he Lagos-based refinery, owned by Africa’s richest man, Aliko Dangote, has begun exporting significant volumes of refined petroleum products, including gasoline, diesel, and jet fuel, to several African countries.
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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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The Communications Authority of Kenya (CA) announced the updated requirements in a public notice dated March 24, stating that all mobile devices must now undergo stricter vetting before they are approved for sale or use in the country. The new framework applies to manufacturers, importers, vendors, and local assemblers.
Swedfund, Swedens development finance institution has committed $600,000 (approximately KSh 77 million) to Jacaranda Maternity, a Nairobi-based healthcare provider focused on delivering affordable maternity services to low- and middle-income communities.
The policy shift, which includes ending value-added tax (VAT) rebates on solar panel exports and gradually phasing out incentives for battery production, is expected to increase the cost of solar equipment across the continent, where most countries rely heavily on Chinese imports.
At the center of the government’s strategy is a push toward agro-industrialisation, a policy direction aimed at ensuring that Kenya processes what it produces rather than exporting raw materials and importing finished goods at higher costs.
Under the proposed amendments to Section 34(1)(a) of the VAT Act, the current annual turnover threshold of KSh 5 million for mandatory VAT registration would be scrapped entirely. This would effectively bring micro, small, and medium enterprises (MSMEs) into the formal tax net for the first time.
The financing will support efforts to address severe water shortages in one of the world’s most water-stressed countries, where supply remains limited and uneven, particularly outside urban centres.
The two countries already have a political agreement covering 2,500 megawatts of power supply. However, ongoing negotiations are expected to consider doubling that figure to 5,000 megawatts, reflecting South Africa’s growing energy demand.
The programme, introduced under the ICT Programme in Faso (PROTAF), focuses on refurbishing outdated public-sector computer equipment and redistributing it to underserved groups, including women and low-income households.
The Report shows that one in five Kenyans says their cost of living has risen by more than 20 per cent in the past six months, underscoring the growing pressure on household budgets.
