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Kenya exits Comesa safeguard rule as sugar reforms take shape

Kenya has formally exited the Comesa sugar safeguard regime, which the government has used for over two decades to protect the country’s sugar industry.

By 4 days ago

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Kenya's EV sector agonises over 'ideal' business model

A spat between a disgruntled customer and Spiro Kenya, an electric motorbike company, that spilled to social media, may be a foreshadowing of the challenges that lie ahead for the sector.

By 8 days ago

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How high power tariffs keep manufacturers uncompetitive

Kenyan producers are paying double the price compared to those in other countries. Kippra report cites electricity costs as a major drag on exports.

By 11 days ago

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Inside John Mbadi's Sh97b 202627 budget plan to enhance food production

Treasury says distribution of subsidised fertiliser to farmers has been a remarkable success. Maize production is said to have increased from 34 million bags in 2022 to 67 million in 2024.

By 11 days ago

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Why the built environment is slow to absorb job seekers

Amid an aggressive plan by the government to build houses, behind the curtain, job seekers in the built environment are getting a cold reception from a sector that is outwardly thriving.

By 12 days ago

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From hustlers to highways: Experts, citizens question Ruto's bold vision

Singapore dream focuses on infrastructure, top-down while prioritizing investors over citizens. Critics warn ambitious plans may ignore ordinary Kenyans’ daily challenges.

By 12 days ago

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Ndindi Nyoro: The lone voice taking on government

Kiharu MP has criticised economic strategies warning of debt and financial mismanagement risks.

By 13 days ago

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Securitisation: The financial tool powering Kenya's roads, and Its risks

Blamed for the 2008 financial crisis in the US, Kenya's new funding model raises questions about oversight and future revenues.

By 15 days ago

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Making agriculture 'cool' again: How to win the youth back into big farming

The other reason for this strategy is that traditional extension services, characterised by face-to-face interactions, are not bearing fruit. 

By 15 days ago

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Why gaming platforms more vulnerable to scams

There was a 49 per cent increase in suspected digital fraud attempts in half one (H1) 2025 compared to H1 2024.

By 15 days ago

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Renewed push for Africa to have a say in global financial architecture

Plans are also advanced for Accra Reset presidents to commission a high-level panel on reforming the global health architecture and its governance.

By 16 days ago

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Inside State's plan to offload large projects to private sector

The move is in line with President William Ruto’s direction to go the public-private partnership way for commercially viable projects.

By 17 days ago

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Infrastructure fund will be well managed: Mbadi

Treasury CS has defended the Cabinet’s proposal to form a limited liability company to hold the Infrastructure Fund, denying claims that public money would be directed to a private entity.

By 20 days ago

Insurers keen to adopt AI, IoT in service delivery

Insurance firms are warming up to adoption of Artificial Intelligence (AI) in delivery of service as the technology becomes critical in their business.

By 21 days ago

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Thin margins block Saccos from accessing State's mortgage billions

Razor-thin margins on the Kenya Mortgage Refinance Company backed loans have made Saccos uninterested in extending credit to their members.

By 21 days ago

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Why Ruto's infrastructure Fund is in the spot

For a struggling country, many argue such a Fund is like mortgaging the nation’s assets. They say the Fund should be supported through surplus income and not crowdsourcing.

By 22 days ago

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How private sector is missing out on Kenya's preferential trade deals

Kenya is struggling to fully harness the huge benefits of the preferential trade agreements it has signed with various markets.

By 22 days ago

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Ndindi Nyoro: Ruto's Sh5trn infrastructure fund is 2027 ploy

Nyoro says such financial instruments are drowning the country into more debt considering they are off the budget book.

By 23 days ago

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Kenya inks Sh40 billion deal to transmit renewable power

The high-voltage lines will transmit wind and geothermal power and are likely to lower electricity costs.

By 24 days ago

Kenya's untapped export potential hits Sh670b mark

A report by KAM cites several setbacks among them cost of power, poor trade logistics infrastructure and policy gaps.

By 25 days ago

Helb CEO Geoffrey Monari feted for financial governance

The award from the Office of the President and Head of Public Service was in relation to the Auditor General’s opinion for the 2023-24 financial year.

By 27 days ago

Experts urge domestic solutions to Africa's funding challenges

The intention is to fuel long-term economic growth in the continent.

By 29 days ago

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Why Kenya's Sh2.5 trillion pension funds hold key to increased home ownership

By June this year, assets under management in the pension industry as regulated by the Retirement Benefits Authority (RBA) stood at Sh2.5 trillion.

By 28 days ago

Local pharmaceutical firms set for contracts boost in State plan

The government announced a new strategy designed to spur domestic pharmaceutical production, aiming to drastically reduce the country’s heavy reliance on imported medicines and medical supplies.

By 29 days ago

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Advent of AI and fear of firms losing human touch

The lack of emotional connection is becoming as apparent as the need to adopt new technologies in businesses.

By 29 days ago

Mrima Hill rare earth project attracts new US-backed consortium

A US-backed consortium has proposed a value chain approach in the extraction and development of rare-earth minerals at Kwale County’s Mrima Hills.

By 30 days ago

Kenya aims for five million visitors in new ambitious tourism push

The government has emphasised the tourism sector’s potential in job creation, with Tourism and Wildlife CS Rebecca Miano, noting the workforce extends beyond the three million documented.

By 1 month ago

Mbadi: Cash raised from Safaricom shares sale to fund infrastructure

The government’s planned sale of a 15 per cent stake of its shareholding in Safaricom to Vodafone Kenya for Sh244.5 billion will help to raise money for critical infrastructure projects.

By 1 month ago

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Developers push for local assembly of escalators, elevators

The race to the skies by developers has now seen engineers lobby for local assembly of escalators and elevators.

By 1 month ago

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Report: Most Kenyans worried about own economic future

Kenyans are pessimistic about their own economic well-being, a new report shows, a situation that mirrors their views of the country’s economy.

By 1 month ago

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Saccos' Sh40b at risk as regulator warns of foreign aid dependence

Close to Sh40 billion worth of members’ deposits held in Saccos affiliated to implementing agents of foreign aid are at risk following geopolitical shifts in external funding.

By 1 month ago

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Boardroom misunderstanding: Why billions spent on cybersecurity have yet to pay off

The Africa Cybersecurity Report 2024/2025 shows that most companies still operate cybersecurity as a sub-department under IT (information technology) rather than a key pillar of the business.

By 1 month ago

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New firm shows interest in Mrima Hills' Sh8.1 trillion mineral deposits

The Sh8.1 trillion (USD 62.1 billion) rare earth deposits at Mrima Hills, Kwale County, have once again attracted the interest of another investor seeking a slice of the project.

By 1 month ago

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"We weren't told": Why most Kenyans don't join budget talks

A majority of Kenyans, six in 10, have never participated in the budget making process in their respective counties or at the national level.

By 1 month ago

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Pension industry seeks to flex its muscle in large State projects

Sector forms consortium to lead investment in capital-intensive ventures. Most of the funds have traditionally been invested in government securities.

By 1 month ago

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125 Kenyans wealthier than 43 million people

Kenya’s tax regime has been criticised in a latest report as regressive, as it disproportionately targets poor individuals contributing to higher levels of inequality in the country.

By 1 month ago

DIB unveils its new identity

Dubai Islamic Bank has launched its new brand identity in Kenya.

By 1 month ago

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Kenya revives oil export dream with approval of Lokichar plans

Government says production could begin by end of 2026 if Parliament ratifies plan.

By 1 month ago

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Housing project: Why number of workers do not add up

In last year’s state of the nation address, President Ruto announced that by then, November 2024, the AHP had offered 164,000 jobs.

By 1 month ago

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Small houses, less income: Where State's affordable houses miss target

The availability of small units in the market, which are unfit for family-oriented individuals and low-income Kenyans, is a major mismatch that ails the affordable housing initiative.

By 1 month ago