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.

845 Articles
The Central Bank of Kenya in March licensed 10 additional digital credit providers, bringing to 32 the total number of digital lenders licensed to operate in the country.
BUSINESSECONOMY

Google Bars Loan Apps Accessing Contacts, Photos

The company's updated personal loans policy states that apps aiming to provide or facilitate personal loans may not access user contacts or photos. 

The National Treasury is yet to disburse funds to counties, or pay salaries for civil servants with the exception of teachers and members of the disciplined forces. [Photo/ KNA]
BUSINESSECONOMY

Civil Servants’ Pain as Broke GoK Delays Salaries

"For the first time since independence in 1963, the government of Kenya is unable to pay salaries to civil servants and members of...

Safaricom CEO Peter Ndegwa pictured in a meeting with Uasin Gishu CEO Jonathan Bii on January 24, 2023. [Photo/ RAG]
BUSINESSECONOMY

My County App: Counties, Safaricom Team Up to Digitize Services

The company has notably been ramping up its engagement with county governments in recent months. This year, Safaricom CEO Peter Ndegwa has on...

Weru will be in charge of Nairobi County's events and branding, including the Nairobi Festival. [Photo/ Pool]
BUSINESSCAREERSECONOMY

Shaffie Weru Lands New Job in Sakaja’s Administration

Weru was infamously let go by Radio Africa Group in 2020, after a storm that saw him accused of misogyny over comments he...

Joseph Kinyua served in four successive administrations. [Photo/ RMS]
BUSINESSCAREERSECONOMYLEADERSHIP

Joseph Kinyua: Meet ‘Incorruptible’ Civil Servant Turned KCB Chairman

Joseph Kinyua, the long-serving senior civil servant who only left public service in October last year, after four decades, has been confirmed as...

In a forensic audit report ordered by the CBK, the regulator had highlighted fraudulent loans issued by Imperial Bank and the misrepresentation of its financial statements.
BUSINESSECONOMY

8 Years Later, Imperial Bank Depositors Get Their Money Back

As of 2021, around 4,300 depositors, or eight percent of Imperial Bank depositors, were yet to get their money back in full. 45,700...

BUSINESSECONOMYTECHNOLOGY

4 New Goodies for Startups, Investors – Ruto Unveils

Speaking at the American Chamber of Commerce Regional Business Summit hosted in Nairobi on Thursday, March 30, the President reiterated the need to...

Microsoft opened the ADC facility in Nairobi in March 2022. [Photo/ Microsoft]
BUSINESSECONOMYTECHNOLOGY

Layoffs Hit Kenya’s Tech Sector

Over the past two weeks, a number of individuals at the Microsoft African Development Centre (ADC) in Nairobi have been notified of the...

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