President William Ruto’s government will scrutinize the large sums of money spent at the end of Uhuru Kenyatta’s administration. This is part of the requirement of the IMF’s ongoing 38- month budgetary support plan. According to a report by the
Read More
In recent talks between the US and Africa president William Ruto expressed readiness to sell all controlling stakes in the national carrier. This happened in a meeting that US president Joe Biden hosted. The Kenyan government is looking for a
Read More
Kenya is now ranked 31 in the latest ranking of the Africa visa openness index [AVOI]. The ranking measures the ease at which Africans can enter a particular country. The new position of Kenya is a new low, and it
Read More
It seems like President William is already acting on his campaign promise of credit reforms. The president had promised a new economic model that will favor low-income earners through affordable credit. In his popular campaign phrase ‘bottom up’ the new
Read More
The United Kingdom currency fell to a record low against the US – dollar on Monday. This downfall was triggered by a fiscal policy that saw the biggest tax cuts in 50 years which raised the cost of UK government
Read More
Kenya is set to export locally made batteries to Ghana thanks to Africa Continental Free Trade Area [AFCTA] framework. Kenya can now access markets in west and central Africa with minimal tariffs. Previously this could be extremely expensive as Ghana
Read More
Recent official data released by the CBK has revealed export of Kenyan goods to the US has increased by 47 percent to 38 billion in the first half a year was driven by increased sales of clothes. This position has
Read More
Over the recent years, we have seen big American tech companies increase investment on the continent to take advantage of growing economies with rising access to the internet and a youthful population. Kenya and other African countries like Nigeria and
Read More
This week the high court led by justices MathewsNduma, Hellena Wasiwa, and Monica Mbaru ruled against a plan by NSFF that would see the security fund increase its collection ten-fold to sh 2,068 citing the bid was unconstitutional. The NSFF
Read More
Telkom Kenya Now A State – Owned Company.
According to documents presented in the parliament, the Kenyan treasury purchased a 60 percent stake in Telkom Kenya. This purchase was done after the UK – based private equity fund, Helios Investment partners opted out. The deal was worth sh6.09
Read More