Kenya Economy News
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Price Fixing Scandal Uncovered in Kenyan Mattress Industry: Companies Under Regulatory Investigation
Regulators are investigating several Kenyan mattress companies for alleged price fixing, raising questions about market fairness and competition in the industry
EconomyPayPal Freezes Kenyan Accounts in Money Laundering Crackdown
Discover how PayPal's recent crackdown on Kenyan accounts due to anti-money laundering measures is affecting freelancers and small businesses, and learn about |
Business & EconomyMarket Volatility Grows on Wall Street Amid Inflation Concerns and Economic Uncertainty
Explore how inflation worries and economic instability are fueling increased volatility on Wall Street and what it means for investors and the economy.
EconomyAgriculture PS Announces Maize Seed Subsidy with New Prices from Kenya Seed Company
Agriculture Principal Secretary Kipronoh Ronoh has announced a targeted maize seed subsidy programme aimed at supporting smallholder farmers during the upcoming long rains planting …
EconomySenators Warn Kenya’s Debt Has Hit KSh 12.3 Trillion, Surpassing Legal Limits
Senators have warned that Kenya’s public debt has now reached KSh 12.3 trillion, surpassing the legal thresholds set by Parliament and raising serious concerns …
BusinessWorld Bank Backs Digital Fare System for Nairobi Public Transport
The World Bank has committed to back a transformative digital fare payment system for Nairobi’s public transport network, allowing commuters to pay matatu, bus …
BusinessKenyan Meat Exporters Lose Sh1 Billion in Week as Middle East Shipments Disrupt
Kenyan meat exporters have suffered losses estimated at Sh1 billion in the past week alone after shipments to several Middle Eastern markets were severely …
BusinessHuawei and Safaricom Launch Sh800/Month Internet for Affordable Housing Residents
Huawei and Safaricom have announced a strategic partnership to provide a low-cost internet service specifically tailored for residents living in homes built under Kenya’s …
BusinessChinese Firm Plans Sh2 Billion Copper Processing Plant in Makueni
A Chinese investment firm has unveiled plans to construct a Sh2 billion copper processing plant in Makueni County, marking a significant step toward value …
BusinessKenya Raises Sh290.6 Billion in New Eurobond Issuances
Kenya has successfully raised Sh290.6 billion through two new Eurobond issuances in international capital markets, marking one of the largest sovereign debt raises by …