Economy

Economy

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Magunas Meru Magunas Meru
Economy•

Private sector activity eases in August after July’s protest hit

PMI increased to 49.4 in August, from a 12-month low of 46.8, in July when Kenya's business environment was torn by a double tragedy of protests
IFAD Credit Bank IFAD Credit Bank
Economy•

IFAD's sacco-led model to drive financial inclusion in rural Kenya pays off

Under IFAD push in two years, over 1,800 remittance receivers opened accounts
Corruption Kenya Corruption Kenya
Economy•

Foreign investors in Kenya flag threat of graft, energy costs, and tax administration

Investors are also concerned about the increasing prevalence of counterfeits
Nexi Kenya Japan Nexi Kenya Japan
Economy•

Kenya courts Japan with Sh22Bn Yen loan amid debt pressure

Samurai loan, which will be insured by Nippon Export and Investment Insurance (

Below the fold

Below the fold

Tea exports
Economy•

Poor weather cuts first quarter tea output by 18 percent

Fertiliser subsidy
Economy•

Treasury cuts agriculture sector budget by 12% to KES47.6Bn

Treasury Cabinet Secretary John Mbadi
Economy•

Mbadi targets economic revival after year of disruption

Kenya Laundering
Economy•

Kenya blacklisted by EU over money laundering risks

Solar sector
Economy•

Lobby warns VAT charge could shrink Kenya's solar sector by 20%

Senate KE
Economy•

Senate’s Sh465Bn for counties set to spark budget tug-of-war with MPs

New AfDB President
Economy•

New captain at AfDB as foreign aid dries up and tariffs bite

Safaricom
Economy•

Safaricom sets aside $500M for AI infrastructure in East Africa

World Bank Kenya
Economy•

Rising debt dims Kenya’s growth outlook — World Bank

Taasi Loans
Economy•

DTB and Safaricom roll out Taasi Till Loans

Dr Peter Ndegwa
Economy•

Safaricom unveils new credit tool for Kenya’s MSMEs

National Treasury
Economy•

Debt mounts as treasury secures $1.5Bn in new Eurobond