How One Kenyan Woman is Brewing Hope Amid the World’s Coffee Shortage
The global coffee industry is facing challenges with prices of the commodity soaring to levels not seen since 1970s, driven by persistent supply concerns in key growing regions such as Brazil [...]
Kenya Escalates Crypto Oversight in Bid to Exit FATF Grey List
Kenya is modifying its regulatory capacity on virtual assets such as crypto by proposing tough penalties for firms that operate without a license under a new bill tabled in Parliament [...]
Kenya Targets KSh 330Bn in Savings as it Shuts Down Manual Procurement
The government is targeting savings of at least KSh 330 billion as it migrates ministries, departments, corporations and county governments from manual procurement to the e-procurement platform. “It is not [...]Kenya Seeks New IMF Loan Amid Fiscal Strain, Denies Rift with Lender
Kenya has applied for a fresh loan program from the International Monetary Fund (IMF), aiming to roll over about US$800 million left unused from its existing arrangement, according to Treasury [...]Explainer: Inside Kenya’s Public Debt Crisis where Every Citizen Owes Ksh 205,000
In Today’s episode, Maina Chege analyzes a special report on the state of Kenya’s public debt. Our research has revealed that every Kenyan would need to contribute over 205,000 shillings [...]Lawyers, Real Estate Agents Abetting Kenya's Money Laundering Networks
Kenya's efforts to curb money laundering face a tough challenge from designated non-financial businesses and professions (DNFBPs) — lawyers, real estate agents, and notaries — who operate in a regulatory [...]President Ruto Assents to Supplementary Budget
President William Ruto has assented to the Supplementary Appropriation Bill, unlocking funds for various activities in the government for the last quarter of this fiscal year. Parliament Liason Committee chaired [...]Government Projects Hit in KSh 51 billion Budget Cut
Projects under Kenya Kwanza’s Bottom-Up Economic Transformation Agenda (BETA) will take a back seat following proposals in the second supplementary estimate to cut development expenditure. “The supplementary estimate 2 have [...]Kenya Seeks New IMF Deal, Dropping Ninth Review
Kenya has requested the International Monetary Fund (IMF) to drop the ninth review of the country’s existing loan program—tagged at over KSh 460 billion—and requested a fresh arrangement instead. “The [...]CBK Likely to Lower Interest Rate to 9% by Year End Absa Research
The Central Bank of Kenya (CBK) is likely to continue cutting the benchmark rate to 9% by the end of 2025 and hold it there for the next two years, [...]Kenya Targets Tea Industry Reform With New Levy, Ban on Hawking
Agriculture Cabinet Secretary Mutahi Kagwe has announced the creation of a Common Marketing Development Fund, financed from a new levy designed to promote tea in Kenya and internationally. “Anybody buying [...]Property Owners to Pay for Asbestos Removal
The government has directed a nationwide asbestos removal initiative from all public and private facilities in a bid to mitigate the health risks associated with its exposure. The National Environment [...]
