In a pivotal moment for Kenya’s economic trajectory, President William Ruto has officially assented to three critical National Assembly Bills: the Finance Bill 2025, the Supplementary Appropriation Bill 2025, and the Appropriations Bill 2025. Signed into law at State House, Nairobi, these legislative instruments collectively define the government’s comprehensive strategy for generating revenue, outlining tax […]
In a significant pronouncement that reverberates through the burgeoning digital asset landscape, the Bank for International Settlements (BIS), often referred to as the “central bank for central banks,” has issued a stark warning against stablecoins. In its highly anticipated 2025 annual economic report, the venerable institution paints a decidedly unflattering picture of these digital tokens, […]
The Coca-Cola Company, a global beverage giant, has unveiled a groundbreaking study highlighting its monumental socio-economic impact across the African continent. Announced during the prestigious 2025 U.S.-Africa Business Summit in Luanda, Angola, the comprehensive report reveals that the Coca-Cola system, encompassing The Coca-Cola Company and its vast network of authorized bottlers, alongside myriad suppliers and […]
A new titan has emerged in the global tea industry. Browns Plantations PLC, a subsidiary of Sri Lanka’s diversified conglomerate LOLC Holdings Group, has officially cemented its position as the world’s largest tea producer. This monumental achievement follows the strategic acquisition of James Finlay Kenya’s tea estates business and, implicitly, a significant portion of the […]
In an era defined by persistent global uncertainties, from geopolitical flashpoints to shifting trade dynamics, India’s economy continues to stand out, demonstrating remarkable resilience across its diverse sectors. The latest Monthly Economic Bulletin for June 2025 from the Reserve Bank of India (RBI) paints a comprehensive picture of robust economic momentum. The central bank’s assessment […]
The Africa Export-Import Bank (Afreximbank), a leading multilateral financial institution dedicated to promoting and financing intra- and extra-African trade, has announced a monumental achievement: the mobilization of over $250 billion for Africa’s growth and development. This significant disclosure was made by the bank’s President, Professor Benedict Oramah, during the 32nd Afreximbank Annual Meetings (AAM), currently […]
In a landmark commitment to safeguarding the environment and uplifting rural communities, the International Fund for Agricultural Development (IFAD) and the Government of Kenya have formally signed a transformative US$126.8 million agreement. This significant co-financing initiative is earmarked for a comprehensive investment project specifically designed to build resilience against the escalating impacts of climate change […]
The financial landscape of the United Arab Emirates (UAE) continues to demonstrate remarkable strength and strategic foresight, as evidenced by the latest statistical bulletin from the Central Bank of the UAE (CBUAE). During the first quarter of 2025, the CBUAE significantly boosted its gold reserves by an impressive 19.3%, underscoring a deliberate move to reinforce […]
Pretoria, South Africa – In a pivotal and highly anticipated event poised to significantly reshape the landscape for small and medium-sized enterprises (SMEs) across the Rainbow Nation, SME South Africa hosted its inaugural Funding Summit on June 12, 2025. Held at the sophisticated Empire Conference and Events Venue in Parktown, Johannesburg, this full-day summit served […]
In a significant boost to Kenya’s Technical and Vocational Education Training (TVET) sector, a German-based organization, Chancen International (CI), has announced a pioneering initiative to provide comprehensive tuition fee funding for 6,000 students across the country. This strategic intervention, revealed on June 23, 2025, aims to dismantle financial barriers, ensuring that vulnerable and low-income students […]
In a pivotal moment for Kenya's economic trajectory, President William Ruto has officially assented to three critical National Assembly Bills:...
In a significant pronouncement that reverberates through the burgeoning digital asset landscape, the Bank for International Settlements (BIS), often referred...
The Coca-Cola Company, a global beverage giant, has unveiled a groundbreaking study highlighting its monumental socio-economic impact across the African...
A transformative era has dawned for chilli farmers in Kenya's coastal region with the official commissioning of a state-of-the-art Sh250...
