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In a candid and thought-provoking interview on Citizen TV, National Treasury Cabinet Secretary John Mbadi warned that Kenya is burdened with an extraordinarily expensive government. According to Mbadi, the high costs of running the national administration, particularly through enormous salary payments and hefty debt servicing obligations, are choking the country’s fiscal space and slowing down […]

In a landmark move that underscores the growing importance of sustainable agriculture in Kenya, Proparco, the French development finance institution, together with Equity Group, has signed a groundbreaking agreement. The grant—totaling Sh141,260,000 in technical assistance—is earmarked for the implementation of the “Climate Resilient Agri-Food Systems” (CRAFS) project by the Equity Group Foundation (EGF). The initiative […]

Sudan has taken a dramatic diplomatic step by suspending all imports from Kenya—a move that signals a deepening rift between the two nations. The decision comes in the wake of Kenya hosting representatives of the Rapid Support Forces (RSF) last month, during which these controversial figures signed a charter to establish a parallel government in […]

Kenya announced on Monday its ambitious plan to boost its dairy product exports to nine billion Kenyan shillings—approximately $69.5 million—in 2025, a substantial jump from 7.3 billion Kenyan shillings in 2023. This bold target comes as the country works to consolidate its growing reputation as a key player in the global dairy market. The Kenya […]

Kenya and the International Monetary Fund (IMF) have reached a significant turning point in their economic engagement as formal talks on a new lending programme commence. This development comes after both sides mutually agreed to forgo the ninth review of the current $3.6 billion programme under the Extended Fund Facility (EFF) and Extended Credit Facility […]

Kenya is at a critical crossroads in its fight against HIV. With key drugs rapidly depleting and several HIV clinics forced to close, the country now urgently requires an additional Sh5.24 billion to sustain its HIV response until June. Over the longer term, Kenya will need Sh13.5 billion for the 2025/2026 fiscal year. This desperate […]

The Energy and Petroleum Regulatory Authority (Epra) is finalizing its review of a groundbreaking deal that could reshape East Africa’s power trade. The agreement involves transporting 100MW of electricity from Ethiopia to Tanzania, with Kenya’s transmission infrastructure playing a pivotal role in the transit. If approved, the deal will mark another milestone in the region’s […]

In a decisive move to transform Kenya’s economic landscape and foster gender equality, the Cabinet has approved the National Policy on Women’s Economic Empowerment. This landmark initiative aims to dismantle systemic barriers, create an enabling environment for women entrepreneurs, and drive sustainable development across the country. Aligned with Kenya’s Constitution, Vision 2030, and the Bottom-up […]

In a major step towards enhancing financial connectivity and promoting intra-African trade, KCB Group in Kenya and the Bank of Kigali in Rwanda have officially integrated the Pan-African Payment and Settlement System (PAPSS) into their operations. This integration marks a significant milestone in the digital transformation of Africa’s financial services sector, enabling faster, cheaper, and […]

In a landmark move to bolster Kenya’s vibrant micro, small, and medium enterprises (MSMEs) sector, the Kenya Revenue Authority (KRA) has unveiled its new Micro & Small Taxpayers (MST) Department. This strategic initiative is designed to simplify tax compliance, provide customized support, and stimulate economic growth among small businesses—a critical engine of Kenya’s economy. Under […]