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

Banking sector woes
Economy•

CBK ends 9-year freeze on new banks, sets Sh10Bn entry capital

KRA
Economy•

Millions smile as KRA writes off Sh158Bn in tax debts

Absa Bank Kenya
Economy•

Absa ups the stakes in mortgage market with 110% financing deal

Absa Bank Kenya Hello Tractor
Economy•

Absa boosts agribusiness with Sh500M for tractor access

Dr Chirs Kiptoo
Economy•

KRA turns up the heat on rental tax evaders

Absa Nairobi Forum
Economy•

Global leaders gather in Nairobi for inaugural trade summit

KNCCI President Dr. Erick Rutto
Economy•

Trump tariffs trigger call for Kenya's economic rebirth

March inflation 2025
Economy•

Inflation edges up to 3.6% in March, driven by food costs

Kenya electricity mains
Economy•

Kenya doubles electricity imports in just six months

KCB CEO Paul Russo
Economy•

KCB secures fintech edge with Riverbank Solutions buyout

Kirinyaga Governor Anne Waiguru
Economy•

Why governors want to shut down counties in 14 days

Smartphone usage Kenya
Economy•

Smartphone penetration hits 80.5% as mobile data soars