KCB Faces Multiple Regulatory and Customs Issues - September 2026
KCB Bank faces potential auction of its goods after overstaying in Customs warehouses, with the Kenya Revenue Authority issuing notices for these consignments to be claimed within 30 days. At the same time, Tanzania's Fair Competition Commission revealed KCB Group's plan to acquire a 22.23 percent stake in the digital payments firm Pesapal Limited. Meanwhile, the Kenya Revenue Authority successfully unlocked compliance for taxpayers participating in its amnesty program following the first round of payments, with the KRA also issuing notices for overstaying goods. These developments come as the government separately initiated an inquiry into the NHIF Sacco Society Limited following numerous disputes over member refunds.
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