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East Africa has become a key frontier for economic expansion so as to have a balance of power against the West and as a…
The market share of Tanzania tea is gaining ground globally.…
People have been told for a long time that the…
Absa Bank Kenya has announced the exit of its CEO Jeremy Awori after nearly ten…
Uber is expanding into eight more cities across Kenya, Nigeria and Ghana and raising its…
Kenya’s Purchasing Managers’ Index (PMI) fell below the 50 points mark to 44.2 in August…
Ruto’s bottom-up economics plan, as described in his manifesto, appealed to the electorate all over the country. The high cost of living and the rising commodity prices have mainly caused despair and hopelessness among those at the bottom of the economic pyramid.
Ruto’s promises, if realised, might give significant relief from poverty and insecurity, notwithstanding the current catastrophic drought, weak institutions, and worldwide economic instability.
Ruto’s victory is thrilling for the most vulnerable members of Kenyan society. Still, if the incoming president fails to deliver on his campaign promises, political confidence will be difficult to regain, and social unrest will likely occur in the long term.
The International Finance Corporation (IFC) says it will extend USD 150.0 million (KSh 18.0 billion)…
A new report by Knight Frank indicates that the ongoing war in Ukraine will affect…
