DariusDensel

Finance, business, investing & law | Practical insights on wealth building, regulations & smart decisions | Not financial or legal advice | DM for collabs

[DariusDensel @dariusdensel_]

BREAKING: Kenya’s new tax amnesty is now in effect.

Eligible taxpayers can clear tax debts accrued up to 31 December 2025 without paying penalties, interest or qualifying fines.

The six-month amnesty runs from 1 July to 31 December 2026 under the Finance Act, 2026. Taxpayers must meet the conditions set out by the Kenya Revenue Authority (KRA) to qualify.

[DariusDensel @dariusdensel_]

@moneyacademyKE This is nice, a second chance for businesses

[DariusDensel @dariusdensel_]

@moneyacademyKE This could improve tax compliance without crushing struggling businesses. The real test is whether firms use the relief to reset or simply postpone the problem.

[DariusDensel @dariusdensel_]

@omwambaKE 😂💀💀Kenya will show you wonders

[DariusDensel @dariusdensel_]

Oil has made some countries wealthier and others more divided. Kenya has an opportunity to learn from both and ensure the benefits reach future generations.

[DariusDensel @dariusdensel_]

The Turkana oil project is set to move into the development stage this month as Kenya prepares for its first commercial oil production, expected to begin in December 2026.

[DariusDensel @dariusdensel_]

If managed well, Turkana’s oil could strengthen Kenya’s energy sector, boost exports and create thousands of jobs. Execution will matter more than the discovery itself.

[DariusDensel @dariusdensel_]

@moneyacademyKE But we aso have to remember that, Oil has made some countries wealthier and others more divided. Kenya has an opportunity to learn from both and ensure the benefits reach future generations.

[DariusDensel @dariusdensel_]

@moneyacademyKE If managed well, Turkana’s oil could strengthen Kenya’s energy sector, boost exports and create thousands of jobs. Execution will matter more than the discovery itself, lets see how the government will handle it.

[DariusDensel @dariusdensel_]

Kenyans may have to wait longer to benefit from lower global oil prices, with EPRA explaining that fuel prices are determined using shipments procured 30–45 days before they reach the market.

[DariusDensel @dariusdensel_]

@moneyacademyKE The motorist just have to wait

[DariusDensel @dariusdensel_]

@moneyacademyKE Kenya doesn’t buy oil at today’s spot price; it pays for cargoes ordered weeks earlier. Until those shipments arrive, don’t expect pump prices to mirror global headlines.

[DariusDensel @dariusdensel_]

@Tweetbylegendt @moneyacademyKE Sadly

[DariusDensel @dariusdensel_]

@moneyacademyKE If lower oil prices persist, oil-importing countries like Kenya could benefit through lower fuel import costs, easing inflationary pressure and reducing strain on foreign exchange reserves.

[DariusDensel @dariusdensel_]

Kenyan politics is just funny

[DariusDensel @dariusdensel_]

Wamatangi: Leaders should spend more time fixing the challenges in their own counties than proposing to divide others. Development, not political boundaries, is what citizens are asking for.

[DariusDensel @dariusdensel_]

Atleast some common sense

[DariusDensel @dariusdensel_]

A fresh court case has been filed seeking to halt new luxury tourism developments in the Maasai Mara.

The petition argues that the approvals violated environmental laws and could threaten critical wildlife migration corridors. The case is expected to test how future tourism projects balance investment with environmental protection in one of Kenya’s most important ecosystems.

[DariusDensel @dariusdensel_]

We need put some elbow grease on working on exports instead of the issue being high import cost snd lower remittance

[DariusDensel @dariusdensel_]

The World Bank has warned that Kenya’s foreign exchange reserves could face renewed pressure this year, citing rising import costs and slower growth in diaspora remittances.

The lender expects the country to spend more foreign currency on imports than it earns from exports and other inflows, increasing pressure on external balances.

[DariusDensel @dariusdensel_]

I think it needs new reforms

[DariusDensel @dariusdensel_]

Moi University’s request for an additional KSh1.9 billion in recurrent funding comes as the institution grapples with KSh9 billion in pending bills accumulated over more than a decade.

The request was presented to Parliament as the university cited persistent budget deficits dating back to 2014. The debate now shifts from funding alone to whether lasting financial reforms will accompany any additional allocation.

[DariusDensel @dariusdensel_]

What could be the cause

[DariusDensel @dariusdensel_]

For the first time since 2023, Kenya has recorded a decline in diaspora remittances.

Inflows fell by $29.1 million in the first five months of 2026, from $2.095 billion to $2.066 billion. While remittances remain one of the country’s most important sources of foreign exchange, the decline suggests that many Kenyans abroad are also beginning to feel the impact of global economic pressures.