Kenya shillings average exchange rate against the dollar hits 130

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NTV Kenya (Youtube)

April 1, 2026

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KRA launches WhatsApp tax filing system to boost compliance and convenience - April 2026

The Kenya Revenue Authority has introduced a new WhatsApp service aimed at simplifying tax filing and improving compliance for taxpayers across Kenya. Kenyan bankers are advocating for a reduction in Pay As You Earn taxes as a strategic move to stimulate consumer spending. The Kenyan Shilling has reached a significant milestone, averaging an exchange rate of 130 against the US Dollar. Struggling pension scheme Telposta Pension Scheme is planning a significant KSh 10 billion asset sell-off to address its financial difficulties.