Kenyan exporters of agricultural produce are set to benefit from a significant trade breakthrough as the country finalizes a bilateral agreement with China. This landmark deal, which grants duty-free access to the Chinese market for key Kenyan exports, marks a pivotal moment in Kenya’s foreign trade policy. Concluded following high-level talks during President William Ruto’s […]
The first half of 2025 has delivered a stark wake-up call to the global insurance industry. According to preliminary estimates from the Swiss Re Institute, global insured losses from natural catastrophes hit an unprecedented $80 billion. This figure nearly doubles the 10-year average and serves as a powerful indicator of the escalating risks posed by […]
For international investors, Zambia’s debt restructuring journey has been a closely watched case study. As the first African nation to default in the pandemic era and seek relief under the G20 Common Framework, its path to financial recovery was seen as a potential blueprint for other struggling economies. However, that journey took a significant step […]
In a pioneering move set to revolutionize the understanding of its vital diaspora economy, the Central Bank of Kenya (CBK) has officially launched the nation’s first-ever Remittances Household Survey (RHS). This ambitious initiative, undertaken in close collaboration with the Kenya National Bureau of Statistics (KNBS) and Financial Sector Deepening Kenya (FSD Kenya), aims to collect […]
In a significant development for global commerce, a 15% tariff has been formally applied to a wide array of European Union goods entering the United States. This move, confirmed by a senior EU official on Tuesday, marks a crucial juncture in the often-strained trade relationship between the two economic powerhouses. Unlike more selective agreements Washington […]
In a significant blow to South Africa’s already challenged export sector, Danish shipping giant Maersk has announced the discontinuation of its direct cargo shipments between South Africa and the United States, effective October 1. This strategic decision means that South African exports destined for the U.S. will now be rerouted via European transshipment hubs, leading […]
The Kenya Human Rights Commission (KHRC) has released a scathing new report, “Failing the Hustlers,” sharply criticizing the government’s flagship Hustler Fund initiative. The report concludes that the Fund, launched with much fanfare, is structurally unsound, economically unsustainable, and politically manipulated, ultimately recommending its complete shutdown. This damning assessment challenges the core of the Kenya […]
The European Commission has officially launched a comprehensive public consultation and call for evidence for its eagerly anticipated Circular Economy Act. This pivotal initiative marks a significant stride in the European Union’s ambitious journey towards a more sustainable, resilient, and competitive future. With feedback open until November 2025, the EU is inviting a broad spectrum […]
In a decisive move to cushion its economy from the impact of new 30% tariffs imposed by the United States, South Africa has unveiled a comprehensive, multi-pronged strategy. The Departments of International Relations and Cooperation (DIRCO) and Trade, Industry, and Competition (DTIC) issued a joint statement today, outlining a detailed response that combines diplomatic engagement […]
Tata Chemicals Magadi Limited has announced a significant and ambitious expansion plan for its soda ash mining activities at Lake Magadi, a move set to substantially increase its production capacity to 600,000 tonnes within the next five years. This strategic initiative, unveiled by the firm’s Managing Director, Swaminathan Nagarajan, is poised to boost Kenya’s exports […]
Kenya's fiscal deficit is projected to widen by 10.23 percent in the 2026/27 financial year (FY), signaling renewed pressure on...
Financial markets are experiencing a significant shift as the benchmark US 10-Year Treasury Yield has decisively fallen below the critical...
A comprehensive demographic research study conducted by the International Labour Organisation (ILO) has revealed alarming statistics about Nigeria's employment landscape,...
Africa's electric mobility story has long been characterized by unfulfilled promise rather than tangible progress. Infrastructure remains scarce across the...
