AGP Executive Report
Last update: 8 hours agoTax & Governance: Critics say Kenya’s Finance Bill 2026 would give KRA sweeping powers to reclassify deals as tax avoidance, seize bank accounts while appeals run, and mine payment data—sparking pushback from bankers, lawyers and major audit firms. Labour & Pensions: COTU warns employers against undermining enhanced NSSF deductions, insisting workers should keep contributing despite court-linked disputes. Youth Jobs: UNDP plans a NextGen platform to place at least 500 young Kenyans into one-year private sector roles with monthly stipends. Ebola & Economy: Kenya’s Ebola quarantine facility row keeps escalating—protests, court orders to disclose details, and US praise for Kenya’s response amid sovereignty and transparency concerns. Digital & Connectivity: EU backs the €37m Blue-Raman cable extension into East Africa, while Amazon selects Kenya for its first African satellite gateway, boosting the connectivity race. Energy/EV Policy: Finance Bill proposals could roll back VAT incentives for e-mobility, worrying investors and manufacturers. Housing Levy Oversight: Auditor-General flags major gaps in Affordable Housing Levy collection due to failures to onboard eligible taxpayers. Business & Trade: Kenya courts Chinese investors to build tea processing and packaging locally as export value becomes the goal. SME Finance: Credit Bank sets aside Sh1bn to support SME growth through credit and broader banking solutions. Court Watch: A Nairobi court allows withdrawal of a forgery case against a man accused of using a fake engineering degree to land a KPC job.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.