“KRA Sets Interest Rates at 9%”: What Employers and Businesses Need to Know for October to December 2026
The Kenya Revenue Authority (KRA) has announced new interest rates that will guide the calculation of Fringe Benefit Tax and deemed interest for the final three months of 2026. In a notice issued on October 22, KRA set the prescribed market interest rate…
“You Must Use Pochi for Six Months”: Safaricom Reveals Three Requirements for Traders Seeking Fuliza ya Pochi
Safaricom has announced three key requirements that small business owners must meet to qualify for its new Fuliza ya Pochi overdraft service. The facility is designed to help traders continue running their businesses when they do not have enough money in…
Uganda’s Weakening Shilling Raises Fresh Concerns for Kenyan Businesses as Exporters Face Pressure on Sales and Profits
Kenyan businesses that depend on Uganda as a major export market could face growing financial pressure as the Ugandan shilling continues to lose value against the US dollar. The currency decline has raised concerns about falling demand for Kenyan goods,…