As more Kenyans seek alternatives to traditional banking in a bid to grow their wealth, SACCOs and Money Market Funds (MMFs) have emerged as two of the most accessible and trusted options. But how do they differ—and which one is better suited for your financial goals in 2025 and beyond? To gain deeper insight, Newsly.co.ke […]
KRA targets VAT as top revenue source with a bold digital overhaul aimed at transforming Kenya’s tax landscape. The Kenya Revenue Authority (KRA) is spearheading a tech-driven strategy to make VAT its most dependable and largest collection category—ushering in real-time oversight, fraud prevention, and a broader tax base. What’s Driving the Push At a recent […]
In a bold move to digitize and reform public procurement, the Government of Kenya has allocated Ksh700 million in the 2025/2026 national budget for the implementation of the Electronic Government Procurement (eGP) system. Treasury Cabinet Secretary John Mbadi, while presenting the Ksh4.29 trillion budget in Parliament, confirmed that the funds would support the nationwide rollout […]
With the June 30 deadline looming, the Kenya Revenue Authority (KR has rolled out a new, simplified way to file Nil tax returns—this time through the eCitizen portal. The move marks a significant shift in Kenya’s tax compliance strategy and is designed to ease congestion and digital frustrations commonly experienced during peak filing periods. Previously, […]
In a bold step toward creating a more inclusive and predictable tax ecosystem, the Kenya Revenue Authority (KRA) has entered into a formal collaboration with the Kenya Private Sector Alliance (KEPSA) to strengthen voluntary tax compliance in Kenya. The announcement followed a high-level engagement between the two bodies, held on Thursday, June 12, 2025. According […]
In a remarkable financial performance that underscores the transformation of the health insurance sector, Jubilee Health Insurance profit surge for 2024 has reached a record 142%, positioning the company as a dominant force in health insurance in Kenya. Jubilee Health Insurance Limited (JHIL), a key subsidiary of Jubilee Holdings, reported a profit before tax of […]
As digital spaces continue to evolve, a silent revolution is underway—one that places machines, not humans, at the forefront of decision-making. Marketers are now navigating a world where AI agents, not browsers or buyers, are the primary filters between brand and customer. Welcome to the machine-mediated marketplace. The New Customer Isn’t Human Autonomous AI agents—like […]
For decades, the Jua Kali sector—Kenya’s iconic informal economy of artisans, mechanics, welders, and vendors—has been a symbol of resilience, grit, and hustle. Born from economic necessity and a lack of formal employment, it has long existed in the margins, supplying affordable services and goods while receiving little policy attention or support. But a transformation […]
