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
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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
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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
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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
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The energy and petroleum regulatory authority [Epra] has announced they will be increasing electricity prices by 15.7 percent. The move is a result of an agreement between the new administration and the international monetary fund [IMF] to end the Electricity
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William Ruto is expected to be sworn in as the fifth president of Kenya today. The celebrations will not take long though as the county’s economy faces huge challenges. Maize Flour Cost President William Ruto’s immediate challenge will be to
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Equity bank and spire bank have agreed on a complete takeover, this move is expected to save the teachers-owned bank out of negative growth. Equity bank becomes the latest bank to acquire a struggling lender as they search to expand
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The central bank of Kenya last week issued a directive to banking institutions in Kenya to shut down all accounts belonging to payment technology Flutterwave and Chipper Cash. This directive will also include freezing the cash from these payment technologies.
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There has been a realization by the financial authorities in Kenya the lucrative jackpot prize money can be a potential for money laundering activities. A report launched by Fred Matiangi, the interior cabinet secretary, draws suspicion on the origins of
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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
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