The Kenyan Government has allocated an additional Sh17.6 billion to the Kenya Revenue Authority (KRA) for the 2025/2026 financial year, aiming to boost tax collection and reduce public borrowing.

• The KRA is targeting to raise Sh900 billion by June 2026.
• President William Ruto approved the Supplementary Estimates I, which also raised total government expenditure by Sh393.2 billion.
• This funding comes as the KRA reported an 11.4 percent increase in collections for the nine months to March, reaching Sh2.04 trillion.

The Kenyan private sector has experienced a significant downturn in business activity, marking a challenging period for various industries.

• The private sector recorded a decline in business output.
• This decline was detailed in a report featured in the Daily Nation newspaper.
• Notable details regarding the extent of the downturn and specific sectors affected can be found in the full article.

Despite collecting a record Sh2 trillion in taxes, the Kenya Revenue Authority (KRA) has fallen short of its collection target with only one quarter remaining in the financial year.

• KRA has collected over Sh2 trillion in taxes as of March.
• The taxman is behind its target for the financial year.
• This development occurs with just one quarter left in the financial year, raising concerns about meeting overall revenue goals.

Former Cabinet Secretary Raphael Tuju has appeared in court and pleaded not guilty to a charge of falsifying information.

• The charge relates to allegations of providing false information, the specifics of which are detailed in the full article.
• The key individual involved is Raphael Tuju, a prominent former Cabinet Secretary.
• The case is currently proceeding, and Tuju maintains his innocence. For comprehensive details, further information is available in the Daily Nation.

The Kenya Bankers Association (KBA) is urging the Central Bank of Kenya (CBK) to maintain the benchmark policy rate at 8.75 percent due to escalating global risks.

• The KBA cites rising global oil prices and geopolitical tensions as key external shocks posing upside risks to inflation and the Kenyan shilling.
• The lobby group, represented by the KBA Centre for Research on Financial Markets and Policy, also noted that while recent rate cuts have eased short-term interest rates, structural challenges are delaying their full impact on businesses and households.
• Pressure on the Kenyan shilling is also a concern, linked to a widening trade deficit and potential disruptions to diaspora remittances.

Kenyan Members of Parliament have summoned Cabinet Secretary Amina Wandayi to appear before a parliamentary committee on Thursday, April 9, 2026, amid a deepening fuel importation scandal and calls for his removal.

• The committee is investigating the alleged use of substandard fuel imports and manipulation of supply data.
• Key figures like the Petroleum Principal Secretary Mohamed Liban have already resigned following investigations.
• Parliamentarians aim to establish accountability for any breaches in the petroleum supply chain, ensuring full transparency for the public.