SASRA Chief Executive Officer David Sandagi speaks during the 3rd National Credit Market Convention. PHOTO| courtesy

SASRA invites comments on draft ICT guidelines for Saccos

SASRA seeks public views on proposed ICT rules for regulated Saccos. The draft guidelines cover cybersecurity, data protection and technology risks. Stakeholders have until November 20 to submit comments. The Sacco Societies Regulatory Authority (SASRA) is seeking public views on new draft technology guidelines for regulated Saccos in Kenya. The regulator has called on stakeholders…

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President William Ruto assents to the VAT Amendment Bill and the Kenya Revenue Authority (Amendment) Bill at Eldoret State Lodge on October 16, 2026.

VAT law keeps fuel tax at 8pc after Ruto assent

President Ruto signs tax laws extending reduced VAT on fuel and changing levies on selected building materials. The legislation maintains an 8 per cent VAT rate on petrol, diesel and paraffin for an initial 90 days. Kenya Revenue Authority board changes aim to strengthen coordination in tax collection and customs operations. Kenyans will keep paying…

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Webuye West MP Daniel Wanyama, chairperson of the National Assembly’s Departmental Committee on Sports and Culture, during a meeting with stakeholders to receive submissions on the Creative Economy Bill, 2026, at Bunge Tower on Thursday

Creative Economy Bill draws calls for wider representation

Creatives want the proposed law expanded to cover more artistic disciplines. Intellectual property rights emerge as a key point of contention in the Bill. Stakeholders push for stronger opportunities for youth, women and persons with disabilities. Stakeholders in Kenya’s creative industry have called for changes to the proposed Creative Economy Bill, 2026, to ensure it…

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KRA uncovers Ksh 4 billion VAT fraud using fake invoices

KRA uncovers a major VAT fraud scheme involving fictitious invoices worth billions of shillings. Investigations reveal links between businesses, individuals and possible internal facilitation. Taxpayers using fake invoices face prosecution as KRA moves to recover lost revenue. The Kenya Revenue Authority (KRA), through its Investigations and Enforcement Department, has uncovered a sophisticated tax fraud scheme…

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Tharaka Nithi Governor Muthomi Njuki, the newly elected Council of Governors (CoG) chairperson.-/ courtesy

Njuki vows to defend devolution, push county funding to Sh500bn

Njuki pledges to defend devolution against political interference as he takes over leadership of the Council of Governors. He plans to push for Ksh500 billion in county funding and strengthen engagement with Parliament. Njuki vows to pursue stalled development projects and improve funding to support service delivery across the 47 counties. Tharaka Nithi Governor Muthomi…

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Kenyans receiving services at the Kenya Revenue Authority headquarters. PHOTO/KRA

KRA misses first quarter revenue target by Sh58.2 billion

KRA’s first quarter collections fell short of the Treasury target despite recording year-on-year growth. Higher government spending widened the fiscal deficit, putting pressure on plans to reduce borrowing. Stronger customs revenue offered relief as domestic taxes struggled to meet expectations. Kenya Revenue Authority (KRA) collections fell Ksh58.2 billion short of target in the first quarter…

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President William Ruto chairs a Cabinet meeting that approved the payment of verified government pending bills worth Ksh23.74 billion. PHOTO| courtesy

Pending bills worth Sh23.74 billion approved for payment

Suppliers and contractors are set to receive payments after Cabinet clears verified government debts. Small businesses owned by women, young people and persons with disabilities will receive priority. Claims dating back to 2005 feature in a long-running effort to settle outstanding government bills. Thousands of suppliers and contractors owed by the Government can expect payment…

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President William Ruto, Agriculture CS Mutahi Kagwe and other leaders during the Agriculture and Food Systems Transformation Summit at Jamhuri Park ASK Showground in Nairobi. PHOTO| courtesy

Dairy farmers urged to tap government reforms to earn more

Dairy farmers are being urged to take advantage of government reforms to improve production and earnings. New investments in infrastructure and technology could create fresh opportunities for dairy households. The Kenya Dairy Board is stepping up efforts to strengthen milk quality, farmer training and market access. Kenyan dairy farmers are being urged to use new…

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