Economy

Business executives from Kenya and South Africa have renewed calls for stronger economic cooperation, increased intra-African trade, and faster implementation of regional integration initiatives across the continent. The appeal was made during the Kenya-South Africa Business Forum held in Johannesburg on Thursday, coinciding with President William Ruto’s state visit to …

The Kenya Electricity Generating Company, KenGen, has suffered a setback after the Tax Appeals Tribunal upheld a Sh2.36 billion compensating tax assessment issued by the Kenya Revenue Authority. The ruling stems from a long-running dispute over dividend payments made by KenGen between 2020 and 2023. The Tribunal found that the …

Kenya could begin commercial oil production in Turkana before the end of 2026, according to Energy Cabinet Secretary Opiyo Wandayi, who says preparations are underway to finally bring the long-delayed project into operation. Speaking on Radio Jambo on Friday, Wandayi expressed confidence that the country is nearing a major milestone …

Bolt has expanded its presence in Kenya’s digital economy by entering the on-demand retail space through a new partnership with supermarket chain Quickmart. The collaboration will allow customers to order more than 12,000 products from over 60 Quickmart branches directly via the Bolt Food app, marking a shift from food …

Kenya’s electric mobility sector received a major boost on Wednesday after global electric two-wheeler manufacturer YADEA officially entered the market, unveiling a motorcycle designed specifically for the country’s boda boda industry. The company introduced its KIFA electric motorcycle during Autoexpo Kenya 2026 in Nairobi, marking Kenya as a strategic hub …

Kenya has taken a significant step in its industrial development journey with the launch of the local assembly of the Toyota Hiace matatu at the Kenya Vehicle Manufacturers (KVM) facility in Thika. Cabinet Secretary for Investments, Trade and Industry Lee Kinyanjui announced the milestone, noting that the initiative marks a …

Kenya’s horticulture sector recorded strong export performance, with flower exports contributing significantly to earnings that reached Sh143.78 billion in 2025, according to the Agriculture and Food Authority (AFA). The latest figures, released ahead of the International Flower Trade Expo (IFTEX) 2026, highlight floriculture as one of the country’s leading foreign …

Passenger train services between Nairobi and Nyahururu have officially resumed after a 46-year break, marking the revival of one of Kenya’s historic railway corridors. On Monday, the sound of a train whistle once again echoed along the Nairobi–Gilgil–Ol Kalou–Nyahururu route as the first passenger service departed Nairobi Central Railway Station …

Ride-hailing firm Bolt has dismissed rumours circulating online claiming it will shut down its operations in Kenya, terming the reports false and misleading. In a statement released on June 1, the company said it had become aware of a fake document being shared on social media and messaging platforms alleging …

Kenya’s annual inflation rate climbed to 6.7 percent in May 2026, up from 5.6 percent in April, reflecting higher prices for food, transport, fuel and other essential household expenses. New figures released by the Kenya National Bureau of Statistics (KNBS) show a notable rise in the cost of living, driven …