In a dramatic turn of events that has reverberated through Kenya’s political and economic landscape, the Court of Appeal has declared the 2023 Finance Law unconstitutional. This landmark decision represents a significant setback for President William Ruto’s administration and further complicates the country’s already challenging economic environment. The ruling follows a series of massive protests […]

Kenya has just embarked on an ambitious and exciting journey with the launch of the Association of Special Economic Zones (ASEZ). This new, independent body is set to reshape the country’s economic future by bringing together various stakeholders involved in Special Economic Zones (SEZs). ASEZ aims to be a unifying force for SEZ developers, operators, […]

In the midst of economic uncertainties, Nairobi’s property market is showing remarkable resilience. The latest report from HassConsult reveals that property transactions in the city have managed to maintain a steady pace, despite the challenging economic conditions and rising costs for developers. This ongoing stability is an encouraging sign for the market, as it continues […]

As economic pressures mount, a new consumer index reveals that the majority of Kenyans are cutting back on non-essential purchases to stay afloat. The ILAM Consumer Spending Index for the Second Quarter of 2024 highlights the significant impact of rising prices on consumer behavior, with 77 percent of Kenyans reporting increased spending on essential goods […]