In a major policy shift aimed at accelerating progress toward Universal Health Coverage (UHC) and rebuilding public trust in its revamped health insurance system, Kenya’s Ministry of Health has announced significant enhancements to the Social Health Authority (SHA) benefits. The recent upgrade sees oncology care coverage per household increased by KSh 150,000—from KSh 440,000 to […]
China’s trade data for January and February has sent shockwaves through global markets as imports unexpectedly tumbled, while export momentum slowed considerably. The unexpected decline in trade activity comes as escalating tariff pressures and renewed trade war measures between the United States and China continue to cast a long shadow over the world’s second-largest economy. […]
In a significant development for bilateral economic relations, the United Arab Emirates and the Central African Republic have signed a Comprehensive Economic Partnership Agreement (CEPA) that is projected to boost trade between the two nations to over AED3.67 billion in the next five to seven years. Announced on March 7, 2025, by Dr. Thani bin […]
Last week, Kenya took a bold step toward transforming its industrial and logistics landscape with the inauguration of The Link Warehousing and Logistics Park at Tatu City in Ruiru. As the nation’s first SME logistics park with Special Economic Zone (SEZ) benefits, the facility is poised to revolutionize how small and medium enterprises (SMEs) store […]
A recent study by Public First has revealed that the rise of digital nomad schemes among British citizens is costing the UK economy over £3bn in lost consumer spending—and £320m in missed VAT revenue—each year. As more UK professionals opt for long-term work visas abroad, drawn by the promise of lower living costs and enhanced […]
Last week marked a historic turning point for South Africa and the global economic community as the nation not only launched the Business 20 (B20) forum but also hosted the inaugural meeting of G20 Finance Ministers and Central Bank Governors in Cape Town. These high-profile events signal a new era in global economic governance and […]
Kenya Power’s latest warning of a potential 30% hike in electricity tariffs has sent ripples across Kenya’s business and industrial sectors. The warning comes as the state-owned utility braces for additional financial pressures stemming from proposed wayleave charges by county governments. In a candid disclosure, Kenya Power’s CEO, Joseph Siror, stated that if counties impose […]
U.S. President Donald Trump’s administration has implemented sweeping new tariffs that experts warn could spark a full-scale trade war with America’s top trading partners. The new measures, which took effect on March 4, 2025, impose a 25% tariff on most imports from Mexico and Canada and increase tariffs on Chinese goods to 20%. The tariffs […]
In recent years, the South African government has intensified efforts to formalise the informal economy, with a particular focus on spaza shops—the small convenience stores that are the lifeblood of many townships. These businesses, which provide essential goods and services to low-income communities, are now at the centre of a policy drive aimed at boosting […]
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 […]
The East African cement market is currently witnessing one of its most definitive shifts in corporate control, as Tanzania’s Kalahari...
Family Bank Group has delivered an exceptional financial performance for the nine months ending September 30, 2025, recording a significant...
On November 30, the decentralized finance (DeFi) sector absorbed yet another significant security breach, this time striking one of its...
The intersection of decentralized ledger technology (DLT), artificial intelligence (AI), and aerospace is no longer confined to science fiction. Intellistake...
