Ride-hailing users in Kenya will soon face higher fares following a directive from President William Ruto to implement minimum fare regulations for platforms like Uber and Bolt.

• The National Transport and Safety Authority (NTSA) is tasked with implementing the regulations.
• The move aims to cushion transport operators from escalating operating costs, particularly rising fuel prices.
• The directive follows pressure from drivers and matatu operators concerned about shrinking earnings due to fare competition and increased expenses.

Kenya's workers are experiencing a significant drop in purchasing power, estimated at 12% over the last five years due to rising taxes and the high cost of living.

• Workers' purchasing power has declined by 10.7% to 12%.
• The Kenya Bankers Association (KBA) is proposing a 5% reduction in Pay-As-You-Earn (PAYE) across all income tax bands.
• Statutory deductions include the 1.5% Affordable Housing Levy, 2.75% Social Health Insurance Fund (SHIF), and higher National Social Security Fund (NSSF) contributions.

Kenya Railways Corporation is in a Sh173 billion dispute with ATI Freight Kenya Limited over unpaid freight charges, demurrage fees, and the commercial use of 250 cargo containers.

• The High Court has ordered Kenya Railways to account for revenues earned from leasing the containers since 2018.
• Key players include Kenya Railways Corporation, ATI Freight Kenya Limited, and Stanbic Bank Kenya Limited.
• The dispute escalated after Kenya Railways admitted to commercially using the containers to recover alleged debts from ATI Freight without providing financial accounts.