Trade Stories

Trade CS nominee Lee Kinyanjui: How I plan retain investors leaving Kenya
Lucy Mumbi  |  Jan 14, 2025

Kinyanjui further explained that the country’s unpredictable tax policies and changing duties were contributing to the challenges faced by investors.

Somali community in Lamu expresses concerns over exclusion from livestock trade
Charles Adinda  |  Jan 13, 2025

The leaders further implored the government to involve them more in the livestock export trade that is regionally facilitated by the Lamu port, saying...

Increased shipments to Somalia boost Kenya's exports to East African Community to Sh85 billion
Maureen Kinyanjui  |  Jan 11, 2025

Without Somalia's contribution, Kenya's exports to the other EAC member states would have fallen by Sh4.2 billion, or five per cent, to Sh80.2 billion...

Trade unions registrar rejects Kuppet’s proposal to have its officials retire at 65
Lucy Mumbi  |  Jan 09, 2025

The decision by the registrar also follows objections from union members on both procedural and substantive grounds.

Kenya fast-tracks Suam Border Post construction to boost trade with Uganda
Maureen Kinyanjui  |  Jan 07, 2025

The Suam OSBP, a joint initiative by Kenya and Uganda, is designed to centralise operations such as immigration, customs, security, and sanitary inspe...

Escalating Red Sea vessel attacks risk negating Kenya’s easing inflation as shipment of essential goods affected
Alfred Onyango  |  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...

Three wildlife traffickers arrested, Sh2.9m rhino horn seized in Homa Bay operation
Rachael Mutabasi  |  Jan 02, 2025

The operation, hailed as a significant victory in the fight against illegal wildlife trade unfolded at Rodi Market in Homa Bay County.

How Eastleigh businesses remained resilient in the face of Gen Z protests
Abdirahman Khalif  |  Dec 31, 2024

In the subsequent demonstrations, Eastleigh’s business community continued to focus on recovery, hoping for stability in the months ahead.

Kenyan banks free to enter Ethiopian market after removal of foreign cap
Charles Adinda  |  Dec 18, 2024

Plans to liberalise the country's financial market began in June 2023 when Ethiopia unveiled plans to issue up to five banking licenses to foreign inv...

Bill proposes harsh penalties to curb illegal blood trade in Kenya
Lucy Mumbi  |  Dec 11, 2024

To tackle the illegal trade, the Bill proposes fines of Sh20 million and licence revocation for institutions found guilty of contravening the law

Kenya and Tanzania to launch cross-border electricity transmission line
Eastleigh Voice Reporter  |  Dec 08, 2024

This collaboration positions Tanzania as Kenya's third electricity trade partner after Ethiopia and Uganda.

Vipingo Free Trade Zone set to transform Kilifi's Economy - Ruto
Maureen Kinyanjui  |  Dec 05, 2024

The new SEZ will be home to over 200 industries across key sectors such as agro-processing, manufacturing, green energy, pharmaceuticals, IT, and logi...

MPs propose exempting small traders from eTIMS compliance to ease burden
Lucy Mumbi  |  Dec 04, 2024

If Parliament approves the Finance Committee's recommendations, small businesses may be relieved of the compliance burden that has made it difficult f...

Ruto's praise for Tanzania overtaking Kenya in regional trade stirs online debate
Lucy Mumbi  |  Dec 01, 2024

Ruto acknowledged Kenya's decline in regional trade leadership while applauding Tanzania for being at the forefront.

WTO chief Okonjo-Iweala reinstated for second term as trade wars loom
Reuters  |  Nov 29, 2024

Okonjo-Iweala, a former Nigerian finance minister, made history in 2021 by becoming the WTO's first female and first African director-general.

COP29 agrees deal to kick-start global carbon credit trading
Reuters  |  Nov 24, 2024

The agreement hinged on ensuring credibility in the system so it can reliably lead to reductions in greenhouse gas emissions driving climate change.

Strategic deal with SMEs to cement Kenya-Europe trade agreement
Alfred Onyango  |  Nov 22, 2024

Under the deal, Kenya would also benefit from other provisions that consider its development needs such as special safeguards for agriculture, measure...

Government calls for enhanced measures to tackle illicit arms trade
Lucy Mumbi  |  Nov 20, 2024

He emphasised the need to bolster coordination and improve information sharing to combat the proliferation of small arms and light weapons effectively...

Worry for herders as Lamu Port's livestock export venture loses steam
Farhiya Hussein  |  Nov 17, 2024

The Sh310 billion Lamu Port, which was operationalised on May 20, 2021, introduced livestock export trade for the first time in history from Lamu to O...

MPs probe multi-billion-shilling rice import scandal, demand answers from Mvurya
Amina Wako  |  Nov 15, 2024

Senator Chute has requested that CS Mvurya provide a detailed breakdown of all payments made by KNTC to suppliers.

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