Introduction: Striking the Balance Between Revenue and Growth The Institute of Certified Public Accountants of Kenya (ICPAK) has formally submitted a sweeping set of 39 recommendations on the Finance Bill 2025, urging Parliament to adopt measures that raise revenue without stifling economic growth or overburdening taxpayers. In a presentation on 27 May 2025, ICPAK’s delegation […]

Overview: A Game-Changing Corridor Deputy President Kithure Kindiki declared on 27 May 2025 that the 749 km Isiolo–Mandera Road, under construction at an estimated KSh 85–100 billion (US $625–735 million), will be a “game changer” for northern Kenya. Traversing Isiolo, Garissa, Wajir, and Mandera counties, the upgraded highway promises to unlock vast economic potential by […]

The World Bank trimmed its forecast for Kenya’s economic growth in 2025 from 5.0 percent to 4.5 percent, warning that heavy government borrowing, elevated lending rates, and a sharp contraction in private‐sector credit risk stifling the nation’s business engines (Reuters, Bloomberg). Growth Outlook Revised Downwards In the biannual Kenya Economic Update, released Tuesday, the World […]

Introduction The Kenya Private Sector Alliance (KEPSA) is spearheading a vigorous campaign for transformative reforms in the Finance Bill 2025, urging lawmakers to adopt measures that strengthen the country’s industrial base, streamline the tax code, and institutionalize deeper private-sector input into fiscal policymaking. During a retreat in Naivasha on April 25, 2025, KEPSA engaged the […]

The Kenyan government has instituted a moratorium on hiring and contract renewals across 42 State corporations slated for merger, dissolution, or restructuring, putting the livelihoods of hundreds of executives and staff on hold. The move, communicated in a May 16 memo from Head of Public Service Felix Koskei, follows Cabinet approval earlier this year to […]

Key Highlights Background: Strengthening Kenya’s Debt Profile Over the past decade, Kenya’s outstanding Eurobond liabilities have climbed amid infrastructure and social-spending needs. As of early 2025, the country faced roughly US$7 billion in Eurobonds maturing between 2027 and 2034, straining its foreign-currency debt service costs. Recognising these pressures, the GoK, through the National Treasury & […]

In a major shake-up for Kenya’s supplier community, the National Treasury has declared Sh270 billion of pending government bills ineligible for payment, according to a statement by Treasury Principal Secretary Chris Kiptoo. A special audit committee, chaired by former Auditor General Edward Ouko, vetted Sh665 billion in outstanding claims and cleared just Sh230 billion as […]

Introduction Today, President William Ruto is set to hand over 1,080 housing units to beneficiaries of the Mukuru Affordable Housing Project in Embakasi South, Nairobi. Spanning 56 acres, Mukuru stands as Kenya’s largest affordable housing development to date, ultimately delivering 13,248 homes across multiple phases (The Star). This milestone forms part of the Government’s Affordable […]

Introduction Kenya’s vibrant horticulture sector, long celebrated for supplying Europe with beans, peas, and an array of fresh produce, faced a dramatic setback in 2024 when the European Union’s (EU) tightened pesticide and phytosanitary protocols slashed export volumes by over 50 percent. According to the 2025 Economic Survey published by the Kenya National Bureau of […]

Kenya’s fashion landscape is undergoing a paradigm shift—one that reconciles the vibrant trade in second-hand clothing, known locally as Mitumba, with a burgeoning domestic apparel manufacturing industry. A landmark report released on 15 May 2025 by the Mitumba Consortium Association of Kenya (MCAK) titled “A Future Look at the Apparel and Footwear Industry in Kenya […]