Jimmy Mbogoh

May 08, 2026 07:42 (EAT) • 1 day ago

KRA now seeks powers to use individual data for tax collection

In the Bill, the National Treasury is seeking to amend the Tax Procedures Act to empower the KRA Commissioner to determine the tax liability of a person or persons suspected of having entered into or carried out a tax avoidance scheme.

May 01, 2026 04:48 (EAT) • 1 week ago

Treasury proposes Ksh.4.82 trillion budget for 2026/27 financial year

The National Treasury has presented to Parliament the government’s budget estimates, raising total expenditure to Ksh.4.82 trillion, the highest in the country’s history.The Treasury intends to borrow upwards of Ksh.1.1 trillion, much of it from the domestic market.

April 24, 2026 01:37 (EAT) • 2 weeks ago

Car prices set to rise as importers decry new taxes imposed by KRA

According to the importers, the authority is using the Container Freight Station (CFS) - a secure, off-dock storage facility where imported vehicles are transferred from ships for inspection, customs clearance, and storage before collection - to do “confirmation,” a process that they argue has been...

April 23, 2026 10:30 (EAT) • 2 weeks ago

Kenya to invest in Uganda's Ksh.500 billion oil refinery

The announcement comes on the back of Uganda's efforts to acquire a control stake in the Kenya Pipeline Company (KPC) in the recently concluded privatisation following the government’s divestiture.

April 10, 2026 09:33 (EAT) • 4 weeks ago

KRA attributes Humphrey Wattanga’s exit to failure to meet revenue targets

The move comes months before the end of Wattanga’s term, with the KRA board immediately initiating the search for his successor.

April 07, 2026 04:28 (EAT) • 1 month ago

New bill seeks to prioritise Kenyan jobs, goods in foreign firms

Laikipia County Woman Representative Jane Kagiri, the mover of the bill, says it intends to reshape how foreign companies operate in Kenya by prioritizing local workers, goods, and services in a bid to curb what she says is massive economic leakage.

March 24, 2026 04:19 (EAT) • 1 month ago

Gov't to target ministries, State agencies that fail to implement development plans

According to the Principal Secretary in the State Department for Economic Planning, Dr Bonface Makokha, the move is aimed at reining in stalled projects and restoring discipline in public spending.

March 20, 2026 01:43 (EAT) • 1 month ago

Treasury to penalise State agencies failing to implement development plans

According to the Principal Secretary in the State Department for Economic Planning, Dr Bonface Makokha, the move is aimed at reining in stalled projects and restoring discipline in public spending.

March 17, 2026 06:15 (EAT) • 1 month ago

Iconic Teleposta Towers set for sale in major pension portfolio shift

According to Teleposta Pension Scheme management, the move to pivot from overreliance on assets to liquidity is part of the scheme to ensure that it offers its members a return that takes into account the inflationary pressures they face day to day, arguing that some take home as little as Ksh.11,89...

March 10, 2026 07:27 (EAT) • 1 month ago

Kenya Pipeline shares debut on NSE at Ksh.9.30

President William Ruto said this is a strategic shift in how Kenya finances its development, moving away from excessive reliance on debt and taxation.The listing is expected to expand opportunities for investors while elevating the stature of the NSE from a frontier market to emerging market standar...