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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.

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.

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 Bank Posts Ksh6.5B Profit Despite the Pandemic

The management took decisive action to increase provisions in order to take the best position for future potential credit losses. This was decision was greatly impacted by the customers struggle to keep up with loan repayments due to the economic effects of Covid-19.

Young Entrepreneurs Offered Ksh1.3B as Uhuru Launches Youth Strategic Plan

The President challenged winners of the World Bank sponsored initiative to utilize the grants awarded to them to grow their businesses, create employment for fellow youth, uplift themselves and innovate solutions to challenges facing the country.

NMS to Demolish Machakos Country Bus Station for Multi-Storey Parking Lot

Located close to the Central Business District (CBD), the terminus is currently a hub for upcountry-bound matatus among other vehicles. It has, however, also earned a negative reputation for its chaos, cases of crime and poor maintenance.

Motorists Banned from CBD as Kisumu Ramps Up Non-Motorized Transport

County enforcement Officials in Kisumu on Tuesday, February 23 implemented a ban on all motorised transport in the Central Business District (CBD) under the Sh241 million non-motorised transport (NMT) project in the county. Hundreds of drivers, boda boda operators and tuk-tuks were ejected from the CBD as the county executed the city’s beautification project. 

Sensory Surveillance & Smart Devices: Why We Should Care About the...

Most of us buy smart devices for the innovation and convenience they promise without giving much thought to how these gadgets handle data security and privacy. The camera in our smart doorbell or lock can, for instance, provide data about when we are home, when our mail is delivered, and even whether we have a dog.

Analysts Question Treasury’s Overambitious Sh2.7 Trillion Budget

KRA once again tasked with the unenviable task of raising revenue from COVID-19 hit businesses

KU Land That Cost VC His Job

Prof Wainaina told staff on Tuesday morning “This is probably the last time you’ll see me addressing you as VC”.

Kenya Transitioning to a Circular Economy: KEPSA Report

Now more than ever, we must address the global challenges posed by the current linear economy, according to the report. This will reduce pressure on natural resources and will create sustainable growth and green jobs. It