Author: Alfred Onyango

Kenya’s food insecurity to worsen further as global 2030 zero hunger goal falls short Mar 30, 2025

FAO notes that the progress towards the broader goal of ensuring regular access to adequate food for all has stalled, highlighting the need to re-look...

Why Kenya is currently not the best destination choice for investors - KAM Mar 28, 2025

KAM says the country’s business environment is rallying behind its aforementioned neighbours in critical industry aspects such as the cost of producti...

Government rolls out new e-procurement system to curb corruption Mar 28, 2025

The Exchequer therefore noted that suppliers, contractors, and consultants should self-register on the e-GP portal.

Kenya’s power imports double in 6 months on low wind, solar output Mar 27, 2025

The highest energy imports were recorded in November at 134.18 GWh, while the lowest occurred in July at 106.11 GWh.

Kenyans connected to the grid hit 9.8 million in December 2024, Epra says Mar 27, 2025

However, the record of new customer connections is a decline compared to the same period in the previous financial year, which recorded a total of 260...

Kenya not likely to attain debt sustainability until after 2029 – Treasury Mar 26, 2025

CBK data shows Kenya's public debt hit Sh10.027 trillion in the last week of June 2023, effectively breaching the then statutory debt ceiling which wa...

Treasury CS John Mbadi addresses concern over budget cuts to counties Mar 26, 2025

Mbadi said the claim that the National Treasury was diverting funds was completely out of tune with the normal budgetary process.

Insurance fraud up 45% in Q3 2024, motor industry lead surge - regulator Mar 25, 2025

Most cases emanated from the motor industry, with fraudulent motor accidents recording 16 cases, up from two in the previous corresponding quarter.

Why employers must prioritise workers' happiness Mar 23, 2025

Ideally, a satisfied, happy and engaged workforce tends to produce higher quality work, fosters creativity and is more likely to contribute positively...

Kenya ranks among top most benevolent nations globally, but police fall behind in acts of kindness Mar 22, 2025

The national average frequency of Kenyans engaging in donations placed the nation at position 24 out of 147 countries globally.

Government’s inequality solutions not doing enough - World Bank report Mar 22, 2025

Despite the combination of wealth tax and redistribution policies over the past years, the levels of poverty are still high, continuously extending th...

Kenyans’ happiness levels drop for second year running in 2025 Mar 22, 2025

The annual World Happiness Report 2025 edition, ranks Kenya at position 115 out of 147 surveyed countries.

First-ever data tool to shape Kenya's environmental policy guidelines Mar 21, 2025

Data by the UN Office for Disaster Risk Reduction shows an estimated three to four million Kenyans are affected annually by natural and human-made dis...

TikTok now allows parents to see, block their teens’ followers Mar 19, 2025

Among the new additional updates on the feature is the Expanded Family Visibility, which enables parents to track who their teen follows, see who foll...

Government urged to boost investment in organic farming for sustained production Mar 19, 2025

Amudavi emphasised that Kenya is one of the top six African countries, out of the ten, that have expanded their land acreage dedicated to organic agri...

US-China trade war threatens global science and research collaboration Mar 19, 2025

WEF, in its deliberations, reiterates that the ripple effects of these tensions are expected to extend far beyond the two nations, affecting other cou...

Kenyans in diaspora sent home Sh5.8 billion less in February on strong shilling Mar 16, 2025

The US remained the largest source of remittances to Kenya, accounting for 53 per cent in the month under review.

Kenya’s economic growth to be powered by women and diaspora remittances -Report Mar 14, 2025

It says the prospect will be supported by a robust remittance ecosystem from Kenyans living abroad and high female labour force participation, which c...

Hopelessness as only 4pc of unemployed Kenyans actively engage in job search Mar 14, 2025

The report says job search efforts for women, particularly mothers, are significantly hindered by childcare responsibilities thus limiting their activ...

Africa dragging growth in global food production despite vast potential – WB Report Mar 14, 2025

The findings come against the backdrop of concerns over the ability of current agricultural production to meet current and future food demand as the p...

Money agents transactions by Kenyans hit Sh8.7 trillion in 2024 - CBK Mar 13, 2025

Mobile transactions jumped 9.3 per cent from the previous year’s total of Sh7.95 trillion.

Not a choice anymore? Why borrowing is becoming a necessity in Kenya Mar 12, 2025

Slightly over one-third of Kenyans have increased their borrowing, a trend that aligns with rising living costs and delays in income.

Experts call for higher carbon credit pricing as global trading takes shape Mar 12, 2025

The current pricing mechanisms are insufficient to meet the ambitious goals of the Paris Agreement which aims to limit global temperature to 1.5°C abo...

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...

Beyond health: Economic toll of FGM in affected countries hit Sh181bn annually Feb 08, 2025

It says the economic burden of FGM is staggering, with the healthcare cost for survivors in prevalent countries reaching $1.4 billion (Sh180.9 billion...

Kenya's small businesses call for tangible solutions for growth, denounce global rhetoric Feb 07, 2025

The challenges faced by small businesses in the country are rooted in more immediate concerns that may not be so easily addressed by the overarching g...

Consumers brace for tougher times as report shows global rise in food prices Feb 07, 2025

Ideally, when agricultural, cereal and export price indices increase, it often signals a rise in the cost of essential food commodities like grains an...

Tough economic conditions slow down private sector customer demand in January Feb 06, 2025

Despite the marginal decline in growth of the business activities, the index report maintained that general business conditions improved further.

Kenyan Shilling maintains stability at 129 against the dollar six months running Jan 29, 2025

The gain was attributed to the successful settlement of the inaugural $2 billion (Sh259 billion) Eurobond buyback plan

Business sales dipped in Q4 as Kenyans cut back on Christmas spending Jan 29, 2025

he brunt felt by businesses in the quarter under review could also be a result of the static income trends which dominated during the review period.

Kenya’s credit outlook rating by Moody’s incorrect, detrimental - AU Jan 28, 2025

AU pointed out that Kenya has not yet navigated through a stable economic outlook to justify such a shift.

Africa is second most unequal region in the world - World Bank Jan 26, 2025

Additionally, the lender highlights that the region has also made slow progress in expanding the ranks of its middle class, additionally stating that...

Kenya sees 41.9 per cent drop in cybercrime incidents in Q1 2024/25 Jan 25, 2025

The Communications Authority of Kenya reports that the number of cyber threats dropped by 41.9 per cent to 657.8 million from 1.13 billion in the prev...

Migrant workers up by more than 30 million on increased pursuit for greener pastures Jan 24, 2025

In 2022, Kenyan expatriates living and working in Saudi Arabia sent home a total of $302.26 million (equivalent to Sh48 billion then).

Foreign investor outflows at NSE hit Sh16.6 billion in Q4 on political instability Jan 24, 2025

However, the reduction in market concentration reflects investors' growing preference for diversifying their portfolios beyond the traditional blue-ch...

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.

Workers must sharpen soft skills to thrive in the age of AI - lobby Dec 21, 2024

It notes that soft skills, such as critical thinking, emotional intelligence, creativity and problem-solving, will become increasingly vital in naviga...

CBK: Money from Kenyans in diaspora down by Sh1.8 billion in November Dec 21, 2024

So far this year, the months of January, August, September and October recorded the highest dollar inflow from diaspora remittances.

Kenya, UN launch Sh3.7bn programme to improve refugee mobility, integration Dec 20, 2024

The initiative majorly seeks to improve governance and strengthen service delivery towards empowering communities affected by migration.

ILO urges countries to fully invest in nature-based solutions to spur job creation Dec 14, 2024

The report recommends promoting workers’ rights and inclusiveness in the NbS jobs and strengthening research and data collection.

Kenya's middle-income milestone overlooked by setbacks in sustainable development Dec 13, 2024

The latest World Bank's economic prospects report for the year 2025, indicates that the country is falling behind on 12 of the 17 SDGs,

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