SGR Records Losses Amid Declining Passenger Numbers
The drop in SGR passenger numbers during the third quarter of 2024 continued a trend observed earlier in the year,…
Category: Business
National Assembly Rejects Senate’s Gambling Control Bill Amendments Over Constitutional Concerns
The Gambling Control Bill of 2023 seeks to establish a Gambling Regulatory Authority of Kenya, which would replace the Betting…
Safaricom Unveils Ziidi Money Market Fund (MMF)
Ziidi MMF enables users to invest funds from their M-PESA wallets into the Ziidi account, where they earn daily accrued…
AI-Driven Cyberattacks Surge: Companies Bolster Cybersecurity Strategies, Kaspersky Report Reveals
As concerns over AI-powered cyberattacks grow, companies worldwide are intensifying their cybersecurity defences, a recent Kaspersky survey shows. In its…
Kenya’s Agriculture Sector Hits Ksh 3.3 Trillion GVA In 2023 Despite Mixed Production Trends
The Gross Value Added (GVA) for Kenya’s agriculture, forestry, and fisheries sector reached an impressive Ksh 3.3 trillion in 2023,…
ITC Partners with Absa Bank Kenya to Empower Women Exporters Through Access to Finance Accelerator
The International Trade Centre (ITC) has partnered with Absa Bank Kenya to launch the Access to Finance Accelerator programme, a…
Kenya’s 2025 Fiscal Outlook: Aggressive Borrowing, Tax Reforms, and Growth Projections
The Kenyan government is poised to borrow extensively from both domestic and foreign markets to address the fiscal deficit projected…
KEPHIS Develops Rose False Codling Moth Protocol To Safeguard Kenya’s Rose Exports To The EU
The Kenya Plant Health Inspectorate Service (KEPHIS) has rolled out a Rose False Codling Moth Systems Approach (Rose FCMSA) to…
KCB Bank and UnionPay Partner To Transform Kenya’s E-Commerce Payments
KCB Bank Kenya and UnionPay International (UPI) have entered a strategic partnership to enhance e-commerce payment capabilities across Kenya. This…
Kenya’s Q3 2024 Import Bill Climbs 4.3%, Fueled by Machinery and Chemical Demand
Kenya’s import expenditure grew by 4.3% to Ksh 675.8 billion in the third quarter of 2024, compared to Ksh 647.7…