United Bank for Africa Plc (UBA) has announced a $150 million (KES 20.5 billion) commitment to Kenya’s Roads Levy Securitisation Programme, a $1.35 billion initiative designed by the Kenya Roads …
William Ruto
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BankingEastern AfricaEconomyInfrastructureInternational RelationsKenyaNigeriaTrade
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Kenya’s Controller of Budget, Dr Margaret Nyakang’o, has raised fresh alarm over the country’s rising public debt, which has now reached Sh11.73 trillion as at June 2025. The warning comes …
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Eastern AfricaGovernanceInfrastructurePoliticsPublic PolicyTransportation
Kenya Shortens Road Agency Chiefs’ Terms to Three Years Amid Calls for Disbandment
Parliament in Kenya has approved a new law that will shorten the tenure of the Director-Generals of the country’s key road agencies, in a move aimed at promoting accountability and …
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BusinessEastern AfricaGovernment PolicyInfrastructureReal Estate
KMRC Praised for Advancing Kenya’s Housing Agenda
The Kenya Mortgage Refinance Company (KMRC) has been praised for playing a major role in advancing President William Ruto’s affordable housing plan under the Bottom-Up Economic Transformation Agenda (BETA). The …
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BusinessEconomyFinanceGovernment PolicyTaxationTrade and Commerce
Kenya Mulls VAT Refund Offsets as Ruto Courts Businesses
Kenyan businesses could soon be allowed to use their pending Value Added Tax (VAT) refunds to pay off other tax obligations if a proposal presented to President William Ruto is …
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EconomyEnergyGOVERNMENTInfrastructureKenyaMarkets
Ruto to Privatise Kenya Pipeline Company by September, Eyes Revenue and Market Revival
President William Ruto of Kenya has announced that the Kenya Pipeline Company (KPC) will be listed on the Nairobi Securities Exchange (NSE) in September 2025, marking the first step in …
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BusinessEconomyEducationFinance & ServicesInternational RelationsPolitics
Ruto Welcomes EBRD Move to Open African Office in Nairobi
President William Ruto has expressed happiness over the decision of the European Bank for Reconstruction and Development (EBRD) to set up its African continental office in Nairobi, Kenya. The move …
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Eastern AfricaEconomyFinance & ServicesInfrastructureKenya
Kenya announces KSh 4.29 trillion budget for 2025/2026
The government of Kenya has unveiled its budget for the 2025/2026 financial year, with a total value of KSh 4.29 trillion, which is about $32.8 billion. This marks the first …
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DevelopmentEconomyEducationGOVERNMENTInnovation
Africa’s Greatest Wealth Is Its People, Not Its Resources – Experts Urge Focus on Human Capital
Africa is one of the richest continents in the world in terms of natural resources, yet it remains one of the poorest when it comes to human development. According to …
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Eastern AfricaEconomyFinance & ServicesGOVERNMENTInternational RelationsKenyaPolicies
Kenya Moves to Cut Budget Deficit, Eyes Fresh IMF Talks Amid Economic Pressure
The Kenyan government has announced that it will reduce its fiscal deficit to 4.5 percent of its Gross Domestic Product (GDP) for the 2025/2026 financial year. This is a step …