Siran Business Solutions

Siran Business Solutions Business start-up coach. Siran Business Solutions is a business coaching company. Feel free to book a slot.

We have a powerful model that will enable you overcome obstacles to get you started in your own business and to get you thrive to profitability. We have helped people especially in employment successfully start and run a profitable business on the side. Our services include a 120 day start up package that is a time-bound and realistic business start-up model that will help you overcome personal fe

ar, procrastination and other business start-up constraints. We also provide affordable office, relationship managers for your business, business operation solutions, affordable marketing and customer services solutions among other services geared to ensure that your business start-up succeeds. We also hold a free but informative and interactive forum every 3rd Friday of the month at All Saints Multi-purpose Hall between 6.30pm and 7.30pm. For further information, check our website www.siransolutions.com.

Siran News Desk | 31 Oct 2025Developers Eye Sh34bn Loans for Kenya’s First PPP-Funded Power Lines ProjectKenya’s power i...
31/10/2025

Siran News Desk | 31 Oct 2025
Developers Eye Sh34bn Loans for Kenya’s First PPP-Funded Power Lines Project

Kenya’s power infrastructure is set for a major boost as developers of the country’s first public-private partnership (PPP)-funded electricity transmission lines seek loans worth Sh34 billion from three key financiers — the African Development Bank (AfDB), Trade and Development Bank (TDB), and the Dutch Entrepreneurial Bank (FMO).

The $341 million (Sh44.05 billion) project, jointly developed by Africa50 and PowerGrid Corporation of India, will see construction of two critical power lines — the 400kV Lessos–Loosuk and the 220kV Kisumu–Kibos–Kakamega–Musaga lines — under a 77:23 debt-to-equity funding model.

Consumers will repay the investment through a special tariff on power bills over a 30-year period, after which ownership transfers to Kenya. The lines are expected to enhance electricity reliability in Western Kenya and improve transmission of wind and solar energy from the north.

This milestone signals Kenya’s growing shift toward private sector participation in infrastructure, offering a model for future PPPs in the energy and utilities sector. With an estimated $4 billion financing gap in power transmission, such partnerships will be key to sustaining Kenya’s clean energy transition.

Siran News Desk | 30 Oct 2025Tea overtakes soda ash as Kenya’s top export to IndiaKenya’s tea exports to India surged by...
30/10/2025

Siran News Desk | 30 Oct 2025
Tea overtakes soda ash as Kenya’s top export to India

Kenya’s tea exports to India surged by 73% in the first half of 2025, earning Sh1.97 billion and overtaking soda ash as the country’s leading export to Asia’s third-largest economy. Shipments rose to 7.83 million kg, even as total tea earnings globally fell 13% to Sh176.8 billion amid weak prices and a stronger shilling.

Despite the milestone, farmers continue to face reduced bonuses and weaker demand from Pakistan — Kenya’s largest tea buyer — which cut imports by 13%. The shift highlights India’s growing importance as an alternative market amid geopolitical disruptions and evolving trade dynamics.

Siran News Desk | 29 Oct 2025LPG Sellers to Retain Clients’ Details for Two Years in New Safety PushOil marketers and ga...
29/10/2025

Siran News Desk | 29 Oct 2025
LPG Sellers to Retain Clients’ Details for Two Years in New Safety Push

Oil marketers and gas dealers in Kenya will now be required to keep customers’ details—including names and phone numbers—for a minimum of two years, in a fresh regulatory push to boost safety and accountability in the liquefied petroleum gas (LPG) market.

According to the new Petroleum (Liquefied Petroleum Gas) Regulations, 2025, failure to maintain these records will attract a fine of Sh20,000 per sale. This marks a shift from the current one-year retention period and a higher fine of Sh50,000 per breach. The Energy and Petroleum Regulatory Authority (Epra) will oversee compliance through a new central tracking database where dealers will file customer details at the point of sale.

The move aims to ensure traceability of LPG cylinders from sellers to end users, enhancing accountability in the event of accidents or unsafe containers. Sellers will also be required to issue detailed receipts indicating the unit price, total transaction amount, cylinder brand, and serial numbers.

Epra says the new rules will not only promote safety but also make it easier to resolve disputes and curb the black market for LPG, especially in informal areas. The regulations are currently open for public participation before being tabled in Parliament for approval and gazettement.

Kenya’s LPG consumption continues to rise, hitting a record 413,960 tonnes in 2024, up 14.8% from 360,590 tonnes in 2023. The growing market has attracted major regional players such as Lake Gas, Taifa Gas, and Asharami Energy, who are investing in import handling and refilling facilities to meet the surging demand.

Siran News Desk | 28 Oct 2025Sun King stirs up competition with solar smartphones, TVs assembly plantOff-grid solar firm...
28/10/2025

Siran News Desk | 28 Oct 2025
Sun King stirs up competition with solar smartphones, TVs assembly plant

Off-grid solar firm Sun King has intensified competition in Kenya’s locally assembled phone and TV market with the launch of a new solar-powered electronics assembly plant in Nairobi, positioning itself against players like M-Kopa, EADAK, and Vision Plus.

The new facility — Sun King’s first production plant in Africa — will assemble smartphones and TVs, with plans to expand into other solar and electronic products. This move comes at a time when the government is offering tax incentives for local assemblers, including import duty waivers on components and excise duty exemptions on locally made smartphones.

By setting up in Nairobi, Sun King aims to cut logistics costs, reduce carbon emissions, and strengthen local supply chains, all while improving product accessibility for off-grid customers.

Industry leaders have hailed the investment as a vote of confidence in Kenya’s economy and a major boost to the country’s manufacturing and green energy sectors. The development also underscores a growing shift toward local value addition and sustainable tech innovation in Africa.

Siran News Desk | 27 Oct 2025Smartphone Ownership Surge Reshapes Banking as Customers Go MobileRising smartphone ownersh...
27/10/2025

Siran News Desk | 27 Oct 2025
Smartphone Ownership Surge Reshapes Banking as Customers Go Mobile

Rising smartphone ownership is transforming Kenya’s banking landscape. The share of banked adults using mobile services has grown from 25.3 percent in 2019 to 32.6 percent in 2024, as lenders expand apps and USSD platforms to meet demand for faster, cheaper, and more convenient banking.

Nearly one in three adults now accesses banking through their phones, with urban usage at 46 percent versus 27 percent in rural areas. Smartphone pe*******on has reached 83.5 percent of active devices — about 43.8 million — fueling access to digital banking, e-commerce, and payments.

Mobile money subscriptions have surged from 27.7 million in 2015 to 47.7 million in 2025, highlighting Kenya’s deepening digital finance ecosystem. Formal financial inclusion rose to 84.8 percent in 2024, with mobile channels at its core.

As banks innovate to meet customer expectations for real-time, round-the-clock access, mobile is cementing its place as the new face of banking in Kenya.

Siran News Desk | 24 Oct 2025Banks, Firms Pocket Sh30bn from Kenya’s Road Annuity SchemeTaxpayers have paid Sh30.89 bill...
24/10/2025

Siran News Desk | 24 Oct 2025
Banks, Firms Pocket Sh30bn from Kenya’s Road Annuity Scheme

Taxpayers have paid Sh30.89 billion to contractors and lenders financing Kenya’s road annuity programme across 11 counties, underlining the growing role of public-private partnerships (PPPs) in infrastructure development.

The model allows private contractors to design, build, and maintain roads, with the government repaying them in instalments (annuities) once construction is complete. The repayments ensure firms can service loans from commercial banks while maintaining the roads over a fixed period.

According to Treasury data, Sh20.56 billion has gone to lenders funding 90.55 km of roads in Kajiado County, while another Sh5.94 billion has been paid for 44.72 km of roads connecting six central Kenya counties. A further Sh4.39 billion was disbursed for 35.3 km of roads in western Kenya.

These projects — Lots 33, 15, and 18 — have improved connectivity in Kajiado, Nyeri, Kirinyaga, Murang’a, Embu, Laikipia, Tharaka Nithi, Kakamega, Vihiga, Bungoma, and Busia counties. Together, they cost Sh29.82 billion ($230.92 million) and are under 10-year operation and maintenance contracts.

The scheme, funded through the Roads Maintenance Levy (currently Sh25 per litre of petrol and diesel), helps the government meet infrastructure needs without overburdening the Exchequer. The Treasury notes that the participating firms remain financially stable and are expected to continue operations for the foreseeable future.

Siran News Desk | 23 Oct 2025Nairobi Expressway Losses Widen to Sh1.8bn Despite Traffic SurgeThe Nairobi Expressway oper...
23/10/2025

Siran News Desk | 23 Oct 2025
Nairobi Expressway Losses Widen to Sh1.8bn Despite Traffic Surge

The Nairobi Expressway operator, Moja Expressway, has reported a widened net loss of Sh1.84 billion in the six months to December 2024 — even as traffic on the 27-kilometre road surged to an average of 67,298 vehicles daily. Treasury data shows motorists paid Sh7.16 billion in toll fees during the period, falling short of the Sh9 billion needed to cover debt servicing, operations, and maintenance costs.

The expressway, Kenya’s first major public-private partnership (PPP) infrastructure project, continues to grapple with heavy finance costs despite growing usage. Analysts say the losses underline the high debt burden incurred to build the elevated highway, operated by Moja Expressway, a subsidiary of China Road and Bridge Corporation (CRBC).

Regulators at the Kenya National Highways Authority (KeNHA) have urged the operator to review toll charges downwards, citing a stronger shilling and easing inflation. However, the firm has yet to make any adjustments since tolls were last revised upwards in January 2024.

Motorists currently pay between Sh170 and Sh500 depending on distance, with the standard Mlolongo–Westlands route costing Sh500 for saloon cars—up nearly 39% from 2022 rates. The reluctance to lower fees despite improved macroeconomic conditions mirrors the “rocket-and-feather” pricing model, where rates rise quickly but fall slowly.

The expressway is projected to generate Sh302.5 billion in revenues over 27 years, with expected cumulative profits of Sh106.8 billion for the Chinese operator. Still, the widening losses raise questions about the financial sustainability and pricing model of Kenya’s flagship PPP project.

Siran News Desk | 22 Oct 2025Consumers Brace for Fresh Charge on Fuel, ElectricityConsumers could soon face a fresh levy...
22/10/2025

Siran News Desk | 22 Oct 2025
Consumers Brace for Fresh Charge on Fuel, Electricity

Consumers could soon face a fresh levy on fuel and electricity as the government moves to introduce a Consolidated Energy Fund (CEF) to finance projects in the energy sector and reduce reliance on loans. The proposed fund is expected to be partly financed through contributions from energy sector players — a move that could translate into higher pump prices and electricity bills for households and businesses.

Energy Cabinet Secretary Opiyo Wandayi said the fund will support the development of transmission lines, hydropower dams, renewable energy projects, research, and human capacity development. The government currently depends on loans, grants, and taxes to fund energy projects such as power generation, transmission, and petroleum facilities. However, limited fiscal space and rising public debt have made project financing increasingly difficult.

Parliament will allocate an initial Sh500 million to the fund, with additional resources expected from government securities, recovered assets from energy-related crimes, and fines imposed by the Energy and Petroleum Regulatory Authority (Epra). Consumers already pay multiple levies in the energy sector, including the Roads Maintenance Levy at Sh25 per litre of petrol and diesel, and the Petroleum Development Levy (PDL) at Sh5.40 per litre of petrol and diesel, and Sh0.40 per litre of kerosene. Electricity consumers also pay a Rural Electrification Authority (REA) levy of five percent on every power bill.

The Ministry of Energy says the CEF is part of reforms under its 2025–2029 plan to strengthen funding for petroleum and electricity infrastructure. If implemented, the new levy would add pressure on households and businesses already grappling with high energy costs and a rising cost of living.

Siran News Desk | 21 Oct 2025KRA Signals More Cuts on Tax Waivers, Eyes Sh1.7trn in VATThe Kenya Revenue Authority (KRA)...
21/10/2025

Siran News Desk | 21 Oct 2025
KRA Signals More Cuts on Tax Waivers, Eyes Sh1.7trn in VAT

The Kenya Revenue Authority (KRA) has recommended a further review of tax exemptions on goods and services as it identifies a Sh1.78 trillion gap in Value Added Tax (VAT) collections.

An internal report by the authority shows that the difference between actual and potential VAT collections stood at 11.8 percent of GDP by the end of 2023 — translating to Sh1.78 trillion. The report attributes 6.8 percentage points of the gap to policy exemptions, while non-compliance accounts for 4.9 percentage points, or about Sh740 billion.

KRA notes that the current tax policy regime remains the largest contributor to the shortfall, signalling a likely review of exemptions. However, ending VAT waivers on key goods such as maize flour and bread has proved politically sensitive after last year’s anti-tax protests.

“Policy gaps remain higher than the compliance gap and significant at 6.8 percent of GDP in 2023,” KRA states in its July 2025 report.

Basic food items, healthcare, education, and agricultural inputs remain largely exempt or zero-rated, keeping them outside the 16 percent VAT rate. The National Treasury has turned its attention to these exemptions as the space to introduce new taxes narrows.

Under the 2025 Finance Act, VAT exemptions were lifted on items such as digital media storage devices, imported raw materials for textile manufacturing, and equipment for geothermal and oil prospecting. Exemptions were, however, granted for mosquito repellent and locally consumed teas, while packaging materials for tea and coffee were zero-rated.

VAT remains the second-largest revenue source after income tax, collecting Sh660.7 billion in the year to June 2025 — the only tax head to meet its target.

Siran News Desk | 16 Oct 2025Small Traders Outperform Large Firms in Tax ComplianceSmall traders are outpacing large and...
16/10/2025

Siran News Desk | 16 Oct 2025
Small Traders Outperform Large Firms in Tax Compliance

Small traders are outpacing large and medium-sized companies in tax compliance, marking a notable shift in Kenya’s revenue landscape. Data from the Kenya Revenue Authority (KRA) shows that nearly three in four small traders in the Turnover Tax (ToT) register paid taxes in the year to June, compared to just one in four large firms under the Corporate Income Tax (CIT) regime.

Out of 618,201 firms registered with the KRA, only 156,232 remitted instalment taxes — meaning 74.7% of companies paid nothing tied to their profitability. In contrast, small traders recorded a 72.5% compliance rate, up from 61.7% a year earlier, reflecting growing discipline among Kenya’s informal sector players.

Analysts attribute the improvement to enhanced use of digital filing tools like iTax, stronger enforcement, and the creation of KRA’s Micro and Small Taxpayers Department, launched earlier this year to improve oversight and simplify compliance for “hustler” enterprises.

Tax experts, however, caution that the numbers may reflect higher compliance only among already-formalized small businesses, with millions of micro and informal traders still outside the tax net. Kenya’s economy is estimated to have over 7.4 million MSMEs, the majority of which operate informally and remain untaxed despite their economic weight.

Under the Finance Act 2023, ToT taxpayers are charged 1.5% of gross sales as a final tax — a simplified model compared to the profit-based CIT system. The surge in small trader compliance underscores the government’s ongoing effort to broaden the tax base and reduce overreliance on formal corporates, even as challenges in MSME formalization persist.

We are deeply saddened by the passing of Hon. Raila Odinga. As a devoted leader who served our nation with passion and c...
15/10/2025

We are deeply saddened by the passing of Hon. Raila Odinga. As a devoted leader who served our nation with passion and conviction, his legacy will forever resonate in the hearts of Kenyans at home and abroad.

During this time of mourning, we stand with the people of Kenya. May his family, colleagues, and the entire nation find strength, comfort, and unity. His vision, resilience, and contributions to our country will never be forgotten.

RIP, Raila Odinga.

Siran News Desk | 15 Oct 2025Kenyan Passport Drops Six Places Amid Weak Reciprocal Visa DealsKenya’s passport has fallen...
15/10/2025

Siran News Desk | 15 Oct 2025
Kenyan Passport Drops Six Places Amid Weak Reciprocal Visa Deals

Kenya’s passport has fallen six places to 73rd globally from 67th last year, according to the latest Henley Passport Index, reflecting limited reciprocal visa waiver agreements despite government reforms to open borders for African travelers.

The number of destinations Kenyans can visit visa-free or with a visa on arrival has dropped to 70 from 74 last year, underlining the uneven nature of global mobility. While Kenya recently scrapped visa requirements for nearly all African countries to promote tourism and integration, the gesture has not been matched by most nations—especially in Europe’s Schengen Area, where Kenyan travelers still require visas.

The report, which uses IATA data, ranks passports based on the number of countries their holders can enter without prior visa approval. Kenya now ranks 10th in Africa, behind Seychelles, Mauritius, South Africa, Botswana, Namibia, Lesotho, Eswatini, Morocco, and Malawi. Seychelles remains Africa’s most powerful passport, granting access to 155 destinations visa-free.

For businesses, the ranking underscores how limited travel mobility can hinder trade, investment, and cross-border dealmaking, especially as Kenyan entrepreneurs and professionals look to expand regionally and globally. Easier travel access often goes hand in hand with stronger diplomatic ties, foreign investment inflows, and economic competitiveness.

Globally, Singapore retains the top spot, offering visa-free access to 193 countries, followed by South Korea, Japan, Germany, Italy, and Luxembourg.

Address

4th Floor, Trio Complex, Garden City
Nairobi
254

Alerts

Be the first to know and let us send you an email when Siran Business Solutions posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Share