Kenya Unveils eRITS to Boost Rental Tax Compliance and Expand Revenue Base
The National Treasury’s Principal Secretary, Dr. Chris Kiptoo, today launched the Electronic Rental Tax Information System (eRITS), a digital platform designed to enhance rental...
Standbic Bank Kenya to Join China’s CIPS in Strategic Pivot Toward Yuan Transactions
Stanbic Bank Kenya’s parent company, Standard Bank Group, is set to join China’s Cross-Border Interbank Payment System (CIPS) by the end of 2025 in...
American Investors Extorted in Kenya’s Tender System, U.S. Reveals
The U.S. has once again criticized Kenya over widespread corruption in public procurement, accusing officials of extorting American firms seeking government tenders.In its 2025...
Kenya’s Eurobonds Yields Hit Highest in 17 Months
Yields on Kenya’s Eurobonds have surged to their highest level in nearly a year and a half, mirroring a broader sell-off in frontier market...
Kenya to Strip Anonymity from Crypto with New Law Targeting Tax Evasion and Crime
Kenya is set to enforce tough new rules on cryptocurrency exchanges and wallet providers through the proposed Virtual Assets Service Providers Bill of 2025,...
