US remittance tax introduced, raising costs for Kenyans working in America
A new remittance tax imposed by the United States officially took effect on January 1, 2026, introducing additional costs for ...
Monday, September 21, 2026
Tag: Kenya Economy
Kenya’s Infrastructure Sector Poised for Growth in 2026
Kenya's infrastructure sector is set for a transformative year in 2026 through innovative financing and flagship projects aimed at boosting ...
Kenya opens market to duty free sugar imports after 24 years
Kenya has officially opened its sugar market to duty free imports following the lapse of the COMESA Sugar Safeguard on ...
Diageo, Vodafone exit and the quiet unravelling of Britain’s corporate hold on Kenya
For much of the post-independence period, British companies held significant positions across Kenya’s economy, with strong representation in manufacturing, banking, ...
Kenya’s national infrastructure fund and sovereign wealth fund
President William Ruto’s administration is advancing plans to establish two major financing vehicles: a National Infrastructure Fund (NIF) and a ...
World Bank warns Kenya against shielding state firms from market competition
The World Bank has raised concerns over Kenya’s continued protection of state owned enterprises (SOEs), warning that shielding them from ...
Kenya struggles to rein in recurrent spending-World Bank warns
In its latest economic assessment of Kenya, the World Bank has raised serious concerns over the country’s inability to rein ...
Kenya’s landmark entry into the IMD world competitiveness ranking 2025 as Africa’s top performer at 56th globally
Kenya has been admitted for the first time into the Institute for Management Development (IMD) World Competitiveness Ranking 2025, emerging ...
Kenya’s remittance risk
On March 6, 2025, I wrote an article titled “The looming threat of taxes on remittances: Kenya must prepare,” warning that taxes ...
World Bank: Kenya’s growth at risk from debt and poverty
Kenya’s economy is at a critical crossroads in 2025 as per the April 2025 World Bank’s assessment, with macroeconomic indicators stabilizing after a difficult period marked ...
