Mombasa Port Records a 6.3% Increase in Amount of Cargo Handled
The port of Mombasa increased the amount of cargo handled by 6.3% to 29.8 million tonnes in the eleven months ending May 2019 compared to the previous period, data released [...]
Kisumu SGR still in the works- Transport CS
The Transport Cabinet Secretary James Macharia has revealed that the plan to construct the Standard Gauge Railway line linking Naivasha port to Kisumu is still on course. The government official [...]
Kenya Shilling slightly weakens against USD
The Shilling has slightly declined to KSh102.11 per dollar from an average of KSh101 per dollar at the start of June. Central Bank Governor Dr. Patrick Njoroge has refuted claims [...]Kenya Gov't Signs Deal to Develop Crude Oil Refinery in Turkana
Kenya has entered into a joint partnership with the Tullow oil and Africa Oil Corporation to develop a crude oil refinery in Turkana and construct of a pipeline from Lokichar [...]New law stops Insurance Brokers from collecting premiums
The future of insurance brokers and agents is uncertain after Kenya's parliament passed a new law under the Insurance Act that states that “An intermediary shall not receive any premiums [...]Kenya and Tanzania to hold trade discussions in Mombasa in July
Kenya and Tanzania have been working to end the prolonged trade dispute between them. The two nations have been at odds over economic and logistical matters. In 2018, Tanzania introduced [...]Kenya Aviation Workers Union support nationalization of KQ
Discussions on changing the ownership of Kenya Airways from private hands back to the government have been ongoing for the past few months. Kenya Aviation Workers have declared their support [...]The on-demand economy and its implications for brands entering Kenya
By William Benthall. A Kenyan 18 year old has more in common with a Chinese 18 year old than with his own parents, claimed a recent consumer insights report. Hyperbole aside, there’s [...]Israel's Newly Opened Trade Attaché Unit in Kenya Expected to Boost Bilateral Relations
Israel has opened a trade attaché unit in Kenya within the Embassy of Israel, the unit is expected to enhance economic, social, and cultural relations between the two nations. The [...]Local Banks partner with the MasterCard Foundation to empower youth
Equity Group and KCB Group have partnered with the MasterCard Foundation to assist five million young Kenyans to access decent work opportunities over the next five years. The foundation already [...]Seedstars Announces Finalists for its Kenyan Startup Competition.
This year's finalists for the Seedstars Kenya startup competition are: Ilara Health,Julla, Lentera, Nurse-In-Hand,Pesabase,Pezesha, Shamba Records,Smatbeba LTD, WorkPayand Tanda.Come June 28th, the 10 startups will battle it out for the [...]Kenya remains East Africa's most attractive market for PE investors Study
Kenya and the East African region are among the most attractive destinations for international and regional investors. The investment environment has steadily grown in the past decade. A survey by [...]
