The United States will consider other means of trade with Kenya despite the pending free trade deal. Kenyan has been frustrated by the pace at which the United States has been working on the deal. The free trade deal was
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Private firms in Kenya are set to benefit from an investment of Sh81.4 billion over a period of five years from British International Investment (BII), previously known as CDC Group. The UK financial institution announced investments of $75.5 billion (Sh873
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Kenya’s repayment to China has shot to a record high of Sh73.5 billion this fiscal year after the expiry of the debt-repayment suspension period. The repayments are for debts taken to fund infrastructure projects. The Treasury published expenditure data this
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Safaricom has said it will slow the rollout of the fifth-generation network because of expensive 5G mobile phones. According to the giant telco company, a larger number of mobile phone users need to acquire 5G phones before they can set
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Kenya and Uganda have settled their fuel dispute after the former’s decision to localize 133.5 liters of petrol and 104.7 million letters of diesel that were to be transported to Uganda. This led to a fuel shortage, prompting a protest
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Kenya may have overcome one of its worst fuel shortages in years, but the challenges facing the oil and gas sector seem to have taken another turn. Over the last few months, the oil market has been hit hard, partly
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Annual sales for locally assembled vehicles are expected to increase by 70% in Kenya. This is following the government’s directive to ban the importation of used trucks and buses. In a statement released by the Kenya Bureau of Standards (KEBS),
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A few days ago, the Russian army began a large-scale invasion of Ukraine. The war has now entered its seventh day and its impacts are starting to bite. While European nations will suffer the most, the ripple effects of this
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Kenya, East Africa’s biggest economy, has seen a massive surge of infrastructure developments over the last few years. The country is currently building major roads and railways all over the country. Most of these projects are funded by Chinese-based loans.
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Kenya Airways has announced that it will begin to offer direct flights from Nairobi to Milan. A statement by KQ confirmed that the flights will start from June 8. It is not clear yet how many flights the national carrier
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