The Kenya Revenue Authority (KRA) has been designated to collect sugar levies from millers and importers, a decision announced by Mutahi Kagwe, the Minister of Agriculture and Livestock Development.

• The levy, set at four percent, is part of the Sugar Development Levy that took effect on July 1, 2025.
• Payments are due by the 10th of each month following the sale or importation of sweeteners.
• This initiative aims to generate funds to support the struggling sugar sector in Kenya.

The National Treasury of Kenya has allocated Sh1.5 billion for the newly launched Affordable Housing Internship Programme aimed at empowering fresh graduates and enhancing job creation in the construction sector.

• The program will support 4,000 interns from Technical and Vocational Education and Training (TVET) institutions and universities.
• Alice Wahome, the Cabinet Secretary for Lands, Housing, and Urban Development, highlighted the government’s commitment to employment and skills transfer.
• The initiative aims to construct 200,000 affordable housing units annually, integrating new graduates into current and future housing projects.

Equity Bank has been named the Best Regional Bank in East Africa at the 2025 African Banker Awards held in Abidjan, Côte d’Ivoire.

• Equity Bank was recognized for its commitment to financial inclusion and socio-economic transformation across East Africa.
• Dr. James Mwangi, Group Managing Director and CEO, emphasized the bank's dedication to transformative financial services.
• The bank's operations span across six countries, including Kenya, Uganda, and Rwanda, with a focus on sectors like agriculture, health, and clean energy.