Somalia Confronts Non-Tariff Barriers as it Settles in EAC Bloc
Somalia, the East African Community's (EAC) 8th Partner State, has moved to unlock regional trade opportunities with the launch of a National Monitoring Committee on the Elimination of Non-Tariff Barriers (NTBs). “The launch of the National Monitoring [...]
Kenya, Ethiopia Sign Pact to Boost Trade, Collaborate on AfCFTA
Kenya and Ethiopia have signed a landmark agreement to ease cross-border trade, setting a $1,000 threshold for goods moving through the Moyale border under the African Continental Free Trade Area [...]Kenya’s Cyber Threats Spike by 200% as System Attacks Dominate
Threats to Kenya’s cybersecurity landscape are becoming increasingly complex, with system attacks and brute force attempts driving a record-breaking 2.5 billion cyber threat detections between January and March this year, [...]Sicuro Group Acquires Kenyan Risk Management Firm John Andrews
Global risk management consultancy Sicuro Group has acquired Kenyan risk management firm John Andrews Risk Management (JARM), and renamed it Sicuro Group East Africa. This acquisition represents a significant milestone [...]
How DRC Bank, Delayed Compliance, Have Stalled Access Bank's Acquisition of National Bank
In recent years, Access Bank Plc, the biggest lender in Nigeria in terms of assets, has aggressively expanded across the continent. However, a regulatory maze involving its activities in the [...]
KCB to Auction Tycoon's Road Construction Firm as Pending Bills Bite
Kenya Commercial Bank (KCB) is set to auction the assets of road construction firm Nyoro Construction Company—owned by Kenyan tycoon Njoroge Njuguna—following a loan default triggered by pending bills with [...]Employment in Agriculture Picks up as Other Sectors Plateau-CEO Survey
Employment in the agriculture sector is expected to rise in the second quarter of 2025, while CEOs from other sectors do not have plans to hire in the same period, [...]Institute of Public Finance Calls out State for Funding Weak Programmes
The Institute of Public Finance (IPF) is pushing for the urgent strengthening of linkages between budget planning and execution ahead of June tabling of 2025/26 KSh 4.3 trillion budget, noting that the weak [...]Safaricom's Dispute with Fintech Over M-PESA Bill Manager Escalates
Safaricom PLC is facing renewed legal pressure after the High Court declined to strike out a cross-appeal filed by fintech firm Kibo Capital Group in an ongoing intellectual property dispute [...]Tullow Oil Exits Kenya Amid Regulatory Delays, Uncertain Investment Outlook
Tullow Oil PLC has agreed to sell its entire Kenyan portfolio to Gulf Energy Ltd for a minimum consideration of $120 million, effectively exiting a project that has faced years [...]Unrealistic Budgets Hinder KRA from Hitting Revenue Targets-EY
Big Four professional services firm Ernst Young has linked Kenya Revenue Authority’s (KRA) failure to meet tax targets to unrealistic budgets. The projected total revenue, which includes tax revenues [...]Tribunal Restores Super Metro Suspension over Safety Concerns
The Transport Licensing Appeals Board has issued a series of compliance directives to Super Metro Limited following safety violations, reinstating a suspension of its operations pending compliance. NTSA’s March 18 [...]
