Business
Kenya’s Tax Amnesty and Road to Clean Taxpayer Data
May 12, 2025
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…
Construction Sector Shrinks to an All-Time Low of 0.7% to Ksh.528 Billion
May 9, 2025
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…
Elon Musk’s Starlink to Work with Airtel for Internet Service in Africa
May 8, 2025
Elon Musk’s Starlink to Work with Airtel for Internet Service in Africa
Airtel Africa reached an agreement with SpaceX to extend the availability of the satellite Starlink internet service in Africa. Elon…
State Expenditure on Education to Drop 1.2% to Ksh.594 Billion
May 8, 2025
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…
Kenya’s Agriculture Sector Records Ksh.1.7 Trillion Growth in 2024
May 7, 2025
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…
Merchandise Trade Grew to Ksh.3.82 Trillion in 2024 – KNBS
May 7, 2025
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…
TransCentury PLC Delays Release of 2024 Audited Financial Results
May 7, 2025
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…
SACCOs Expand Loan Portfolio to Dwarf Banks in Private Sector Lending
May 7, 2025
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…
Kenya’s Economic Growth Down to 4.7% in 2024, Says KNBS
May 6, 2025
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…
How Ban on Foreign Currency Will Affect International Transactions in Tanzania
May 6, 2025
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…