The Ministry of Industrialization, Enterprise and Trade is seeking Sh978 million from the Korea Trade Investment Promotion Agency (KOTRA) and the exchequer to facilitate the implementation of an integrated national …
kenya
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EconomyEntrepreneurshipKenya News
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Kenya’s exports to Tanzania grew the sharpest among all East Africa Community (EAC) markets in the six months to June 2022. Kenya’s exports to Tanzania jumped the highest by 46% …
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AgricultureBusinessEconomyKenya NewsUncategorized
Kenya’s Avocado rejected in Norway Over Contamination Claims
The Norwegian authorities have raised an alarm over Kenyan avocados after two packages of the product were claimed to contain high doses of pesticide chlorpyrifos that exceed the permitted limit value. …
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BusinessEconomyFinance & ServicesKenya News
KEBS payed Japanese Firm To Verify all second-hand Motor Vehicles Imported into the country
The Kenya Bureau of Standards (KEBS) has settled on a Japanese firm for the verification of all second-hand motor vehicles, spare parts and mobile equipment that will be imported into …
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AgricultureBusinessEconomyFood ProductionKenya News
Kenya’s Ministry of Agriculture Ministry Announces a new Subsidized Fertilizer Prices
The Ministry of Agriculture, Livestock, Fisheries, and Co-operatives has announced new subsidized fertilizer prices after the government availed a Sh3.5billion fertilizer subsidy. This follows a directive by President William Ruto …
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EconomyFinance & ServicesKenya News
Kenya spent 63.5pc of tax collections in two months to repay its creditors
Kenya spent 63.5 percent of tax collections in the first two months of the current financial year to repay its creditors, pointing to an elevated risk of debt distress. Debt …
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Banking, Finance & InvestmentEconomyKenya News
Ruto faces return of costly foreign loans in the first year of the new administration
The Treasury has said Kenya will find it challenging to sustain reliance on multilateral lenders like World Bank Group for external funding, signaling a return of costly foreign loans in …
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Banking, Finance & InvestmentEconomyGlobal NewsKenya News
World Bank Warns of rising Global Recession Amidst Simultaneous Rate Hikes
The threat of a global recession is growing as central banks focus on bringing down soaring inflation rates, the world bank warned Thursday, calling on governments to help boost supply …
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EconomyKenya NewsTransportation & Logisitics
Standard Gauge Railway profit grow 7.8pc to Sh7.1 billion
Cargo and passenger revenues from the Standard Gauge Railway (SGR) rose 7.8 percent to Sh7.1 billion in the six months to June, extending recovery from the global Covid-19 disruptions. The …
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EconomyEnergyKenya NewsOil & Gas
Inflation of electricity and fuel prices in Kenya hit the consumers
The energy regulator has made a U-turn and increased electricity prices by 15.7 percent, reversing the January cuts by the former President Uhuru Kenyatta administration, in what has handed consumers …