Bankers Push for Further Rate Cuts by the Central Bank
Bankers have urged the Central Bank of Kenya (CBK) to further cut its benchmark rate at its final Monetary Policy Committee (MPC) meeting of the year on 5th December 2024. [...]
All Pre-2018 Used Cars Should Be in Kenya by December 31, KEBS Reminds Importers
Secondhand vehicles registered in 2017 or earlier have less than five weeks to be cleared at Kenyan ports or be locked out due to the eight-year rule, Kenya Bureau of [...]Zimbabwe Pledges to Increase Healthcare Budget from Domestic Sources
Harare has committed to increase financing to healthcare through different existing and future policies including a sugar tax, a health levy, and a National Health Insurance. We will have periodical [...]
Why Kenyans Must Pay More Attention to the Central Bank
Over the past two years, Kenya has witnessed a significant shift in public policy development. What was once an elite-driven process dominated by government bureaucrats is gradually evolving into a [...]Mobile Money Transactions Dip by 14.5%
The number of mobile money transactions declined by 7% in September compared to the start of the year, according to the latest data from the KNBS. The total value of [...]Lobby Group Asks Government to Tax the Rich
The National Taxpayers Association (NTA) has called upon the Treasury to design a Wealth Tax' that could net over KSh 100 billion annually, unburdening low-income earners. Implementing an annual wealth [...]Cabinet Secretaries Under Pressure to Meet Fresh Performance Targets
Cabinet Secretaries, Principal Secretaries, and other public servants signed new performance contracts at State House on Tuesday, in an event convened by President William Ruto. “I look forward to working [...]Treasury CS Mbadi Moves to Contain Pension Crisis
The National Treasury is seeking to rescue pension funds choking from non-remittance of workers contributions which stood at a staggering Kshs 36,284,729,685 by March 2023. “The object of the appointment [...]Kenya's Poverty Rate Edges to 40% KNBS
About 33.2% of urban dwellers in Kenya consumed less than KSh 8,000 per month, while 42.9% of Kenyans living in rural areas spent less than KSh 4,300 per month, comprised [...]TikTok Bans Over 360,000 Videos in Kenya as Regulation Leash Tightens
More than 60,000 accounts on TikTok were banned by the social media network for violating community guidelines, according to TikTok's Q2 2024 community guidelines enforcement report. In June 2024, TikTok [...]President Ruto Nominates CBK Insider Gerald Nyaoma as Second Deputy Governor
President William Ruto has nominated Gerald Nyaoma Arita to the vacant Deputy Governor position of Central Bank of Kenya. If approved by Parliament, Nyaoma will take up the vacant second [...]State Backtracks on Austerity as President Ruto Seeks More Economic Advisors
State House will hire more consultants just months after President William Ruto pledged austerity measures to reduce government spending. The Executive Office of the President State House invites eligible [...]
