The Kenya Revenue Authority (KRA) has clarified the revised Current Retail Selling Price (CRSP) for imported second-hand vehicles, effective July 1, 2025, which impacts how taxes are calculated on these vehicles.

• The import duty rate has increased from 25% in 2019 to 35% in 2025.
• The announcement was made following public inquiries and media discussions on the updated pricing.
• The updated CRSP list now includes over 5200 unique models, up from around 3000 models in 2019.

The Capital Markets Authority has published a report on the largest Money Market Funds (MMFs) in Kenya as of June 2025.

• CIC Money Market Fund leads with total assets under management (AUM) of Ksh81.8 billion, holding a market share of 25.6%.
• The report was released during the Collective Investment Schemes (CIS) Quarterly Report event.
• Overall, 64% of the total AUM across 49 MMFs was dominated by MMFs, with Ksh229.7 billion (or 46%) invested in government securities.