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
The award was in recognition of the Ministry as a top Public Sector Agency in 2020, having demonstrated the highest levels of tax compliance.
ECONOMY

Matiangi’s Interior Ministry Recognized Among Top Taxpayers

The CS called upon all government agencies to work as a unit for efficient service delivery to Kenyans. He urged Kenyans to support...

Among other things, digital lenders have been accused of exploitative lending, debt shaming, money laundering and illegal mining of private customer data. [Photo/ Cathryn Virginia | NBC News]
ECONOMY

Digital Loans to Flow Once Again as CBK Backs Apps’ Return to CRBs

The suspension of digital lenders from CRB reporting had seen a massive decline in the volumes of loans they issued. According to the...

ECONOMY

UN Report Outlines Systemic Change Necessary for the Plastics Economy

The experts say they know their recommendations are probably the most demanding and ambitious yet, but warn that time is running out.

Edward Njoroge, Ag. CEO KEMSA (Middle), in the company of KEMSA acting Procurement Director, Mr Edward Buluma (Left) and National Treasury IFMIS Representative, Hezron Oloo (Right), compare notes on the detailed documentation of the new additions on potential tendering to their suppliers, during a pre-bid conference at College of Insurance, Nairobi.
BUSINESSECONOMY

KEMSA to Exorcise Ghosts of Covid-19 Graft With New Procurement Measures

Having undertaken extensive integrity adjustments at KEMSA, prospective suppliers to the Authority, including local manufacturers and disadvantaged groups (AGPO), will also be required...

KRA's Times Tower Headquarters.
ECONOMY

6,600 New Hires to be Made at KRA as Taxman Eyes Ksh6.83 Trillion

The KRA has identified segments with high potential for growing revenues, including online businesses, informal small-scale trade, real estate (landlords) and HNWIs.

wildebeest migration Kenya 2021
ECONOMY

Kenya’s Tourism, Battered By Covid-19, Is Getting Back Its Groove

Kenya’s tourism industry, as it were, contributes 10% of economic output and employs over two million people, a large percentage of whom lost...

From left - Cameroon’s Minister of Housing and Urban Development Hon. Célestine Ketcha Courtès (centre) raises Shelter Afrique flag as she assumes the chairmanship of Shelter Annual General Meeting (AGM) Bureau at the Company’s 40 AGM held in Yaoundé, Cameroon, flanked by Shelter Afrique Chief Executive Officer Andrew Chimphondah (left) Kenya’s Transport, Infrastructure and Housing Cabinet Secretary James Macharia - who is the immediate former Chairman of Shelter Afrique AGM.
ECONOMY

Mass Housing: Kenya Signs Yaoundé Declaration

Kenya is among the 25 countries that signed a joint declaration seeking to enhance mechanisms for the mass production of decent and affordable...

A woman cooking outside. The VAT exemption is also expected to help companies boost their sales and production of clean cooking products. [Photo/ Clean Cooking Alliance]
ECONOMY

Lobby Welcomes Reinstatement of VAT Exemption on Clean Cooking Fuels

As outlined in a recent policy brief, increased access to clean cooking has tremendous positive benefits for Kenyan households and society, including reductions in...

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