Economy

Flight operations have resumed at Kisumu International Airport following the clearance of the runway. Kenya Airways (KQ) confirmed in a statement on Friday that flights to and from Kisumu are now operating as scheduled. The Kenya Aviation Authority (KAA) and Kenya Civil Aviation Authority (KCAA) conducted safety operations and declared …

John Mututho, the former Chair of the National Council Against Alcohol and Drug Abuse (NACADA), has recently voiced his opinion on the prohibition of muguka in Mombasa and Kilifi Counties. As an advocate for combating substances that impair judgment, Mututho highlights muguka and miraa as particularly challenging substances, based on …

By: KNA The government has put in place measures to make sure Muhoroni, Nzoia, Sondu, and Chemilil sugar factories get back to real business so that they can provide livelihoods to the people of the region and the country as a whole. The Principal Secretary, State Department of Agriculture, Dr. …

President William Ruto has declared the prohibition of muguka in Mombasa and Kilifi counties ineffective, asserting that muguka is officially recognized under the Crops Act 2013 and the Miraa Regulations 2023. These regulations, ratified by both the National Assembly and the Council of Governors, mandate government support for muguka’s cultivation, …

The Kenya Revenue Authority (KRA) has announced an extension of its operational hours starting from June 3 until June 30. This decision aims to facilitate tax return filing before the deadline on June 30. During this period, the Tax Service Offices will operate from 7 am to 7 pm on …

Kenya Power’s profit from every Sh100 paid by customers is minimal, according to Managing Director Joseph Siror. He stated that out of this amount, Kenya Power receives around Sh2 or less as profit. Approximately Sh20 goes towards covering the utility firm’s operational expenses, while the majority, about 65%, is allocated …

Ruto has announced a substantial relief package of Sh6 billion for coffee farmers, aiming to alleviate their debts and rejuvenate the sector. Speaking to Kenyan residents in the United States during a state visit, President William Ruto pledged to lead the Cabinet in approving the debt write-off upon his return …

Proposals in the Finance Bill 2024 indicate a looming 80% increase in cooking oil prices, a move vehemently contested by the Edible Oil Manufacturers Association of Kenya. They argue that the suggested 25% excise duty on vegetable oils, part of the proposed bill, would create an unbearable financial burden for …

Mobile money transactions surged to KSh5.5 trillion in 2023, as reported by the Kenya National Bureau of Statistics (KNBS). The National Economic Survey for 2024 highlighted a decline of 600,000 mobile money subscribers within the country in the preceding year. The survey indicated a reduction in the total number of …

In 2023, Kenya’s GDP surged to Ksh.15.1 trillion, marking a growth of 5.6 percent compared to 4.9 percent in 2022, as per the latest data from the Kenya National Bureau of Statistics (KNBS). This increase pushed Kenya’s GDP per capita to $2,097. Key contributors to this growth included industries like …