Tag Archives: Kenya Economy

The Capital Markets Authority (CMA) has approved an exemption allowing Vodafone Kenya Limited (VKL) to proceed without making a mandatory takeover offer, clearing a key hurdle for a proposed Sh206 billion (US$1.6 billion) transaction involving Safaricom PLC. The approval enables Vodafone Kenya to acquire 6.01 billion ordinary shares in Safaricom …

Kenya risks losing nearly 2,900 jobs and experiencing a slowdown in investment as the Ebola outbreak in the Democratic Republic of the Congo (DRC) continues to disrupt regional trade and business activity, a new United Nations Development Programme (UNDP) report has warned. Although Kenya has not recorded any Ebola cases, …

Kenya’s annual inflation rate eased slightly to 6.4 per cent in June, down from 6.7 per cent recorded in May, offering modest relief to consumers even as the cost of food and transport remained elevated. According to the latest Consumer Price Index (CPI) report released by the Kenya National Bureau …

The Board of I&M Group PLC has appointed Abdi Mohamed as the incoming Chief Executive Officer of I&M Bank Kenya, subject to approval by the Central Bank of Kenya (CBK). In a statement issued to shareholders on Monday, the lender announced that Mohamed will join the bank from Absa Bank …

The Nairobi Securities Exchange (NSE) is Kenya’s primary stock market where investors buy and sell shares of publicly traded companies. It serves as a marketplace that connects companies seeking investment capital with individuals and institutions looking to invest their money. Established in 1954, the NSE has grown into one of …

Mobile money subscriptions in Kenya increased by two million to reach 53.4 million in the third quarter of the 2025/26 financial year, highlighting continued expansion of the country’s digital payments ecosystem. According to the latest data from the Communications Authority of Kenya (CAK), subscriptions grew from 51.4 million in the …

By: Moses Mutua, Mt Kenya university  The Finance Bill 2026 has once again placed Kenya at a critical decision point. As Parliament continues debating the proposals, the country is confronted with a pressing question: how can the government raise adequate revenue to fund public services without overwhelming citizens and businesses …

Wiper Party leader Kalonzo Musyoka has criticized the government’s recent Sh10 reduction in diesel prices, saying the move is inadequate and will not provide meaningful relief to Kenyans struggling with the high cost of living. He called for significant reductions in fuel taxes and levies to lower pump prices to …

Energy Cabinet Secretary Opiyo Wandayi has attributed the recent increase in fuel prices in Kenya to the ongoing crisis in the Middle East, saying disruptions in the global energy market have significantly raised the cost of importing petroleum products. Click here to join our WhatsApp Channel In a statement on …

Treasury Cabinet Secretary John Mbadi has suggested exempting Kenyans earning Sh30,000 or less from Pay As You Earn (PAYE) tax. The proposal, which still requires parliamentary approval, is intended to ease the cost-of-living pressure on low-income earners. Speaking at the People’s Dialogue Forum in Meru, Mbadi said the government does …