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These are today's stories…

By Ndegwa Mbuthia

For investors in banking stocks, dividends are one of the clearest signals to watch in 2026, as the inaugural FY25 Kenya Banking Sector Report by Wall Street Africa Group. But not all dividends are saying the same thing.

Some payouts reflect strong, recurring earnings. Others are being supported by one-off events, while a few may reveal what management teams or new owners want to do next with capital.

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New Vehicle Transfer Fee Masks NTSA's Revenue Collapse

By Harry Njuguna

The National Transport and Safety Authority (NTSA) closed the financial year ended 30 June 2025 with a sharply narrowed deficit of KSh 9.10 million, a near-complete turnaround from the KSh 472.37 million shortfall recorded in FY2023-24

• The numbers were buoyed by a new revenue stream that papered over structural weaknesses in the authority's income base.

• Total revenue grew a modest 1.29% to KSh 3.89 billion, masking a dramatic shift in composition.

• The National Treasury's approval of vehicle transfer ownership fees as an Appropriation in Aid generated KSh 1.24 billion in its debut year, single-handedly driving a 14.3% rise in AIA revenue to KSh 3.46 billion.

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KRA Opens High-Stakes Race for New Commissioner General

By Fred Obura

The Kenya Revenue Authority (KRA) has formally declared a vacancy for the position of Commissioner General, setting in motion a high-stakes succession process at a time when pressure to sustain revenue growth is intensifying.

• The announcement follows the Board’s decision not to renew the contract of outgoing Commissioner General Humphrey Wattanga, who has proceeded on terminal leave and been appointed Kenya's High Commissioner to Pretoria.

• In the interim, Lilian Nyawanda, currently Commissioner for Customs and Border Control, has been appointed Acting Commissioner General.

• The incoming chief executive will take charge at a pivotal moment for the tax authority, as it rolls out its 9th Corporate Plan anchored on digital transformation and service-driven compliance.

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OPINION : When Opinion Starts Dressing Up as Expertise

 We are drifting into a culture where opinion travels faster than understanding, and begins to pass for it. Decisions tilt toward confidence and taste…what feels right, what sounds good, rather than the slower authority of training and experience. The boundary between contribution and interference blurs, until expertise is treated as optional rather than foundational. And once that shift settles in, standards loosen quietly, followed not long after by trust.

Ahmad Salim writes »»»»»

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