Economy
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Public Service Vehicles Reduce Bus Fares Amid Shilling Gains: A Welcome Relief for Kenyan Commuters
Public service vehicles are lowering bus fares on various routes, bringing relief to millions of daily commuters. This move comes…
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Global Real Estate Outlook Remains Negative as High Funding Costs Persist, Economy Slows
Challenging financing conditions and a slowing economy keep our outlook negative. High-interest rates are causing a multitude of challenges for…
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Somalia Secures $2 Billion in Debt Relief from Paris Club
The world’s richest nations agreed to cancel more than $2 billion of Somalia’s liabilities to help the war-torn nation restore…
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How KBA is Empowering MSMEs in Kenya: Impact Evaluation Survey Report2024
Micro, Small and Medium Enterprises (MSMEs) are the backbone of the Kenyan economy, contributing over 40% of GDP and employing…
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Mobile Lenders in Kenya Now 51 After New Approvals
The Central Bank of Kenya (CBK) has approved 19 new mobile lenders in Kenya, bringing the total number of licensed…
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Counties Receive Extra Ksh.46 Billion for Budget Support
County governments will receive an extra Ksh.46.3 billion to cater for their fiscal year 2023/24, sponsored by the County Government…
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How Informal Sectors Will Use KRA’s Ectronic Tax Invoice System
The Kenya Revenue Authority (KRA) has unveiled the Electronic Tax Invoice Management System (eTIMS) targeting businesses in the informal sector.…
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EU MPs Endorse Trading With Kenya in First Ever Deal
The European Parliament has given its green light to a new trade agreement between the EU and Kenya, which will…
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How EIDU is Transforming Digital Learning in Kenya
Digital learning is not a new concept in Kenya, but it has gained more momentum in recent years, especially during…
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KRA Forgives Ksh.209 Billion in Penalty for Kenyan Taxpayers
Over 200,000 taxpayers have benefited from a tax amnesty program, amounting to Ksh.209 billion in waived penalties. The waiver programme…
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