Collins Ogutu
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Agriculture
Hello Tractor Outshines Banks in Agri-SME Lending After Hitting 7.2% in Profit
Hello Tractor has stood out as a trailblazer in agricultural finance, through inclusive lending and laying ground of opportunities for…
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Kenya
Construction Sector Shrinks to an All-Time Low of 0.7% to Ksh.528 Billion
Kenya’s construction industry shrank to an all-time low of 0.7 percent in 2024, a reversal from the 3.0 percent growth…
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Kenya
State Expenditure on Education to Drop 1.2% to Ksh.594 Billion
Government expenditure on education is projected to fall from Ksh.601.5 billion in the 2023/24 financial year to Ksh.594.2 billion in…
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Agriculture
Kenya’s Agriculture Sector Records Ksh.1.7 Trillion Growth in 2024
Kenya’s agriculture sector witnessed a robust growth in the year 2024, hitting a record Ksh.1.7 trillion, supported by increased crop…
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Kenya
Merchandise Trade Grew to Ksh.3.82 Trillion in 2024 – KNBS
Kenya’s merchandise trade volume rose by 5.5 percent in 2024, reaching Ksh.3.82 trillion, driven by export and moderate growth in…
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Corporate
TransCentury PLC Delays Release of 2024 Audited Financial Results
TransCentury PLC has announced a delay in publishing its audited financial statements for the year ended December 31, 2024, citing…
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Corporate
SACCOs Expand Loan Portfolio to Dwarf Banks in Private Sector Lending
Kenya’s Deposit-Taking Savings and Credit Cooperative Organizations (DT-SACCOs) expanded their loan portfolio to dwarf commercial banks in the private sector…
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Kenya
Kenya’s Economic Growth Down to 4.7% in 2024, Says KNBS
Kenya’s economy expanded by 4.7% in 2024, down from the 5.7% growth registered in the previous year, according to the…
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East Africa
How Ban on Foreign Currency Will Affect International Transactions in Tanzania
The Bank of Tanzania (BoT) imposed a ban on the use of foreign currencies for local transactions in Tanzania, effective…
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Corporate
AfDB Funding in Limbo as Trump Proposes $555 Million in Aid Cut
The United States government has proposed ending its contributions to both the African Development Bank (AfDB) and its concessional arm,…
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