Economy News & Updates – Africa's Business & Finance Insights
Looking for what’s shaping Africa’s economy right now? You’ve come to the right spot. From Kenya’s new tax rules to Bitcoin’s latest swing, we break down the headlines so you can act on the facts, not the noise.
Key Tax Changes in Kenya
The Finance Bill 2025 just dropped, and it’s a game‑changer for businesses and digital traders. Kenya plans to limit corporate loss deductions, cut the tax on digital assets, and add more VAT exemptions for start‑ups. In plain English, that means fewer loopholes for big firms, cheaper entry for tech entrepreneurs, and a push for better tax compliance. The changes kick in from July 2025, so if you run a company or invest in crypto, start adjusting your books now.
Bitcoin’s Recent Drop
Bitcoin took a 13% hit, sliding to $51,560 after the US recession chatter grew louder. It’s the steepest one‑day fall since late 2022 and the lowest level seen since February. Investors are pulling back from riskier assets, and the ripple effect is felt across crypto markets. If you hold Bitcoin, consider whether you’re comfortable with this volatility or if it’s time to rebalance your portfolio.
These two stories illustrate a bigger picture: Africa’s economy is in a transition phase, blending traditional policy shifts with fast‑moving digital finance trends. The finance bill aims to modernise tax structures while keeping an eye on global standards. At the same time, global recession fears are influencing local investors, showing how interconnected markets have become.
What does this mean for you? If you’re a business owner, the new tax rules could affect cash flow and filing deadlines—keep your accountant in the loop. If you’re a crypto enthusiast, expect more swings as macro‑economic news hits sentiment. And if you just want to stay informed, check back regularly; we’ll keep pulling the most relevant stories into one easy place.
Ready to dive deeper? Browse our latest posts, sign up for alerts, and join the conversation. Africa’s economy moves fast—make sure you’re moving with it, not left behind.
Finance Bill 2025: Major Tax Reforms Set to Reshape Kenya’s Business and Digital Landscape
Kenya's Finance Bill 2025 proposes extensive tax changes: corporate loss limitations, reduced digital asset taxation, more VAT exemptions, and incentives for start-ups. The measures aim to boost compliance and align with global standards, affecting both businesses and individuals from July 2025.
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Bitcoin Tumbles Amid Rising US Recession Fears
Bitcoin has plunged 13% from its Sunday close, dropping to $51,560. This marks its largest one-day fall since November 2022 and its lowest point since February. The decline is part of a broader trend driven by worries about a US recession, which has investors moving away from risk assets.
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