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
Safaricom headquarters in Nairobi. NSE Chief Executive Geoffrey Odundo noted that selling part of the government's stake in Safaricom and other listed firms would reduce the need for expensive loans.
ECONOMYMARKETS

Raise Ksh792B by Selling Stake in Safaricom, Parastatals – NSE Advises Govt

NSE noted that the State could potentially raise Ksh150 billion by reducing its stake in Safaricom to 25 per cent from the current...

ECONOMYFEATURED ARTICLE

Kenyans Reject IMF Loans in Attempt to Curb Corruption

At the close of April, the Ministry of Health had spent Ksh1.3 billion even though the approved budget was Ksh976.8 million. In similar...

Bank notes of different currencies. The Kenya Investment Authority is working with the Kenya Law Reform Commission to create Kenya's first citizenship by investment framework.
ECONOMYFEATURED ARTICLE

Rich Foreigners to Buy Kenyan Citizenship in Plan to Spur Investment

Investors will be required to put their money in high-impact enterprises creating jobs and raising Kenya's export earnings to be eligible. The plan...

Kenya Airways suspends flight to UK
ECONOMY

Kenya, UK Diplomatic Row Deepens as KQ Suspends Flights

Kenya UK diplomatic row: KQ has suspended flights to and from the UK effective 9th April until further notice, as the diplomatic tiff...

KRA tax collection 2021
ECONOMY

KRA Squeezes More Taxes From Struggling Kenyans

This is an outstanding performance compared to the month of February when KRA collected Ksh127.7 billion, registering a performance rate of 105.1% to...

Central Bank Governor Patrick Njoroge. The CBK has reinstated charges on transactions effected through bank-specific Sacco mobile money wallets.
BUSINESSECONOMY

CBK Reinstates Transaction Charges on Sacco Mobile Money Wallets

CBK stated that the resumption of charges would be subject to review in line with principles announced in December 2020 of customer centricity,...

Big Square restaurant along Moi Avenue in Nairobi. The chain's CEO Lawrence Mudachi has warned of the implications of recent Covid-19 directives on the industry.
BUSINESSECONOMY

Uhuru’s Orders Kill Easter Boom as Restaurants, Hotels Face Collapse [VIDEO]

As revealed by Big Square CEO Lawrence Mudachi who is also the Chair of the Retail Traders Association, the effects of President Uhuru's...

ECONOMYMARKETS

Kenyan Farmers Bank on Data Science to Unlock Ksh3B Agriculture Insurance Businesses

“According to our estimates, Agriculture Insurance Premium globally is USD 32 billion. East Africa contributes about USD18 million, of which Kenya is about USD10 million. Governments...

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