Vivo Energy led oil marketers in paying Sh64 billion in taxes and levies to KRA in the 10 months to April 2026.
Oil firms paid a total of Sh279 billion, with TotalEnergies paying Sh36 billion and Rubis Sh25 billion.
IEBC has officially gazetted key timelines for the 2027 General Election:
— Election: Aug 10, 2027
— Public officers: Resign by Feb 10, 2027
— Independent candidates: Must leave political parties by May 8, 2027
— Registration: May 29–Jun 11, 2027
— Campaigns: May 29–Aug 7, 2027
ChatGPT is the world’s most popular AI tool, recording 5.3 b monthly web visits in June 2026.
Top 10 were:
ChatGPT — 5.3 b
Gemini — 1.1 b
Claude — 968 m
Canva — 760 m
Google Translate — 343 m
DeepSeek — 319 m
Grok — 190 m
JanitorAI — 173 m
Character AI — 166m
Perplexity — 141 m
Uganda is once again considering moving its capital from Kampala to Nakasongola, and Tanzania’s experience with Dodoma offers useful lessons—but perhaps not the ones Kampala expects.
StanChart Kenya is seeking to recover about Sh1.9 billion owed by Nakumatt Investments and Creative Enterprises.
The bank plans to sell charged properties in Nairobi, Nakuru and Mombasa if the debt remains unpaid.
Co-op Bank Kennya has issued a 40-day notice to sell Sony Sugar property over an outstanding debt of Sh862 million.
The bank will exercise its power of sale if the debt is not cleared.
US President Donald Trump says the US is considering buying “sizable” amounts of Bitcoin and other cryptocurrencies.
Bitcoin has surged above $68,000 after the comments.
Kenya has raised Sh139 billion through securitization of the Roads Maintenance Levy to pay road contractors owed money.
Payments are expected in the first week of September.
[This means Kenya is borrowing against future Roads Maintenance Levy collections]
Kenya's illicit alcohol market is now valued at Sh203 billion, making up 60% of the total alcohol consumed.
This costs the government over Sh120 billion in lost revenue and claims over 14,000 lives every year.
Sidian Bank half-year profit after tax was up 82% to Sh1.7 billion in the six months ended June 2026.
The growth was driven by a surge in non-interest income and a significant rise in total operating income