Kenya has intensified its diplomatic engagement with the World Bank as the East African nation navigates a complex economic landscape marked by mounting debt pressures, public skepticism over international lending conditions, and an urgent need for development financing. The high-stakes meeting between National Treasury Cabinet Secretary John Mbadi and World Bank Managing Director for Operations […]

The telecommunications giant Safaricom PLC, under the leadership of its Chief Executive Officer Peter Ndegwa, has publicly committed to an ambitious KSh 30 billion (approximately US $232 million) education-investment plan that spans the next five years in Kenya. This wide-ranging initiative, branded “Citizens of the Future”, will seek to modernise infrastructure, integrate digital technologies into […]

President William Ruto has unveiled one of the most ambitious economic transformation agendas in Kenya’s history, outlining a comprehensive Sh4 trillion infrastructure and productivity plan designed to propel the East African nation from its current developing country status to a first-world economy within the next three decades. The bold initiative, which will soon be presented […]

The Kenya Revenue Authority (KRA) has recorded a stunning 256.7 % increase in tax collections at Kisumu Port for the 2024/25 fiscal year, up to Kenyan Shilling 107 million from Sh30 million prior year. (KRA) The surge is attributed primarily to tighter surveillance by the KRA’s Marine Unit, the closure of revenue loopholes along Lake […]