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KRA Boss Wattanga Ousted After Board Ends Contract
Humphrey Wattanga has been removed as Commissioner-General of the Kenya Revenue Authority, just four months before his term was set to end, with the tax agency announcing he will go on terminal leave immediately. The KRA Board decided not to renew Wattanga's contract, leading to his departure from the revenue authority. Lilian Nyawanda has been appointed as Acting Commissioner General, succeeding Wattanga who is proceeding on terminal leave. Further adding to the leadership changes, Wattanga has been nominated as Kenya's High Commissioner to South Africa following his exit from the tax authority, as part of a series of diplomatic nominations announced by President William Ruto.
CBK Holds Rate at 8.75pc Amid Global Conflicts
The Central Bank of Kenya has maintained its benchmark interest rate at 8.75 percent, a decision made amidst escalating global risks particularly stemming from the ongoing conflict in the Middle East. This comes as the World Bank downgrades its 2026 economic growth projection for sub-Saharan Africa by 0.3 percentage points, citing increasing geopolitical risks and global shocks. A separate survey reveals Kakamega County recorded the highest average bribe in Kenya at Sh79,305, highlighting significant regional disparities in corruption.
