Numerous organizations, including Kenya Power and KCB Bank, face the potential auction of their goods due to overstaying in Customs warehouses. The Kenya Revenue Authority (KRA) has issued notices for these consignments, which must be claimed within 30 days.

• Goods belonging to Kenya Power, KCB Bank, the United Nations, and other entities are slated for public auction.
• The Kenya Revenue Authority (KRA) has set auctions for October and November 2026.
• Consignments include electrical equipment, medical supplies, solar products, and foodstuffs, some of which have been in custody since November 2025.

KCB Group is planning to acquire a 22.23 percent stake in the digital payments firm Pesapal Limited, as revealed by Tanzania’s Fair Competition Commission (FCC).

• The planned acquisition involves 22.23pc of Pesapal Limited.
• Key organizations involved are KCB Group and Pesapal Limited, with the disclosure made by Tanzania's Fair Competition Commission (FCC).
• Pesapal is licensed by the Central Bank of Kenya and operates across Kenya, Uganda, Tanzania, Rwanda, and Zambia.

The Kenya Revenue Authority (KRA) has successfully unlocked compliance for taxpayers participating in its amnesty program following the first round of payments.

• The first payment installment has been made, crucial for taxpayers to secure compliance under the amnesty.
• The KRA is the key organization overseeing this initiative.
• This development signals a positive step towards increased tax compliance, as taxpayers begin fulfilling their obligations under the program.