China investments Stories

China offers zero-tariff measures to 53 African countries, excluding Eswatini
Mwangi Maina  |  Jun 12, 2025

In recent years, Beijing has deepened cooperation with African countries across a spectrum from agriculture to infrastructure, consolidating its posit...

China's central bank steps up support for small, medium businesses
XINHUA  |  Jun 08, 2025

By the end of April, the outstanding inclusive loans issued to micro and small enterprises reached about 4.77 trillion US dollars, up 11.9 per cent ye...

Kenya reasserts sovereignty amid US scrutiny over China ties
Mwangi Maina  |  May 21, 2025

Prime Cabinet Secretary Musalia Mudavadi said Kenya's diplomacy is guided by national interest, not external pressure.

Investment firm sues Kileleshwa MCA Robert Alai, accuses him of invading Runda property
Carolyne Kubwa  |  May 15, 2025

The company’s director, who had gone to inspect the site, confronted Alai and his group. During the altercation, associates of Alai—allegedly armed wi...

Taita Taveta County unveils policy to attract investors, create jobs, and boost local economy
Farhiya Hussein  |  May 14, 2025

If fully adopted and implemented, the policy aims to raise both public and private investment to at least 25 per cent of the county’s economy by 2030,...

Investors face three-year wait for full tax relief under proposed Finance Bill
Lucy Mumbi  |  May 04, 2025

Firms will only be able to deduct 50 per cent of the amount in the first year, with the remaining 50 per cent claimed in two equal instalments of 25 p...

Proposed tax cut on imported building materials to help revive struggling sector
Alfred Onyango  |  May 02, 2025

If approved, the revised levy rate is expected to ease pressure on developers, lower overall construction costs, and stimulate investment in both priv...

Kenyatta University Hospital under fire over irregular staffing, retirement policy breaches
Maureen Kinyanjui  |  May 01, 2025

The committee’s review highlighted the need for strict adherence to the hospital’s policies and procedures, ensuring that such irregularities do not u...

Kenya moves to modernise investment, pest control laws
Maureen Kinyanjui  |  Apr 30, 2025

The change is aimed at attracting investment and encouraging deeper participation in Kenya’s financial sector.

House committee flags mismanagement, ethnic bias in universities and technical institutions
Maureen Kinyanjui  |  Apr 25, 2025

Vice Chancellors and Principals were summoned to explain the use of hundreds of millions on Enterprise Resource Planning (ERP) systems that have not p...

Ruto Secures Sh107bn in Chinese investments as Kenya strikes major deals on state visit
Maureen Kinyanjui  |  Apr 23, 2025

President Ruto also witnessed the signing of strategic partnership agreements between KenInvest and three major Chinese institutions.

Critically ill patients in African hospitals aren’t getting the care they need - New survey
The Conversation  |  Apr 12, 2025

Critically ill patients are treated in general hospital wards, and the provision of essential emergency and critical care is limited.

Lee: Trump's new tariff policy brings challenges and opportunities for Kenya
Alfred Onyango  |  Apr 04, 2025

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...

Trump slaps 10% tariffs on Kenyan goods in new "economic independence" blitz
Mwangi Maina  |  Apr 03, 2025

The move was part of a dramatic trade policy overhaul he dubbed "Liberation Day," announced in a fiery address from the White House Rose Garden on Wed...

Uganda signs deal with UAE investment firm over oil refinery
Reuters  |  Mar 31, 2025

Besides the refinery deal, Uganda and UAE investors also signed five other agreements in various sectors.

Investors welcome opening of Standard Investment Bank in Mombasa
Farhiya Hussein  |  Feb 28, 2025

The office, located at Nyali Centre on Links Road, marks SIB's second branch outside Nairobi as the bank celebrates its 30th anniversary this year.

Kenya's investment rate drops to lowest level in 14 years amid economic woes
Maureen Kinyanjui  |  Feb 22, 2025

Experts note that the investment slowdown over the past decade has been driven by reduced demand for transport equipment, machinery, and ICT equipment...

Senators want Treasury to use part of shareable revenue to pay county debts
Maureen Kinyanjui  |  Jan 30, 2025

The committee recommended immediate payment of all valid pending bills after the auditor general had reviewed them.

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

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

Treasury forms expert team to mobilise local capital for development, reduce reliance on loans
Maureen Kinyanjui  |  Jan 23, 2025

The committee's task includes identifying viable PPP projects, such as the expansion of the Jomo Kenyatta International Airport airfield.

Auditor-General urges state to conduct loan scrutiny to avoid costly penalties on taxpayers
Lucy Mumbi  |  Jan 03, 2025

Gathungu highlighted concerns over the improper utilisation of billions in loans and recommended measures to prevent avoidable financial burdens.

Dozens of families left homeless as bulldozers demolish homes in Nairobi's Kayole
Maureen Kinyanjui  |  Dec 17, 2024

Residents of Nyama Villa Estate were woken early in the morning by the deafening sound of bulldozers and the presence of armed police officers.

Kilifi County secures major investments, signs six MoUs with investors
Maureen Kinyanjui  |  Dec 11, 2024

Deputy Governor Flora Chibule announced that the new investments, backed by both local and international investors, are set to have a transformative i...

MPs probe KEMSA over Sh19m overpayment and sale of expired drugs
Maureen Kinyanjui  |  Nov 28, 2024

The National Assembly committee is now calling for greater transparency and oversight in KEMSA's distribution system.

MPs summon Treasury, Transport CSs over audit queries linked to roads agencies
Maureen Kinyanjui  |  Oct 24, 2024

Audits revealed troubling findings, such as numerous incomplete projects, significant pending bills, and delays attributed to contractors.

Senate fines former Kitui governor Charity Ngilu for ignoring summons
Maureen Kinyanjui  |  Oct 09, 2024

Despite Ngilu's absence, the Senate committee questioned former Kitui County Chief Officer of Trade and Investments, Justus Makau.

Ruto calls for Africa to develop independent, sustainable health financing models
Maureen Kinyanjui  |  Sep 24, 2024

The Head of State emphasised the need for Africa to break away from the traditional multilateral funding systems, which he said have repeatedly failed...

Why youths are shying away from long-term investments
Alfred Onyango  |  Sep 17, 2024

Among the youths who do invest, the study notes that they venture mostly into business (42%) and farming (34%).

Kenya formally joins Asian Infrastructure Investment Bank
Mwangi Maina  |  Sep 03, 2024

Ruto stated that this membership would allow Kenya to access concessional funding for a variety of development projects.

Kenya to top its East African peers in investment deals
Alfred Onyango  |  Aug 29, 2024

In November last year, the government unveiled the names of entities that would be handed over to private operators in the State privatisation program...

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