Standard Group CEO Set to Exit After Just 7 Months in Office
His planned exit comes amid a series of changes within Standard Group's board and senior leadership.
Category
Latest stories in Business.
His planned exit comes amid a series of changes within Standard Group's board and senior leadership.
The Kenya Revenue Authority (Amendment) Act, 2026, provides for the tax agency to receive 3% of the revenue collected above its target in each quarter of the financial year.
The new prices, which took effect following EPRA's October 14 review, rank among the steepest increases recorded in 2026.
The findings emerged against a backdrop of slowing reported income growth and changing spending priorities among Kenyan consumers.
The findings were released amid growing reliance on digital platforms for financial transactions and communication.
Global oil prices have risen by more than 70 per cent this year as the war disrupted energy markets and heightened concerns over supplies.
“Kenya demonstrates the potential that emerges when strong connectivity, high digital engagement, and a mobile-first economy come together,” said Michael Mugasa, Entertainment and Media Partner at PwC Kenya. “The next stage is about converting that participation into value.”
The reported development comes weeks after concerns emerged over performance improvement plans and separation offers reportedly presented to some Microsoft employees, adding to uncertainty surrounding the future of its local engineering workforce.
The latest adjustment reflects fuel-related expenses associated with electricity generation
Kenya's experience with previous disruptions, including post-election violence, the COVID-19 pandemic and the 2024 protests, demonstrated the industry's resilience but also highlighted the need for better preparation.
The country posted a score of 67.9 points in the assessment, which examined governments’ capacity and efficiency in raising revenue during 2025.
The United States remains Kenya’s largest source of diaspora remittances, accounting for approximately 43.5 per cent of the total cash sent home by Kenyans living abroad.