(NAIROBI, KENYA) – Kenya’s customs collections face fresh pressure after President William Ruto ordered the minimum customs charge for consolidated containerised cargo to be lowered to KES2 million ($15,500 / £12,200), a move that reverses a higher benchmark recently set by the Kenya Revenue Authority (KRA). The directive, issued onContinue Reading
(MOMBASA, KENYA) – Kenya and the Democratic Republic of Congo (DRC) are moving to strengthen cooperation between the Kenya Ports Authority (KPA) and Congolese authorities in a bid to expand trade and cement Kenya’s position as a logistics hub for Central Africa. Jomvu Member of Parliament Badi Twalib said improvedContinue Reading
(NAIROBI, KENYA) – Counties have received KES2.9 billion ($22.3 million / £17.6 million) in long delayed mineral royalties, the National Treasury has said, marking a boost for devolved units and communities around mining sites. The Treasury did not name beneficiary counties, but previous records showed that 32 mineral rich countiesContinue Reading
(Geneva, Switzerland) – The International Labour Organization (ILO) has called for stronger policies to help young people move from education to decent work amid rising informal employment, gender gaps, skills mismatches and rapid technological change. The call comes as the ILO Global Employment Trends for Youth 2026 report shows globalContinue Reading
(NAIROBI, KENYA) – Ten firms captured more than half of the KES217.45 billion ($1.51 billion / £1.19 billion / €1.40 billion) reported public tenders in the year ended June 2025, deepening the concentration of lucrative government business among a handful of suppliers. Public Procurement Regulatory Authority (PPRA) data shows theContinue Reading
(NAIROBI, KENYA) – Kenya’s trade deficit in goods climbed towards a record KES1 trillion ($6.92 billion / £5.45 billion / €6.45 billion) mark in the first six months of 2026, after an increase in the cost of fuel imports widened the gap between export earnings and the import bill. TheContinue Reading
(NAIROBI, KENYA) – Kenya’s budget deficit is expected to widen by KES 143 billion to KES 1.288 trillion in the current financial year, driven by higher interest payments on domestic debt and possible tax cuts ahead of the 2027 General Election. A wider budget deficit points to increased borrowing becauseContinue Reading
(NAIROBI, KENYA) – Wheat millers have warned of possible price increases for flour, bread, chapatis and other wheat products. The warning follows delays by the government in approving imports to bridge a looming supply shortfall. The Cereal Millers Association said there are delays in the release of a critical governmentContinue Reading
(NAIROBI, KENYA) – Kenya’s budget deficit is expected to widen by KES 143 billion to KES 1.288 trillion. The increase is driven by higher interest payments on domestic debt and possible tax cuts ahead of the 2027 general elections. The deficit figure is equal to about $8 billion or £6.3Continue Reading
(HALIFAX, CANADA) – Canadian shoppers in Nova Scotia are turning away from American alcohol brands as trade discussions between Canada and the United States continue. Many consumers say they have already replaced wines, beers and spirits from the United States with products from Canada and other countries. Janice Peet, aContinue Reading
