CS Davis Chirchir explained that the State Department for Roads allocated Sh7 billion from the Road Maintenance Levy Fund (RMLF) in February 2025 to a...
Recent developments show that most of the bonds have not been structured properly. As a result, African countries are paying way over the odds relativ...
Infrastructure Bonds, which were introduced in February 2009, are exempt from withholding tax—unlike other bonds that attract a tax of 10 per cent for...
The auction, which closed on Wednesday, included two long-term bonds, the 15-year bond, first issued in 2018, and the 25-year bond that debuted in 202...
The Treasury had projected that taxing infrastructure bond interest would generate Sh13 billion annually, a crucial part of its efforts to raise Sh174...
Initially proposed in early February 2024, the bond’s development was put on hold due to concerns about whether the overseas Kenyan community would bu...
The new tax would apply to bonds issued in the future, replacing the existing 25 securities listed on the Nairobi Securities Exchange (NSE) and valued...
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