Niteon Secures FDA Continental Partnership in Africa, Eliminating Export Barriers for Manufacturers Across the Continent
In a landmark achievement set to redefine the future of African trade, Niteon Capital(TVClabs 23) has officially acquired the FDA Global Partner License, one of the most difficult and highly regulated certifications in the world of international commerce. This partnership, granted by the U.S. Food and Drug Administration (FDA), now positions Niteon among an elite […]
Was the Hustler Fund Always Meant to Be a Credit Rating System?
When the Hustler Fund was launched in 2022, it was presented as a government-backed loan facility designed to increase financial access for low-income Kenyans. It offered fast loans through mobile phones, low interest rates, and minimal barriers to entry. By 2025, however, the fund has expanded its function, now including a credit scoring system tracking […]
Debt Without Consent: The Unlawful Billions We’re Paying For
Imagine this: You wake up one day to find your bank account drained. You call the bank, furious. They tell you your neighbor borrowed money in your name. You never signed anything. You never received the money. But now you’re legally expected to repay it. That, in essence, is the question Kenya now faces. The […]
Will the World Bank Make Kenya’s Rich Pay Their Fair Share?
The World Bank has recommended an overhaul of Kenya’s Pay-As-You-Earn (PAYE) tax brackets, proposing the introduction of a sixth tax band that would raise the marginal rate for monthly incomes above KSh 800,000 from 35% to 38%. The new framework is intended to be revenue-neutral, shifting more of the tax burden to top earners while […]
Is Sending Money to Kenya About to Get Too Expensive?
If you’re a Kenyan living in the United States, sending money back home might soon come with an unexpected price tag. A new bill proposed by U.S. Republican lawmakers under the Trump administration seeks to impose an excise tax on international money transfers sent by immigrants, including Kenyans, sparking concern over its economic impact on […]
Why Your Loan App May Soon Cost You More
Millions of Kenyans, especially small traders, boda riders, and low-income households depend on digital loan apps like Tala, Zenka, and Branch for fast, unsecured credit. But the Finance Bill 2025 proposes a change that could make borrowing from these platforms more expensive. A new tax targeting non-bank digital lenders is set to raise the cost […]
How Big Firms May Soon Pre-Negotiate Their Taxes
Kenya’s 2025 Finance Bill introduces Advance Pricing Agreements (APAs), giving multinationals a path to negotiate tax terms in advance. Supporters call it a step toward predictability and efficiency, but critics warn of loopholes, lost revenue, and inequity. Kenya is poised to overhaul how it taxes multinational corporations. The Finance Bill 2025 proposes introducing Advance Pricing […]
Why Kenya Now Wants the Wealthy to Trade Shares Tax-Free
Kenya’s Finance Bill 2025 proposes a sweeping exemption on capital gains tax (CGT) for investors trading shares on the Nairobi Securities Exchange (NSE). This aligns with the government’s long-standing Vision 2030, which positions Nairobi as a competitive financial hub in Africa, comparable to Dubai and Singapore. The exemption is expected to influence trading activity, especially […]
I&M Bank Signs $10 Million Facility to Support Corporate Customers
I&M Bank Tanzania has signed a $10 million facility agreement with FMO, the Dutch Entrepreneurial Development Bank, to enhance its operations and strengthen financial support for corporate customers in Tanzania. The sign-off was led by Zahid Mustafa, the CEO & MD of I&M Bank (T) Limited, and Matthijs Egelie, Senior Investment Officer at FMO – […]
Central Bank of Kenya Reports Financial Loss in 2023/2024
The Central Bank of Kenya (CBK) has revealed a net deficit of KSh 24.3 billion in its Annual Report and Financial Statements for the fiscal year 2023/2024, marking a sharp contrast to the surplus of KSh 150.5 billion recorded in the previous financial year. The deficit was primarily driven by an unrealized exchange loss of […]