(NAIROBI, KENYA) – East African Community (EAC) nationals can live, work and run businesses in Kenya without paying for a work permit, even as a pronouncement by President William Ruto to bar foreign nationals from operating micro and small enterprises stirs unease in the region. The pronouncement has particularly unsettledContinue 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) – Emergency government spending in Kenya reached KES 364.24 billion over the four year period ending June 2026, according to official data published by the Office of the Controller of Budget. The figure amounts to approximately $2.82 billion based on current exchange rates. The disclosures reveal a sharpContinue Reading
(NAIROBI, KENYA) – The gap between what banks in Kenya charge on loans and pay on deposits narrowed to a 10 month low of 7.46 percentage points in July. The trend reflects pressure on lenders to balance lower borrowing costs for customers against the need to keep savers from movingContinue Reading
(KISUMU, KENYA) – An acute milk shortage has hit Kisumu city, forcing retailers to ration supplies and raise prices for a product that is a staple food for many Kenyan households. Supermarkets and shops across the city are reporting empty shelves, while outlets with stock have increased prices sharply. AContinue Reading
(NAIROBI, KENYA) – Kenyan apparel exporters secured a two year extension of duty free access to the United States market after Washington renewed the African Growth and Opportunity Act to 31st December, 2028. The extension keeps in place the third country fabric provision which allows Kenyan manufacturers to source rawContinue Reading
(NAIROBI, KENYA) – Kenya’s formal milk deliveries to processors fell 3.7% to 81.3 million litres in July from 84.4 million litres in June. The decline has caused intermittent shortages of some milk brands and pack sizes in retail outlets. The government and dairy industry stakeholders have started measures to restoreContinue Reading
(NYERI, KENYA) – Milk supply in Nyeri has fallen sharply as farmers contend with high feed costs and a prolonged cold and dry spell. Some dairies have cut client numbers and reduced deliveries. The drop has also pushed up retail prices for a 500 millilitre packet by about KES4 toContinue Reading
(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
