Business
Trump’s Proposed 5% Remittance Tax to Hit Kenyans Hard
May 16, 2025
Trump’s Proposed 5% Remittance Tax to Hit Kenyans Hard
A controversial proposal by the Trump administration to impose a 5% tax on remittances has sparked concern among global financial…
Why Kenya’s Wealthy Are Moving Away from Lifestyle Assets and Going Local
May 13, 2025
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…
Kenyans to Access Superior Homes at 105% After Deal with KCB Bank
May 12, 2025
Kenyans to Access Superior Homes at 105% After Deal with KCB Bank
Property developer Superior Homes Kenya has inked a deal with Kenya Commercial Bank (KCB) to facilitate Kenyans seeking to own…
U.S. and China Agree to Suspend Most Tariffs for 90 Days
May 12, 2025
U.S. and China Agree to Suspend Most Tariffs for 90 Days
The United States and China have agreed to suspend most tariffs on each other’s goods, signaling a significant de-escalation in…
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…