30 September 22

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
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28 September 22

Kenya Exporters Worried as The British Pound Is Experiencing A Record Fall

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
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23 September 22

US Now the Top Importer of Kenyan Goods

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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19 September 22

Kenyan High Court Stops Request To Increase Monthly Contributions To NSSF

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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14 September 22

William Ruto Faces Great Economic Challenges Ahead as He Becomes Fifth Kenyan President

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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30 August 22

Kenya’s election raises questions and opportunities for crisis-hit East Africa

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
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20 July 22

Kenyan Government Abandons Lamu Port Deal with DP World

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
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15 July 22

Taxi Company Bolt Set to Open Africa Hub in Nairobi

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
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01 July 22

Tanzania Hit Traders With Nearly Double Export Fees.

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
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29 June 22

The unmasking of Paul Kagame must wake the world up to the DRC

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
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