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Finance Bill 2025: Ruto's Government Pledges Tax Relief
Business

Finance Bill 2025: Ruto's Government Pledges Tax Relief

Kenya's Cabinet has pledged reduced taxes for the upcoming fiscal year to alleviate public concerns amid anticipation of the Finance Bill 2025, which remains closely guarded.  Despite National Assembly Speaker Moses W…

May 1, 2025
BCLB Targets 58 Unlicensed Gambling Platforms in Nationwide Regulatory Sweep
Business

BCLB Targets 58 Unlicensed Gambling Platforms in Nationwide Regulatory Sweep

Kenyan authorities have escalated their efforts to regulate the burgeoning gambling industry, targeting unregulated betting operations and tightening oversight over licensed firms.  The Betting Control and Licensing B…

Apr 30, 2025
Maize Shortage in Kenya Pushes Ugali Prices Higher Amid Supply Crisis
Business

Maize Shortage in Kenya Pushes Ugali Prices Higher Amid Supply Crisis

Kenya's maize supply is under severe strain, triggering a surge in maize flour prices and pushing households across the nation into heightened economic uncertainty.  The crisis, driven by a confluence of local and reg…

Apr 29, 2025
Kenya Imposes Month-Long Ban on Gambling Ads
Business

Kenya Imposes Month-Long Ban on Gambling Ads

Kenya's Betting Control and Licensing Board (BCLB) has enacted an immediate, month-long prohibition on all gambling-related advertising across various media platforms.  The suspension, announced on Tuesday, April 29…

Apr 29, 2025
Kenya Considers Tax Amendments to Spur Manufacturing
Business

Kenya Considers Tax Amendments to Spur Manufacturing

Kenya's National Assembly is currently deliberating critical amendments to the country's tax laws, intending to stimulate investment in the manufacturing sector and reduce costs within the power industry.  The propose…

Apr 22, 2025
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Trump Tariffs Threaten 180,000 Kenyan Jobs in Export Sectors
Business

Trump Tariffs Threaten 180,000 Kenyan Jobs in Export Sectors

Kenya's export sector, particularly textiles and agriculture, is bracing for significant challenges following the imposition of a 10% tariff on Kenyan goods by the United States, effective last Wednesday.  The move th…

Apr 10, 2025
Kenya Parliament Considers Social Media Feedback in National Budget Process
Business

Kenya Parliament Considers Social Media Feedback in National Budget Process

Kenya's National Assembly is considering a groundbreaking initiative to incorporate social media discussions into the public participation process for budget formulation.  This move comes as the country grapples with…

Apr 8, 2025
NSE Targets 9 Million Local Investors and 40 New Listings by 2029
Business

NSE Targets 9 Million Local Investors and 40 New Listings by 2029

The Nairobi Securities Exchange (NSE) is embarking on an ambitious strategic plan for 2025-2029, seeking to inject new vitality into Kenya's capital markets.  The exchange aims to attract nine million local retail inv…

Apr 4, 2025
How Mitumba Trade and Corruption Landed Kenya on Trump's Tax Penalty List
Business

How Mitumba Trade and Corruption Landed Kenya on Trump's Tax Penalty List

The United States has escalated its trade dispute with Kenya by implementing a 10 percent reciprocal tariff on Kenyan exports President Donald Trump has initiated the move in response to alleged trade barriers. The de…

Apr 4, 2025
Trump Administration Imposes 10% Tariff on Kenyan Exports
Business

Trump Administration Imposes 10% Tariff on Kenyan Exports

President Donald Trump's administration has implemented a 10% reciprocal tariff on all goods imported from Kenya.  Announced from the White House Rose Garden and dubbed "Liberation Day," the tariff is part of a broade…

Apr 3, 2025
How 10,000 Farmers Are Turning Rabbit Breeding into Profitable Venture in Coastal Kenya
Business

How 10,000 Farmers Are Turning Rabbit Breeding into Profitable Venture in Coastal Kenya

Rabbit farming is rapidly gaining traction as a viable and sustainable livelihood option in Mombasa County, Kenya, the nation's smallest county by landmass. Approximately 10,000 farmers are now engaged in cuniculture…

Mar 5, 2025
Kenya's Kibera Slum Embraces Digital Currency as Mama Mbogas Accept Bitcoin Payments
Business

Kenya's Kibera Slum Embraces Digital Currency as Mama Mbogas Accept Bitcoin Payments

In Kibera, Kenya, the fintech platform Afribit is pioneering a novel approach to waste management and financial inclusion by utilizing Bitcoin as a payment system. The initiative addresses both the severe waste dispos…

Mar 2, 2025
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Nairobi Hosts First Digital Media Factory as Kenya Targets One Million New Jobs
Business

Nairobi Hosts First Digital Media Factory as Kenya Targets One Million New Jobs

Kenya aims to generate one million jobs within two years through a new initiative establishing Digital Media Factories (DMFs) across the country. Senior Advisor in the Council of Economic Advisors, Moses Kuria, launch…

Feb 26, 2025
Kenya Considers Tourism Over Manufacturing as Key Economic Driver
Business

Kenya Considers Tourism Over Manufacturing as Key Economic Driver

As Kenya grapples with sluggish growth in its manufacturing sector and explores ways to diversify its economic drivers, tourism has emerged as a promising alternative, garnering support from economic experts and indus…

Feb 24, 2025
Kenya's Avocado Boom Creates Wave of Rural Millionaires
Business

Kenya's Avocado Boom Creates Wave of Rural Millionaires

Kenya’s avocado industry is experiencing rapid growth, transforming the economic landscape for smallholder farmers as global demand for the fruit surges. In 2024, avocado exports generated $159 million in revenue, an…

Feb 22, 2025
Nairobi Firm Fined Sh450,000 for Using Lecturer's Data in CBK Tender Bid
Business

Nairobi Firm Fined Sh450,000 for Using Lecturer's Data in CBK Tender Bid

Geosky Services Limited, a property valuation firm based in Nairobi, has been ordered to pay KSh 450,000 in damages for the unauthorized use of a lecturer’s personal data. The ruling was issued by Data Commissioner Im…

Feb 19, 2025
JKIA Records 1.5M International Arrivals, Government Approves Upgrades
Business

JKIA Records 1.5M International Arrivals, Government Approves Upgrades

Jomo Kenyatta International Airport (JKIA) is solidifying its status as a leading aviation hub, with international passenger arrivals rising by 1.9% in 2024 compared to the previous year, according to the Kenya Nation…

Feb 18, 2025
Kenya Raises Duty-Free Limit to Sh250,000, Announces Major JKIA Airport Upgrades
Business

Kenya Raises Duty-Free Limit to Sh250,000, Announces Major JKIA Airport Upgrades

The Kenyan Cabinet has approved a new duty-free import policy that raises the limit for visitors from Sh50,000 to Sh250,000. This fivefold increase aims to alleviate conflicts between travellers and port authorities…

Feb 12, 2025
Kenyan Treasury Eyes Animal Transport to Cut Government Spending
Business

Kenyan Treasury Eyes Animal Transport to Cut Government Spending

The Kenyan government has introduced a bold strategy in response to soaring fuel costs, which have escalated to Sh14.3 billion. As part of its 2024 draft policy, the administration is exploring the adoption of alterna…

Feb 6, 2025
Only 2% of Kenyans Drive to Work, 73% Walk
Business

Only 2% of Kenyans Drive to Work, 73% Walk

A recent report has revealed that a mere two percent of the workforce relies on private cars for travel to work. In urban areas, six percent of workers opt for private vehicles, compared to just 1.4 percent in rural r…

Jan 27, 2025
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