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Economy

How used clothes became part of Africa's creative economy, fashion sense

A circular economy links production and consumption to minimise waste through reusing, repairing, refurbishing, recycling as well as sharing and leasing.

By The Conversation 4 days ago

How used clothes became part of Africa's creative economy, fashion sense

Economy on a standstill as country headed for elections

Economy on a standstill as country headed for elections

By Dominic Omondi 6 days ago

Sh140 million fish landing and cold storage completed

Sh140 million fish landing and cold storage completed

By Olivia Odhiambo 7 days ago

President Uhuru Kenyatta to visit Kisumu next week, launch projects

President Uhuru Kenyatta to visit Kisumu next week, launch projects

By Harold Odhiambo 10 days ago

Covid-19: Tough economic times

Covid-19: Tough economic times

By Gado 13 days ago

Covid-19: Tough economic times

The economics, politics and reality of subsidies in Kenya

If the suppliers are getting a subsidy higher than what they would get in the open market, and are paid, they will keep producing or distributing.

By XN Iraki 13 days ago

The economics, politics and reality of subsidies in Kenya

Why no country is immune to what has befallen Sri Lanka

Iraki hopes the winners of the August 9 polls will go beyond promises and implement their manifestos, and citizens will feel growth as we did during the Kibaki era.

By XN Iraki 20 days ago

Why no country is immune to what has befallen Sri Lanka

Can Kenya go the Sri Lankan way?

Kenya and Sri Lanka face high debt levels and a fraction of public debt to GDP is over 65 percent. Analysts warn the economic turmoil in Sri Lanka could easily be replicated in Kenya.

By Dominic Omondi 21 days ago

Can Kenya go the Sri Lankan way?

NSE tipped for further decline as inflation, rates hike batter economy

Monetary Policy Committee (MPC), which meets on July 27, is expected to raise the Central Bank Rate by between 50 and 100 basis points (0.5 to one per cent).

By Peter Theuri 26 days ago

NSE tipped for further decline as inflation, rates hike batter economy

As schools open, spare parents pain of sending learners home over fees

This week, many students will be back in schools after a break of slightly more than a week. If parents were honest, many would confess they are no longer looking to schools reopening.

By Editorial 28 days ago

As schools open, spare parents pain of sending learners home over fees

Why bigger brands are under threat from high cost of living

High cost of living has pushed shoppers to smaller quantities and cheaper alternatives. Surveys indicate they no longer follow brand loyalty, made lifestyle changes to cope.

By Graham Kajilwa 29 days ago

Why bigger brands are under threat from high cost of living

State bets on informal economy in job creation drive

According to NITA, lack of standardisation in the informal sector locks out millions of young people with similar or higher competencies compared to their counterparts in the formal sector.

By Frankline Sunday 1 month ago

State bets on informal economy in job creation drive

Why can't Africans learn from Japan, S. Korea and China?

Why has Africa not followed the Chinese, Korean or Japanese way to transform itself? Is the continent not free to chart its own path with age-old institutions like the African Union?

By XN Iraki 1 month ago

Why can't Africans learn from Japan, S. Korea and China?

Kenyan exports rise by Sh100b amid bumpy economic recovery

Export earnings rose from Sh171 billion in the same quarter of 2021 to Sh183 billion as a result of the significant increase in exports of tea, coffee, iron, steel and animal and vegetable oils.

By Frankline Sunday 1 month ago

Kenyan exports rise by Sh100b amid bumpy economic recovery

Burdened bank customers add Sh56b loan defaults in 4 months

CBK data shows that non-performing loans hit Sh482.6 billion in April. Increase came even as lenders started warming up to the private sector.

By Patrick Alushula 1 month ago

Burdened bank customers add Sh56b loan defaults in 4 months

Rigathi Gachagua: Kenya Kwanza will end 'State capture'

Gachagua promises Kenya Kwanza will implement Uhuru's Big4 agenda. Gachagua reveals plans to review taxation regime and ensure guaranteed minimum returns for farmers

By Jacob Ng’etich 1 month ago

Rigathi Gachagua: Kenya Kwanza will end 'State capture'

Four economic measures the next government should take

The Kenyan Shilling appears to be on the ropes.

By Isaac Kalua Green 1 month ago

Four economic measures the next government should take

No, 100 days won't be enough to sort out our economy

The front runners: Azimio’s Raila Odinga and UDA’s William Ruto are promising miracles in their first 100 days.

By Mike Nyagwoka 1 month ago

No, 100 days won't be enough to sort out our economy

Over 1,000 learners secure training as tech developers

The programme aims to train a million people and empower them with technology and employability skills.

By James Wanzala 1 month ago

Over 1,000 learners secure training as tech developers

State agencies push for 'Ministry of Blue Economy'

Kenya has identified several key sectors under the Blue Economy that, once utilised, could turn around the fortunes of the coastal residents.

By Philip Mwakio 2 months ago

State agencies push for 'Ministry of Blue Economy'

Leadership sets the tempo of economic growth

Great leadership often hinges on firm resolution and commitment to values.

By Isaac Kalua Green 2 months ago

Leadership sets the tempo of economic growth

How the handout economy is fueling Kenya's inflation

My biggest economic worry is that giving free money with no commensurate productivity leads to inflation.

By XN Iraki 2 months ago

How the handout economy is fueling Kenya's inflation

Vote wisely to root out graft, distribute our wealth equally

If you add up lost trillions from previous years, you will have enough money to build an expressway from Busia to Mombasa.

By Isaac Kalua Green 2 months ago

Vote wisely to root out graft, distribute our wealth equally

Next government must emulate Germany, US economic recovery models

The next government without a doubt will take the reins in the middle of the worst economic crisis ever. Our economy is losing thousands of jobs as the cost of living escalates.

By Wilson Sossion 2 months ago

Next government must emulate Germany, US economic recovery models

Perils of wash-wash, State capture and graft confirm Wanjiku's fears

This thief narrative cannot be a mere imagination and should not be taken casually. Kenya has and is still suffering under wash-washers.

By Edward Buri 2 months ago

Perils of wash-wash, State capture and graft confirm Wanjiku's fears

We can manage scrap metal trade better and avert sabotage

It has been verified by Kenya Power that criminals often vandalise the power infrastructure so that they can earn illegally by selling scrap metal or connecting electricity illegally.

By Isaac Kalua 2 months ago

We can manage scrap metal trade better and avert sabotage

6pc growth for construction sector 'a result of big projects'

The construction sector grew by 6.6 per cent in 2021 as the roads sub-sector received “a significant boost” from Public-Private Partnerships (PPPs).

By Peter Theuri 3 months ago

6pc growth for construction sector 'a result of big projects'

Norway to help Kenya exploit the Blue Economy

Kenya is in talks with Norwegian oceanographers to help the country exploit the blue economy potential, Kenya Marine Fisheries Research Institute (KMFRI) says.

By Philip Mwakio 3 months ago

Norway to help Kenya exploit the Blue Economy

Mwai Kibaki - Kenya's towering economist without a 'school'

Former President Mwai Kibaki is in a league of very few leaders in history that have taken their countries to greater heights of economic growth.

By Mwangi Ngamate 3 months ago

Mwai Kibaki - Kenya's towering economist without a 'school'

The forgotten ports impeding Nyanza's blue economy

In the 1950s to early 1990s, Kendu Bay port was the centre of Nyanza's maritime economy.

By Harold Odhiambo 3 months ago

The forgotten ports impeding Nyanza's blue economy

Russia's GDP decline could hit 124 pc this year, economy ministry document shows

Russia expects the economy to contract by 8.8% in 2022 in its base case scenario, or by 12.4% under a more conservative scenario.

By Reuters 3 months ago

Russia's GDP decline could hit 124 pc this year, economy ministry document shows

Kenya's economy in numbers during Mwai Kibaki's reign

Kenya’s third President Mwai Kibaki, now late, was hailed as a well-educated economist who governed Kenya with the aim of stabilising the economy.

By Amos Mabinda 3 months ago

Kenya's economy in numbers during Mwai Kibaki's reign

African Development Bank sets up Sh498m fund to improve recycling

The African Development Bank has joined forces with the Finnish government to set up the continent’s first circular economy trust fund.

By Moses Omusolo 3 months ago

African Development Bank sets up Sh498m fund to improve recycling

Economy expanded by Sh662b last year, says National Treasury

Kenyans are estimated to have created an additional Sh662.3 billion worth of goods and services last year.

By Dominic Omondi 3 months ago

Economy expanded by Sh662b last year, says National Treasury

Banks can accelerate transition to low carbon green economy

If not acted upon, the climate change war may cost Kenya up to Sh7 trillion in the next decade, according to the Ministry of Environment.

By Jane Waiyaki 3 months ago

Banks can accelerate transition to low carbon green economy

How businesses can use gig economy to drive job growth

Globally, workers are using IT to pursue alternative economic opportunities in the Gig Economy, specifically online work.

By Ehud Gachugu 3 months ago

How businesses can use gig economy to drive job growth

Leaders should find ways to reduce poverty, raise incomes

The proportion of Kenyan families exposed to "multi-dimensional poverty" has grown.

By Mbugua Ng'ang'a 3 months ago

Leaders should find ways to reduce poverty, raise incomes

Government should start initiatives that help and give people hope

The role of true leadership is to inspire genuine hope with realistic plans for a better tomorrow.

By Suleiman Shahbal 3 months ago

Government should start initiatives that help and give people hope

New law to protect aquatic resources in Taita Taveta

Lake Jipe has approximately 600 tons of fish that can be harvested and sold to transform the lives of residents.

By Renson Mnyamwezi 4 months ago

New law to protect aquatic resources in Taita Taveta

We need to have an honest conversation on the state of the economy

Prices of basic commodities have spiked, pushing up the cost of living beyond the reach of millions of ordinary Kenyans.

By Godfrey Ombogo 4 months ago

We need to have an honest conversation on the state of the economy

Attacking journalists and media houses won’t grow the economy

Kenyan journalists have been victims of assault from different political camps who think they are not getting enough coverage.

By Clay Muganda 4 months ago

Attacking journalists and media houses won’t grow the economy

How 'forced economy' is a money minter for insiders

While we sympathise with mask sellers, the hard reality is that laws and regulations are an integral part of the economy, with losers and gainers.

By XN Iraki 4 months ago

How 'forced economy' is a money minter for insiders

How banks wield power to grow green economy

A greener spectacle in the private finance sector will complement what the global green climate fund is doing in climate adaptation and mitigation.

By Lynet Otieno 4 months ago

How banks wield power to grow green economy

Global central banks stay inflation-focused, predict growth

For some central banks, deep worries about prices and imported inflation have already set off policy tightening.

By Reuters 4 months ago

Global central banks stay inflation-focused, predict growth

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