Afreximbank Posts US$ 973.5M Profit in 2024, Expands Footprint
The African Export-Import Bank (Afreximbank) has posted a net profit of $973.5 million for the financial year ended 31st December 2024, marking a 29% rise from the previous year. Metric [...]
Trump Pauses Tariffs at 10% for 90 Days, Escalates Spat with China
US President Donald Trump announced a 90-day suspension of his seismic tariffs on Wednesday, offering temporary relief to trading partners while escalating pressure on China with a steep tariff hike. [...]
Trade CS, KEBS Summoned Over KSh 420mn Loss in Contaminated Rice Scandal
The Kenya Bureau of Standards (KEBS) is on the spotlight over a Sh420 million loss at the agency through forgery and falsification of documents. “The issue of importing contaminated rice is [...]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 [...]
PwC, Govt See Silver Lining in Trump’s Tariff War
Last week's developments in US tariff policies by President Donald Trump signify a drastic shift in the global trade landscape, with several stakeholders in Kenya seeing opportunities to boost competitiveness [...]US President Trump Slaps 10% Tariff on Kenyan Goods
Kenya is among the countries across the world hit by US President Donald Trump’s reciprocal tariffs in what his administration says is a move to correct the country's trade imbalance, [...]US Firms Cite ‘Buy Kenya Build Kenya’, Bribery, as Trade Barriers
US companies have highlighted their limited success bidding on government tenders, citing corruption and initiatives such as the ‘Buy Kenya Build Kenya’ as reasons, according to the 2025 National Trade [...]Pakistan, Netherlands, Uganda Top Export Destinations in January
In January 2025, Uganda, Pakistan, and the Netherlands were Kenya's leading export destinations, with export values of KSh 9.8 billion, KSh 6.7 billion, and KSh 5.9 billion, respectively. Non-food industrial [...]KRA Decongests Malaba, Busia Border Posts with 3 New Facilities
The Kenya Revenue Authority (KRA) has established trade facilitation centers in Kainuk, Lodwar, and Kakuma to spur activities along the Northern Corridor, a critical trade route linking Kenya with South Sudan, Ethiopia, and Uganda. “The [...]Sudan Blocks All Imports from Kenya in Escalating Diplomatic Spat
Sudan's Ministry of Trade and Supply has suspended all imports from Kenya, escalating tensions between the two nations over Nairobi’s engagement with the paramilitary Rapid Support Forces (RSF). “The import [...]US to Match Foreign Tariffs in ‘Fair Trade’ Overhaul
Last week, US President Donald Trump signed a memo directing his economic staff to develop reciprocal tariffs on the country’s trading partners to protect American businesses and boost manufacturing. “On [...]COMESA Ruling Faults Mauritius' 10% Import Duty on Edible Oils
The COMESA Court of Justice has faulted a 2018 decision by the government of Mauritius that imposed a 10% customs duty on imported edible oils without informing other member states, [...]
