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
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
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
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
Read More
Kenya has voted for its next President at a time when its citizens are looking for answers to soaring inflation, high unemployment, devastating drought and food shortages. The two frontrunners, opposition leader Raila Odinga and Deputy President William Ruto, both
Read More
In June this year news surfaced that the Kenyan government was in advanced talk with DP World, a Dubai-based company, to obtain the right to modernize and develop port infrastructure, management, and expansion of both logistics and transport. At the
Read More
Bolt an e-taxi company founded originally in Estonia has now announced it will be opening its regional hub in Nairobi Kenya. The new hub will be located on the riverside drive. This will be the first centralized African office and
Read More
There was confusion the whole of the last week at the Kenya-Tanzania border as hundreds of trucks were left stranded. This came after a sudden hike in the cost of export permits. Truck drivers who usually pay sh27000 were surprised
Read More
Since playing a central role in the military operation that ended the Rwandan genocide of 1994, Paul Kagame, the president of Rwanda, has steadily cultivated an image as a visionary leader ruling a stable, thriving island in an ocean of
Read More
Ruto Pledges Credit Reforms in Kenya
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