Economy

The National Treasury has called on members of the public and stakeholders to submit proposals for changes to tax policy for the 2026/27 financial year as preparations for the next budget get underway. In a public notice, the Treasury said the consultation process is guided by constitutional and legal requirements …

Japanese company Asahi Group has agreed to purchase a majority stake in East African Breweries PLC (EABL) from Diageo in a deal valued at Sh296.5 billion. The agreement will also include Asahi taking ownership of Kenya’s spirits business, UDV (Kenya) Limited, uniting both beer and spirits operations under a single …

Airtel Africa has entered into a partnership with SpaceX to introduce Starlink Direct-to-Cell satellite connectivity across its 14 African markets, becoming the first large-scale satellite-to-mobile service on the continent. The deal will allow Airtel Africa’s 174 million subscribers to access mobile services in locations without traditional network coverage, using compatible …

The government is rolling out new technology to accelerate a nationwide livestock vaccination drive targeting 22 million cattle and 50 million sheep and goats. Central to the initiative is the Mifugo 360 digital platform, which registers farmers and allows them to access subsidised veterinary services through an electronic voucher system. …

Tourism Cabinet Secretary Rebecca Miano has welcomed the Cabinet’s approval of the Kenya National Convention Bureau (KNCB), describing it as a major step in positioning Kenya as a leading hub for Meetings, Incentives, Conferences, and Exhibitions (MICE). The bureau will oversee the planning, marketing, and execution of international conventions and …

Two Rivers International Finance and Innovation Centre (TRIFIC), which operates the Two Rivers Special Economic Zone (SEZ), has announced plans to introduce a Sh5 billion green, US dollar–denominated Income Real Estate Investment Trust (I-REIT) to fund the development and acquisition of environmentally sustainable commercial office towers. Once rolled out, the …

The Kenya Electricity Transmission Company Limited (KETRACO) has entered into a Sh40.4 billion ($311 million) Public-Private Partnership (PPP) agreement with a consortium made up of Africa50 and India’s Power Grid Corporation, in a significant move to expand and modernise the country’s electricity transmission system. Under the arrangement, the project will …

BasiGo, a leading provider of electric bus solutions, has unveiled a new electric vehicle (EV) charging station at the upgraded Shell Athi River service station, further expanding Kenya’s rapidly growing e-mobility infrastructure. This marks BasiGo’s third Shell-hosted charging facility in the country, following earlier openings at Shell Waiyaki Way in …

Fuel pump prices will remain unchanged for the December–January pricing cycle, the Energy and Petroleum Regulatory Authority (EPRA) has announced, offering some relief to consumers during the Christmas and New Year period. In its latest review, EPRA said a litre of petrol will continue selling at Sh184.52 in Nairobi until …

The Kenyan government is planning to establish a large-scale date palm industry in arid and semi-arid lands (ASALs) as part of efforts to cut import dependence and tap into a lucrative global market largely controlled by producers in the Middle East and North Africa. The initiative was showcased during a …