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Featured Articles and Analysis

Kenyans Rush to Open Dollar Bank Accounts - Money Weekly

Welcome to this week's Money Weekly roundup, where we are going to delve into the latest developments impacting various aspects of the financial landscape. In today’s edition, we'll explore why Kenyans are rushing to keep their money in dollar accounts, the effect of inflation and taxation on new vehicle sales, concerns over Kenya’s proposed tax reforms plan by a global credit rating agency, Kenya's debt load hitting the Ksh10 trillion threshold and many more.

Govt Proposes More, Higher Taxes - Money Weekly News Roundup

Even as fuel prices cross the Ksh200 mark, the Treasury is proposing new tax measures that among other things will lead to the removal of the Ksh2,400 personal tax relief, increase VAT to 18%, make taxable some education services, farm inputs as well as a welath tax for all car owners. More in the Money254 money news roundup.

M-PESA to Roll Out Standing Orders - Money Weekly Roundup

From the historic introduction of standing orders on M-PESA to MPs rejecting a bill seeking to cap civil servants acting allowances, a worrying report on the growth of loan defaults among MSEs and the skyrocketing cost of new cars in Kenya after the imposition of a 35% import tax, welcome to Money Weekly.

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