Business

KRA said the transfer of customs-related dispute resolution to the Tax Dispute Resolution Division under the Legal and Board Services Department will be done in stages.

The Supreme Court found that the procurement process that KPA used breached Articles 10(2)(c), 201(a), and 227(1) of the Constitution, which enshrine the principles of good governance, fiscal prudence, and fair competition in public procurement.

According to the company, its 4G network now covers more than half of the population, with 3,141 live sites in more than 150 towns and cities.

The authority urged all those who were affected by the technical issues to use the remaining days to file their returns and pay any pending taxes before the new cut-off date.

These models are, however, being evaluated for integration into a new version of Siri, designed to be significantly more intelligent and conversational than the current version.

KRA has outlined two primary platforms for filing tax returns: The iTax web portal (www.itax.kra.go.ke) and the KRA M-Service App- available on both Android and iOS.

This rollout follows Google’s recent move to integrate Gemini, its latest large language model, into smart speakers, displays, and mobile devices.

Provisional figures from the Kenya National Bureau of Statistics (KNBS) show that the total value of imports between January and April fell to Sh882.16 billion, down from Sh915.43 billion during the same period in 2024.

Latest data from the Kenya National Bureau of Statistics (KNBS) shows that while prices in key sectors such as food, housing, and transport rose, their combined effect did not push the headline inflation higher.

The initial deadline, which was set to lapse at midnight on June 30, has now been moved to midnight on Tuesday, July 1, 2025.

The new platform, developed under the Public Procurement and Asset Disposal Act, is expected to automate procurement activities from planning to payment, helping to minimise delays and reduce the risk of corruption.

The Galaxy Z Fold 7 is expected to break records in the foldable category, with industry insiders predicting a thickness of between 3.9 and 4.54 millimetres when unfolded, and 8.9 to 9.5 millimetres when folded.

Justice Joe Omido on Monday certified as urgent and granted interim orders in a case filed by Faith Akinyi seeking to stop the rollout of the revised CRSP schedule.

Deepfakes, cheap fakes, and fake news are increasingly being used as easily and cheaply produced tools of deception, leaving vulnerable citizens shocked and misinformed.

In November 2024, Starlink halted new subscriptions in Nairobi and nearby counties, citing limited network capacity.

Google confirmed that, beginning with Chrome version 127, only devices running Android 8.0 (Oreo) and above will be supported. This change aligns Chrome with Google’s current Android WebView requirements, which underpin how apps render web content.

The tech giant says the move is part of its broader effort to give users greater control over the content they consume, while still maintaining diversity and balance in search results.

In Kenya, Safaricom retained its position as Kenya’s most admired made-in-Kenya brand and most admired NSE-listed brand.

The platform says the update is intended to provide better protection for younger users who broadcast live content.

The decision is part of a broader push to streamline the visual experience for users, with Musk stating that the goal is to make adverts feel more organic within the feed.

Experts have since argued that the demonstrations may have pushed the most vulnerable enterprises to the brink, threatening not only their survival but also the livelihoods tied to them.

Recent developments show that most of the bonds have not been structured properly. As a result, African countries are paying way over the odds relative to their sovereign risks.

The amount marks a 77.6 per cent increase from the Sh370.93 million worth of claims turned down in a similar period last year.

The directive permits foreign entities to establish subsidiaries, branches or representative offices in Ethiopia's previously closed banking system. It also allows strategic investors to hold stakes in local banks.

According to Interpol, the surge in online scams is closely linked to Africa's accelerating digital transformation, which has allowed criminals to capitalise on the growing online activity, in particular social media usage, digital commerce, and mobile banking, to perpetrate fraud.

The new levies are part of the government’s broader plan to reduce dependence on imports and boost local production capacity in the steel and housing sectors.

The legislators endorsed a report that lowers the Consolidated Fund Services (CFS) budget by Sh295.28 billion and gave the Treasury 60 days to publish a national debt management policy.

Counterfeit or cheap knock-offs often lack essential safety features, and reports of power banks overheating or catching fire have increased in recent years due to these unsafe products.

New data from the Kenya Motor Industry Association shows that major car dealers sold 988 units in May, down from 1,015 units in April.

The National Assembly’s Finance Committee has recommended that five government agencies jointly supervise virtual asset service providers (VASPs), marking a major step toward formal regulation of the industry.

After school fees and housing, 15 per cent of retirees channel their savings into farming, while 14 per cent start businesses.

Official data shows this is a rise of Sh29.3 billion compared to Sh61.18 billion raised in the same period the previous year.

Among the affected routes are Nairobi–Ruiru, Nairobi–Embakasi Village, Nairobi–Lukenya, and Nairobi–Syokimau, which have been halted until further notice.

Senior State Department Bureau Official Troy Fitrell said there are business leaders in the US who need to understand the opportunities that lie in doing business with Africa.

Social media has become a digital megaphone, amplifying voices that may never reach a newsroom but are now shaping national and global narratives.

KTA noted that the situation has turned trucks into makeshift storage units, leading to reduced fleet productivity, missed delivery deadlines, and rising operational costs for transporters.

With the new update, users will now be able to access a richer set of customisation options without having to switch to photo or video formats.

KEBS explained that exceptions will apply for certain units like ambulances, fire trucks, and construction vehicles, provided the importer can justify their condition and use.

CAK Director-General David Kemei warned that such conduct is unlawful under the Competition Act (CAP 504), which prohibits any actions that restrict or distort competition.

According to the Ministry of Transport, the proposal aims to enhance road safety, reduce harmful emissions, and ensure vehicles remain roadworthy.

KRA has directed all employers to adopt the new format by July 1, 2025. To help businesses adjust, the simplified Excel return form and a sample CSV file have been uploaded on the KRA website under the publications section: www.kra.go.ke

The CBK survey shows a significant shift in farmers’ borrowing habits, with more now opting for commercial banks and digital loan platforms to fund their agricultural operations.

KenGen’s geothermal plants—Olkaria II, IV, IAU, V, and Olkaria I Unit 6—received Sh115.7 billion, while major hydroelectric stations across the country were paid Sh13.9 billion.

CIAK argues that the revised tax structure could raise the cost of some used vehicles by as much as 145 per cent, unfairly burdening ordinary Kenyans.

The rank marks a major leap for Kenya, which climbed from fifth place in 2022, the previous edition, to the top of the rankings.

The new capability allows Gemini to "see" what’s happening in videos, including recognising people, objects, actions, emotions, and spoken dialogue and then generate detailed summaries or insights in response to user prompts.

While officially aimed at bolstering national digital infrastructure against cyber threats, concerns are mounting over how these "military-grade" firewalls could be used to monitor citizens' online activities.

The new record surpasses January’s total of $427.4 million (Sh55.2 billion), which had been the highest in the past five months.

The amnesty, which was first rolled out in 2023 and later revived in December 2024, targets penalties and interest on tax liabilities accumulated up to December 31, 2023.

The feature brings Google’s messaging app in line with other platforms like WhatsApp and iMessage, where message recall has become a basic expectation for users who want more control over what they send.

While countries such as South Africa, Kenya, and Lesotho have benefited from preferential access under the scheme, Afreximbank notes that the recent imposition of new US tariffs has undermined some of the benefits provided.
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