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.

1018 Articles
A poultry farmer. Kenya has had a ban on entry of Uganda poultry products since February 2021. [Photo/ Courtesy]
ECONOMY

Kenya Lets in Ugandan Eggs, Chicken to Avert Trade Wár

The ban was introduced ostensibly to protect Kenyan farmers feeling the shocks of the Covid-19 pandemic. After a December 2021 cabinet meeting, however,...

FSDAi’s funding, the first external equity investment in IMFact, comes at a critical time, with Covid-19 having placed undue pressure on MSMEs in many sectors, most notably in the healthcare sector.
BUSINESSECONOMY

FSD Africa Injects Ksh450 Million Into Kenya’s First Factoring Fintech

FSD Africa Investments (FSDAi), the investing arm of FSD Africa, has announced a £3 million (Ksh449 million) investment into IMFact, an expanding fintech...

The Mombasa Shipyard in Mtongwe. It is owned by Kenya Shipyards Limited (KSL), a company operated by the Kenya Defence Forces (KDF). [Photo/ Courtesy]
ECONOMY

Uhuru Commissions Mtongwe Facility to Build, Repair Ships

The shipyard includes a 4000-tonne slipway for shipbuilding activities including refitting of vessels operated by Kenya Navy, Govt agencies and private operators. KDF...

KRA collected Ksh631.03 billion between July and October 2021 against a target of Sh603.94 billion - a performance rate of 104.5 per cent.
BUSINESSECONOMY

Taxman Rebrands: Why KRA is Changing its Name

Looking to shed off its association with harassment of business-owners and perceived over-taxation, the Francis Muthaura-led KRA board is keen on implementing the...

WorldRemit currently sends from 50 countries to recipients in 130 countries, including Kenya.
BUSINESSECONOMY

Digital Solutions Tipped To Unlock The Full Value Of Diaspora Remittances

The fusion of finance and digital technology has powered one of the most exciting and rapid phases of development in Kenya and the...

REREC strategic Plan
ECONOMY

REREC Rolls Out Massive Rural Electrification Under 5-Year Strategic Plan

This plan comes at a time when the energy sector in Kenya has undergone restructuring under the Energy Act (2019) that gives REREC a...

How Kenya Can Become a Green Economy
ECONOMYOPINION

How Kenya Can Become a Green Economy

At the seventh annual devolution conference running on the multi-level theme of governance for climate action public and private sector players were all...

The report indicates that overall inflation declined to 6.5 percent in October 2021 from 6.9 percent in September, mainly due to lower fuel prices.
ECONOMY

Food Prices Remain High Despite Economic Recovery Measures By Gov’t

Food inflation remained elevated at 10.6 percent in October, mainly due to the impact of depressed rainfall on some food items. This is...

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