AGP Executive Report
Last update: 9 hours agoTea Sector: KTDA-managed factories earned Sh968.7 million from 2.51 million kg of tea sold at the latest Mombasa auction. The government has also pledged Sh3.7 billion to modernise factories and narrow regional gaps in farmer bonuses. Digital Infrastructure: Vodacom is seeking partners for AI data centres in Kenya and other major African markets, aiming to share the cost of building capacity. Corporate Earnings: Safaricom posted a half-year net profit of Sh58.2 billion, strengthening expectations of a higher dividend. Retail Investment: Foreign investors secured a 52.9 per cent stake in Quickmart through its IPO, underlining strong overseas appetite for Kenyan businesses. Tax Compliance: KRA has moved the individual income tax filing deadline from June 30 to April 30, starting with 2026 returns due in 2027. Crypto Rules: The IMF wants Kenya to require digital-asset platforms to share sender and recipient identification details during covered transfers.
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