(ELDORET, KENYA) – Kenya has announced plans to cut income tax for low earners, exempt cheap land deals from stamp duty and remove import duty on mobile phones, measures worth billions of shillings in relief to households. Workers earning less than KES32,333 ($250) a month will pay reduced income tax,Continue Reading
(NAIROBI, KENYA) – Kenyan state parastatals have sold a combined 24.76% stake in Kenya Pipeline Company (KPC) to an unnamed foreign investor, less than eight months after spending billions of shillings to buy the shares. A source familiar with the deal said at least eight parastatals sold their shares inContinue Reading
(NAIROBI, KENYA) – A sharp fall in the Ugandan shilling against the US dollar is raising concern in Kenya over costlier goods and shrinking exports to its neighbour, with the slide threatening trade worth KES162.4 billion ($1.2 billion) a year. The Ugandan shilling has lost more than 14% against theContinue Reading
(ELDORET, KENYA) – Hotels, Airbnb apartments, restaurants, taxi operators and traders in Eldoret have reported a sharp rise in business as visitors arrive for Mashujaa Day celebrations at Kipchoge Keino Stadium. The arrival of government officials, corporate delegations and other guests has increased demand for accommodation, food, transport and otherContinue Reading
(NAKURU, KENYA) – A land verification and validation exercise has begun in four sub-counties in Nakuru to confirm land ownership and speed up the issuance of title deeds. The exercise runs from 19th October to 29th October 2026 as part of the tenure regularisation process. It is being overseen byContinue Reading
(ACCRA, GHANA) – Kenya has won 23 excellence awards at the Africa Public Sector Conference and Awards (APSCA) 2026 gala held in Accra, Ghana, confirming the country’s strong standing in public sector governance and service delivery. The awards recognised individuals and institutions across Kenyan government agencies for leadership, innovation andContinue Reading
(NAIROBI, KENYA) – South Africa’s Nedbank Group has completed the acquisition of a 66% controlling stake in NCBA Group, marking a major shift in ownership of one of East Africa’s largest banking groups. The transaction, announced on 19th October following receipt of the required regulatory approvals, makes NCBA a subsidiaryContinue Reading
(MAKUENI, KENYA) – Makueni County plans to hand over its KES 1 billion ($7.7 million) fruit processing factory to a private investor under a concession deal aimed at maximising output. The Public Private Partnership (PPP) unit of the National Treasury approved the concept note for the concession in September 2026,Continue Reading
(NAIROBI, KENYA) – Air travel between Kenya and the Middle East rebounded in the third quarter despite the ongoing conflict, with Dubai overtaking London as the top destination for travellers departing from Nairobi. Departures from Jomo Kenyatta International Airport (JKIA) to Middle Eastern destinations rose 16% to 151,295 in JulyContinue Reading
(NAIROBI, KENYA) – Naivas, Quickmart and Carrefour now hold a combined 60% of Kenya’s formal retail market, driven by fast store expansion across the country. Naivas leads with a 31% market share by estimated revenue in 2025, according to disclosures by Quickmart, citing market intelligence firm Sagaci Research. Quickmart publishedContinue Reading
