(NAIROBI, KENYA) – Kenya’s Treasury is earning more from public funds invested in government securities, as state entities hold a growing share of domestic debt. Government entities, semi-autonomous agencies and public sector funds held KES 513.31 billion ($3.97 billion / GBP 3.13 billion) in Treasury bonds and bills as ofContinue Reading
(NAIROBI, KENYA) – Kenya’s KES 7.28 billion ($56.4 million / GBP 44.5 million) diplomatic property programme is facing persistent delays and cost overruns, with several missions abroad struggling to complete renovations, the Controller of Budget has said. According to the National Government Budget Implementation Review Report for FY2025-26, implementation ofContinue Reading
(NAIROBI, KENYA) – Kenya could take at least 41 years to reach its target of registering one million .ke domain names if the current rate of growth is sustained, the state agency mandated with the registration has said. The Kenya Network Information Centre (KENIC) says the scale of the challengeContinue Reading
(NAIROBI, KENYA) – Kenya is set to break ground for the much anticipated KES 2.2 trillion ($15 billion / GBP 12 billion) East Africa oil refinery in Lamu by Nigerian billionaire Aliko Dangote on 30th September. On Wednesday, Deputy President Kithure Kindiki chaired a high level inter ministerial and interContinue Reading
(NAIROBI, KENYA) – Kenya’s new motor vehicle sales fell sharply in July, extending a slowdown despite lower interest rates and a stable exchange rate that have eased asset financing for buyers. Dealers sold 1,677 vehicles during the month, 235 fewer than the 1,912 units sold in June, representing a 12.3%Continue Reading
(NAIROBI, KENYA) – Banks and Safaricom accounted for 80.2 % of all dividends paid by companies listed on the Nairobi Securities Exchange in the last full financial year, confirming their place as the top choice for investors seeking steady income from equities. The 12 listed banks and the telecoms operatorContinue Reading
(NAIROBI, KENYA) – The International Air Transport Association has criticised Kenya for supporting Kenya Airways while imposing charges and policies that raise the cost of air travel and hold back the national carrier’s growth. Kamil Al-Awadhi, IATA’s Regional Vice President for Africa and the Middle East, said Kenya is amongContinue Reading
(NAIROBI, KENYA) – Kenya Airways has restructured its top management, changing reporting lines across several business segments as the national carrier seeks to steady operations amid mounting financial and operational pressure. The changes, which took effect on 7th September 2026, come days after acting chief executive George Kamal resigned forContinue Reading
(NAIROBI, KENYA) – Calls are growing for Kenya to shift part of its tax burden from consumption to wealth, with policy experts and civil society groups pressing for a tax on the country’s richest individuals. The push comes as ordinary households continue to carry a large share of the taxContinue Reading
(NAIROBI, KENYA) – The United States has pledged to support Kenya’s minerals sector through local processing, skills transfer and community investment, as Nairobi pushes for a shift away from raw mineral exports and demands value addition from investors. The commitment comes amid a fresh confrontation with Tata Chemicals over itsContinue Reading
