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More on Financial Services

5 Jun 2026

Treasury Under Pressure as PAYE Debate Returns in Finance Bill, 2026

 Before the National Treasury published the Finance Bill, 2026, many assumed the politically sensitive debate around Pay As You Earn (PAYE) had been deliberately left untouched. The Bill itself co...

29 May 2026

A Mortgage at Single Digits? How KMRC’s KSh 3B Green Bond Could Shift Kenya’s Housing 

For years, the prospect of single-digit mortgage rates in Kenya has largely remained aspirational. This week, however, tangible financial backing was placed behind that ambition.  The Kenya Mortgage ...

22 May 2026

Infrastructure, Power and Oversight: The Questions Facing Kenya’s NIF 

For decades, Kenya’s approach to developing its infrastructure has been the usual one – borrowing money to build roads or power plants. This has led to an increase in the national debt, and the go...

15 May 2026

Finance Bill, 2026: Private Sector Outlook on Taxation Reforms

The Finance Bill, 2026, comes at a pivotal moment in Kenya’s fiscal and regulatory landscape, as the government intensifies its focus on revenue mobilisation and tax administration efficiency. The N...

27 Mar 2026

Full Flights, Empty Books: Inside Kenya Airways’ Financial Turbulence

On March 24, 2026, Kenya Airways reported a net loss of approximately KSh17.1–17.2 billion for the financial year ended December 2025, reversing a KSh5.4 billion profit recorded just a year earlier....

20 Feb 2026

Rebuilding Trust: Reform and Recovery in Kenya’s SACCO Sector After KUSCCO Scandal

The Kenya Union of Savings & Credit Co-operatives Ltd (KUSCCO) scandal remains one of the most sobering wake-up calls in the history of Kenya’s cooperative finance sector. A forensic audit revea...

22 Aug 2025

Opportunity or Instability? Kenya’s Economic Dilemma

Kenya’s economy is at a pivotal point. The figures present a picture of relative stability: GDP growth at 4.9 per cent, inflation at 3.82 per cent, and the Central Bank Rate recently reduced to 9.5 ...

4 Jul 2025

Currency Regulation: A Necessary Measure or a Risky Move?

Currencies across East Africa have been experiencing significant volatility and sustained depreciation against the US dollar and other major foreign currencies. This trend has been driven by a mix of ...

20 Jun 2025

Regulating Responsiveness: CBK’s Warning to Banks

In April 2025, the Central Bank of Kenya (CBK) announced that it would begin imposing daily fines on banks that fail to adjust lending rates downward in line with recent reductions in the Central Bank...

13 Jun 2025

Breaking the Consensus: The Issues with the EU’s High-Risk AML Classification of Kenya

In global financial governance, timing and process are everything. Institutions tasked with regulating the cross-border financial system, policing illicit financial flows, and safeguarding financial i...

30 May 2025

Budget Transparency: Counties Struggle to Provide Feedback on Public Participation

County governments are still struggling to gather feedback on how the public participates in the decision-making process. Kenya’s County Budget Transparency Survey (CBTS) 2024 Report, released last ...

25 Apr 2025

Tracing every coin: FATF’s review of Recommendation 16 and the new rules of engagement for financial service providers

In the intricate and fast-paced world of global finance, where trillions move invisibly across borders daily, the challenge of keeping illicit money flows in check has grown exponentially. From narcot...
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Vellum Kenya is a weekly news publication owned by Oxygene Marketing and Communication Ltd and ran by the Public Policy Department. The publication captures political, socio economic and policy issues that impact on the Public Policy landscape in Kenya and the African region at large.

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