Tag Archive for: Kenya

Business Daily

Mayor’s Private Sector Conference

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https://www.youtube.com/watch?v=sYjwT8ErH3U
African News

Kenyan traders protest against Chinese competitors

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The demo comes in the wake of controversy elicited by the coming of China Square retail outlet of general merchandise whose prices are on average 45 percent lower than those prevailing in locally owned enterprises, local media reports. China…
East African

Kenya proposes lavish spending amid missed revenue targets

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Kenya’s National Treasury plans to raise government expenditure by 15.9 percent to Ksh3.66 trillion (about $29.2 billion) in the next financial year, anchored on a projected increase in tax revenue. But latest figures show that Kenya Revenue…
Bezirksregierung Dusseldorf

European Union seeks more trade deals with Kenya

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The European Union has opened trade talks with Kenya to tap opportunities in agriculture, green energy, infrastructure, and technology. According to Martijn Boelen, EU trade counsellor and regional trade adviser, the forthcoming EU-Kenya…
Business Insider Africa

Kenya and the United States have concluded the first phase of their trade talks

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The first round of the Strategic Trade and Investment Partnership (STIP), which will serve as the foundation for upcoming bilateral negotiations, has been completed between Kenya and the United States. The five days of negotiations for…
Capital News

Govt To Reopen Kenya-Somalia Border in Mandera

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Plans for the reopening of the Kenya-Somalia border in Mandera are nearing conclusion, with the renovation of the Customs Border Control Point set to begin soon. This follows a series of high-level consultations between the two countries…
CNBC Africa

Top 5 economies in Sub-Saharan Africa to watch out for in 2023, according to IMF

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Just when Africa’s economy appeared to be recovering from the COVID-19 pandemic, a range of internal and external shocks struck such as adverse weather conditions, and the Russian invasion of Ukraine – all of which worsened already rapidly…
Business Daily

IMF Projects Ethiopia, Angola Economies to Overtake Kenya

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Kenya is set to be replaced as the third-largest economy in sub-Saharan Africa by Angola and Ethiopia, weakening the East African country’s power to tap investors enticed with a population that has more cash to spend. Faster GDP growth…
Business Daily

Rich Kenyans sit on Sh922bn in dollars as shilling weakens

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Wealthy Kenyans and firms had piled up a record Sh922 billion in dollars by last November as they sought to preserve the value of their bank deposits amid a depreciating shilling. This is after they accumulated an extra Sh119.24 billion…
Telecom paper

Safaricom to Lose Sh2bn in Call Tariff Cut

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Safaricom projects to lose Sh2 billion in the financial year ending March 2023 after the Communications Authority of Kenya (CA) cut mobile termination rates (MTR) by 41.4 percent. MTRs are the charges levied by a mobile service provider…
Business Daily

Kenyan Exporters Earn Billions in Exchange Gains in Q3

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Kenyan exporters have booked billions of shillings in exchange gains from a weaker shilling as the Central Bank of Kenya’s decision to let the exchange rate act as a shock absorber began to pay off. Compared to the third quarter of…