Kenya’s exports to South Africa jumped to Ksh.3,956,500,000 in the year 2021, a 13.6 percentage point uptick from Ksh.3.480,900,000 volume of exports traded in 2020, according to data by Metropol’s Harvest.
Exports to the south African nation have not been on a stable trajectory for the
Kenya and its peers in Sub Saharan Africa (SSA) are facing increasingly adverse climate conditions, said the International Monetary Fund (IMF), and will need a series of funding to tackle the situation.
In its report released on November 1, the multilateral lender said that advanced economies
Kenya’s debt to China last year December stood at Ksh.806 billion representing 24 percent of the county’s total extern debt.
The Treasury record, however, shows the debt has been narrowed to Ksh.793 billion from December 2021 to March this year.
External debt currently stands at Ksh.4.1 trillion,
Fuel prices have hit new highs in Tanzania as tensions in eastern Europe continue to impact the global oil market.
According to the latest cap prices for May for petroleum products, announced late Tuesday by the Energy and Water Utilities Regulatory Authority (EWURA), petrol prices in
The country has been recording high numbers in drug trafficking and narcotics smuggling, behavior which has prompted the Anti-Narcotics agency to start using the new amendment law that will see drug traffickers face full force of the law.
The Narcotics, Drugs and Psychotropic Substances (Control) Act
Kenya and Tanzania’s trade volume doubled within a six-month period after President Uhuru Kenyatta and Samia Suluhu struck a bilateral trade deal in May last year.
According to Central Bank of Kenya (CBK) data shared by the East Africa Business Council (EABC), the value of trade
The Ethics and Anti-Corruption Commission’s (EACC) Chief Executive Twalib Mbarak has been elected to the executive committee of the International Association of Anti-Corruption Authorities (IAACA).
Mbarak will hold this position for a period of three years alongside his colleagues from Mauritius, Senegal and Morocco.
The nomination will
Kenya has jumped six positions up from 12 back in 2013 with a Ksh.4.74 trillion Gross Domestic Product (GDP) to Ksh.11 trillion, positioning itself as the sixth richest economy in Africa.
This is according to President Uhuru Kenyatta when he made his State of The Nation
Kenya has received a donation of 945 tonnes of relief food from China consisting of rice to drought-hit Kenyans.
Minister Counselor of Chinese Embassy in Kenya Zhang Yijun, said that the humanitarian assistance is the seventh of its kind since 2017 when China promised to donate
Kenyans have been challenged to invest more in China in a bid to
increase their presence in the East Asian Country.
Speaking on Wednesday during the official launching of a 3-day 4th
Kenya International Industrial Expo in Nairobi, Erick Rutto, the first Vice
President of the Kenya National Chambers