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Business and Economy
Covers economic trends, financial markets, startups, trade, inflation, employment, and policy decisions impacting Kenya and African economies.
Africa’s Priorities at World Bank Conference in Washington
- By Black Hot Fire Network Team
- . April 15, 2026
The World Bank/IMF Spring Meetings are underway, and a rapidly growing forum is gaining prominence in shaping Africa’s engagement with the global economic system. The
IMF World Bank meetings highlight developing nations
- By Black Hot Fire Network Team
- . April 14, 2026
Global financial leaders are convening in Washington, D.C. this week for the International Monetary Fund (IMF) and World Bank Group Spring Meetings. The meetings are
Kenya’s Political Funding System Faces Scrutiny
- By Black Hot Fire Network Team
- . April 13, 2026
Manyatta Member of Parliament Gitonga Mukunji has accused the highest office in the land of financing violent political mobilization, often referred to as ‘goons.’ This
World Bank Recognizes Ghana’s Fiscal Reforms in Africa
- By Black Hot Fire Network Team
- . April 12, 2026
Ghana is recognized by the World Bank as one of a few African economies expected to see significant improvements in primary fiscal balances between 2024
World Bank unit adopts portfolio approach after $100 billion reached
- By Black Hot Fire Network Team
- . April 10, 2026
The Multilateral Investment Guarantee Agency (MIGA), a part of the World Bank Group, has reached a significant milestone, exceeding $100 billion in total guarantee issuance
Kenya Implements Digital Tax SMEs Prepare for Changes
- By Black Hot Fire Network Team
- . April 9, 2026
Kenya’s economy is undergoing a significant shift as the Kenya Revenue Authority (KRA) implements its Electronic Tax Invoice Management System (eTIMS). This transition, now central
KE0000000398 Navigates Challenges in Kenya’s Banking Sector
- By Black Hot Fire Network Team
- . March 15, 2026
NCBA Group, a leading banking group in Kenya (ISIN: KE0000000398), is facing challenges related to rising non-performing loans and broader economic pressures. These factors are
Best locations for new businesses identified
- By Black Hot Fire Network Team
- . March 14, 2026
Nandi, Kisumu, and Nyamira counties present the strongest opportunities for business growth, according to the newly released Kenya Opportunity Index 2026. The index ranks counties
World Bank supports digital economy growth in Africa
- By Black Hot Fire Network Team
- . March 13, 2026
The World Bank Group’s Board of Directors has approved a regional initiative designed to stimulate job creation in Benin, Liberia, and Sierra Leone. A key
HACO Industries Wins Kenya ESG Award for Circular Economy
- By Black Hot Fire Network Team
- . March 11, 2026
HACO Industries Kenya Limited has been recognized as a Circular Economy Leader at the Kenya ESG Awards, held recently at Emara Ole Sereni. The award