The conflict has driven a sharp rise in global fuel prices and disrupted key shipping routes, particularly through the Strait of Hormuz, exposing Africa’s heavy reliance on imported energy and its vulnerability to external shocks.
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Comprehensive coverage of specific business sectors that power the Kenyan economy. Provides news, trends, and analysis from real estate and tourism to agriculture and aviation.
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Interior Principal Secretary Raymond Omollo said the expansion of TVET institutions reflects a deliberate shift toward vocational training as a key driver of employment and economic growth.
Launched at the Kenya International Investment Conference (KIICO), the blueprint sets out a targeted strategy to attract private capital into waste management and circular economy value chains, reframing discarded materials as inputs for industrial growth rather than environmental liabilities.
Energy Cabinet Secretary Opiyo Wandayi cautioned that firms found withholding fuel stocks in anticipation of price increases risk losing their licences, describing the practice as “commercially opportunistic” and contrary to the public interest.
Nairobi, Kenya – Six emerging Kenyan artists have been selected to participate in the inaugural Base to Billboardz (B2B) programme, a new initiative aimed at accelerating the growth of semi-established
In a groundbreaking move to enhance agricultural trade across East Africa, Kenya’s AMAC PLC and Uganda’s The Grain Council Union (TGCU) have signed a historic partnership agreement. This landmark deal
Saudi Arabia has pledged to invest more than $25 billion in Africa over the next seven years, a figure later expanded to $41 billion over the coming decade. The package includes development financing, export support, and funding for startups, signalling a broad-based approach to economic engagement.
Under the new approach, KRA will increasingly use financial data already available within its systems to cross-check taxpayer declarations. This includes mobile money transactions, which have become a dominant channel for payments, business activity, and income flows across Kenya.
The national carrier attributed the downturn largely to global supply chain disruptions that led to the grounding of key aircraft, reduced capacity, and declining revenues, despite strong underlying demand for air travel.
The fund introduces a three-account model that separates resource revenues into distinct components: Stabilisation, Strategic Infrastructure Investment, and Future Generations, each with a specific economic role.
