Treasury Bills Undersubscribed as Rates Fall
Treasury bills were undersubscribed for the first time in two weeks as rates continued downwards after progressive interest rate cuts by the Central Bank of Kenya (CBK). Demand was skewed [...]
The Future of Fintech in Africa
Many businesses in Africa depend on Fintech solutions to facilitate cross border payments in the over 42 different currencies across the continent. The Fintech industry has transformed the monetary ecosystem [...]Wheat Farmers Switch to Maize as Value of the Grain Dips
The area under cultivation of wheat in Kenya has been falling since 2019 as farmers shift to maize farming, according to data from the KNBS. “Consequently, the value of wheat [...]How to Apply for a Kenyan Passport
Applying for a Kenyan passport is a straightforward process that has been digitized through the eCitizen platform. Whether you’re applying for the first time, renewing an expired passport, or replacing [...]
Israel, Hamas Agree to Ceasefire Ahead of Trump's Inauguration
After 15 months of a devastating war between Israel and Hamas, mediation talks in Qatar have culminated in a mutual agreement by both parties to release hostages and end the [...]Kenya Targets 6bn Litres Milk Production in 2025
Kenya is targeting above 6 billion litres of milk production and an additional 108,500 metric tonnes of red meat by the end of this year. Treasury plans to make additional [...]Looming Hike in Sugar Prices as Millers Face 4% Levy in February
The Sugar Bill signed into law by President William Ruto in November last year was a Trojan horse for the 4% Sugar Development Levy that will most likely be transferred [...]Property Dealers Exceed a Year on Average Without Making Single Sale-KNBS
Investors endured an average 16 months in 2023 to dispose of residential properties, with two and three-bedroom apartments taking an even longer time-over 18 months-to sell. One and two-bedroom apartments [...]Kenya-UAE Trade Deal Could Tip Trade with China
The Kenya-UAE trade deal is slated to ramp up trade between the two countries, and could present an opportunity to dislodge China as the primary source of Kenya's imports. Kenya [...]Kenya’s Wholesale Prices Ease at Faster Pace in Q4 2024
Average wholesale prices charged by factories for their goods fell further in the 3 months to December 2024, reversing the inflation trend witnessed just over a year ago, according to [...]16 Counties Outpace National GDP Growth Rate
16 counties recorded a higher growth rate than the national average GDP growth (4.6%) between 2019 and 2023, new data from the Kenya National Bureau of Statistics (KNBS) indicates. Meru, [...]Deliberate Internet Shutdowns Cost Kenya US$75mn, 511 hours, in 2024 -Report
Government-mandated internet shutdowns cumulatively cost economies more than US$7.6 billion in 2024, with the longest shutdowns happening in Asia and Sub-Saharan Africa, according to a report by independent VPN review [...]
