Business and Economy

Covers economic trends, financial markets, startups, trade, inflation, employment, and policy decisions impacting Kenya and African economies.

World Bank Recognizes Ghana’s Fiscal Reforms in Africa

Ghana is recognized by the World Bank as one of a few African economies expected to see significant improvements in…

6 hours ago

World Bank unit adopts portfolio approach after $100 billion reached

The Multilateral Investment Guarantee Agency (MIGA), a part of the World Bank Group, has reached a significant milestone, exceeding $100…

2 days ago

Kenya Implements Digital Tax SMEs Prepare for Changes

Kenya’s economy is undergoing a significant shift as the Kenya Revenue Authority (KRA) implements its Electronic Tax Invoice Management System…

3 days ago

KE0000000398 Navigates Challenges in Kenya’s Banking Sector

NCBA Group, a leading banking group in Kenya (ISIN: KE0000000398), is facing challenges related to rising non-performing loans and broader…

4 weeks ago

Best locations for new businesses identified

Nandi, Kisumu, and Nyamira counties present the strongest opportunities for business growth, according to the newly released Kenya Opportunity Index…

4 weeks ago

World Bank supports digital economy growth in Africa

The World Bank Group’s Board of Directors has approved a regional initiative designed to stimulate job creation in Benin, Liberia,…

4 weeks ago

HACO Industries Wins Kenya ESG Award for Circular Economy

HACO Industries Kenya Limited has been recognized as a Circular Economy Leader at the Kenya ESG Awards, held recently at…

1 month ago

Kenya Launches Fund to Boost Infrastructure and Citizen Benefits

Kenya has established the National Infrastructure Fund (NIF) to alter the government's approach to financing large development projects like roads…

1 month ago

Kenya’s Neutrality Questioned After Ruto’s Gulf Remarks

President William Ruto addressed the recent missile strikes in the Gulf region in a statement released on March 2. The…

1 month ago

China’s policy shift supports Kenyan manufacturers

Kenya’s manufacturing sector may see significant changes following announcements from China’s Two Sessions. Beijing has committed to becoming a leading…

1 month ago