Author: Alfred Onyango

Report shows Kenya loses Sh14-Sh19 billion each time there’s a statutory holiday Mar 11, 2025

The report gives a case study of Singapore, which cut its statutory holidays from 16 to 11 days in 1968 to bolster labour efficiency.

CBK proposes new license fee structure for banks Mar 11, 2025

In the first year of implementation, CBK plans to set the rate at 0.6 per cent.

Kenya strides towards gender parity with notable gains in women's inclusion Mar 08, 2025

KNBS says 86 per cent of married women are actively involved in decisions regarding their health, a sign of growing empowerment in women’s healthcare...

International Women's Day 2025: Progress and setbacks in strive for gender parity Mar 08, 2025

Experts from different sectors worldwide have warned that a faster, more comprehensive approach is needed to accelerate change.

Somalia to get over $10.7 million in budget support from EU Mar 07, 2025

The Somalia-EU programme, which dates back to 2014, has been instrumental in supporting the East African nation as it continues to recover from more t...

State plans to boost local leather production with new facilities in Northern Kenya Mar 06, 2025

Somewhat similar to Nairobi's Kariokor leather market, the initiative will focus on creating a space dedicated to the local production of leather prod...

Kenya’s private sector sees fifth consecutive month of growth but outlook dims Mar 06, 2025

The Stanbic Bank Kenya Purchasing Managers' Index (PMI), which gauges the level of private sector activities, rose to 50.6 in February, up from 50.5 i...

Capitalise on microinsurance for underserved to boost insurance coverage - IRA Mar 05, 2025

The call to refocus on microinsurance comes at a critical time when climate-related disasters are becoming more frequent and severe, further exacerbat...

Expert calls for skills training to help struggling grassroots businesses become profitable Mar 05, 2025

From her daily interactions with farmers and traders, Joyce says training and upskilling tops the list of the needs mostly required by grassroots busi...

Certified experts to empower SMEs in export trade growth Mar 01, 2025

The ministerial branding agency, KEPROBA, in a statement, said that the inaugural graduates of the Diploma in International Trade will equip Kenya's...

Eastleigh traders brace for uncertainty, decry harsh economic times Feb 28, 2025

A spot check across the business district revealed a contrasting perspective, with business owners sharing a different outlook than the reports sugges...

Olkaria made a Special Economic Zone to boost industrialisation Feb 28, 2025

Spanning approximately 8,292 acres, the facility will serve as a key driver for industrial investment, clean energy manufacturing and export-oriented...

Inflation up to 3.5 per cent in February on increased food and transport costs Feb 28, 2025

Notably, core inflation, which measures the cost of living excluding volatile components like food and energy prices from the overall Consumer Price I...

UN warns of 30% surge in hunger crisis in Somalia by June Feb 27, 2025

The study report says 3.4 million people are already experiencing crisis levels, or higher, of hunger in Somalia, and the number is projected to rise...

Mitumba expansion risks Kenya’s textile sector leverage on AfCFTA - manufacturers Feb 26, 2025

KAM warns that Kenya stands to lose a great deal on textile and apparel export trade if the policies promoting mitumba trade aren't re-looked and the...

Economy recovery to double lending to small businesses, experts say Feb 22, 2025

The Central Bank of Kenya (CBK) early this month scaled down its base lending rate by 0.5 per cent to 10.75 per cent.

Farmers to benefit from FAO's Sh6.5 billion climate resilience programme Feb 22, 2025

FAO says the project will focus on six key agricultural value chains: Dairy, poultry, coffee, tea, fruit trees, and African leafy vegetables.

KRA announces start of reforms to enhance efficiency, grow tax base Feb 21, 2025

The internal alignment will further focus on enhancing workflow processes to reduce redundancies, optimise internal resources and leverage advanced an...

JKIA named African Cargo Airport of the year Feb 21, 2025

In 2024 alone, data by KAA shows the airport handled 112,000 tons of cargo in the first quarter alone, reflecting its critical role in supporting regi...

Kenya on track to achieve universal electricity access by 2030 - report Feb 21, 2025

It projects that electrification growth will accelerate even further in the coming years, driven by increasing power demand, which is forecast to grow...

Kenya braces for fresh IMF loan conditions as Treasury reaffirms extension Feb 20, 2025

These loans, arguably, help the country address challenges such as budget deficits, maintaining public debt sustainability and alleviating foreign exc...

Nairobi airlines summit champions collaborative efforts to drive Africa’s cargo trade Feb 19, 2025

Stakeholders further emphasised that adopting such policies could help unlock substantial growth potential for the freight business.

Africa’s climate financing must quadruple by 2030 to bridge investment gap Feb 18, 2025

The global economic think tank, Wef, therefore reckons that the continent faces a significant climate financing gap, causing the region to miss out on...

Remittances by Kenyans in diaspora reduce by Sh2.3 billion in January as US remains largest source Feb 15, 2025

With the shilling constantly trading at an average of 129, it arguably means diaspora Kenyans are left in a tight spot while deciding whether to send...

Alarm over escalating ASAL community conflicts amidst growing climate disasters Feb 14, 2025

The KIPPRA study report says Kenya, as well as other parts of Africa, will experience greater climatic variability and increasing rates of drought in...

Cab drivers are fully compensated on discounted rides, don't pay more - Bolt Feb 14, 2025

Bolt reaffirmed its commitment to educating drivers through in-app notifications, direct communication, and training sessions to ensure they understan...

Faith-based lobby calls for cancellation of unjust debt to boost funding to critical sectors Feb 12, 2025

Delegates at the launch reiterated calls for the cancellation of unjust debts, which they argue undermine human dignity and hinder sustainable develop...

Why youth unemployment crisis persists despite post-Covid economic recovery Feb 11, 2025

ILO says a primary issue is the distinct lack of productive opportunities in African countries especially, with many young people unable to access dec...

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