Economy

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 …

Family Bank shareholders are set to pocket Sh1.1 billion in dividends, following board approvals. Click here to join our WhatsApp Channel The payout translates to Sh0.85 per share for the 2024 financial year, according to the lender’s announcement. This marks a 53 percent increase compared to 2023, when shareholders received …

The Kenya Bureau of Standards (KEBS) has relaxed restrictions on the importation of special-purpose vehicles, allowing units older than eight years and left-hand drive (LHD) models into the country under strict conditions. Click here to join our WhatsApp Channel In a notice issued to importers, KEBS announced that such vehicles …

KCB Group CEO Paul Russo has been appointed the new Chairperson of the Kenya Bankers Association (KBA), the umbrella body for all commercial banks in the country. Click here to join our WhatsApp Channel His election was announced during KBA’s Annual General Meeting in Nairobi, succeeding NCBA Group MD John …

The Kenya Tourism Board (KTB) is aiming for a 12.5% increase in tourist arrivals from Europe in 2025, building on continued efforts to attract more visitors from the continent. Click here to join our WhatsApp Channel To meet its goal of 764,734 European arrivals—up from 680,373 in 2024—KTB plans to …

Coffee farmers in Kirinyaga County have strongly rejected the Ministry of Cooperatives’ plan to introduce the Direct Settlement System (DSS), arguing that the move will harm cooperative societies and disadvantage small-scale producers. Click here to join our WhatsApp Channel Under the new model, each farmer would be paid directly through …