ECONOMY

Isuzu East Africa and the Cooperative Bank have announced an asset finance scheme designed for schools and businesses that desire easier financing terms.

Formalisation of Kenya’s innovation and  entrepreneurship ecosystem has commenced with eight universities selected to train intermediary organisations among them  incubators,  accelerators, and rapid technology skills providers.

Kisumu National Polytechnic Chief Principal Catherine Kelonye says construction of the textile factory work has reached 85%, and the contractor is expected to hand over the facility by the end of this financial year.

Kenya’s economy is set for a shakeup after the government revealed plans to establish the Kakamega Gold refinery.

Kenya Revenue Authority (KRA) would has reiterated that businesspeople including those in the informal sector and small businesses are required to electronically generate and transmit invoices via the electronic Tax Invoice Management System - eTIMS.

Kenya is putting many thousands of shillings in the pockets of those at the bottom end of the pay scale than any of her counterparts, Uganda and Tanzania, in East Africa - it has the highest minimum wage.

The recent trend of the Kenyan shilling strengthening against the US dollar has drawn attention and sparked discussions among economists, policymakers and market participants.

By Dr Eng Fenwicks Musonye From the 21st to 23rd of May this year (2024), Kenya will host the International Energy Agency’s World Energy Efficiency...