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Kenyan bankers are advocating for a reduction in Pay As You Earn (PAYE) taxes as a strategic move to stimulate consumer spending. The Kenya Revenue Authority has introduced a new WhatsApp service aimed at simplifying tax filing and improving compliance for taxpayers across Kenya. Meanwhile, 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.

Video News

Property of unknown value destroyed as fire razes down Lang'ata Women Prison

Bankers push for PAYE tax cuts to boost consumer spending capacity

Bankers push for PAYE tax cuts to boost consumer spending capacity

KRA launches WhatsApp tax filing system to boost compliance and convenience

Kenya shillings average exchange rate against the dollar hits 130

Telposta plans 10 billion asset sell off to rescue struggling pension scheme

President Ruto defends Gikomba demolitions while accusing opposition of spreading propaganda

President Ruto defends Gikomba demolitions while accusing opposition of spreading propaganda

Gikomba traders split over relocation as demolition standoff escalates

Gikomba traders whose stalls were demolished pick up the pieces, struggle to rebuild their businesse

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