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ECONOMY

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.

Radisson Blu Upper Hill Shuts Down as Pandemic Woes Persist

"We all received official notification from the management, they blamed it on the difficult economic situation during the Covid-19 pandemic," a former employee who spoke on condition of anonymity revealed.

Uhuru Set to Launch Nairobi International Finance Centre – Here’s What...

It is meant to attract greater local and foreign investment to Kenya by offering various incentives to firms looking to set up shop in the country. It is a flagship program under the economic pillar of the Kenya Vision 2030.

10 African Countries Minting Maríjuana Millions

Here, Business Today explores some of the African countries that have allowed the commercial cultivation of maríjuana.

Changing Face of Agency Banking in Uganda in the Wake of...

Considering the massive investment required to set up agency banking structures, Ugandan banks agreed to set up a shared agency network.

Tax-free motorbike imports roar

As of July, according to official data, Kenya had imported 146,757 motorcycle units, up from 86,286 during the similar period last year

Ksh29B Hustlers Fund: Ruto Plots New Kitty to Woo Voters

Small scale traders and business starters such as handcart pushers grocers and Boda Boda operators in the 29 constituencies would benefit from the Deputy President's promise. In a quest to ensure every Kenyan earn a meaningful living, he stood tall for his bottom-up approach.

KDF Moves to Stop Privatization of Kenya Meat Commission

The Privatization Commission confirmed receipt of a letter from the Ministry of Defence asking for the removal of KMC from the list of parastatals approved by the Cabinet for sale. The KDF is expected to inject cash into the struggling parastatal after the Treasury allocated Ksh4 billion under a supplementary budget.

Inside the boda boda millionaire industry  

In small doses of Sh50 and Sh100, Kenyans spend Ksh600 million daily on motorcycle services

Britam Sends 138 Workers Home as Restructuring Begins

The firm, which recently appointed strategy expert Tavaziva Madzinga as CEO following the retirement of Benson Wairegi after 40 years at the firm, stated that the restructuring would be complete by May 2021. The new structure is designed to drive enhanced digital innovation in Britam's solutions and product development.

Absa, World Vision Team Up To Enhance Food Security in Kitui

The bank donated Ksh 4 million to farmers in Yatta village, through the Kitui County Government under its food security enhancement programme. The program seeks to address the effects of perennial drought on the residents of Kitui.