November 15, 2022
Kenya: Ministries to Cut Spend On Foreign Travel, Training in Ruto's Austerity Plan
Ministries, Departments, and Agencies(MDAs) are set to fully cut spending on foreign travel, purchase of motor vehicles, and training in the current budget as part of President… Read more »
Kenya: BasiGo Raises Sh804.5 Million to Build More Electric Buses, Charging Stations
Electric buses start-up BasiGo has raised Sh804.5 million ($6.6 million) from international investors to build more electric buses, charging points. Read more »
Kenya: Labour Court Bars National Assembly From Vetting President Ruto's 51 PS Nominees
The Employment and Labour Relations Court has issued a conservatory order stopping the vetting of 51 Principal Secretaries by the National Assembly. Read more »
Kenya: Kenyans Urged to Submit 2023/24 Budget Proposals
The National Treasury and Economic Planning Cabinet Secretary Njuguna Ndung'u has urged Kenyans to submit proposals on tax policy measures to the National Treasury for… Read more »
November 14, 2022
Kenya: Fuel Prices Drop By Sh1 in Latest EPRA Review
The Energy & Petroleum Regulatory Authority (EPRA) has reduced the prices of fuel by Sh1 in its latest price review with a subsidy being retained on kerosene. Read more »
Kenya: Concern Over Action to Be Taken Against Hustler Fund Defaulters
Participants in a public consultation workshop on the hustler fund that was held at Meru Teachers college on Monday raised concern over the measures set to be taken against… Read more »
Kenya: Nyeri Set to Host Three Counties on Public Consultations Meetings on Hustler Fund
Nyeri County is expected to host three counties during public consultative forums on the proposed Public Finance Management (Financial Inclusion Fund) (Hustlers Fund)… Read more »
Kenya: Kenyans Encouraged to Submit Proposals on Tax Policy to Treasury CS
Treasury Cabinet Secretary Njuguna Ndung'u has urged Kenyans to submit proposals on tax policy measures to the National Treasury for consideration in preparation of the Finance… Read more »
Kenya: Government Seeks Public Views on 'Hustler Fund'
The Government is seeking views from the members of public on the 'Hustler Fund', which seeks to offer small enterprises affordable loans. Read more »
Kenya: I Will Fast Track Disbursement of CDF Funds Once AG Okays It - Treasury PS Nominee Chris Kiptoo
The fate of the disbursement for National Government Constituency Development Fund (NG-CDF) currently lies with the Attorney General Justin Muturi who will advise the National… Read more »
Kenya: Treasury PS Nominee Chris Kiptoo Vows to Cut Wastage in Ministries
National Treasury Principal Secretary nominee Chris Kiptoo says that cuts on government expenditure will enable government reduce the budget deficit which currently amounts to Sh1… Read more »
November 11, 2022
Kenya: President Ruto Directs Public Institutions to Clear All Pension Liabilities
President William Ruto has tasked all public institutions to develop a framework that will ensure all outstanding pension liabilities are paid up in full within the next two years. Read more »
November 14, 2022
Kenya: Marsabit, Garissa and Samburu Top in Level of Debt Distress
Marsabit, Garissa, and Samburu counties recorded the highest level of debt distress in 2021 attributed to climate-related shocks in the areas, a new survey shows. Read more »
Kenya: Treasury PS Nominee Chris Kiptoo Pledges to Widen Tax Base, Increase Compliance
The National Treasury Principal Secretary Chris Kiptoo has pledged to robustly engage in formulating framework to widen the taxbase and increase tax compliance as fiscal… Read more »
Kenya: Tea Prices Dip Slightly As Demand Shrinks
Tea prices dipped slightly at last week's Mombasa auction amid irregular demand for the commodity. Read more »
November 12, 2022
West Africa: Kenya Heads to West Africa for Arab International SMEs Conference and Expo
Five Kenyan SMEs are exhibiting at the Arab International SMEs conference and expo (SMEX ALGERIA) scheduled for 12th to 14th November 2022 in Algiers, Algeria. Read more »
Kenya: President Ruto Says Govt to Postpone Some Election Pledges as Economy Stabilizes
President William Ruto says the government will have to postpone some of the projects yet to be launched and relook at certain interventions in a bid to stabilize the economy. Read more »
Kenya: Shops Suspected of Selling Underweight Goods in Lodwar Closed
Turkana County Government has closed down five shops in Lodwar town following a crackdown on unscrupulous traders who are suspected of selling underweight goods. Read more »
Kenya: Treasury Launches Regulations for Sh50 Billion Hustler Fund Operationalization
Treasury Cabinet Secretary Njuguna Ndung'u has published regulations that will govern the Sh50 billion Hustler's Fund under the Public Finance Management Act. Read more »
November 11, 2022
Kenya: Kenya Export Earning to China Hits Sh1.7 Billion
Despite climate change challenges affecting the horticulture sector, Kenya was able to hit the Sh1.7 billion mark in export earnings to China in three months. Read more »
Kenya: Safaricom to Introduce Mobile Numbers for Juniors
Safaricom will introduce mobile numbers for juniors, allowing them to save money on M-Pesa, text or make calls. Read more »
Kenya: Safaricom Ethiopia Generates Sh98.3 Million in First Month
Safaricom Ethiopia generated a Sh98.3 million in first month of operation, coming just one month after it officially launched its telecommunication services in the horn of African… Read more »
November 10, 2022
Kenya: Faulu Bank Expands Digital Services as It Eyes a Youthful Customer Base
Faulu Bank is set to expand its digital offering as it seeks to boost customer experience, offer convenience, and tap into the youthful customer base. Read more »
Kenya: J.M Kariuki's Daughter Rosemary to Head Business and Hustler Opportunities Docket in Sakaja's Cabinet
Rosemary Kariuki, the daughter to the late socialist politician Josiah Mwangi popularly referred as J.M, is set to head the Business and Hustler opportunities docket, in Governor… Read more »
Kenya: East African Portland Cement Unveils Green Cement
East African Portland Cement Plc has unveiled a Green Triangle Cement to minimise carbon emissions. Read more »