Serrari Group

SMEs in Kenya Losing 60% Revenue Due to Poor Branding: New Report Highlights Urgent Need for Strong Brand Identity

A recent report by Elite Mawu Agency has found that inadequate branding is costing Kenyan SMEs as much as 60% of their potential revenue. The report, titled the Kenya Branding Report Card 2025, paints a concerning picture of the challenges faced by businesses in diverse sectors—including fast-moving consumer goods, manufacturing, real estate, logistics, agriculture, and […]

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RUPHA Assures SHA Patients Admitted Before Suspension of Services Will Receive Treatment

In a significant development amid ongoing challenges in Kenya’s healthcare financing, the Rural and Urban Private Hospitals Association (RUPHA) has issued clear guidelines to ensure that patients enrolled under the Social Health Authority (SHA) scheme continue to receive essential medical treatment. The announcement, made at a press conference on Sunday, comes as private hospitals brace […]

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Kenya Pending Bills Verification Team Approves Ksh 236 Billion in Payments: Treasury PS Outlines Bold Economic Reforms

In a decisive step aimed at boosting fiscal discipline and stimulating economic activity, Kenya’s Pending Bills Verification Committee has approved the payout of Ksh 236 billion from the more than Ksh 600 billion inherited by the Kenya Kwanza administration. Principal Secretary for the National Treasury and Economic Planning, Chris Kiptoo, announced the approval during his […]

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National Government Surpasses Recurrent Budget by KSh 193Bn: A Deep Dive into Fiscal Performance, Challenges, and Future Outlook

In a recent development that has stirred significant discussion among economists and policymakers, Kenya’s National Treasury and Economic Planning headquarters announced that the government exceeded its recurrent budget target for the fiscal year 2024/25 by KSh193 billion. The government’s recurrent expenditure reached KSh1.5 trillion by December 2024—well above the originally targeted KSh1.29 trillion. This performance, […]

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Tea, Coffee Exports Record Decline in Latest KNBS Report: Implications for Kenya’s Economy

Kenya’s economy faces fresh concerns following the latest Kenya National Bureau of Statistics (KNBS) Economic Indicators Report for December 2024, which revealed a sharp decline in tea and coffee exports. These two commodities are among Kenya’s top foreign exchange earners, contributing significantly to the country’s revenue. The decline in their export volumes raises serious questions […]

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KPLC Records Spike in Electricity Consumption Amid Growing Demand in Kenya

The Kenya Power and Lighting Company (KPLC) has recorded a historic peak in electricity demand, reaching 2,316 megawatts (MW) on Wednesday, February 12, 2025. This milestone marks a steady rise in power consumption, driven by industrial growth, infrastructure expansion, and increasing household connections. According to KPLC’s National Control Centre, peak electricity demand has been on […]

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Kenya to Defer Sh88.1 Billion IMF Funding to Next Year

In a strategic move to manage its fiscal responsibilities, Kenya has announced the deferral of Sh88.1 billion in funding from the International Monetary Fund (IMF) to the next financial year. This decision comes as the National Treasury initiates discussions for a new financing programme to succeed the current arrangement set to expire in April. The […]

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New Report Reveals Kenya’s Annual Loss of Sh534 Billion Due to Deforestation and Forest Degradation

Kenya is facing a significant environmental and economic crisis, with a new report revealing that the nation loses approximately Sh534 billion annually due to deforestation and forest degradation. The “Forest Status Report 2024,” released on Tuesday, highlights that the ongoing destruction of forests costs the economy at least three percent of its gross domestic product […]

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Equity Bank Joins Other Lenders in Lowering Lending Rate

Equity Bank has announced a 300 basis point (3 percent) reduction in interest rates for all new and existing Kenya Shilling-denominated credit facilities, a move expected to provide relief to borrowers and stimulate economic growth. The rate reduction, which takes effect on February 13, 2025, for new loans and March 1, 2025, for existing loans, […]

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Kenya’s Stock Exchange Targets 9 Million Retail Investors in New 5-Year Strategy

The Nairobi Securities Exchange (NSE) has unveiled an ambitious five-year strategy aimed at attracting 9 million active retail investors, both domestically and in the diaspora. The initiative, which commenced in February 2024, seeks to rejuvenate Kenya’s capital markets by increasing market participation, modernizing trading infrastructure, and introducing new financial instruments to make investing more accessible […]

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