The Kenya Revenue Authority (KRA) has announced that small-scale traders will now pay Turnover Tax (TOT) on a daily basis instead of monthly, a move designed to ease tax compliance and improve cash flow for small businesses. George Obell, KRA Commissioner for Micro and Small Taxpayers, said the measure will simplify tax processes for traders […]
Kenya’s financial markets delivered a mixed performance in the week ended February 19, with a sharp surge in bond trading standing in contrast to softer activity at the equities market, according to the latest weekly bulletin issued by the Central Bank of Kenya (CBK). Turnover in the domestic secondary bond market rose by 57.21 per […]
Kenya is a country of extraordinary potential, yet millions of its citizens struggle with low incomes, high living costs, and limited opportunities. Former President Uhuru Kenyatta once estimated that the country loses roughly Ksh 2 billion every single day to inefficiencies, mismanagement, and corruption—amounting to nearly Ksh 700 billion per year. Imagine what could happen […]
For much of the past decade, Kenya — and especially Nairobi — has been regarded as East Africa’s commercial nerve centre. Recent investment, trade and startup data now suggest that this position is not only stabilising, but strengthening again — pointing to a renewed case for Kenya as a regional business hub. Instead of broad […]
The U.S. dollar sits at the center of the global financial system. It is the currency most international trade is priced in, the primary reserve asset held by central banks, and the backbone of global lending and capital markets. Even transactions between countries with no direct economic ties to the United States often rely on […]
In today’s fast-paced world, managing finances efficiently is crucial. For millions of Kenyans, M-Pesa, Safaricom’s mobile money platform, is a lifeline for daily transactions. One of its lesser-known but highly convenient features is M-Pesa Ratiba, which allows users to schedule payments automatically. What is M-Pesa Ratiba? M-Pesa Ratiba is a service provided by Safaricom that […]
Elon Musk is widely known not only for leading some of the most innovative companies in the world, but also for his forward-looking investment mindset. His interests tend to align with technologies that redefine industries — from energy and transportation to space, artificial intelligence, and digital finance. Below is an in-depth look at five key […]
Money doesn’t just disappear — it flows, and the direction it flows often depends on habits. While luck and opportunity play their roles, financial outcomes are largely shaped by consistent patterns of behavior. Some people unconsciously sabotage their financial growth, while others make small, deliberate choices that compound into lasting wealth. Here are five key […]
