The 2026 report shifts the focus from simple "counting" to the strategic visibility of gender-diverse leadership.
As East Africa enters the 2026-2030 strategy cycle, climate and nature have become "hard guardrails" for the real economy. Grant Thornton’s Michael Chomba outlines how firms in agri-food, finance, and logistics must move beyond ESG slogans to integrate IPCC and GBF targets directly into their P&L. Learn 3 practical ways to operationalize this overlay, from 1.5°C-aligned scenario building to unlocking blended finance through SDG-consistent pipelines.
A tax dispute between Delmonte Kenya Limited and the Kenya Revenue Authority (KRA) arising from a transfer pricing audit for 2019–2021, resulting in confirmed additional income tax assessments of KES 4.96 billion. Key issues include the characterization of Delmonte’s functions, the transfer pricing method applied to related‑party sales to DMI GmbH, and the disallowance of intercompany recharges and interest expenses.
Explore how strategic HR is reshaping the hybrid workplace by blending cutting-edge technology with a deep commitment to employee wellbeing. Learn how AI, adaptive policies, and empathetic leadership are driving performance, resilience, and connection in modern organizations.
This article explores modern strategies for motivating employees in diverse workplaces. It highlights the role of personalized incentives, soft skills, DEIB, and generational needs in driving engagement, productivity, and retention.
Kenya’s Finance Act 2025 introduces major tax relief for penalties and interest caused by electronic tax system errors. Taxpayers can now apply for waivers under Section 89 of the Tax Procedures Act, 2015, if liabilities arose from system glitches, registration mistakes, or update delays. Learn who qualifies, what’s excluded, and how to benefit from this long-awaited amendment.
Kenya’s VAT system imposes reverse VAT on imported services, requiring the recipient—not the foreign supplier—to account for and remit VAT. Under Section 10 of the VAT Act, imported services are taxed if supplied by a non-resident and would be taxable if provided locally. The standard rate of 16% applies, and payment is made via iTax using a PRN. Recent updates clarify that both registered and unregistered persons must comply, with VAT due at the earliest of invoice, payment, or service delivery.
Kenyan SMEs face significant HR compliance gaps due to limited awareness, weak enforcement, and lack of formal HR structures. Common issues include missing employment contracts, poor record-keeping, and non-compliance with statutory obligations like NHIF/NSSF remittances and working hour regulations. These gaps expose businesses to legal risks, financial penalties, and reputational damage, while employees suffer job insecurity and denial of benefits. Experts recommend practical solutions such as standardized HR templates, digital compliance platforms, outsourced HR support, and government-backed incentive programs. Case studies show that structured HR audits and digital tools can dramatically improve compliance, reduce turnover, and boost operational efficiency.
Kenya’s Finance Act, 2025 introduces subsection 10(1)(m) to the Income Tax Act, expanding taxable income to include payments made through digital marketplaces. Starting July 1, 2025, non-resident service providers earning from Kenyan users will be taxed, aligning with the withholding tax provisions from the 2024 Tax Laws Amendment Act.
Starting October 1st, 2025, Kenya enforces a new import regulation under the Finance Act 2025 requiring all inbound cargo to be accompanied by a valid Certificate of Origin (COO). This document—issued by a competent authority in the country of export—must be presented at customs as a prerequisite for cargo clearance. Failure to comply will lead to seizure or forfeiture of goods by the Kenya Revenue Authority.
Starting 1 July 2025, Kenya exempts stamp duty on internal company restructures involving proportional property or share transfers to shareholders. This amendment to Section 117 of the Stamp Duty Act reduces tax burdens on non-commercial reorganizations, enabling more flexible and cost-effective corporate structuring.
Explore the impact of Kenya's Finance Act 2025 on pension taxation, including the removal of previous exemptions and new qualifying conditions for tax-free withdrawals. Learn how pension payments, annuities, gratuities, and allowances are treated under the revised Income Tax Act and retirement benefits regulations, effective 1st July 2025.
Kenya’s Finance Bill 2025 introduces a major update to the mortgage interest deduction, now allowing taxpayers to claim up to KES 360,000 annually on interest from construction loans—not just for purchasing or renovating homes. The deduction applies if the mortgage is from one of six designated financial institutions and targets owner-occupied residential properties. This shift aims to boost home ownership and real estate investment, especially for middle-income earners. However, limitations on the loan source and deduction cap may hinder broader impact.
The Kenya Finance Bill, 2025 proposes a key amendment to the Income Tax Act, allowing automatic approval of accounting year-end changes if the KRA fails to respond within six months. This move aims to boost efficiency, reduce administrative delays, and improve business certainty in financial reporting.
Treasury CS John Mbadi unveiled Kenya’s largest-ever budget at Ksh 4.2 trillion, focusing on fiscal discipline amid rising debt and economic strain. The budget avoids new taxes following the rejection of the Finance Bill 2024, instead emphasizing improved tax administration and lean spending. Key proposals include full tax exemption on gratuity payments, mortgage interest relief for self-built homes, and accelerated tax relief for businesses. Education, infrastructure, and security sectors received significant allocations, while healthcare saw both boosts and cuts across programs. Critics, including Gideon Moi, raised concerns over heavy borrowing and disproportionate recurrent spending
Explore practical strategies for staying calm under pressure during Kenya's audit peak season. A seasoned auditor shares personal routines, mindset shifts, and productivity tips to maintain resilience and avoid burnout.
Mental health and well-being in the workplace have become essential for employee productivity, engagement, and overall job satisfaction. Organizations are increasingly recognizing the importance of fostering a supportive and inclusive work environment by providing mental health resources, flexible work arrangements, and promoting open communication. Investing in workplace wellness initiatives improves employee retention, reduces stress, and enhances collaboration. Prioritizing mental health benefits both individuals and the organization, creating a thriving and resilient workforce.
Explore a comprehensive breakdown of Kenya's Finance Bill, 2025—covering tax amendments, fiscal policies, and their impact on businesses and individuals. Gain insights into economic shifts and budgetary implications affecting various sectors.
"Discover the transformative power of workplace wellness in enhancing employee well-being, engagement, and productivity. Learn how intentional strategies and inclusive practices can foster a thriving organizational culture.