has raised questions about the safety of thousands of tonnes of imported raw sugar, citing missing information on manufacture details, expiry dates, and traceability.
11 June 2026 · The Standard →
The National Treasury Cabinet Secretary will present a pre-election budget with a Sh1.1 trillion deficit as both the IMF and World Bank have held back funding, forcing the government to rely on domestic borrowing or new taxes. The World Bank has yet to disburse a Sh96.9 billion loan under its Development Policy Operation, with negotiations still ongoing.
11 June 2026 · The Standard →
The government has warned of rising fraudulent Saccos formed ahead of the 2027 General Election and is tightening regulations in the cooperative sector. Cabinet Secretary Wycliffe Oparanya said the ministry now requires any Sacco seeking licensing to have a minimum capital base of Sh10 million within the county of operation.
11 June 2026 · The Standard →
Treasury Cabinet Secretary John Mbadi proposed Sh261 billion for transport infrastructure in the 2026-2027 budget, with Sh220.4 billion allocated to roads—including Sh118.1 billion for maintenance, Sh58 billion for rehabilitation, and Sh44.3 billion for construction of new roads and bridges.
11 June 2026 · The Standard →
Treasury Cabinet Secretary John Mbadi announced that Kenyans declaring zero income must file tax returns by January 31 from next year, five months earlier than the current June 30 deadline, to allow the Kenya Revenue Authority time to verify and validate returns before a new financial year begins.
11 June 2026 · The Standard →
President William Ruto has undertaken diplomatic visits across Tanzania, Azerbaijan, Kazakhstan, South Africa, Belgium and Finland to strengthen economic and strategic cooperation, with officials saying the engagements aim to lower the cost of doing business, support job creation and improve economic opportunities. The long-term impact depends on implementation of agreements reached, and the trips remain subject to public and policy debate regarding their cost versus potential economic gains.
11 June 2026 · The Standard →
At the 13th World Urban Forum in Baku, Kenya's Principal Secretary for Housing and Urban Development presented the government's 1.5 per cent housing levy as necessary to regain control of the country's housing market, which had been left to the private sector since the early 1990s.
11 June 2026 · The Standard →
Kenya's retail landscape is undergoing transformation as shopping malls move away from traditional models focused on scale, anchor tenants, and centralised urban locations, towards new approaches in design and activation.
11 June 2026 · The Standard →
Kenya's Regional Electronic Cargo Tracking System (RECTS) now tracks cargo trucks in real time from Mombasa Port to their final destinations, replacing the previous escort system used before March 2017.
11 June 2026 · The Standard →
The government could raise nearly Sh1 trillion through securitisation—pledging future tax and levy collections as collateral for loans—despite public protest and legal challenges. The model is becoming the standard approach for Kenya's infrastructure financing as borrowing and tax revenue options remain limited.
11 June 2026 · The Standard →
Zakhem International Construction Ltd has filed a case against Kenya Pipeline Company Ltd claiming unpaid contract dues of Sh10.6 billion, continuing a multibillion-shilling dispute between the two companies.
11 June 2026 · The Standard →
National Treasury CS John Mbadi is set to deliver a budget statement amid economic shocks and public pushback over tax concerns.
11 June 2026 · The Standard →
TECH Global University has been recognised as a Google Partner Premier, a distinction granted annually to the world's most outstanding online companies, representing 3 per cent of companies committed to high-quality digital services. The award certifies the university's technological infrastructure and advanced virtual learning platform, with website loading times of less than 3 seconds.
11 June 2026 · The Standard →
Kenya National Highways Authority will temporarily close sections of Mombasa Road and the Nairobi Expressway for 24 hours to install footbridge beams and enhance pedestrian safety. Motorists are advised to use designated diversion routes during the works.
11 June 2026 · The Standard →
Family Bank has received formal approval from the Capital Markets Authority to list on the Nairobi Securities Exchange by way of introduction on June 23, 2026. The listing will allow current shareholders to trade shares and broaden investor participation without requiring the bank to raise additional capital.
11 June 2026 · The Standard →