Substrate
Topic

Kenya Economy

5 stories related to this topic, newest first.

Kenya President Proposes Income Tax Exemption Below KSh30,000france24.com
finance12 hrs agoDeveloping

Kenya President Proposes Income Tax Exemption Below KSh30,000

President William Ruto announced plans to exempt Kenyans earning KSh30,000 and below from income tax. The proposal would create an estimated KSh40 billion revenue gap.

AllAfrica
1 source
Matatu Operators Plan Up to 50% Fare Hike Following Fuel Price Increasecitizen.co.za
world14 days agoDeveloping

Matatu Operators Plan Up to 50% Fare Hike Following Fuel Price Increase

Operators in Nairobi said the latest fuel price adjustment has made operations unsustainable, citing sharp increases in diesel and petrol prices. They threatened to withdraw services nationwide from Monday unless the government intervenes with action or subsidies. The announcemen…

AllAfrica
1 source
EPRA to Announce May Fuel Prices as Global Oil Costs Riserte.ie
world15 days agoDeveloping

EPRA to Announce May Fuel Prices as Global Oil Costs Rise

The Energy and Petroleum Regulatory Authority is set to announce its monthly fuel price review on Thursday evening, 14 May 2026, with the current cycle having ended that day. Pump prices in Nairobi exceeded Sh206 per litre for petrol and diesel after one of the steepest increases…

AllAfrica
1 source
Kenya Delays Income Tax Relief for Low-Income Workers Citing Revenue Shortfallagriculture.einnews.com
finance18 days agoDeveloping

Kenya Delays Income Tax Relief for Low-Income Workers Citing Revenue Shortfall

The government has postponed plans to exempt workers earning up to 30,000 shillings from PAYE tax and to reduce the rate for those earning between 30,000 and 50,000 shillings. Officials cited a projected 35 billion shilling revenue gap. The Treasury is reviewing whether higher co…

AllAfrica
1 source
Kenya Plans Taxes on Mobile Phones and Banking Fees to Raise RevenueBloomberg
finance20 days agoDeveloping

Kenya Plans Taxes on Mobile Phones and Banking Fees to Raise Revenue

Kenya is preparing to introduce taxes on mobile phones and banking fees as part of measures to generate nearly $1 billion in additional revenue. The government aims to reduce the country's fiscal deficit to its lowest level in a decade while addressing debt challenges. The plans…

Bloomberg
1 source