Kenya’s Finance Bill 2026 Risks Derailing Green Transition, Industry Players Warn

Kenya’s Finance Bill 2026 Risks Derailing Green Transition, Industry Players Warn

Kenya’s Finance Bill 2026 proposes a 16% VAT on electric vehicles and batteries, threatening to derail the nation’s green transition. Experts warn the move undermines climate goals by making clean transport more expensive than fossil fuel alternatives. The tax shift signals a policy contradiction that could stall investor confidence in Kenya's fast-growing e-mobility sector.
Climate Change Remains Top Long-Term Global Threat, WEF Warns

Climate Change Remains Top Long-Term Global Threat, WEF Warns

Climate change and environmental degradation remain the world’s greatest long-term threats, according to the WEF Global Risks Report 2026. Extreme weather, biodiversity loss, and ecosystem collapse top global risk rankings over the next decade. The report warns that delaying climate action will deepen economic, social, and geopolitical instability.