Economy

‘Acha Iende’ Betty Kyalo Opens Up About Business Struggles Amid Harsh Economic Climate in Kenya

Media personality Betty Kyalo recently shared her challenges navigating the business landscape in Kenya, following the distressing situation she faced with her Flair by Betty salon. Kyalo revealed that her salon faced auction due to rent arrears, shedding light on the harsh realities many businesses encounter amidst economic hardships. In …

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Government Officials Summoned Over Counterfeit Fertilizer Scandal

Law enforcement agents have summoned numerous officials from government bodies involved in the distribution of counterfeit fertilizer for questioning regarding the ongoing scandal. The initial group called in for interrogation, from Friday to Sunday, comprised representatives from the Kenya Bureau of Standards (KeBS) and suppliers implicated in the matter. Subsequently, …

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Gachagua: Only 50,000 Fertiliser Bags Substandard Out of 4 Million

Deputy President Rigathi Gachagua has reassured the public regarding the nation’s food security amidst concerns about counterfeit fertiliser in the market, emphasizing that only a fraction of the imported stock failed to meet quality standards. During a meeting with Kenyan residents in Rwanda, Gachagua disclosed that out of the 4 …

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March Records Two-Year Low Inflation Amid Food Price Decrease

The inflation rate in March hit a two-year low of 5.7 percent, a significant drop from February’s 6.3 percent and January’s 6.9 percent, primarily driven by reduced prices of food items, fuel, and electricity. According to the Kenya National Bureau of Statistics (KNBS), price adjustments in essential categories such as …

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NTSA Suspends Licenses for Two Transport Companies

The National Transport and Safety Authority (NTSA) has taken action to suspend the operating licenses of two transport companies due to non-compliance with speed regulations mandated by law. In an announcement made by Director General George Njao, Bungoma Line Safari Ltd and Smart Highways Sacco Ltd have been found in …

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Kenya Airways Seeks Approval to Extend Joint Venture with Precision Air

Kenya Airways (KQ) and Precision Air are seeking an extension of a special waiver granted two years ago, allowing them to collaborate and share revenues on routes covered by a joint venture agreement. The Competition Authority of Kenya (CAK), in its latest report covering the financial year ending June 2023, …

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Starbucks Hotel Among Five Upscale Establishments Shut Down Amid Alcohol Crackdown

In Karatina town, Nyeri, five prominent hotels have been closed as part of an intensified crackdown on alcoholism. The closures come just a day after President William Ruto’s visit to the county, where he reiterated the government’s commitment to eradicating alcohol and substance abuse. READ ALSO: Why Shanzu Court Declared Shisha …

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Mudavadi: Visa Waiver Policy Nearly Doubles Visitor Numbers

The government has reported a substantial surge in visitor arrivals since the implementation of the visa waiver policy, according to Prime Cabinet Secretary and Cabinet Secretary for Foreign and Diaspora Affairs, Musalia Mudavadi. Mudavadi revealed that the volume of visitors between January and March nearly doubled compared to the same …

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Government Secures 5 Million Bags of Fertilizer, President Ruto Assures Farmers

With the planting season drawing near nationwide, the availability and quality of fertilizer remain hot topics of discussion. Farmers from various regions have raised concerns about the insufficient supply of this essential agricultural input, evident from long queues observed at several National Cereals and Produce Board (NCPB) warehouses. However, President …

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CS Tuya Urges Fruit Tree Planting for Green Future

Environment, Climate Change, and Forestry Cabinet Secretary, Soipan Tuya, has called upon Community Forests Associations (CFAs) and the wider Kenyan populace to actively engage in the planting of fruit tree seedlings. This initiative aims not only to foster a greener landscape but also to bolster food security across the nation. …

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