Economy

Kenya Wildlife Service (KWS) is set to increase entry fees to national parks and protected areas in a bid to cover a funding shortfall of Sh11.87 billion. Click here to join our WhatsApp Channel The proposed fee adjustment is outlined in the draft Wildlife Conservation and Management (Access and Conservation …

The government has introduced a 4% Sugar Development Levy (SDL) on all sugar produced locally or imported, starting July 1, 2025, as part of a broader strategy to revitalise Kenya’s sugar industry. Click here to join our WhatsApp Channel In a statement, the Ministry of Agriculture said the levy will …

Car and General, a leading automotive and equipment distributor, says it is experiencing a rebound in boda boda sales following a sharp decline in 2024. Click here to join our WhatsApp Channel General Manager George Rubiri attributed the recovery to improved buyer financial discipline and a more stable economic climate. …

The Kenya Bureau of Standards (KEBS) has implemented a mandatory document validation process for all used vehicle imports arriving in the country without a valid Certificate of Roadworthiness (CoR). Click here to join our WhatsApp Channel In a public notice to importers, KEBS said the new measure is designed to …

The Kenyan government has refuted claims that it has imposed a new ban on fresh avocado exports, assuring farmers and international buyers that trade is continuing as normal. Click here to join our WhatsApp Channel Government Spokesperson Isaac Mwaura dismissed the rumours, stating that no such ban was discussed during …

Kenya may suffer economic losses of up to Sh1 trillion and face worsening food insecurity over the next decade due to the 2023 ban on eight key pesticide ingredients, according to a new report. Click here to join our WhatsApp Channel The banned substances—used in over 140 pest control products—could …

Kenya Railways has resumed the Madaraka Express passenger train service between Mombasa and Nairobi following an abrupt suspension on Sunday night that triggered widespread public criticism and speculation. Click here to join our WhatsApp Channel In a statement released early Monday, Kenya Railways blamed the disruption on a “technical hitch” …

The Kenya Revenue Authority (KRA) has extended the deadline for filing 2024 income tax returns to July 5, following widespread technical issues that affected the iTax platform on June 30. Click Here To Subscribe To Our YouTube Channel In a public statement, KRA announced it will waive all penalties and …

Konza Technopolis has welcomed a delegation of leading Japanese technology companies as part of efforts to enhance collaboration in digital innovation, infrastructure development, and investment between Kenya and Japan. Click here to join our WhatsApp Channel The high-level meeting, which included government officials, private sector leaders, and representatives from major …

Stanbic Bank facilitated trade deals worth Sh76 billion and disbursed over Sh500 million in solar loans in 2024, reinforcing its drive toward sustainability and positioning itself as the region’s most environmentally conscious lender. Click here to join our WhatsApp Channel In its 2024 Sustainability Report titled “Deepening Impact while Building …