Kenya State Think Tank Warns Raising VAT Risks Driving Firms To Informal Sector
Kenya VAT rate above 16 percent would push small firms into the informal sector and cut total revenue, the state...
August 8, 2026Section
Kenya News in English
The Rio Times covers Kenya daily in English — the shilling, tech, tea and politics in East Africa’s anchor economy. Today’s Kenya news in English, updated every day, with market data and analysis.
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New Financial Scams Sweep Kenya As Authorities Watch
Reported cybercrime incidents in Kenya rose 67 percent in the first half of 2026, with mobile money fraud accounting for...
August 8, 2026
Letshego Sells Five African Units to Axian as Kenya Waits Behind a Legal Snag
Letshego Holdings sells 5 African units in Uganda, Rwanda, Tanzania, Ghana and Nigeria to Axian for US$62.7 million, shrinking to...
August 7, 2026
Diageo Collects a Record EABL Dividend While Its Exit Stays Frozen
The EABL dividend hands Diageo Sh4.47 billion (US$34.5 million) after a record year, while a Kenyan court order keeps its...
August 7, 2026
Safaricom Ethiopia Races Toward Breakeven With 14.7 Million Customers
Safaricom Ethiopia grew active customers 46% to 14.7 million in the June quarter, halved losses and kept EBITDA breakeven on...
August 6, 2026
Ruto Orders a US$23 Monthly Stipend for Kenya’s Village Elders
President William Ruto has ordered a KSh 3,000 monthly stipend for over 106,000 village elders starting in mid-2026, a KSh...
August 4, 2026
Nairobi Securities Exchange Hits US$31 Billion Market Cap
The Nairobi Securities Exchange has passed Sh4 trillion, about US$31 billion, for the first time, driven by domestic institutional money.
August 4, 2026
DP World Backs US$100M Mombasa Special Economic Zone
The DP World Mombasa SEZ project covers 535 acres at Jomvu and is worth over KSh 12 billion, with 67...
August 3, 2026 Kenya Plans US$7.6 Billion Domestic Borrowing in 2026/27
Kenya plans to raise KSh 1.03 trillion (US$7.6 billion) from domestic bonds and Treasury bills in FY2026/27, leaning on local...
July 31, 2026