Serrari Group

Kenya Moves to Stabilize Road Infrastructure Financing with KSh 93 Billion Arrears Clearance and Planned Road Bond

Kenya’s government has taken a major step toward restoring momentum in its road and transport infrastructure development by settling KSh 93 billion in long-standing arrears owed to contractors across the country. The payments were facilitated through part of a KSh 104 billion syndicated loan sourced from commercial banks, which served as a bridge facility while […]

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Kenya’s Private Sector Records Strongest Growth Since 2022 as PMI Climbs to 52.5

Kenya’s private sector demonstrated remarkable resilience and growth momentum in October, with business activity expanding at the strongest pace recorded in nearly three years, according to the latest Purchasing Managers’ Index data. The positive trajectory signals a significant economic turnaround for East Africa’s largest economy as it recovers from disruptions that characterized earlier periods of […]

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Kenya Launches Comprehensive Port Decongestion Initiative Through KPA-KRA Strategic Partnership

Kenya has unveiled an ambitious and comprehensive plan to dramatically improve the efficiency and operational speed of the Port of Mombasa through a strategic partnership between the Kenya Ports Authority (KPA) and the Kenya Revenue Authority (KRA). The landmark agreement is expected to significantly ease chronic congestion, accelerate cargo clearance processes, and strengthen coordination among […]

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Kenya and UK Target Stronger Trade Ties as Bilateral Commerce Surpasses Sh340 Billion

Trade between Kenya and the United Kingdom has entered one of its strongest phases in recent years, with the latest figures showing that total bilateral trade has surpassed Sh340 billion. The performance underscores a period of renewed commercial collaboration, investment flow, and policy alignment between the two economies following intensified diplomatic and trade engagements. The […]

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Kenya Strengthens World Bank Partnership Amid Economic Reform Challenges and Development Funding Push

Kenya has intensified its diplomatic engagement with the World Bank as the East African nation navigates a complex economic landscape marked by mounting debt pressures, public skepticism over international lending conditions, and an urgent need for development financing. The high-stakes meeting between National Treasury Cabinet Secretary John Mbadi and World Bank Managing Director for Operations […]

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Safaricom’s KSh 30 Billion “Citizens of the Future” Initiative to Transform Kenya’s Education Landscape

The telecommunications giant Safaricom PLC, under the leadership of its Chief Executive Officer Peter Ndegwa, has publicly committed to an ambitious KSh 30 billion (approximately US $232 million) education-investment plan that spans the next five years in Kenya. This wide-ranging initiative, branded “Citizens of the Future”, will seek to modernise infrastructure, integrate digital technologies into […]

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President Ruto Unveils Ambitious Sh4 Trillion Economic Transformation Blueprint to Elevate Kenya to First-World Status by 2055

President William Ruto has unveiled one of the most ambitious economic transformation agendas in Kenya’s history, outlining a comprehensive Sh4 trillion infrastructure and productivity plan designed to propel the East African nation from its current developing country status to a first-world economy within the next three decades. The bold initiative, which will soon be presented […]

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Kisumu Port Revenue Surges 256.7 % as KRA Cracks Down on Illicit Trade

The Kenya Revenue Authority (KRA) has recorded a stunning 256.7 % increase in tax collections at Kisumu Port for the 2024/25 fiscal year, up to Kenyan Shilling 107 million from Sh30 million prior year. (KRA) The surge is attributed primarily to tighter surveillance by the KRA’s Marine Unit, the closure of revenue loopholes along Lake […]

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Kenya’s Electricity Demand Surges to Historic High Amid Shrinking Power Reserves: A Critical Analysis

Kenya’s electricity sector has reached a critical juncture as the nation recorded unprecedented peak demand of 2,411.98 megawatts (MW) and the highest-ever daily energy consumption of 44,122.60 megawatt-hours (MWh) on Friday, October 24, 2025. This milestone, while indicative of robust economic growth and expanding electricity access, has simultaneously exposed a concerning vulnerability in Kenya’s power […]

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Ruto Unveils Ambitious Plan to Extend Nairobi-Mau Summit Expressway to Western Kenya’s Key Economic Hubs

President William Ruto has unveiled an ambitious infrastructure development plan that will see the Nairobi-Nakuru-Mau Summit Highway extended to cover major towns in western Kenya, including Kericho, Kisumu, Eldoret, and Busia. The announcement comes amid intensifying public discourse over the Public-Private Partnership (PPP) model being employed to finance what is set to become one of […]

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