Economy
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Germany Drops TotalEnergies from Sustainability Funds Over Human Rights Concerns in Uganda
Germany’s Union Investment has removed French energy giant TotalEnergies from its sustainability funds and is calling for an independent human…
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Uganda Signs $800 Million 3-yr SGR Deal with Islamic Bank
Uganda has signed a $800 million financing agreement with the Islamic Development Bank to support projects, including a planned railway…
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Kenya Power Cleared to Proceed with Ksh.1.2 Billion Transformer Tender
Kenya Power has been granted the green light to finalize a Ksh.1.2 billion transformer procurement deal, following a ruling by…
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High Court Sets New Date to Hear Petition on IEBC Nominees
The High Court has delayed the hearing of a petition which seeks to stop the vetting and approval of President…
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Why Kenya’s Wealthy Are Moving Away from Lifestyle Assets and Going Local
Kenya’s High Net-Worth Individuals (HNWIs) are refocusing their investment strategies from the traditional lifestyle assets, towards generating revenue and offering…
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Kenya’s Tax Amnesty and Road to Clean Taxpayer Data
By Linda Onyango Kenya’s extended tax amnesty now running through to end of June 2025 presents a critical opportunity for…
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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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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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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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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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