Economy

The government has rolled out two new initiatives aimed at increasing both domestic and international tourism, including the Magical Kenya Souvenir Passport, which allows travellers to record visits to various attractions across the country. President William Ruto launched the souvenir passport during the Kenya Tourism, Wildlife and MICE Week held …

Kenya is forfeiting over Sh685 billion each year in unrealised export potential, according to a new competitiveness report that highlights major structural weaknesses limiting the country’s ability to grow its exports—even though ready markets exist both regionally and internationally. The Kenya Export Competitiveness Study (2025), published by the Kenya Association …

Fried chicken has been ranked the most ordered dish in Kenya this year, according to new data released by Uber Eats. The report shows shifting consumer tastes, with more Kenyans opting for quick, comforting meals that are both flavorful and convenient. Click here to join our WhatsApp Channel Fried chicken …

The Kenya Tourism Board (KTB) has unveiled plans to train more than 200 young people in tourism and hospitality, aiming to boost youth participation and entrepreneurship in the sector. Speaking during the third day of the Jamhuri Week celebrations at Kenyatta International Convention Centre (KICC), KTB CEO June Chepkemei emphasized …

Airtel Money has crossed the 10% market share mark for the first time, intensifying competition for Safaricom’s M-Pesa, whose share has dropped below 90% for the first time. Data from the Communications Authority (CA) for the September 2025 quarter shows Airtel Money’s market share rising to 10.3%, continuing a growth …

Former presidential economic adviser Moses Kuria has downplayed the growing uproar over a potential Safaricom stake sale triggered by Kiharu MP Ndindi Nyoro, saying the discussion is missing the real problem. Kuria argues that the focus on Safaricom distracts from deeper structural weaknesses in Kenya’s capital markets, particularly the long-standing …

A new petition is calling on Parliament to halt the government’s planned sale of a 15% stake in Safaricom, raising concerns about transparency, valuation, and potential long-term financial risks. Lawyer Francis Wanjiku has submitted a memorandum to the National Assembly’s Finance and Privatization committees, warning that the State could be …

Family Bank has successfully closed its private placement of ordinary shares, raising Sh8 billion—well above its Sh6.09 billion target—representing an oversubscription of 131 percent. The bank said the fresh capital will drive its digital transformation, expand lending capacity, and support growth plans both locally and regionally. Click here to join …

Kenya’s inflation rate fell slightly to 4.5 percent in November, down from 4.6 percent in October, staying comfortably within the Central Bank of Kenya’s target range of 2.5–7.5 percent. According to the Kenya National Bureau of Statistics, the modest decline was driven by lower prices of essential household items. Click …

A Chinese national has been apprehended at Nairobi’s Gikomba market after the Anti-Counterfeit Authority (ACA) confiscated 65,000 fake socks and clothing items valued at about Sh50 million — marking one of the biggest pre-holiday enforcement actions this year. The operation followed an intellectual-property complaint lodged by Spoor & Fisher on …