Business and Economy

Kenya China trade deal aims for near-duty-free exports

Kenya has reached a preliminary agreement with China that aims to provide duty-free access for 98.2 percent of Kenyan exports…

3 months ago

African finance faces headwinds and emerging opportunities

Global banks are reducing their presence in Africa, with Standard Chartered exploring the sale of its Botswana unit. This trend,…

3 months ago

Bank CEOs Discuss Workforce Plans Amid AI Adoption

Bank executives discussed the potential impact of generative artificial intelligence during this week’s earnings reports. The conversations centered on productivity…

3 months ago

Kenya’s Economic Challenges Hurt Business Growth

Kenya's business environment faces a complex situation, characterized by both excessive and insufficient regulation, according to Pheres Kariuki, CEO of…

3 months ago

Kenya Airways Staff Trained to Spot Trafficking Victims

Kenya Airways staff have been instrumental in identifying human trafficking victims, according to the UN Migration Agency (IOM). A training…

3 months ago

World Bank Revises Upward South Africa’s 2025 Growth Forecast

South Africa’s economy is projected to experience growth, according to the World Bank’s latest “Global Economic Prospects” report. The report…

3 months ago

Kenya and China finalize trade agreement with tariff reductions

Kenya has announced a new trade agreement with China to facilitate the export of Kenyan produce, aiming to stimulate economic…

3 months ago

Lawmakers criticize Ruto’s Singapore plan, cite basic needs

Lawmakers Critique Ruto's Singapore Economic Model Embakasi East MP Babu Owino and Kiharu MP Ndindi Nyoro have expressed reservations regarding…

3 months ago

KenTrade Efficiency Boost Could Benefit Kenyan Competitiveness

Kenya’s government is emphasizing the importance of trade facilitation as a key driver of economic growth. A recent meeting between…

3 months ago

Kenya Rejects Claims of Strained Ties with China

Foreign Affairs Principal Secretary Korir Sing’Oei has refuted reports suggesting a strained trade relationship between Kenya and China. He described…

3 months ago