Kenya announced on Monday its ambitious plan to boost its dairy product exports to nine billion Kenyan shillings—approximately $69.5 million—in 2025, a substantial jump from 7.3 billion Kenyan shillings in 2023. This bold target comes as the country works to consolidate its growing reputation as a key player in the global dairy market. The Kenya […]

Kenya and the International Monetary Fund (IMF) have reached a significant turning point in their economic engagement as formal talks on a new lending programme commence. This development comes after both sides mutually agreed to forgo the ninth review of the current $3.6 billion programme under the Extended Fund Facility (EFF) and Extended Credit Facility […]

Kenya is at a critical crossroads in its fight against HIV. With key drugs rapidly depleting and several HIV clinics forced to close, the country now urgently requires an additional Sh5.24 billion to sustain its HIV response until June. Over the longer term, Kenya will need Sh13.5 billion for the 2025/2026 fiscal year. This desperate […]

The Energy and Petroleum Regulatory Authority (Epra) is finalizing its review of a groundbreaking deal that could reshape East Africa’s power trade. The agreement involves transporting 100MW of electricity from Ethiopia to Tanzania, with Kenya’s transmission infrastructure playing a pivotal role in the transit. If approved, the deal will mark another milestone in the region’s […]

In a decisive move to transform Kenya’s economic landscape and foster gender equality, the Cabinet has approved the National Policy on Women’s Economic Empowerment. This landmark initiative aims to dismantle systemic barriers, create an enabling environment for women entrepreneurs, and drive sustainable development across the country. Aligned with Kenya’s Constitution, Vision 2030, and the Bottom-up […]

In a major step towards enhancing financial connectivity and promoting intra-African trade, KCB Group in Kenya and the Bank of Kigali in Rwanda have officially integrated the Pan-African Payment and Settlement System (PAPSS) into their operations. This integration marks a significant milestone in the digital transformation of Africa’s financial services sector, enabling faster, cheaper, and […]

In a landmark move to bolster Kenya’s vibrant micro, small, and medium enterprises (MSMEs) sector, the Kenya Revenue Authority (KRA) has unveiled its new Micro & Small Taxpayers (MST) Department. This strategic initiative is designed to simplify tax compliance, provide customized support, and stimulate economic growth among small businesses—a critical engine of Kenya’s economy. Under […]

In a major policy shift aimed at accelerating progress toward Universal Health Coverage (UHC) and rebuilding public trust in its revamped health insurance system, Kenya’s Ministry of Health has announced significant enhancements to the Social Health Authority (SHA) benefits. The recent upgrade sees oncology care coverage per household increased by KSh 150,000—from KSh 440,000 to […]

Last week, Kenya took a bold step toward transforming its industrial and logistics landscape with the inauguration of The Link Warehousing and Logistics Park at Tatu City in Ruiru. As the nation’s first SME logistics park with Special Economic Zone (SEZ) benefits, the facility is poised to revolutionize how small and medium enterprises (SMEs) store […]

Kenya Power’s latest warning of a potential 30% hike in electricity tariffs has sent ripples across Kenya’s business and industrial sectors. The warning comes as the state-owned utility braces for additional financial pressures stemming from proposed wayleave charges by county governments. In a candid disclosure, Kenya Power’s CEO, Joseph Siror, stated that if counties impose […]