Economy
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Facts about Privatization Bill, 2023 as Ruto signs it into law
President William Ruto has signed into law the Privatisation Bill, 2023, repealing the Privatisation Act, 2005 which was enacted before…
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M-Shwari deposits fall for first time in 10yrs
M-Shwari deposits dropped by 44 percent to Ksh.416.7 billion in a year to March 2023. The platform had a whooping…
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Dangote’s net worth down 22% in ten months on rising interest rates
Aliko Dangote’s net worth shrunk by 22 percent in ten months to October in 2023 even though he maintained the…
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Sub-Saharan Africa workforce to increase to 750 million; what does it mean?
According to the World Bank Group, the working population in Sub-Saharan Africa is set to increase to 750 million people.…
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Kenya Power to clear electricity connection backlog in 90 days
Kenya Power is implementing a Rapid Results Initiative (RRI) to fast-track meter installation for new connections across the country. Speaking…
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East Africa Growth Outlook the Best in Region with $450bn combined GDP
East Africa has a combined real GDP of about USD 450 billion, roughly 14.8% of Africa’s real GDP (Trading Economics…
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Kenya sets aside Ksh.8bn to ready 8 counties for El Nino
Kenya’s Deputy President Rigathi Gachagua convened Thursday an El Nino response and impact mitigation strategic meeting that brought together leadership…
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Over 100 car owners face 5-year jail term as import duty evasion probe takes cause
The Kenya Revenue Authority (KRA) is looking for 119 cars that were shipped into the country but failed to go…
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Why Kenya’s immediate financing risks remain despite proposed tax measures
President William Ruto’s administration’s draft revenue measures would provide fiscal space, but more immediate financing risks remain, this is according…
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Ruto challenges global community to mobilise resources for SDG goals
President William Ruto has called on the international community to mobilize and direct resources towards addressing impediments to Sustainable Development…
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