Author: Alfred Onyango

Report paints a grim picture of Kenya’s public expenditure, projects hurdles ahead Jan 22, 2025

The latest figures show the Kenya Revenue Authority (KRA) missed the tax collection target in the first half ending December 2024 by Sh163.46 billion.

Get more youths on government table to rebuild trust for growth - lobby Jan 21, 2025

Additionally, the think tank says the failure of governments worldwide to take account of the priorities of the young produces worrying and negative r...

Global job market stabilises as unemployment hits record low of 5% Jan 19, 2025

Compared to other regions, youths from the African continent were also ranked as the most pessimistic about economic opportunities in their respective...

Africa set for stronger growth in 2025 as global prospect remains subdued- report Jan 18, 2025

The percentage of experts forecasting stronger growth for Sub-Saharan Africa has increased to 78% this year, up from 65% last year, signalling a posit...

Kenyans abroad increase remittances by Sh97.8 billion in 2024 Jan 17, 2025

The United States remained the largest source of remittances during the review period, contributing 51 percent of total inflows.

Why insuring against unemployment is good for a future “Covid-19” Jan 16, 2025

The economic experts from KIPPRA note that the lack of a safety net during the Covid disruption made many workers vulnerable to job losses.

Nakuru overtakes Kiambu to become Kenya’s second-largest county by GDP size Jan 15, 2025

Nakuru now boasts a nominal Gross County Product (GCP) of Sh785.75 billion as of 2023, compared to Sh760.8 billion of Kiambu.

Jobs set to boom, fade in the next five years - report Jan 15, 2025

Farmworkers top the list as the most lucrative venture over the coming half a decade, the report says.

Kenyan businesses optimistic of improved economic activity in Q1, 2025 Jan 11, 2025

Latest CEOs and Market Perception surveys reveal a majority of private business heads are optimistic that the first three months of this year will rec...

Private sector players, govt outline path to enhance ease of doing business Jan 10, 2025

Mudavadi said the parties will in the next three months agree on a matrix highlighting an action plan.

Geothermal energy to become global investment frontier with Kenya leading the way – Report Jan 10, 2025

Kenya stands out as a major geothermal electricity producer, accounting for approximately 43 per cent of total geothermal electricity generation in th...

2024 sets new record as the hottest year, breaching the Paris Agreement threshold of 1.5°C Jan 10, 2025

Looking ahead to 2025, scientists predict it is unlikely to be another record-breaking year.

KWS launches tech-driven monitoring project to safeguard marine life at the Coast Jan 09, 2025

This cutting-edge approach is designed to provide vital data for conservation efforts, ensuring better management of the marine reserve and improved s...

Kenya’s economy growth down to 4.0% in Q3 - KNBS Jan 07, 2025

KNBS largely attributes the decelerated growth to the general decline in growth in most sectors of the economy.

Kenya's private sector activity dips slightly in December amid rising inflation Jan 07, 2025

Attributing the slight dip to inflation, the Index says the sharp increase in input costs at the end of the year led private sector firms to raise sel...

Kenya ranked among states with poor measure of job quality - report Jan 04, 2025

The report notes that despite strides in economic growth, the country's overall job quality score remains dismally low.

Job loss crisis looms as state shuts more than 200 companies Jan 04, 2025

In addition to the 202 companies that have already been struck off, the registrar has also put other 116 businesses on notice for intended dissolution...

Escalating Red Sea vessel attacks risk negating Kenya’s easing inflation as shipment of essential goods affected Jan 04, 2025

The ongoing attacks and tensions have severely impacted the flow of goods through the Suez Canal, with the 7-day moving average of container traffic f...

Relief as workers’ real wage growth starts rising on easing inflation Jan 02, 2025

A recent report by the International Labour Organisation (ILO), reveals that the real average wage growth has started to rise again as inflation progr...

State’s cash transfer programme not doing enough for the needy - Study Jan 02, 2025

To effectively improve food consumption and dietary diversity, the policy experts argue that cash transfer amounts will need to be adjusted.

Investors make fortunes at NSE compared to other investments in 2024 Jan 01, 2025

Official data shows between January 1 and December 30, the NSE saw a staggering 34.4 per cent increase in investor wealth, translating to an additiona...

Analysis: Kenyan shilling marks first year-on-year gain in four years in 2024 Jan 01, 2025

As Kenya moves to 2025, the recovery of the shilling remains a key indicator of the country's economic health.

Increased food, power, transport costs push inflation to 3 per cent in December Dec 31, 2024

This seasonal spike, along with increases in prices of some food commodities and power, pushed up the country's inflation rate to 3.0 per cent in Dece...

From Gen Z protests to shilling's performance: What shaped Kenya in 2024 Dec 31, 2024

The year 2024 experienced a series of interest rate hikes on loans, a crucial go-to remedy by households in times of constrained disposable incomes su...

Kenya not legislatively fully ready to handle domestic violence, femicide – Report Dec 29, 2024

Women in Kenya continue to face significant risks to their safety and well-being, contributing to a growing crisis in the country, the World Bank repo...

Kenya's small businesses hope for a better 2025 after struggling in 2024 Dec 29, 2024

The Institute of Economic Affairs growth will remain moderate and uneven in the coming year unless significant structural reforms are implemented.

Why digital goods make up a smaller share of imports in Africa -World Bank Dec 28, 2024

The global lender attributes the smaller import share of the essential commodities to high duties and taxes that consequently increase their cost.

Relief for Kenyan consumers as benchmark lending rate expected to be slashed again Dec 27, 2024

The projection is pegged on the move by the United States central banking system, the Federal Reserve, to enact the third consecutive interest rate cu...

Energy costs to rise by 25% in a decade but prices to drop by 2050 on green transition Dec 26, 2024

This is according to the International Energy Agency’s (IEA) World Energy Outlook special report, which highlights that, over the coming decade, energ...

Developing nations still off-track in poverty reduction - World Bank report Dec 24, 2024

Today, about 700 million people or 8.5 per cent of the global population, live in extreme poverty on less than $2.15 (Sh280) a day.

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