Author: Alfred Onyango

Heat stress on the rise, slashing work productivity by 2-3 per cent, report warns Aug 24, 2025

Manual labourers in sectors such as agriculture, construction and fisheries are particularly vulnerable, as they face prolonged exposure to dangerous...

TICAD9 summit ends with ambitious pledges to drive Africa’s transformation Aug 23, 2025

They jointly produced a comprehensive declaration focused on economic resilience, digital transformation, peacebuilding, and sustainable development.

Kenya’s credit rating upgraded to ‘B’ as investor confidence grows Aug 23, 2025

The new rating comes with a stable outlook, indicating growing confidence in Kenya’s ability to meet its debt obligations amid better access to intern...

Only three African countries will attain universal clean cooking access by 2050 - IEA Aug 23, 2025

Africa’s struggle to meet clean cooking targets stands in stark contrast to the broader global progress, with the continent notably falling behind.

Kenya, US agree to initiate plans on new trade deal as AGOA winds down in September Aug 22, 2025

It follows the high-level meeting held in Washington, DC this week, where Cabinet Secretary for Investments, Trade and Industry, Lee Kinyanjui, led a...

Kenya's retail and hospitality sectors slow as consumers cut spending in 2025 Aug 20, 2025

The latest Kenya Market Update report by real estate consultancy Knight Frank shows that the hospitality industry, which had been buoyed by post-pande...

Job prospects dim despite business optimism, CBK survey shows Aug 20, 2025

The latest Central Bank of Kenya's (CBK) CEO Survey shows expectations are high for growth across most business activity indicators in the third quart...

Absa launches women-only Islamic bank account to spur financial inclusion Aug 20, 2025

Absa Bank Kenya Chief Finance Officer Yusuf Omari said Sultanah is built for the visionary business woman that wants to bank ethically while meeting t...

Kenya launches Islamic finance association to unlock growth in Sharia-compliant banking Aug 19, 2025

Spearheaded by Absa Bank, the new umbrella body seeks to close regulatory and operational gaps that have long slowed the sector’s growth.

Kenyan households struggle as fewer can afford basic needs, survey reveals Aug 17, 2025

This marks a significant 10 per cent drop compared to the previous year, underscoring the deepening impact of economic pressures such as inflation, hi...

Alarming gaps in neonatal nursing threaten Kenya’s 2030 child survival target - survey Aug 16, 2025

Despite significant progress in reducing child mortality globally, neonatal mortality, the death of babies within the first 28 days of life, remains s...

World trade to rebound in second half year but tariff pressures cast shadow - outlook Aug 16, 2025

The higher “reciprocal” tariff rates introduced on August 7 are expected to place mounting pressure on US imports and dampen exports from its trading...

East Africa flagged as hotspot for procurement fraud in AfDB-funded projects Aug 15, 2025

East Africa accounted for 33 per cent of all allegations, or just about 19 cases, the highest among all regions, followed by West Africa at 29 per cen...

Counties urged to ditch costly overseas benchmarking tours amid fiscal constraints Aug 15, 2025

Keprecon Chief Executive Director Fred Were underscored the urgency of investing directly in health systems instead of spending millions on internati...

Loan defaults surged to 17 per cent in 2024 due to tough business climate - CBK Aug 13, 2025

In the period under review, gross loans issued by banks decreased by 2.7 per cent to Sh4.07 trillion from Sh4.18 trillion in 2023.

Mobile money use in Kenya hits Sh724.8 billion monthly in 2024 Aug 13, 2025

Similarly, the average number of monthly transactions increased to 223.5 million, compared to 202 million in 2023 and 190 million in 2022.

KCB declares first-ever special dividend as profits for half year hit Sh32.3 billion Aug 13, 2025

The announcement on shareholder returns follows an eight per cent year-on-year growth in net profits, rising from Sh29.9 billion in the previous corre...

CBK cuts lending rate to 9.5 per cent in seventh straight easing move Aug 13, 2025

This marks the seventh consecutive rate cut from the historic peak of 13.0 per cent, as the regulator reaffirms its commitment to boosting economic ac...

Kenya leads in AI innovation, policy development as Africa’s market set to triple by 2030 Aug 13, 2025

The report emphasises that while AI is driving innovation, growth, and social impact worldwide, Africa is uniquely positioned to unlock its transforma...

Youth Day 2025: Only five per cent of African youth complete tertiary education, report reveals Aug 12, 2025

This demographic shift presents both significant opportunities and pressing challenges, particularly in the areas of education, skills development, an...

Energy transition faces stark reality as oil demand set to rise to 2030 Aug 10, 2025

According to the think tank, the decrease reflects wider challenges, including underinvestment, limited access to electricity in some areas, and insti...

Kenyan shilling holds steady at 129 against the dollar for a year Aug 09, 2025

The local currency began its recovery in early February last year, after plummeting to a historic low of 160 against the greenback.

SMEs see brighter outlook but struggle with market access, corruption - report Aug 09, 2025

Nyandarua, Nakuru, Kisumu, Nyeri, and Kakamega ranked as the top five counties in the latest assessment.

Kenya’s gig economy experiencing explosive growth, but digital rights risks persist - BAKE Aug 08, 2025

The report, by Bloggers Association of Kenya (BAKE), reveals that the country has witnessed an exponential rise in content moderators, content creator...

CHAN 2024: Hawkers cry foul over exclusion near Kasarani Stadium despite economic hopes Aug 07, 2025

The traders are now pleading with relevant stakeholders to create a structured and fair system that includes them in the tournament environment withou...

UN negotiations enter final stretch for historic global plastics treaty amid falling recycling rates Aug 07, 2025

Every year, the world makes more than 400 million tons of new plastic, and that could grow by about 70 per cent by 2040 without policy changes, accord...

Treasury under fire for snubbing MPs over Sh30 billion rural electrification debt Aug 06, 2025

The exchequer was to appear before the House committee on Tuesday, August, but failed, a reason the committee believes is a deliberate act of inaction...

Kenya’s prime office rents stagnate for fourth quarter despite rising demand, Knight Frank report shows Aug 06, 2025

In more than half of the surveyed African cities, high-grade office occupancy rates in central business districts have surpassed 90 per cent in some k...

Rising prices, protests shrank private sector economy in July - report Aug 05, 2025

The monthly Stanbic Bank's Purchasing Managers' Index shows the headline PMI dropped at the sharpest pace in a year during the month.

Foreign Investments offer minimal impact to Kenya’s industrialisation, study shows Aug 02, 2025

The report recommends urgent policy reforms to make brownfield investment more attractive and sustainable in this sector, which has the potential to d...

Kenya's inflation climbs to 4.1 per cent amid fluctuating food prices, fuel costs Aug 01, 2025

Data by the Kenya National Bureau of Statistics (KNBS) shows the increase was mainly driven by rise in prices of commodities in the three key categori...

From bargains to burden, inside Gikomba’s growing pile of textile waste Jul 31, 2025

The accumulation is severe, layers upon layers of textile waste have built up, with no comparable situation elsewhere, making it hard to even differen...

Food loss in Africa threatens fight against hunger and poverty, says UN report Jul 31, 2025

According to the United Nations Industrial Development Organisation, food losses have remained persistently high since 2016, with little to no improve...

Explainer: NSE scraps minimum 100 shares trading rule- what this means for Kenyans Jul 30, 2025

In other terms, it means retail investors can now buy just one share of blue-chip stocks like Stanchart Kenya (Sh309 per share), Kakuzi (Sh439 per sha...

IGAD experts warn of policy gaps undermining Africa’s push to end hunger, poverty by 2025 Jul 29, 2025

The ongoing four-day IGAD meeting in Nairobi, which began on July 28, aims to endorse this strategy, strengthen partnerships, and form a working group...

Global hunger declines in 2024, but Africa faces rising food insecurity, undernourishment Jul 29, 2025

In 2024, an estimated 306.5 million people across the continent faced hunger, representing 20.2 per cent of Africa’s population—an increase from 267.3...

World Bank: Mobile money fuels 114 per cent surge in financial inclusion in Kenya Jul 27, 2025

The growth is largely attributed to the widespread adoption of mobile money platforms, which continue to reshape the country’s financial landscape.

Kenya’s economic recovery in limbo as fiscal, debt pressures persist - Moody’s Jul 26, 2025

Moody’s however warns that heavy reliance on domestic financing will keep debt affordability weak on rising rates despite improved domestic market con...

More than 90 per cent of renewable projects now cheaper than fossil fuel alternatives - report Jul 25, 2025

Ideally, the data underscores a dramatic shift in the economics of power generation, with clean energy not only competing with but surpassing fossil f...

Demand for standalone homes drives fastest property price growth in 18 months Jul 25, 2025

On a year-on-year basis, prices increased by 7.8 per cent, compared to 4.9 per cent in the 12 months to March 2025.

Kenya holds strongest passport in East Africa in 2025, ranks 69th globally – Henley Index Jul 24, 2025

Despite its dominance in the East African region, Kenya’s passport dropped slightly in the global rankings, falling from 67th in 2024 to 69th in 2025,...

Food insecurity in Africa persists as poor infrastructure hampers supply chains – World Bank Jul 23, 2025

In its report titled "Transport Connectivity for Food Security in Africa", the World Bank notes that although food production has increased over the y...

New Bolt feature lets users book, pay rides for up to nine people Jul 23, 2025

It caters to families, support networks and group outings, streamlining the ride-hailing process and eliminating the need for multiple bookings.

Counties receive Sh7 billion to invest in green projects Jul 22, 2025

The funds will help county governments operationalise their County Climate Change Action Plans (CCCAPs) and invest in priority climate resilience init...

Safaricom’s Ndoto Zetu initiative elevates maternal health in Kamukunji's Eastleigh with bed donation Jul 22, 2025

This upgrade at the Eastleigh Health Centre—from fewer than eight outdated beds—represents a major improvement in both comfort and care for expectant...

AfDB: Kenyan women left behind in green energy transition amid Sh96 billion financing gap Jul 20, 2025

According to the AfDB, women in Kenya face a significant financing gap that hinders their ability to fully participate in and benefit from the renewab...

Emerging businesses in Kenya faced toughest years in 2024 and 2025, experts say Jul 20, 2025

Eric Kimani, a business commentator and Executive Director of Palmhouse Dairies Limited, noted that the environment for young businesses is currently...

Debt financing dominates East Africa’s private capital transactions in Q2 - report Jul 19, 2025

Overall, Kenya led activity in East Africa, accounting for 63 per cent of all transactions, surpassing the combined totals of Tanzania (26 per cent) a...

UN push to eliminate processed fats sparks concerns over food access in poor nations Jul 17, 2025

In May 2025, the UN released a draft declaration proposing the global elimination of trans fats as part of a broader political commitment adopted at t...

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