In a decisive move aimed at bolstering transparency and restoring investor confidence, Kenya’s government has initiated a governance diagnostic assessment in collaboration with the International Monetary Fund (IMF). The assessment seeks to pinpoint corruption risks that have long undermined the nation’s economic performance. Launched by Prime Cabinet Secretary Musalia Mudavadi on Monday alongside the IMF’s […]

Kenya’s Finance Minister John Mbadi announced that the government will delay drawing down funds from a $1.5 billion privately placed bond arranged in the United Arab Emirates. Speaking on February 28, 2025, Mbadi explained that the decision is driven by the need to align the loan with the nation’s fiscal framework for the current financial […]

In a significant boost for regional integration and economic growth, Kenya and Somalia are on the verge of finalizing a trade facilitation agreement designed to eliminate irregular non-tariff barriers and streamline commerce between the two neighboring countries. This landmark Memorandum of Understanding (MoU) is expected to not only bolster trade relations but also contribute to […]

In a bold move to transform Kenya’s transport infrastructure and stimulate regional economic growth, President William Ruto has officially launched the Ksh10 billion Kwa Jomvu-Mariakani Road. Spanning 30 kilometers between Mombasa and Kilifi counties, the project is poised to ease traffic congestion, improve connectivity, and enhance the operational efficiency of the Port of Mombasa. The […]

In a major boost to Kenya’s rural electrification drive, President William Ruto has officially launched the Sh1.4 billion Last Mile Phase IV Connectivity Project in Kwale County. The ambitious initiative, aimed at connecting over 12,700 households to the national electricity grid, is expected to transform the lives of thousands of Kenyans by unlocking significant economic […]

A recent report by Elite Mawu Agency has found that inadequate branding is costing Kenyan SMEs as much as 60% of their potential revenue. The report, titled the Kenya Branding Report Card 2025, paints a concerning picture of the challenges faced by businesses in diverse sectors—including fast-moving consumer goods, manufacturing, real estate, logistics, agriculture, and […]

In a significant development amid ongoing challenges in Kenya’s healthcare financing, the Rural and Urban Private Hospitals Association (RUPHA) has issued clear guidelines to ensure that patients enrolled under the Social Health Authority (SHA) scheme continue to receive essential medical treatment. The announcement, made at a press conference on Sunday, comes as private hospitals brace […]

In a decisive step aimed at boosting fiscal discipline and stimulating economic activity, Kenya’s Pending Bills Verification Committee has approved the payout of Ksh 236 billion from the more than Ksh 600 billion inherited by the Kenya Kwanza administration. Principal Secretary for the National Treasury and Economic Planning, Chris Kiptoo, announced the approval during his […]

In a recent development that has stirred significant discussion among economists and policymakers, Kenya’s National Treasury and Economic Planning headquarters announced that the government exceeded its recurrent budget target for the fiscal year 2024/25 by KSh193 billion. The government’s recurrent expenditure reached KSh1.5 trillion by December 2024—well above the originally targeted KSh1.29 trillion. This performance, […]

Kenya’s economy faces fresh concerns following the latest Kenya National Bureau of Statistics (KNBS) Economic Indicators Report for December 2024, which revealed a sharp decline in tea and coffee exports. These two commodities are among Kenya’s top foreign exchange earners, contributing significantly to the country’s revenue. The decline in their export volumes raises serious questions […]