Author: Alfred Onyango

IMF questions Kenya’s exchange rate policy amid new funding negotiations Oct 25, 2025

Muriithi said the Fund believes the shilling’s performance against the dollar is ‘too stable’, and the scope is interfering with monetary policy trans...

Four African countries delisted from money laundering watchlist, Kenya still flagged Oct 25, 2025

Kenya remains under FATF grey listing, after being flagged in February 2024, a decision that has rattled its financial sector.

AfDB approves Sh9.4 billion to boost science, technology among Kenyan youth Oct 25, 2025

The HEST II project is expected to benefit over 20,000 students, including 8,000 young women, and generate about 5,000 direct and indirect jobs in the...

Report paints Africa’s grim reality on poverty, inequality reduction Oct 24, 2025

Similar to the general population, the report highlights that extreme poverty among children is increasingly concentrated in Sub-Saharan Africa and pl...

WMO warns of escalating climate risks, says CO₂ levels hit record high in 2024 Oct 24, 2025

The annual growth rate of CO₂ in the atmosphere tripled compared to the 1960s, reaching an alarming 3.5 parts per million (ppm) between 2023 and 2024,...

FAO warns of declining youth jobs in agrifood systems despite global demand Oct 23, 2025

Findings by the Food and Agriculture Organisation reveal a growing disconnect between youth and one of the most important employment sectors, especial...

Construction growth slows amid rising costs, labour shortages Oct 23, 2025

Loans and advances from commercial banks to the sector declined from Sh602.7 billion in 2023 to Sh528.0 billion.

Why farmers are not taking up loans for scaling up- experts Oct 22, 2025

CBK in its latest Monetary Policy Committee meeting slashed the base lending rate for the eighth consecutive time to 9.25 per cent, from the highs of...

Kenyan CEOs warn of tough times as high costs, taxes squeeze businesses Oct 21, 2025

Concerns over taxation also increased sharply, with the proportion of CEOs identifying it as a major challenge climbing from 15 per cent to 19 per cen...

Kenya’s 2026/27 budget set at Sh4.65 trillion – Here’s what it means for you Oct 21, 2025

The Treasury notes that the proposed increase in spending underscores the government’s continued focus on economic recovery, infrastructure developmen...

Raila legacy: Analysts celebrate India-Kenya relations championed by Raila Oct 18, 2025

At the Mentoria Fireside Chat, which reviewed several India-Kenya political and development-economic factors, the panellists acknowledged Indian Prime...

WFP warns of severe hunger crisis amid funding cuts Oct 18, 2025

Commenting on the shortfall, WFP Executive Director Cindy McCain said the gap between what WFP needs to do and what it can afford to do has never been...

Africa’s resilience tested as aid cuts, trade shifts cloud growth prospects - report Oct 18, 2025

Sub-Saharan Africa’s economy is projected to expand by 4.1 per cent in 2025, same pace as last year, with an uptick to 4.4 per cent in 2026.

IMF revises Kenya’s 2025 growth forecast upward to 4.8 per cent Oct 17, 2025

Kenya’s upgraded forecast comes amid signs of recovery in key sectors such as agriculture, services, and construction, as well as improving investor s...

Kenya’s foreign exchange reserves hit all time high on new Eurobond Oct 17, 2025

With large debt-service payments looming in early 2026, the current cushion offers the government greater breathing room to plan repayments without pu...

From jobless to boss: How Kenyans are turning the skills gap into opportunity Oct 17, 2025

According to the Federation of Kenya Employers, many companies are finding it increasingly difficult to hire suitably skilled workers despite high une...

IMF trims 2025 global growth outlook to 3.2 per cent amid rising uncertainty Oct 16, 2025

Global trade volumes are expected to rise by 2.9 per cent on average over the next two years, down from 3.5 per cent in 2024, while global headline in...

Kenya’s economic activity set for strong year-end boost, says CBK Oct 15, 2025

CBK this month lowered the base lending rate to 9.25 per cent from the previous ceiling of 9.5 per cent, marking the eighth consecutive reduction.

NCBA Bank unveils new next-generation transaction platform for corporates Oct 15, 2025

The lender notes that the improved transaction timelines will allow businesses to operate more efficiently and respond swiftly to changing market dema...

Government’s increased revenue strategy faulted amid missed targets, public backlash Oct 15, 2025

The PBO attributes these missed targets to deep-seated inefficiencies, citing poor implementation of tax policies, weak enforcement mechanisms, and wi...

New certificate of origin rule faces doubts over import undervaluation controls Oct 14, 2025

Introduced through the Finance Act 2025, the directive redefines the term certificate of origin as an official document issued by a competent authorit...

Jobs created in Africa mostly low-quality, informal - World Bank Oct 11, 2025

In its latest edition of Africa’s Pulse report, the lender reckoned that wage jobs and productive employment are scant in the region, as medium-sized...

'We feel forgotten': People living with HIV decry stigma as US aid cuts bite Oct 11, 2025

Patients and experts alike warn that the once-celebrated progress in HIV management is now unravelling, leaving vulnerable groups to fend for themselv...

Renewable power capacity to double by 2030 - IEA Oct 11, 2025

According to the report, Kenya is on course to achieve universal electricity access by 2030, positioning itself as a regional leader in economic and e...

Global economic outlook dims as IMF warns of prolonged uncertainty Oct 10, 2025

While the IMF’s most recent forecast in July projected global GDP growth at 3.0 per cent for 2025, down from 3.3 per cent in 2024, new projections exp...

Africa launches first-ever climate commitment implementation index to track progress Oct 10, 2025

Notably, Kenya ranked second in the inaugural Index rankings, with a score of 70.8, just behind Zimbabwe, which topped the list at 71.5.

How Kenya’s startups are surviving in today’s fiercely competitive online retail space Oct 10, 2025

Despite most Kenyan startups collapsing within their first year, a growing number of entrepreneurs are defying the odds through digital partnerships,...

Delayed GMO rollout cost Kenya Sh4.1 billion yearly - study Oct 09, 2025

In March this year, the Court of Appeal issued a status quo order that specifically restrained the government from allowing GMO imports or advancing t...

Kenya confident of new IMF funding deal amid improved economic outlook Oct 08, 2025

The final details of the new IMF-funded program are expected to be announced following the conclusion of the talks on Thursday. The recently concluded...

Non-work use of ChatGPT surges, now 73 per cent of conversations - OpenAI study Oct 07, 2025

Non-work-related use made up 73 per cent of all ChatGPT conversations as of June this year, up from 53 per cent during the same period last year, a 38...

Kenya steps up sovereign credit reforms with plans to create rating committee Oct 07, 2025

The proposed committee will institutionalise a coordinated national approach to credit ratings, fostering structured, proactive engagement with credit...

Insurance adoption in Africa low despite increasing awareness - report Oct 04, 2025

The findings suggest that cost and knowledge gaps remain significant hurdles to expanding insurance coverage across the surveyed nations and the regio...

Private sector activities rise for the first time in five months in September Oct 04, 2025

The latest Stanbic Bank's Purchasing Managers’ Index (PMI), which gauges the level of private sector activities, rose to 51.9 during the month, from 4...

Fragmented economic integration dragging Africa’s harmonisation drive - report Oct 04, 2025

The economic pillar exhibits the most fragmented performance among these, despite some notable strengths. It comprises four key dimensions: business a...

Business, emergency needs top reasons for loans in Sub-Saharan Africa, study finds Oct 03, 2025

Mobile lending apps lead in most markets, especially Uganda (37 per cent), Ghana (33 per cent), Kenya (30 per cent), Tanzania (27 per cent), and Niger...

World Bank warns of soaring global food prices as inflation hits developing nations hardest Oct 03, 2025

While the figures represent global averages, the impact is felt most acutely in low- and middle-income countries such as Kenya.

Direct Nairobi-Riyadh flights to boost Kenya’s export earnings, bilateral ties Oct 02, 2025

The direct link seeks to cut travel times, facilitate faster deals, and provide a stronger platform for partnerships across agriculture, energy, finan...

Kenya’s trade deficit widens to Sh413.5 billion as imports outpace exports Oct 02, 2025

At the start of the year, the outlook had been positive, with the trade deficit narrowing by 2.7 per cent to Sh375.5 billion, down from Sh385.9 billio...

Kenya's economy grows 5 per cent in second quarter of 2025- KNBS Oct 01, 2025

The statistics body attributes the growth largely to robust performances in agriculture, forestry and fishing, which recorded a 4.4 per cent growth, t...

Africa lags in green jobs boom, holds just 2 per cent of the global sum Sep 30, 2025

The Agency further highlights the challenge of skills mismatch, reckoning that the qualifications and experience of workers in declining sectors often...

Africa’s 2030 electrification mission surges, connecting 30 million in first year Sep 30, 2025

The World Bank committed to providing electricity access to 250 million people, with the African Development Bank (AfDB) aiming to reach an additional...

MPs demand clear plan as Treasury delays Sh864 million payments to media houses Sep 27, 2025

MPs sought to understand how GAA ensures that the information reaches the target audience across the country, even as the agency claimed it had saved...

SACCO members hit by 4 per cent payout cuts in wake of Sh13.3 billion KUSCCO heist Sep 26, 2025

The audit exposed a pattern of financial malpractice, including book tampering, large-scale theft by senior executives, bribery, suspicious bank withd...

Study finds Gen Zs face tougher job market than their predecessors Sep 26, 2025

Today’s youngest professionals are navigating a job market marked by intense competition, rapid technological change, and increasingly uncertain caree...

Profits from forced labour surge 37 per cent to Sh8.3 trillion worldwide, ILO report shows Sep 26, 2025

While 134 constitutions worldwide explicitly prohibit slavery, the ILO notes that far fewer contain direct bans on forced labour.

Inequality, fragile trust threatening global progress on social justice - ILO Sep 25, 2025

According to the International Labour Organisation (ILO), while the world is wealthier, healthier and better educated than in 1995, the benefits have...

Bolt unveils courier service to support Kenya's e-commerce boom Sep 24, 2025

Research firm Statista projects that Kenya’s e-commerce revenue will reach $922.10 million (Sh119.2 billion) by 2025 and continue to grow to $1,087.00...

75 per cent of the world’s poorest children live in Sub-Saharan Africa - report Sep 24, 2025

In 2024, the findings show that over 311 million children in the region lived in households surviving on less than $3 (Sh388) a day, the revised globa...

Kenya eyes 1.7 million job creation through economic transformation agenda Sep 23, 2025

A recent study by the Kenya Institute for Public Policy Research and Analysis forecasts the creation of 1,788,881 jobs, comprising 407,732 direct and...

Global companies lag in climate risks readiness as Africa faces urgent adaptation gap Sep 23, 2025

The warning comes ahead of a series of high-stakes climate and development gatherings in New York this September, including the United Nations General...

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