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Kenya

Relief for industries, households as Kenya Power ends electricity interruptions

October 29, 2019

Africa

Why Kenya’s Capital Markets Authority is King in Africa

October 25, 2019

East Africa

Rwanda leads EAC in global ease of doing business

October 24, 2019

Kenya

Kenya’s insurance premiums hit US$1.13 billion mark

September 14, 2019

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Kenya has reaffirmed its continued push for the closure of all ivory trade markets across the world. First Lady Margaret Kenyatta says the country will continue with its campaign against the reopening of markets for animal trophies especially ivory. The campaign is being supported by 31 other African states grouped under the African Elephant Coalition (AEC).The First Lady spoke at an ivory burning site inside the Nairobi National Park where she presided over the official launch of the CITES CoP18 Awareness Campaign. The CITES CoP18 global conference is scheduled for this month in Geneva, Switzerland.

Kenya push for closure of ivory trade

by Chacha Mwita

May 26, 2020

Kenya has reaffirmed its continued push for the closure of all ivory trade markets across the world. First Lady Margaret...

Economic Impact of Non-Communicable Diseases in East Africa

by Indicator

July 10, 2019

Today’s indicator figure is 12%. 12% of what? The East African pharmaceuticals market is expected to grow 12% per...

The Kenyan insurance sector has been rocked with controversies among them failure to meet contract obligations, exposing policy holders to risks rather than being cushioned as expected of indemnity. It has emerged that over ten insurance companies in Kenya are not paying claims, despite collecting billions in monthly premiums from their clients. There are 37 general insurance companies and 25 long term insurance companies, placing the total number of underwriters at 62.

Why Kenya’s insurance sector is “rotten”

by Chacha Mwita

June 27, 2019

Kenya's insurance sector has been rocked with controversies among them failure to meet contract obligations, exposing policy holders to risks...

Let us unite to end Child Labour

by Indicator

June 13, 2019

Today marks 17 years since the International Labour Organisation (ILO) declared a fight against child labour. June 12th is World...

Central Bank of Kenya’s Monetary Policy Committee has lowered the Central Bank Rate to 8.50 per cent from 9.00 per cent, despite the removal of interest rate capping in the country.

Why banks in Kenya will lend at a maximum 13%

by Chacha Mwita

May 27, 2019

In yet another review of the country’s macroeconomics, Kenya’s Central Bank has held the benchmark lending rate at 9 per...

The rising global prices which have been on an upward trend since January are putting pressure on Kenya’s economy, as the country’s population continues to dig deeper into their pockets to meet the cost of living. This is in the wake of a rising inflation which rose to 6.58 per cent in April from 4.35 per cent in March, the highest increase in the cost of living in 19 months, mainly driven by high food prices. Crude oil prices have been on the rise since January affecting the transport, manufacturing, agriculture and energy sectors in Kenya.

Global oil prices pile pressure on Kenya’s economy

by Chacha Mwita

May 21, 2019

Global oil prices which have been on an upward trend since January are putting pressure on Kenya’s economy, as the...

Kenya has been operating a managed shilling than a free float currency, running a risk of making its exports more expensive in the short run as compared to competitors, eventually causing a reduction in export earnings and the economy’s growth, a report by Amana Capital has established. Reduced growth in revenue, employment and export earnings coupled with increased debt servicing commitments are the key threats facing Kenya’s economy

Is the Kenya shilling over valued? What experts think

by Chacha Mwita

May 10, 2019

The Kenya shilling is arguably the strongest currency among the East Africa Community (EAC) member states, giving the region’s economic...

The Kenya Revenue Authority (KRA) has received a go-ahead to collect more than Ksh2.7billion (US$26.7 million) worth of monthly taxes on withholding tax on winnings from Sportpesa.This follows a ruling by Milimani Commercial Courts Chief Magistrate, Peter Gesora, allowing KRA to collect withholding taxes on winnings from betting games on the Sportpesa platform among others, that have been failing to withhold tax on winnings.

Banning gambling in Africa: the consequences of sports betting on the continent

by Chacha Mwita

May 4, 2019

How Kenya is banning gambling advertising The Kenyan government has banned outdoor advertisement of gambling as it moves to introduce...

Kenya will be keen to secure a Ksh370 billion (US$3.67 billion) loan from China for the Standard Gauge Railway (SGR) as the World meets for the second Belt and Road Forum for International Cooperation (BRF) in Beijing this week. President Uhuru Kenyatta and former Prime Minister Raila Odinga are expected to lead a delegation from Kenya to the Beijing meeting. If secured, It will push up Kenya’s debt obligation to China to above US$9.8 billion (Ksh991.2 billion), after loans from Beijing closed 2018 at US$6.2 billion (Sh627.1 billion).

Kenya’s Chinese debt to hit USD9.8 billion as world meets in Beijing

by Chacha Mwita

April 23, 2019

Loans from China closed 2018 at USD6.2 billion (Ksh 627.1 billion) Kenya will be keen to secure additional funds from...

Average age of an East African citizen

by Indicator

April 18, 2019

The indicator in question in this column is figure 17.6. 17.6 of what? According to published government statistics, the median...

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