Charles Mwaniki

New expenditure and revenue projections by the Treasury show that the 2026/27 budget is expected to increase by Sh40.5 billion to Sh4.86 trillion, up from the Sh4.82 trillion approved in the June 2026 budget statement.

A switch or swap bond occurs when holders of a paper that is nearing maturity are offered the exclusive chance to move all or part of their principal directly into another longer bond.

NSSF has been trying to develop the Mavoko land for nearly 15 years, having initially proposed to construct 30,000 housing units on the property in 2012 under a joint venture with private developers. The housing project was tagged a flagship Vision 2030 project.

The dividends are a mix of interim and final payouts, depending on the financial reporting calendar of individual companies.

As the share price continues to rise, so has investor activity on the stock, indicating that demand is going up even as those who have booked large capital gains cash out to book the profits.

A sample of listed bonds shows that majority are trading at market prices that are lower compared to last year, backing the revaluation by banks.

Caption for the landscape image: Kenya's diaspora remittances fell by Sh9 billion to Sh368.75 billion in the first seven months of the

Kenya currently runs a revenue yield gap of eight percent of GDP—meaning that the country's tax to-GDP-ratio of about 14 percent is below the ideal level of 22 percent.

The August switch bond primarily targeted Treasury bills, which are due in a period of heavy maturities on short-term government debt after a spike in subscriptions over the last three months. The CBK did not, however, disclose the split in the proceeds between the T-bills and the 15-year bond.

The National Treasury has cashed 41 percent of its annual domestic borrowing target just two months into the fiscal year, signalling a rush to