SACCOs in Fresh Battle for Nairobi’s Central Business District
Kenyan SACCOs (Savings and Credit Co-operative Societies) in the Deposit-Taking business are in a frantic rush to break their common bond, rebrand, and open up new outlets in Nairobi, ostensibly [...]
Treasury Appoints Humphrey Wattanga New KRA Commissioner General
The National Treasury and Economic Planning Cabinet Secretary Njuguna Ndung’u has appointed Humphrey Wattanga new Commissioner General, Kenya Revenue Authority (KRA). “In exercise of the powers conferred by section 11 [...]
Kenya’s Tourism Earnings Surge 31% to Sh 152.6 billion in First-Half
Kenya received more visitors from the United States of America in the first-half of 2023, a new report by Kenya Tourism Board indicates. The US led as a source market [...]CBK Seeks KSh 21 Billion in Another Treasury Bonds Tap Sale
The Central Bank of Kenya(CBK) is seeking to raise KSh 21 billion from the market, just days after rejecting numerous bids in a similar tap sale. The state fiscal agent [...]KNTC Rolls Cooking Oil Vending Machines as Competition in Sachet Economy Heats Up
Kenya National Trading Corporation(KNTC) has launched edible oil dispensing machines, a move that is expected to trigger intense competition by local and foreign firms for a share of Kenya’s cooking [...]Sidian Group Half-Year Net Profit Drops 16.5% to KSh 209.9 Million
Sidian Group's Net Profit for the period ended 30th June 2023 declined by 16.5 percent to KSh 209.9 million. The Sidian Group balance sheet size shrunk by 0.7% to KSh [...]IGAD to Hold the 65th Horn of Africa Climate Outlook Forum in Nairobi
The Intergovernmental Authority on Development (IGAD) in partnership with the National Meteorological and Hydrological Services of Eastern Africa, the World Meteorological Organization, the European Union, and the Organization of the Africa, Caribbean, and Pacific Group [...]Kenya Extends Visa Free Entry to Holders of Indonesian Passport
Kenya has extended visa free entry to all holders of Indonesian passport as part of a wider plan to correct trade imbalance currently in favour of Indonesia. The two countries [...]Kenya’s Fintech Firms raise USD 280M in First-Half of 2023
Kenya is among the top three countries in Africa with the bigger portion of fintech funding in the first half of 2023. According to Afridigest Fintech Transactions Database, Kenya’s share [...]Kenya’s Public Debt Burden Worsens with No End in Sight
Kenya’s Public Debt Serving Cost is growing fast with experts raising fears that if the Kenya Shilling exchange rate against the US dollar continues on its current slide, by a [...]Unctad: How Africa Can Become New Global Supply Chain Force
Recent disruptions in the global supply chain has renewed call for Africa to build better policies for making the continent more competitive in the supply chain. Currently, African countries integrate [...]Kenya, South Sudan Sign Fiber Optic Cable MoU
Kenya is committed to strengthening bilateral relations with South Sudan for the mutual benefit of the citizens of the two nations. President William Ruto said the two countries are pursuing [...]
