The Central Bank of Kenya (CBK) has assured the public that the Kenyan shilling will remain stable due to significant inflows of US dollars from recent government asset sales.

• Reserves are expected to cover 5.5 to 6 months of import cover.
• Key figure: CBK Governor Kamau Thugge.
• Notable detail: Inflows from the sale of the government's Safaricom stake are anticipated to boost reserves to approximately Sh2.1 trillion ($16 billion).

The Kenya Revenue Authority (KRA) has significantly boosted its collections from negotiated tax disputes through its Alternative Dispute Resolution (ADR) program, more than doubling revenue in the fiscal year ending June. This marks a notable recovery after a substantial decline in the previous year.

• Collections reached Sh35.06 billion, a 129.22 per cent increase from Sh15.3 billion in the prior year.
• The KRA concluded 993 disputes, a sharp rise from just 97 cases concluded a year earlier.
• Despite the recovery, collections remain below the levels seen two years ago, with Sh60.47 billion collected in 2023/24.

The Kenyan government is set to generate significant monthly revenue from leasing land in Mombasa to Asharami Synergy Limited for an LPG storage facility.

• The government will earn Sh22.5 million monthly from the lease.
• The land is owned by Kenya Petroleum Refineries Limited (KPRL).
• The 31-year lease for the 23.19-acre parcel is expected to add 30,000 metric tonnes of LPG storage capacity, aiming to lower cooking gas prices.