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President William Ruto at a past event
BUSINESS

Kenya to Stop Selling Raw Farm Produce as Ruto Bets on Value Addition

President William Ruto has urged Kenya to stop exporting raw agricultural produce and instead prioritise value addition to fully harness the sector’s potential....

NCBA Bancassurance Intermediary Limited Managing Director, Samuel Odhiambo
BUSINESS

NCBA Rallies Businesses to Tackle Cybercrime and Climate Shocks Head-On

NCBA Bank has urged Kenyan businesses to urgently step up their defences against a rising wave of risks, warning that cybercrime and climate...

Tailor sewing a white textile. PHOTO/Pexels
BUSINESS

US Signals Lifeline for Kenya’s Textile Industry as It Mulls One-Year AGOA Extension

Kenya’s textile and apparel industry is breathing a sigh of relief as the United States signals it may extend the African Growth and...

The word inflation is spelled out in scrabble letters. PHOTO/Pexels
BUSINESS

Inflation Rises to 4.6% in September as Kenya’s Economy Expands by 5% in Q2

Kenyans are still grappling with the high cost of living despite slight drops in the prices of basic food items like maize flour...

EPRA Chief Executive Engineer Edward Kinyua speaking at the Africa Energy Week in Cape Town, South Africa.
NEWS

EPRA: Kenya Among Africa’s Highest LPG Consumers

Kenya has been ranked among Africa’s leading consumers of liquefied petroleum gas (LPG), underscoring the country’s rapid shift towards cleaner and healthier cooking...

National treasury CS John Mbadi and Belgium’s Ambassador to Kenya Peter Maddens
BUSINESS

Kenya and Belgium Seal Double Taxation Deal to Spur Trade and Investment

Kenya and Belgium have signed an Agreement for the Avoidance of Double Taxation (DTA), a move expected to deepen trade and investment ties...

A farmer picking tea
BUSINESS

KTDA Blames Currency Shift and Global Slump for Farmer Tea Bonuses

Kenya’s smallholder tea farmers have been hit by lower second payments this year, with the Kenya Tea Development Agency (KTDA) saying the drop...

Outside Central Bank of Kenya (CBK) headquarters in Nairobi.
BUSINESS

Investors Pull Back from Treasury Bills amid Record-Low Returns

Kenya’s short-term government securities have lost their shine, with last week’s Treasury bills auction attracting the weakest demand in three years as yields...