Serrari Group

Kenya partners with Korea to boost rice production, enhance food security, and cut imports through tech-driven, sustainable farming innovations

In a strategic move set to significantly bolster its food security and reduce a hefty import bill, Kenya has embarked on a groundbreaking partnership with the Republic of Korea to dramatically boost local rice production. This collaboration, spearheaded by the Kenya Agricultural and Livestock Research Organisation (KALRO) and Korea’s Rural Development Administration (RDA) through its […]

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Kenya’s SEZ program gains momentum with Tatu City leading as a model for investment-driven urban development 

Kenya is embarking on a bold and transformative economic journey, with its Special Economic Zone (SEZ) program taking center stage as a key driver for attracting both local and international investment. At the forefront of this ambitious agenda is Tatu City, the sprawling 5,000-acre mixed-use development, which the government has lauded as the quintessential blueprint […]

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EPRA Announces Significant Fuel Price Hike in Kenya

Kenyan consumers are bracing for a substantial increase in the cost of living following a major announcement by the Energy and Petroleum Regulatory Authority (EPRA). In its latest monthly review, EPRA revealed a significant upward adjustment in the retail prices of Super Petrol, Diesel, and Kerosene, effective from Monday, July 15, to Thursday, August 14, […]

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Kenya’s Domestic Borrowing Surges Past KSh 6.1 Trillion

Kenya’s domestic debt has officially crossed the formidable KSh 6.1 trillion mark, reaching KSh 6.311 trillion as of July 4, 2025. This significant milestone, revealed by the latest figures from the Central Bank of Kenya (CBK), underscores the government’s increasing reliance on the local financial market to fund its operations. This surge, representing a nearly […]

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Kenya Revenue Authority surpasses revenue target, collecting Kshs. 2.571T and achieving 100.6% performance 

In a significant triumph for fiscal management and national development, the Kenya Revenue Authority (KRA) has announced that it has successfully surpassed its revenue target for the Financial Year 2024/2025. Despite a challenging economic landscape, the taxman collected an impressive Kshs. 2.571 Trillion, exceeding the revised target of Kshs. 2.555 Trillion. This remarkable achievement represents […]

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Unilever and Equity Bank launch KES 2.4B distributor financing to boost Kenya’s manufacturing

Global consumer goods giant Unilever and leading East African financial institution Equity Bank have announced a strategic partnership to roll out a comprehensive Distributor Financing Solution. This groundbreaking initiative, backed by an annual investment of KES 2.4 billion (approximately $18.5 million USD), is meticulously designed to strengthen manufacturing supply chains, dramatically improve product availability, and […]

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Uganda–Kenya Trade and Investment Mission Forges New Path for East African Economic Integration

A new chapter in East African economic cooperation officially commenced on July 6, 2025, with the launch of the Uganda–Kenya Trade and Investment Mission at the Hilton Garden Inn, Kampala. This four-day high-level engagement, concluding on July 9, has brought together a formidable delegation of diplomats, government officials, and private sector leaders from both Uganda […]

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Cyprus Deepens Ties with Kenya: A New Era of Bilateral Cooperation Unfolds

In a significant diplomatic stride, the Republic of Cyprus has officially inaugurated its embassy in Nairobi, marking a pivotal moment in its burgeoning relationship with Kenya. The ceremonial opening, attended by Kenya’s Prime Cabinet Secretary and Cabinet Secretary for Foreign and Diaspora Affairs, Musalia Mudavadi, and his Cypriot counterpart, Minister for Foreign Affairs Constantinos Kombos, […]

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Kenya’s Bold Move: Safeguarding $2 Billion in Foreign Inflows Amidst Economic and Political Volatility

In a decisive move to fortify its economic resilience and reassure international investors, Kenya has finalized a landmark agreement aimed at shielding over Ksh260 billion (approximately $2 billion) in foreign investments from the vagaries of political and economic uncertainties. This significant development comes just days after nationwide protests raised considerable concerns over the country’s investment […]

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Kenya loses $1.5B yearly to corruption and financial leaks, hindering growth despite a projected 5% economic rise in 2025, says AfDB report

Kenya, a vibrant East African economic hub, finds itself at a critical juncture, grappling with persistent challenges of corruption, illicit financial flows, and inefficient public spending that are severely impacting its development trajectory. A recent and comprehensive report by the African Development Bank (AfDB) sheds stark light on the magnitude of these issues, revealing that […]

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