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Kenya is the biggest economy in East Africa and most watched in sub-Saharan Africa, being the regional business hub. BT brings you comprehensive coverage of the various economic sectors.

How to Grow Manufacturing in Kenya: PZ Cussons MD on Business,...

PZ Cussons East Africa has under its umbrella some of Kenya's most well known personal and homecare brands - staples in many homes such...

KenGen Banks Ksh440 Million from Ethiopia Drilling Deal

The operations are a key part of the organization's diversification strategy - representing a shift away from reliance on revenue from generating and selling electricity to distributors such as Kenya Power and Lighting Company (KPLC).

US Slaps Kenya With Travel Advisory Over Covid-19

"Internal flights are restricted, and road and rail transportation are limited geographically and by curfew," noted the US department of State - referencing the partial lockdown in Nairobi and surrounding counties.

Raise Ksh792B by Selling Stake in Safaricom, Parastatals – NSE Advises...

NSE noted that the State could potentially raise Ksh150 billion by reducing its stake in Safaricom to 25 per cent from the current 35 per cent. In 2008, the government raised more than Ksh50 billion after selling a 25 per cent stake, or 10 billion shares, in Safaricom.

Kenyans Reject IMF Loans in Attempt to Curb Corruption

At the close of April, the Ministry of Health had spent Ksh1.3 billion even though the approved budget was Ksh976.8 million. In similar regard, a report by Auditor General Nancy Gathungu revealed how Ksh2.3 billion was lost in procuring Covid-19 medical supplies.

Rich Foreigners to Buy Kenyan Citizenship in Plan to Spur Investment

Investors will be required to put their money in high-impact enterprises creating jobs and raising Kenya's export earnings to be eligible. The plan is seen as a way of growing Foreign Direct Investment (FDI) inflows into the country.

Kenya, UK Diplomatic Row Deepens as KQ Suspends Flights

Kenya UK diplomatic row: KQ has suspended flights to and from the UK effective 9th April until further notice, as the diplomatic tiff between...

KRA Squeezes More Taxes From Struggling Kenyans

This is an outstanding performance compared to the month of February when KRA collected Ksh127.7 billion, registering a performance rate of 105.1% to surpass its February revenue collection target. Despite the slow economic progression, KRA registered 11.2% revenue growth, collecting a surplus of Ksh6.6 billion in March 2021. This is the fourth month running that KRA posted an improved and above target performance since December 2020.

CBK Reinstates Transaction Charges on Sacco Mobile Money Wallets

CBK stated that the resumption of charges would be subject to review in line with principles announced in December 2020 of customer centricity, transparency and disclosure, fairness and equity, choice and competition and affordability.

Uhuru’s Orders Kill Easter Boom as Restaurants, Hotels Face Collapse [VIDEO]

As revealed by Big Square CEO Lawrence Mudachi who is also the Chair of the Retail Traders Association, the effects of President Uhuru's address on Friday, March 26 immediately sent ripples through the sector.