The Kenya Revenue Authority (KRA) has extended the income tax filing deadline to July 5, 2025, due to technical failures on its iTax platform that hindered many taxpayers' ability to submit their returns by the original deadline of June 30.

• All penalties and interest for late filings will be waived if submissions are made by the new deadline.
• KRA cited a high volume of last-minute filers as the cause of the system overload.
• The Commission on Administrative Justice (CAJ) confirmed widespread complaints regarding the iTax failures, praising KRA for its prompt response.

The Kenya Wildlife Service (KWS) has disbursed 2.8 billion shillings (approximately 21.6 million U.S. dollars) in compensation to victims of human-wildlife conflict, addressing an ongoing crisis in Kenya.

• 2.8 billion shillings allocated for compensation
• Kenya Wildlife Service is the organization managing the compensation effort
• Legal framework dictates that families of deceased victims receive 38,675 dollars in compensation

President William Ruto has announced plans to list the Kenya Pipeline Company (KPC) on the Nairobi Securities Exchange (NSE) via an Initial Public Offering (IPO) in 2025 to attract global capital and privatize state-owned enterprises.

• Listing planned for 2025
• President William Ruto leading the initiative
• KPC is a key player in petroleum transportation in Kenya and the region

Kenya is driving targeted sector-based investment across Africa at the inaugural NextFrontierAfrica Summit in Nairobi, aiming to unlock capital in high-potential sectors.

• Kenya Development Corporation (KDC) spearheaded the initiative with a focus on sectors like digital and creative industries, healthcare, and manufacturing.
• Norah Ratemo, Director General of KDC, emphasized that these sectors significantly contribute to GDP and highlighted the launch of a "Deal Room" for entrepreneurs to pitch to investors.
• Juma Mukhwana, Principal Secretary of the State Department for Trade, noted that over **90%** of private sector activity comprises Micro, Small, and Medium Enterprises (MSMEs), which employ nearly **80%** of the workforce.

Kenya’s private sector activity has contracted for the second month in a row, as indicated by the latest Stanbic Bank Kenya Purchasing Managers’ Index (PMI), which dropped to 48.6 in June from 49.6 in May.

• PMI reading below 50.0 indicates ongoing economic challenges.
• Comments from Christopher Legilisho, an economist at Standard Bank, highlight issues like reduced consumer spending and operational disruptions due to protests.
• Despite the downturn, 18% of firms are optimistic about increasing output in the coming year.