December 13, 2023
Kenya: 39% of Kenyans See Rising Cost of Living as Primary Challenge Since President Ruto Took Office, TIFA Report Shows
A new survey by TIFA has revealed that 39% of Kenyans consider the increasing cost of living as the most prominent challenge since President William Ruto assumed office. Read more »
Kenya: Kenya Taps World Bank Fund to Create Up to 45,000 New Jobs
More than 45,500 Kenyans are set to access new job opportunities after the World Bank (WB) approved the Kenya Jobs and Economic Transformation Project (KJET). Read more »
Kenya: Economic Strain Palpable Across Political Divide, Govt Supporters Hesitant to Admit - TIFA
Kenyans across the political divide have expressed concern over the worsening financial fortunes in a new poll published on Wednesday by research firm TIFA. Read more »
Kenya: 87% of Kenyans Cutting Personal Expenditure Amid Rising Cost of Living - TIFA
A new research by TIFA has shed light on the financial challenges faced by Kenyan citizens due to the soaring cost of living. Read more »
Kenya: Copia Inks a Deal With Visa for Digital Financial Services
Global and Visa have partnered to provide digital financial services to middle- to low-income consumers in Kenya. Read more »
Kenya: Kenya's Debt Distress Averted as Economy Gains Stability, Says President William Ruto
President William Ruto has announced that Kenya has successfully averted the threat of debt distress, emphasizing that the nation's economy is on a stable and sustainable path. Read more »
December 12, 2023
Kenya: Ruto Says Kenya Out of Debt Distress, Defends Reforms as 'Only Way and Means of Escape'
President William Ruto has defended his economic reform agenda as the 'only way and means of escape' even as he reported that the country was finally out of debt distress. Read more »
Kenya: Ruto Says META to Pay Content Creators After Year-Long Negotiations
President William Ruto has announced that Facebook and Instagram will be paying content creators using META platforms following the conclusion of negotiations led by the… Read more »
Kenya: President Ruto Visits Huawei-YouthConnekt Africa Job Fair at Largest Youth Event in Africa
President William Ruto opened the YouthConnekt Africa Summit 2023 at KICC, starting with a visit to the job fair co-organized with Huawei and supported by the Kenya-China Economic… Read more »
December 11, 2023
Kenya: KRA Revenue Hits Sh1 Trillion Amid Tough Economic Challenges
The Kenya Revenue Authority (KRA) has collected Sh1.03 trillion in revenue between July and December 8th, 2023. Read more »
Kenya: Energy CS Chirchir Attributes December 10's Nationwide Blackout to Transmission Overload
Energy Cabinet Secretary (CS) Davis Chirchir has attributed Sunday's countrywide blackout to a transmission overload along the Kisumu-Muhoroni line in the western part of Kenya. Read more »
Kenya: Court Bars EPRA From Reviewing Fuel Prices Upward Following Suit By Kituo Cha Sheria
The High Court has issued conservatory orders barring the Energy and Petroleum Regulatory Authority (EPRA) from reviewing fuel prices upward following the hearing an determination… Read more »
Kenya: Kenya Roads Board Identifying Black Spots Due to Rising Road Accidents
The Kenya Roads Board has started an exercise of identifying black spots due to the alarming fatalities of road accidents. Read more »
December 12, 2023
Kenya: National Transport and Safety Authority Set to Increase Service Charges in a New Proposal
The National Transport and Safety Authority (NTSA) is planning to increase service costs by up to 3,900 percent. Read more »
December 11, 2023
Kenya: Govt Prioritizes Dueling of Malaba - Eldoret Highway to Boost Business Efficiency, Revenue Collection
The government has prioritized dueling of Malaba-Eldoret highway as a legacy project to enhance its trade thus boosting revenue collection beyond Sh7 billion at Malaba OSBP. Read more »
December 09, 2023
Kenya: Govt to Create 1,450 Digital Hubs in Every Ward, President Ruto Says
President William has announced that the government will create 1,450 digital hubs in every ward. Read more »
Kenya: President Ruto Urges African Nations to Address Trade Barriers Hindering Youth Entrepreneurship
President William Ruto has appealed to African governments to address trade barriers hindering youth entrepreneurship. Read more »
Kenya: Kenya Airways Announces Two-Week Flight Disruptions Due to Spare Part Challenges
Kenya Airways has announced flight interruptions for two weeks over the spare part challenge. Read more »
Kenya: Raila Odinga Slams President Ruto for Seeking Jobs Abroad, Govt Responsible to Create Jobs
Azimio la Umoja one Kenya coalition leader Raila Odinga has slammed President William Ruto's step to seek Jobs abroad. Read more »
December 11, 2023
Kenya: Rice Farmers Counting Heavy Losses Due to Floods
Rice farmers within the West Kano Irrigation Scheme are staring at a Sh50 million loss after flood water marooned rice under farms. Read more »
Kenya: Kenyan Investor Raises Alarm Over Changing Banking Trends On Borrowing
In a surprising twist within Kenya's banking sector, a notable shift is underway as financial institutions increasingly target guarantors rather than primary borrowers when loans… Read more »
Kenya: Kenya Power Says Electricity Restored in Most Parts of the Country
Kenya Power has announced that they have managed to restore power in most parts of the country, and restoration of power in the coast and the remaining sections of Nairobi is still… Read more »
East Africa: Over 300 Kenyan MSMEs Showcase Products at EAC Trade Fair
Over 300 MSMEs from all 47 counties are representing Kenya during the ongoing 23rd Edition of the East African Community (EAC) Micro, Small, and Medium Enterprises (MSMEs) Trade… Read more »
December 10, 2023
Kenya: Kenya Power's 4 Minority Shareholders Elected
Four minority shareholders have been elected to sit on the Kenya Board of Directors. Read more »
Kenya: Govt Spokesman Mwaura Urges Kenyans to Avoid Night Travels, Unnecessary Trips Due to Heavy Rains
Government Spokesman Isaac Mwaura has urged Kenyans to avoid night travels and unnecessary trips due to the challenges posed by heavy rains which have rendered some roads… Read more »