Alfred Onyango

Kenya, Nairobi

Journalist at The Star (Kenya)

@ Construction Stage .....Building something for the future: Journalist...Writer,,

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Articles

Why Kenyans have to wait longer to feel real benefits of strengthening shilling

1 week ago | eastleighvoice.co.ke | Alfred Onyango

Despite recent gains in the country’s currency market, Kenyans are still grappling with the rising cost of living, a contradiction that begs the question of why a stronger shilling hasn’t effectively translated into lower prices. This is the country remains a net importer, with most household commodities purchased in dollars by importers, underscoring the significance of the Shilling-Dollar exchange rate.
2025 Finance Bill changes may worsen cash crunch for Kenyan exporters

1 week ago | eastleighvoice.co.ke | Alfred Onyango

The proposed changes, if passed into law, would increase the period for refund ascertainment from the current 90 to 120 days, along with an extension of the audit window from 120 to 180 days. The draft 2025 Finance Bill has introduced a new proposal that seeks to extend the timelines for the Kenya Revenue Authority (KRA) to process and repay tax refunds to businesses.
Good news for employees as state moves to increase tax exempt on allowances

1 week ago | eastleighvoice.co.ke | Alfred Onyango

Employees who regularly travel outside their usual place of work for official duties are poised to benefit from a new tax reprieve proposed in the draft Finance Bill, 2025. Currently under parliamentary review, the proposal seeks to increase the daily tax-exempt per diem allowance from the current Sh2,000 to Sh10,000.
Proposed tax cut on imported building materials to help revive struggling sector

1 week ago | eastleighvoice.co.ke | Alfred Onyango

In a welcome move for Kenya’s struggling construction sector, a fresh proposal in the Finance Bill, 2025, seeks to significantly reduce taxes imposed on imported building materials. The proposal seeks to specifically reduce the Export and Investment Promotion Levy from the current 17.5 per cent to 5.0 per cent for several construction-related products.
South Africa overtakes Kenya as top venture capital investment destination - Report

1 week ago | eastleighvoice.co.ke | Alfred Onyango

Kenya has lost its top spot as the leading venture capital investment destination in Africa to South Africa, a new report has revealed. Covering the first three months of this year, the update by the African market intelligence firm Stears places Kenya in position two, having attracted Sh45.5 billion. This represents 22 per cent of the total transactions received on the continent in the period under review.
Labour Day 2025: Lobby flags setbacks in workers’ freedom and justice

2 weeks ago | eastleighvoice.co.ke | Alfred Onyango

As the world marks Labour Day 2025, experts are weighing in on the scope of workers’ rights and warning of a decline in freedoms for workers across countries. This includes, in particular, the freedoms that enable them to organise and negotiate aspects of their work, such as wages, hours, and working conditions.
Inside Sh39 billion new funding to boost refugees’ education in Africa

2 weeks ago | eastleighvoice.co.ke | Alfred Onyango

Refugees across the continent are poised to benefit from a major boost in educational support, following a new funding announcement under a five-year joint initiative. The partnership between the Mastercard Foundation and the UN Refugee Agency (UNHCR) will provide $300 million (Sh38.8 billion) towards the education of the ever-increasing refugee population.
Faith leaders call for more awareness to tackle endemic diseases as donor cuts bite

2 weeks ago | eastleighvoice.co.ke | Alfred Onyango

Faith leaders call for more awareness to tackle endemic diseases as donor cuts bite The leaders particularly call for increased awareness campaigns aimed at educating the public on the dire consequences of preventable diseases. Faith-based leaders from across the country are calling for urgent and accelerated action to tackle the persistent challenges of poverty and endemic diseases in the country.
Increased food, energy costs push inflation to 4.1% in April

2 weeks ago | eastleighvoice.co.ke | Alfred Onyango

Increased food, energy costs push inflation to 4.1% in April The record marks the sixth consecutive month of rising living costs since October last year, highlighting increasing worries about affordability and economic stability. Increased costs of some food commodities, power, and transport have pushed up the inflation level to 4.1 per cent in April. This is from 3.6 per cent in the previous month.
Why innovation investment falters despite businesses’ thirst - study

2 weeks ago | eastleighvoice.co.ke | Alfred Onyango

Despite being hailed as a key driver of economic transformation, innovation investment in developing countries such as Kenya continues to lag behind. According to a study by the World Bank, developing countries encourage far less innovation as firms and governments appear to be leaving billions of dollars on the table in forgone productivity growth.