New Enterprise Platform Targets Thousands of Jobs and Greater Market Access for Kenyan Businesses. Nairobi, Kenya – June 2, 2026 BuyKenya Business Solutions officially launched its operations on Tuesday with the flagging off of fifteen Sales Agents in Nairobi, marking a significant milestone in the company's mission to transform how Kenyan businesses
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Financial Literacy Key to Responsible Borrowing, Says Expert
As Kenya's financial services grow, financial literacy is key to fostering responsible borrowing and supporting long-term economic growth. At Oya Micro Credit Kenya's fourth anniversary, CEO Wycklife Ochola emphasized that client education is central to their mission, empowering borrowers to make informed financial choices for sustainable businesses. With mobile banking
Bolt Kenya Dismisses Exit Rumors, Confirms Continued Operations
Bolt has confidently dismissed rumors on social media about leaving the Kenyan market, calling a widely shared document fake and assuring everyone that operations are running smoothly.In a statement released on June 1, 2026, Bolt clarified that the false document claiming an exit on June 8, 2026, did not come
Finance Bill 2026: Why Kenya Needs PAYE Relief and Wealth Tax Reform
While citizens eagerly anticipated PAYE relief from the government, its absence in the Finance Bill 2026 has shaken confidence and increased economic strain on families.This expectation stemmed from promises made by National Treasury Cabinet Secretary John Mbadi and further emphasized by President William Ruto. For many Kenyans, this was more
Nderitu Mureithi Urges Kenya to Pause Borrowing for 18 Months
Nderitu Mureithi, Chair of the Kenya Revenue Board, recommends that Kenya pause borrowing for 12 to 18 months to tackle the current debt crisis. During a radio interview on May 26, 2026, the former governor and economist highlighted that this strategy could effectively address the rising debt levels.He referenced the
EATGDA CEO Denies Bribery Claims Over Fuel Price Strike
Kennedy Kaunda, CEO of the East Africa Tour Guides and Drivers Association (EATGDA), has refuted claims that he or other transport representatives accepted a “brown envelope” to cancel a planned strike regarding fuel prices.Kaunda emphasized that no agreement has been reached, and commuters and operators continue to face high fuel
Kenya Proposes Kerosene Price Hike Amid Fuel Crisis
The government has proposed raising kerosene prices to protect diesel-powered vehicles from potential engine damage, amid a growing fuel crisis in Kenya. Energy Cabinet Secretary Opiyo Wandayi announced this on May 18, 2026, highlighting that the significant price gap between diesel and subsidized kerosene has led to fuel adulteration, where
John Mbadi Announces New Plan to Cut Fuel Prices in Kenya
The Treasury Cabinet Secretary John Mbadi announced that the government will meet with President William Ruto to explore new strategies for reducing fuel prices, including potential adjustments to Value Added Tax (VAT) and other levies.On Saturday, May 16, 2026, he addressed growing concerns from MPs and consumers after the Energy
Fuel Prices Surge as EPRA Raises Petrol and Diesel Costs
Motorists in Kenya will face higher fuel prices as the Energy and Petroleum Regulatory Authority (EPRA) announced significant increases for the May–June pricing cycle.On May 14, 2026, EPRA reported a Ksh16.65 per litre rise for Super Petrol and a Ksh46.29 per litre increase for diesel, while kerosene prices will remain
PIC Probes PPCK Over Audit Irregularities and KSh1.3B Loss
The Public Investments Committee on Social Services, Administration, and Agriculture (PIC-SSA) has engaged officials from the Pyrethrum Processing Company of Kenya (PPCK) regarding audit discrepancies, outstanding statutory payments, and financial management issues highlighted in reports from 2013 to 2025.During the session, the Committee addressed various financial and operational challenges facing