Serrari Group

John Mbadi: “We Have a Very Expensive Government” – Rethinking Kenya’s Fiscal Framework for Sustainable Growth

In a candid and thought-provoking interview on Citizen TV, National Treasury Cabinet Secretary John Mbadi warned that Kenya is burdened with an extraordinarily expensive government. According to Mbadi, the high costs of running the national administration, particularly through enormous salary payments and hefty debt servicing obligations, are choking the country’s fiscal space and slowing down […]

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Global Debt Exceeds $100 Trillion as Rising Interest Costs Pose Mounting Challenges, OECD Warns

Outstanding government and corporate bonds have now surpassed the $100 trillion mark, according to the latest annual debt report from the Organisation for Economic Co-operation and Development (OECD). This dramatic milestone comes amid an environment of rising interest costs, complex geopolitical tensions, and mounting fiscal pressures. With central banks beginning to cut interest rates after […]

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AfDB Joins Africa’s Green Economy Summit to Boost Climate Resilience

In a powerful demonstration of Africa’s commitment to a sustainable future, the African Development Bank Group (AfDB) actively participated in the third edition of Africa’s Green Economy Summit (AGES), held in Cape Town, South Africa, from 18 to 21 February 2025. Hosted by the African Union (AU), this annual summit brought together a diverse array […]

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Proparco Grants Over Sh140 Million to Assist Smallholder Farmers in Kenya

In a landmark move that underscores the growing importance of sustainable agriculture in Kenya, Proparco, the French development finance institution, together with Equity Group, has signed a groundbreaking agreement. The grant—totaling Sh141,260,000 in technical assistance—is earmarked for the implementation of the “Climate Resilient Agri-Food Systems” (CRAFS) project by the Equity Group Foundation (EGF). The initiative […]

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GCC Economy Set to Grow by 4% in 2025 Amid Global Trade Uncertainty

In a striking display of resilience, the economies of the Gulf Cooperation Council (GCC) are forecast to grow by 4% in 2025 despite rising global protectionism and geopolitical tensions. This upbeat projection, detailed in the latest ICAEW Economic Insight report prepared by Oxford Economics, comes at a time when many regions are grappling with uncertain […]

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Zimbabwe: Revised Taxes and Regulatory Fees in Six Months

 In a decisive move to foster a more conducive business environment, Zimbabwe’s government has announced an extensive review of taxes and regulatory fees that will be completed within the next six months. The overhaul aims to cut costs for businesses by reducing some fees by half and eliminating others entirely, as part of a broader […]

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Sudan Suspends Imports from Kenya as Relations Deteriorate over RSF Support

Sudan has taken a dramatic diplomatic step by suspending all imports from Kenya—a move that signals a deepening rift between the two nations. The decision comes in the wake of Kenya hosting representatives of the Rapid Support Forces (RSF) last month, during which these controversial figures signed a charter to establish a parallel government in […]

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Moody’s Expects South Africa’s Coalition Government to Reach Budget Compromise amid Fiscal Consolidation Efforts

In a sign of cautious optimism amid a challenging fiscal environment, ratings agency Moody’s expects South Africa’s coalition government to eventually forge a compromise that will allow the long-delayed budget to pass—albeit with some adjustments to contentious fiscal measures. The anticipated compromise comes as the Government of National Unity (GNU) grapples with internal disagreements over […]

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Kenya Eyes $69.5 Million of Dairy Product Exports in 2025

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 […]

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