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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.

Court Orders KQ Pilots to Return to Work as Losses Mount

The Court issued the decision on Tuesday, November 7 in a bid to break the stalemate that has hit the loss-making airline hard. Justice Ann Mwaure put the pilots on the spot for disregarding a temporary injunction issued by the court stopping the strike

East Africa Economic Outlook Shows Mixed Fortunes

East Africa Economic Outlook: The East African Community (EAC) is one of the leading regional economic organizations in sub-Saharan Africa and has made great...

September hardest month for Kenyans as fuel tax bites

Inflation rises to 5.71% up from 4.04% in August

KQ to Lose Ksh2.1B Per Week as Pilots Strike

The national carrier made the disclosure in a statement issued hours after KALPA confirmed its decision to proceed with the strike from Saturday, November 5, citing their right to withdraw labour as enshrined in Article 41, Chapter 4, of the Constitution.

Raising Questions: Aisha Jumwa’s 100-Day Pay Rise Promise for Civil Servants

"Civil servants are a demoralized lot, and we don’t want to see them suffering. They are unable to cope with the high cost of living occasioned by runaway inflation. As Kenya Kwanza government, we want to revamp their morale by increasing their salaries as soon as possible," the Cabinet Secretary stated.

NBK Signs Partnership To Cover Loan Defaults By SMEs

National Bank of Kenya (NBK) has partnered with African Guarantee Fund (AGF) to offer a partial guarantee in respect of defaults arising from loans to various private and public sector SMEs.

Sarrai Group On The Spot As Mumias Sugar Workers Protest Delayed...

Mumias Sugar Company employees today protested a delay in salary payment and accused Sarrai Group of 'importing' workers from Uganda to the sugar miller....

Nationwide Blackout: Businesses Suffer as Kenya Power Fails

Businesses were among the worst hit after a power outage hit most parts of Kenya on November 2, 2022. At the time of going to press, the ongoing blackout had lasted for close to four hours. Power outages were reported across counties including Nairobi, Machakos, Makueni, Mombasa, Nakuru, Kiambu and Busia.

Civil Servants to Earn More as Housing Allowances Rise

“The new rates for the house allowances shall apply to all public officers, other than state officers at the national and county government, including state corporations from the scheduled effective date of implementation. Respective employers in the civil service should initiate Collective Bargaining Agreements (CBAs) with the relevant trade unions in the implementation of the reviewed/harmonised herein” a circular from the SRC confirmed.

5 Projects Ruto is in Nyanza to Launch

Ruto is set to commission and launch several projects in the course of the tour, in addition to attending a homecoming ceremony for ICT Cabinet Secretary Eliud Owalo.