Kenya Identifies 35 State Enterprises for Sale, Listing
The government has earmarked 35 state owned enterprises for outright sale or offering to the public through the Nairobi Securities Exchange. Speaking during African Securities Exchange Association (ASEA) conference in [...]
President Ruto Signs into Law Supplementary Budget
Food production could improve after President William Ruto signed into law the supplementary budget, which includes an increased budget for subsidised fertiliser. Infrastructure heavy departments such as roads, energy, and [...]
Kenya Outperforms Other Major SSA Economies on Fiscal Reforms
The fear of social unrest and political pressures are likely to shape whether or not some fiscal reforms, especially the aggressive vigilance and new measures to raise revenues, remain unchanged in 2024.Why SACCO Lobby's Central Finance Fund is Under Probe
Kenya Union of Savings and Credit Co-operatives (KUSCCO) Limited top officials and directors have been under investigation by the Sacco Societies Regulatory Authority (SASRA) on suspicion of running some Sacco [...]
Analysis: Kenya's Supplementary Budget Signals Radical Transition
Investors, entrepreneurs and households need to start aligning themselves to this transition while embracing themselves for the short-term negative effects.Ruto Hands Private Sector Lifeline on Pending Bills
President William Ruto has inaugurated a pending bills committee to verify bills owed to suppliers by counties, national government and state agencies amounting to Sh640 billion for payments. The committee [...]CBK Cautions Against Unlicensed Money, Value Transfer Services
The Central Bank of Kenya has warned against dealing with entities and persons providing money or value transfer services without a license or authorization from CBK. This follows reports that [...]New Applicants to get Maisha Card as Piloting of Digital ID Begins
The National Registration Bureau receives around 10,000 applications for first time IDs across the country every day. A further 5,000 requests for duplicate cards are lodged in its offices and in Huduma Centres daily.Rising Population of Older Persons and Youth Concerns Kenya
The youth population grew from 3,201,192 in 1989 to 13,177,600 in 2019, and is expected to increase to 18,966,737 by 2035.Kenya, Japan Initiate Dialogue to Boost Trade
Kenya’s principal export product to Japan in 2021 was Titanium ores and concentrates, accounting for 29.6 per cent of Kenya’s exports to the country.Israel-Palestine Conflict: Implications for Kenya
While peace is the ultimate goal, economies and businesses might have to cede short term goals, accounting for all possible risks, in the short term.Kenya Waives Visa Requirements for Angolans, Kicks off Direct Flights Talk
Kenya has waived visa requirements for all nationals of Angola with immediate effect. The decision announced on Saturday is prompted by need to ensure the improvement of people-to-people interaction as [...]
