Economy

Court Clears Import of 250,000 Tonnes of Duty-Free Rice

The High Court in Kerugoya has given the government the go-ahead to partially implement a gazette notice on duty-free rice imports, despite opposition from local farmers. The notice, issued on July 28 by Agriculture CS Mutahi Kagwe, had authorized the importation of 500,000 metric tonnes of grade one milled white …

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Britam Launches EV Insurance to Boost Green Mobility

Britam has introduced a specialized insurance cover for Electric Vehicles (EVs) and hybrids, in a bid to support Kenya’s fast-growing e-mobility sector. Click here to join our WhatsApp Channel The new product, aligned with the country’s low-carbon economy agenda, comes as the Ministry of Transport’s Draft National e-Mobility Policy sets …

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CS Kagwe Champions Innovation in ASALs to Fight Hunger

Agriculture Cabinet Secretary Mutahi Kagwe has urged scientists, innovators, and policymakers to channel their efforts into unlocking the potential of Kenya’s Arid and Semi-Arid Lands (ASALs) as part of the country’s strategy to achieve food security. Click here to join our WhatsApp Channel Delivering his remarks at the Kenya National …

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Safaricom’s AI-Powered Procurement Tool Wins Top Industry Award

Safaricom has been named the winner of the Best Use of Digital Technology category at the 2025 Chartered Institute of Procurement and Supply (CIPS) Africa Excellence in Procurement and Supply Awards. Click here to join our WhatsApp Channel The recognition was earned through the telco’s AI-driven Supply Market Analysis tool, …

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I&M Group Records 34% Profit Surge on Regional Growth

I&M Group has reported a 34 percent jump in pre-tax profit for the first half of 2025, rising to Sh11.7 billion from Sh8.7 billion a year earlier. The lender credited the growth to robust performance across its regional subsidiaries in Rwanda, Tanzania, Uganda, and Mauritius, which jointly contributed 24 percent …

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Historic Bus Body Builder Placed Under Administration

Labh Singh Harnam Singh Limited, one of Kenya’s longest-serving bus body manufacturers, has been placed under administration after the High Court appointed joint administrators to take control of the company’s operations. Click here to join our WhatsApp Channel In a gazette notice issued on August 13, 2025, Ponangipalli Venkata Ramana …

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How to Become a Seller on Jumia: Step-by-Step Guide

Jumia, one of Africa’s leading e-commerce platforms, offers businesses and individuals an opportunity to reach millions of online shoppers. Whether you’re selling electronics, fashion, home goods, beauty products, or fresh produce, joining Jumia as a seller can boost your visibility and sales. Click here to join our WhatsApp Channel Here’s …

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Govt to Set Up Highway Rest Stops for Lorries

The government plans to set up designated resting areas for lorries along major highways and widen road sections at high-risk blackspots as part of efforts to reduce road accidents. Click here to join our WhatsApp Channel Transport Cabinet Secretary Davis Chirchir said the ministry will use telematics to track truck …

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EPRA Announces New Fuel Prices

A petrol station attendant fuelling a car. Photo I File

The Energy and Petroleum Regulatory Authority (EPRA) has reduced the pump prices of Super Petrol and Kerosene by Ksh.1 per litre, while leaving Diesel prices unchanged. Click here to join our WhatsApp Channel EPRA Director General Daniel Kiptoo announced on Thursday that the new prices will be in effect from …

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Kenya Airways Plans to Add 16 Aircraft to Strengthen Global Position

Kenya Airways (KQ) is looking to expand its fleet by 16 aircraft, increasing its capacity from the current 34 to 50 planes as part of a strategy to enhance both regional and international competitiveness. Click here to join our WhatsApp Channel CEO Allan Kilavuka said the expansion is key to …

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