Notably, the gloomy employment outlook is against the backdrop of recent reports of recovery in the country’s macroeconomic environment and declining...

The local currency appreciated by 20 per cent against the global benchmark, the US Dollar, over the year, marking the highest gain across the region.

The push seeks to disclose data under the International Financial Reporting Standards (IFRS) S1 and S2, steered by the Kenya Bankers Association (KBA)...

Were it not for the tariffs, the lender says the global economic growth would have seen only a modest cumulative downgrade of 0.2 percentage point, to...

He added that Kenya hopes the agreement will be extended to ensure the continuation of a strong bilateral relationship, noting the urgent need to fina...

Spearheaded by the Kenya Association of Manufacturers (KAM) in partnership with the Ministry of Investments, Trade and Industry, the strategy seeks to...

The Index by the economic think-tank The Heritage Foundation ranks Rwanda second in the bloc, with an economic freedom score of 54.8, behind Tanzania,...

This year’s Earth Day theme, ‘Our Power, Our Planet’, draws attention to the shared responsibility to protect the planet and the immense influence ind...

In real figure terms, the 14 per cent gain during the quarter means importers in the country were spending Sh14 less to buy a dollar for importation c...

The Registrar of companies has earmarked a further 101 companies for closure in the coming 3 months unless a valid reason is given to prevent the diss...

With millions displaced and countless more in dire need of humanitarian support, UNHCR says current aid funding stands at less than 10 per cent of wha...

The funding initiative aims to enhance food security and sustainability for the country’s growing population amid increasing threats posed by climate...

The impact goes beyond healthcare, with experts now warning that the cuts will significantly affect youth development, a critical yet often overlooked...

According to IRENA Director-General Francesco La Camera, renewables keep breaking their own expansion records each year, but there are challenges of g...

The lender also said the launch reinforces its commitment to providing accessible Shariah-compliant financial solutions in the country.

Kenyan SMEs were urged to brace for impact and rethink strategy amid the prevailing tariff wars.

Front-of-pack labelling refers to a system that places nutritional information directly on the front of packaged food products, intended to provide co...

The findings by the International Energy Agency suggest the twin trends will eclipse the traditional focus on universal electrification as the primary...

Despite the positive growth and outlook, Afreximbank says Africa's trade landscape remains vulnerable to global price volatility and external shocks,...

UNDP says individuals with disabilities in the country continue to face significant challenges in accessing essential services, securing employment an...

Dubbed ‘MoreMilk2’, the programme initially covers the counties of Uasin Gishu, Nakuru and Nyandarua and is being implemented in collaboration with th...

The customers, comprising households and MSMEs, will be spread across 45 counties, except Nairobi and Mombasa.

The slash is a 75 basis points cut and the fifth consecutive one from the decade high rate of 13 percent.

Data from the office of the United States trade representative shows that the US total goods trade with Kenya stood at $1.5 billion (Sh193.9 billion)...

CBK says the models will play a key role in unlocking sustainable finance and stimulate the allocation of capital to support a climate-resilient econo...

The Stanbic Bank Kenya Purchasing Managers' Index (PMI), which gauges the level of private sector activities, rose to 51.7 from 50.6 in February.

East Africa’s projection is an upgrade from 4.4 per cent in the previous year, with the lender backing agriculture and services sectors as the main dr...

The move aims to stabilise ‘unga’ prices while easing pressure on the limited maize grain stocks in the country.

Since May 2000, Kenya has been exempted from tariffs when exporting to the world's largest economy under the African Growth and Opportunity Act which...

The World Economic Forum recommends that buildings be fitted with "base isolation" systems to separate the building from its foundations using springs...

The approval of the kitty follows the lender’s visit to Kenya’s Food4Education programme in March, an initiative intended to end classroom hunger by s...

The record marks the fifth consecutive month of rising inflation since October last year.

Kenya is following the global trend with a sharp increase in electric vehicle and motorcycle adoption.

The March edition of food security update by the World Bank shows a drop in the agricultural, cereal and export price indices by 8, 4 and 11 percent,...

With the trend largely attributed to manufacturers and suppliers, these fluctuations may reflect the challenges faced by the industrial sector in the...

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...

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

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

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

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...

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...

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

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

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

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

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

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

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...

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...

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...

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

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

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

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

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...

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

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

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...

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

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

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...

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

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...

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

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...

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

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

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

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

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

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

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...

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...

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.

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

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

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...

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

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

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

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

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...

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

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

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

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

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...

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...

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

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

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

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.

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

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

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...

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

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

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.