Serrari Group

Kenya’s Treasury Admits Inability to Fully Fund Free Education Amidst Mounting Crisis

A stark and unsettling admission from the Kenyan Treasury has sent ripples of concern through households across the nation: the government can no longer fully afford free education in public primary and secondary schools. Treasury Cabinet Secretary John Mbadi, appearing before the National Assembly Committee on Education on Thursday, laid bare the grim financial reality, […]

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Kenya launches the Kenya Digital Token (KDT) on Solana, advancing BETA and positioning itself as a blockchain leader in Africa’s digital economy

Kenya has officially unveiled the Kenya Digital Token (KDT), a groundbreaking initiative built on the high-performance Solana blockchain. This launch positions Kenya as a continental leader in blockchain-driven economic innovation, joining a growing list of nations exploring digital public infrastructure beyond traditional finance. While privately developed, the KDT is closely aligned with the government’s ambitious […]

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KNBS Launches Landmark 2025/26 Household Budget Survey

The Kenya National Bureau of Statistics (KNBS), the nation’s premier statistical agency, has officially embarked on a monumental nationwide exercise: the 2025/26 Kenya Integrated Household Budget Survey (KIHBS). In a public notice, the bureau confirmed that its highly trained officials would commence visits to selected households across the country this July. This year-long endeavor, set […]

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Equity Bank and IFC Partner to Launch Goldman Sachs’ ‘10,000 Women’ Program

In a significant boost for entrepreneurship and gender equality in East Africa, Equity Bank Kenya and the International Finance Corporation (IFC) have announced a landmark partnership to bring the renowned Goldman Sachs ‘10,000 Women’ online business course to women entrepreneurs across Kenya. This collaboration, unveiled on July 21, 2025, aims to equip thousands of women-owned […]

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Kenya Public Debt Hits KSh 11.5 Trillion

Kenya’s public debt has escalated to an unprecedented KSh 11.5 trillion (approximately USD 88.5 billion) as of May 2025, marking a staggering increase of KSh 951 billion in just eleven months from June 2024’s KSh 10.56 trillion. This alarming surge underscores a deepening fiscal crisis and a mounting pressure on the country’s borrowing appetite, raising […]

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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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