May 17, 2023
Kenya: Kenyan Tycoon Mwale to Invest in Consortium Buying Forbes - Report
Kenyan tycoon Julius Mwale the founder of US $ 2 billion Mwale Medical and Technology City (MMTC) has been named as one of the key investors in Forbes acquisition for US $ 800… Read more »
Kenya: Kenya Power Targets 280,473 Homes With Cheap Connectivity
Kenya Power has announced the return of the last mile electrification project (LMCP), which will connect households to the national grid under a subsidized program. Read more »
Kenya: Public Service Vehicles Mulling Raising Fares Amid High Fuel Cost
Operators of public service vehicles (PSVs) have threatened to raise fares due to the high cost of fuel, resulting in lower earnings. Read more »
Kenya: Canada Dismisses Mutua's Tweet on Employment Opportunities for Kenyans
Canada has dismissed a tweet by Kenya's Foreign Affairs CS Alfred Mutua that there are massive employment opportunities for Kenyans in the north American country. Read more »
Kenya: Canada Refutes Claims of Employment Deal With Kenya
Canada has refuted recent reports regarding an employment deal with Kenya that would allow Kenyans to travel to the North American country. Read more »
Kenya: Kenya to Host Network of Africa Data Protection Authorities Summit
Kenya has been voted to host the next Network of Africa Data Protection Authorities (NADPA) general assembly slotted for next year in a meeting held in Burkina Faso. Read more »
Kenya: Kakuzi to Put Up Macadamia Oil Extraction Plant
Agricultural firm Kakuzi is set to commission a macadamia oil extraction plant to meet the growing demand for value-added products within its superfood portfolio. Read more »
May 13, 2023
East Africa: Region to Unlock Regional Economic Benefits, Constitutional Experts Say
Kenya is bound to realize more economic benefits with deepened regional integration and free trade in East Africa. Read more »
May 11, 2023
Kenya: Safaricom Ethiopia Gets Licence to Offer M-Pesa Services
Safaricom Ethiopia has been granted a licence by the National Bank of Ethiopia, allowing the telco to expand its lucrative mobile money business to the untapped Horn of Africa… Read more »
Kenya: Safaricom, Lake Region Bloc in Deal to Accelerate Digital Transformation
A total of 14 counties in the expansive Lake Region Economic Bloc (LREB) will benefit from Safaricom's ICT, financial and infrastructure products. Read more »
Kenya: Govt Seeks New System to Identify the Needy in Social Protection Reforms
The government is considering a revamped identification matrix to help correctly identify needy and vulnerable households across all 47 counties. Read more »
Kenya: Safaricom Pays Sh20.5 Billion for M-Pesa Licence in Ethiopia
Safaricom has paid a total of Sh20.5 billion ($150 million) to get a mobile financial services licence from the Ethiopian government. Read more »
Kenya: Kenya-Israel Agree to Eliminate Trade Barriers
Kenya and Israel will work together to eliminate barriers to trade between them. Read more »
May 10, 2023
Kenya: Kenya to Export 700,000 Cattles to Indonesia Yearly
Kenya will from this year begin to export 700, oo0 cattles to Indonesia as the Government seeks to diversify its export. Read more »
May 09, 2023
Kenya: Uwezo Fund Empowers Women Groups in Kericho
Uwezo fund which is a flagship programme for Vision 2030 that enables women, youth, and Persons with Disabilities to access finances to promote their businesses and enterprises at… Read more »
May 10, 2023
Kenya: Coffee Farmers in Mt Kenya Push for Guaranteed Minimum Returns
Coffee farmers in Mt Kenya region have asked the government to set up a fund that will cushion them against fluctuating prices by establishing a guaranteed minimum return for their… Read more »
Kenya: Religious Leaders, Teachers Fault Govt's Proposed Finance Bill
Religious leaders and secondary school teachers have raised concerns over the government's plan to raise taxes through the proposed Finance Bill 2023. Read more »
Kenya: Energy Ministry to Build Cow Dung Biogas Plants in 20 Counties
The Ministry of Energy is looking to build domestic masonry biogas plants using cow dung in 20 counties. Read more »
Kenya: Kenya, East Africa Real Estate Sector Ready for Investments
East Africa's real estate sector will continue to witness an increase in capital investment chiefly from international real estate funds and institutional players. Read more »
May 09, 2023
Kenya: Tea Farmers in Nyeri Seek Financial Autonomy for Factories
Tea farmers in Nyeri County want individual tea factories given financial autonomy through the amendment of the tea management agreement with the Kenya Tea Development Agency… Read more »
Kenya: Aviation Experts Converge in Nairobi for Continent-Wide Technical Meeting
Aviation experts from Africa are meeting in Nairobi for a four-day technical meeting that will review collaborations in the continent to enhance aviation safety in Africa. Read more »
Kenya: SC Ventures Unveils Online Marketplace for Kenyan Farmers
SC Ventures, the fintech, investment, and ventures arm of Standard Chartered bank, has launched a B2B agritech marketplace that will support e-commerce transactions for smallholder… Read more »
May 10, 2023
Kenya: Embu Losses Millions Annually in Payroll Mismanagement
The County Government of Embu has been losing approximately Sh20 million annually through payroll mismanagement and discrepancies. Read more »
Kenya: Kenya, Netherlands to Strengthen Bilateral Trade
Kenya and the Netherlands are looking to strengthen trade deals that will allow citizens of both countries to prosper. Read more »
May 09, 2023
Kenya: Deloitte Warns Proposed Tax Bill Will Hurt the Economy
Deloitte has warned that the proposed Finance Bill 2023 will have a big impact on the country's economy, which is slowly rebounding from the Ukraine-Russia war and coronavirus. Read more »