In a recent report by the Financial Times, Kenya emerges as a notable contender in Africa’s business arena, securing the third position among countries with the fastest-growing companies. With an impressive eleven firms featured on the list of 125 rapidly expanding enterprises, Kenya showcases its resilience and innovation amidst economic challenges exacerbated by the COVID-19 […]

In a significant step towards sustainable development, key stakeholders in Kenya’s environmental conservation sector are gathering in Nairobi to strategize on unlocking the nation’s potential as a global hub for green jobs and digital work. This initiative is being led by the government in collaboration with Jacob’s Ladder Africa, International Labour Organisation (ILO), United Nations […]

President William Ruto has revealed a significant plan to raise Kenya’s tax revenue from the current 14% to 22%, a move aimed at bolstering the nation’s financial health and reducing dependence on external borrowing. Speaking to Harvard Business School’s Class of 2025 at State House on May 15, President Ruto detailed a phased approach to […]

Kenya and the European Union have solidified their economic partnership with the signing of the Economic Partnership Agreement (EPA) on Tuesday. The ceremony, hosted at Nairobi’s State House and attended by the EU Delegation led by Ambassador Henriette Geiger, marks a significant step towards enhancing trade and investment between the two regions. President William Ruto […]

Today marks a pivotal moment in Kenya’s fiscal arena as the Finance Bill 2024 takes center stage in a special parliamentary session. This legislative initiative aims to introduce a series of tax reforms and empower the Kenya Revenue Authority (KRA) with newfound authority, sparking debates and discussions nationwide. The Finance Bill 2024 proposes significant changes […]

Kenya, alongside Ethiopia, Rwanda, Tanzania, and Uganda, has been chosen to spearhead the COMESA East Africa Communality (EAC) Horticultural Accelerator (CEHA) initiative. CEHA aims to enhance the horticultural sector across Eastern and Southern Africa. Dr. Mohamed Kadah, Assistant Secretary General Programmes at the COMESA secretariat, outlined CEHA’s vision during the launch of its Kenya Chapter. […]

After weeks of negotiations and mounting pressure, Kenya’s medical landscape is poised for a significant shift as doactors and the government have finally reached a landmark agreement to end the prolonged strike that has gripped the nation since mid-March. In a televised ceremony witnessed across the country, representatives from the Kenya Medical Practitioners, Pharmacists, and […]

Kenya is poised to make history as the first African nation to synchronize its data protection infrastructure with the European Union, marking a significant stride in safeguarding digital assets. At the ninth Network of African Data Protection Authorities (NADPA-RAPDP) Annual General Meeting (AGM), European Deputy Ambassador Ondrej Simek commended Kenya’s proactive approach towards data security, […]

At the AmCham Business Summit in Nairobi, US Ambassador to Kenya, Meg Whitman, outlined key strategies to bolster Kenya’s economic standing within Africa. Whitman emphasized the potential of Kenya’s manufacturing sector to drive economic expansion, particularly in apparel exports to the US. To achieve this, she underscored the importance of revitalizing cotton farming and sustained […]

Kenya’s government, under President William Ruto’s leadership, is taking steps to scrap double taxation with Belarus. Spearheaded by the National Treasury, this initiative aims to streamline tax regulations, promoting a conducive environment for bilateral trade. The Double Taxation Agreement (DTA) focuses on income taxes and is currently open for public input, reflecting the government’s commitment […]