Economy

Economy

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Safaricom CEO Safaricom CEO
Economy•

Safaricom’s impact in economy and environment crosses Sh1 trillion

Increase in the True Value earnings was attributable to its enhanced value for customers, M-PESA ecosystem and social impact push.
CBK Governor CBK Governor
Economy•

As bad loans swell, bankers ask CBK to cut interest rate further

The ratio of non-performing loans in the market increased to 17.6 percent by
National Treasury PS National Treasury PS
Economy•

Treasury retires $1Bn of 2028 Eurobond ahead of schedule with new loan

Kenya's $1.5 new loan is split into two; a seven-year facility at 7.875%
KRA eCOO KRA eCOO
Economy•

Taxman seeks to unlock trade in Comesa via new era of e-certificate of origin

Kenya now the fifth COMESA member to officially implement Electronic

Below the fold

Below the fold

Fertiliser subsidy
Economy•

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

Kenya Laundering
Economy•

Kenya blacklisted by EU over money laundering risks

Tea exports
Economy•

Poor weather cuts first quarter tea output by 18 percent

Treasury Cabinet Secretary John Mbadi
Economy•

Mbadi targets economic revival after year of disruption

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