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
ECONOMY

Kisumu Residents Get Free Health Insurance in County Govt Scheme

Through support from PharmAccess which is a Non-Governmental Organization, the county is investing Ksh67,500,000 as payment for the first phase of payment for...

IBM has collaborated with more than 65 ecosystem partners to build secure cloud services helping clients run workloads in any environment via IBM Cloud Satellite.
BUSINESSECONOMYTECHNOLOGY

IBM Cloud Satellite Makes Services Available for Any Environment

As workloads shift to the edge, IBM Cloud Satellite will help clients deliver low latency, while still enabling them to have the same...

A gate at the Lang'ata Women's Prison. Interior CS has proposed that prisons in Nairobi be moved to other towns.
CITY DIARYECONOMYREAL ESTATE

Free Up Prime Land by Moving Prisons Out of Nairobi – Matiang’i

Kamiti, for instance, sits on a 1,200 acre land parcel in Kiambu with most of it undeveloped. According to the Hass Land Index...

Team members look on as a Mobius II rolls off the ramp at the firm’s new factory in Narobi during a launch ceremony in January 2021. The firm secured court protection after KRA slapped it with a Ksh73 million tax bill.
BUSINESSECONOMYMARKETS

KRA Tax Bill Threatens to Kill Mobius Motors’ African Dream

The legal battle played out barely a month after Mobius launched its new Ksh330 million production facility in Nairobi - at  a ceremony...

BUSINESSECONOMYMARKETS

CitiBank Announces Ksh300 Million Facility for 25,000 Women-Owned Businesses

He disclosed that Citibank, alongside 4G Capital, would support 25,000 entities through their smart partnership. The capital they intend to incur would be...

A Stanbic Bank branch in Kenya.
BUSINESSECONOMYMARKETS

Stanbic Braves Covid-19 Storm to Record Ksh5.2B Profit for 2020

It defied challenges including Covid-19 restrictions, subdued interest rates, weakening of the local currency and increased regulations. The pandemic and its impact on...

Second hand clothes traders at a market in Nairobi
BUSINESSECONOMYFEATURED ARTICLEMARKETS

Ksh18 Billion-a-Year Mitumba Industry Fights for Changes Amid Threats to Its Survival

The second-hand clothes sector in Kenya, better known as Mitumba, paid Ksh12 billion in taxes in 2019, and employs over 2 million people....

BUSINESSECONOMY

Relief for Beer Manufacturers as MPs Reject Raising Minimum Alcohol Package

Mr. Mwakumona had argued that the sale of alcoholic drinks in low quantity packages made it easily affordable and accessible to the youth....

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