creative economy,Creative Economy and Sports Stories

Kenya eyes US creative industry as blueprint to lift GDP share to double digits
Alfred Onyango  |  Jun 07, 2025

The ambition took centre stage at the US-Kenya Creative Economy Forum held on Thursday in Nairobi, which brought together creatives, policymakers and...

Kenya’s private sector activity in May dips for the first time in seven months
Alfred Onyango  |  Jun 06, 2025

The negative performance across the sectors is mainly attributed to the rising prices, which contributed to a drop in customer spending and weaker bus...

Growth over the rest of the year clouded by uncertainty, economists say
Alfred Onyango  |  Jun 04, 2025

The survey attributes the bleak outlook to current geo-economic developments, such as tariff tensions between China and the United States, describing...

Is Sudan’s war the reason for South Sudan’s economic crisis? What’s really going on with oil revenue
The Conversation  |  Jun 02, 2025

South Sudan lacks the operational capacity to extract the oil it has in the ground.

Mombasa holds public forums after budget criticism for lack of community input
Farhiya Hussein  |  Jun 02, 2025

The Sh14.63 billion budget, which shows how money will be spent in key areas, has faced criticism, with residents asking for a more open and inclusive...

Youth dive into fish farming as aquaculture initiative transforms Coast, western Kenya
Farhiya Hussein  |  Jun 02, 2025

The programme aims to create at least 150,000 jobs across these regions through training, mentorship, and access to aquaculture markets.

Homa Bay’s Raila Odinga Stadium filled to capacity Saturday night ahead of Madaraka Day
Lucy Mumbi  |  Jun 01, 2025

This year’s Madaraka Day, themed “Our Water, Our Wealth: Harnessing Kenya’s Blue Economy for Sustainable Economic Development”, marks a significant mi...

Biogas potential untapped despite promise for green drive, rural development - study
Alfred Onyango  |  May 30, 2025

This is despite its vast potential to propel the green drive and promote sustainable rural livelihoods.

Rwanda to export beryllium to Kazakhstan under new bilateral agreement
Bashir Mbuthia  |  May 29, 2025

The mineral deal was one of several agreements signed during Kagame's state visit, aimed at deepening bilateral ties and expanding cooperation in sect...

Employers raise alarm over Kenya’s shrinking investment appeal, job losses
Maureen Kinyanjui  |  May 29, 2025

Official statistics from the Kenya National Bureau of Statistics show formal job creation fell to 75,500 in 2024, down sharply from 123,000 in 2023.

Kenya’s GDP to grow 5 per cent in 2025, driven by agriculture and fintech, says AfDB
Alfred Onyango  |  May 28, 2025

The lender credits the upgrade to robust growth in agriculture and vital service sectors, particularly fintech and mobile money.

Economic outlook: Kenya’s inflation climb raises prospect of monetary tightening in coming months
Alfred Onyango  |  May 27, 2025

The country’s resurgent inflation, driven by surging electricity and fuel costs, could force policymakers to consider rate hikes to keep price growth...

Tanzania completes construction of longest bridge in East and Central Africa
Bashir Mbuthia  |  May 22, 2025

The bridge spans a total length of three kilometres across Lake Victoria. It is also connected by an additional 1.66 kilometres of feeder roads

Kenya sees sluggish growth in high-net-worth individuals amid economic headwinds – Knight Frank
Alfred Onyango  |  May 17, 2025

Knight Frank attributes the slow growth to challenges stemming from a decelerating economy and mounting fiscal pressures during the review period.

Afreximbank launches Sh129bn funding kitty to empower African creatives
Alfred Onyango  |  May 15, 2025

The initiative promises to open up opportunities for filmmakers and artists to scale their craft to global standards, nurture talent, and spur job cre...

State slashes digital transfer tax to 1.5 per cent to boost tech sector
Lucy Mumbi  |  May 12, 2025

Ruto said the move is part of broader efforts to create a pro-business environment that supports start-ups, Micro, Small, and Medium Enterprises (MSME...

Kenya’s economic output rises 8 per cent to hit Sh16.22 trillion in 2024
Alfred Onyango  |  May 06, 2025

This is from Sh15.03 trillion in 2023, representing an eight per cent year-on-year growth.

Why Kenyans have to wait longer to feel real benefits of strengthening shilling
Alfred Onyango  |  May 03, 2025

Inflation has now risen for six straight months, hitting 4.1 per cent in April, up from 2.7 per cent in October 2024, even as the Kenyan Shilling bega...

Ethiopia expects preliminary deal on IMF review within days, finance minister says
Reuters  |  Apr 28, 2025

Ethiopia opted to restructure its external debt under the G20's Common Framework in 2021, before it defaulted on its sole Eurobond in December 2023.

IMF upgrades Kenya’s economic growth to 4.8pc in 2025 despite regional, global slump
Alfred Onyango  |  Apr 26, 2025

The country’s GDP growth forecast has received a notable upgrade in the latest economic outlook by the International Monetary Fund (IMF).

Kenyan shilling, Africa’s best-performing currency in 2024 - World Bank
Alfred Onyango  |  Apr 25, 2025

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.

Rwanda overtakes Kenya to become second freest economy in EAC
Alfred Onyango  |  Apr 22, 2025

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,...

Power drives global affairs today, not rules – What Africa’s strategies should be
The Conversation  |  Apr 15, 2025

African countries, which have contributed least to global climate change, are pressured to assume greater responsibility with little international sup...

South Africa finally has a masterplan for a renewable energy industry: What it says
The Conversation  |  Apr 15, 2025

The masterplan has been drawn up so that it aligns with South Africa’s existing national target of adding 3–5 gigawatts of renewable energy capacity e...

Rwanda to build regional hub for satellite development and testing
Lucy Mumbi  |  Apr 14, 2025

The plan is detailed in Rwanda’s recently approved space policy, which prioritises reducing the country’s reliance on foreign providers for satellite...

Blue Economy boom: Over 200 Tana River youths empowered in fisheries venture
Farhiya Hussein  |  Apr 14, 2025

By channelling youthful energy into enterprise and equipping young minds with the tools to navigate the blue economy, the initiative offers hope in a...

Ugandan MPs from ruling and opposition parties receive Sh100 million each from President Museveni
Lucy Mumbi  |  Apr 08, 2025

The money is reportedly as a token of appreciation for their “good behavior” and in response to financial struggles among some legislators.

Why Kenya is currently not the best destination choice for investors - KAM
Alfred Onyango  |  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...

Ethiopia licenses first investment banks, expands capital market services
Addis Standard  |  Mar 22, 2025

The newly licensed institutions include CBE Capital S.C. and Wegagen Capital Investment Bank S.C., both designated as investment banks.

Somalia PM Hamza Barre launches five-year National Transformation Plan
Hassan Mohamed  |  Mar 19, 2025

Prime Minister Hamza said the National Transformation Plan seeks to strengthen and capacitate various government agencies and Ministries to better ser...

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