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Kenya and China Deepen Trade Ties Through Expanding Hunan Partnership
Kenya is stepping up efforts to strengthen its trade and investment ties with China as the Kenya National Chamber of Commerce and Industry (KNCCI) hosted a high-level delegation from Hunan Province this week. The meeting, chaired by Richard Ndung’u, head of the KNCCI Kenya–China (Asia) Committee, brought together Kenyan business leaders who took part in…
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Kenya’s Banks Contribute Billion in Taxes, 8% of National Revenue
The banking sector contributed Sh194.81 billion to the National Treasury in 2024, according to a new report by the Kenya Bankers Association (KBA) and PwC Kenya. The figure accounted for 8.09 percent of total government tax revenues, underscoring the sector’s central role in Kenya’s fiscal ecosystem. The Total Tax Contribution of the Kenya Banking Sector…
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Infrastructure Gap Hampers County Growth as New Index Reveals Divide
Kenya’s first-ever sub-national competitiveness metric shows that unequal infrastructure is hindering county development and investment. The County Competitiveness Index (CCI) 2024, compiled by the Ministry of Investments, Trade and Industry (MITI) with support from TradeMark Africa and funded by the European Union, finds sharp disparities in roads, electricity and digital connectivity across the counties In…
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KWS Rolls Out Upgraded eCitizen Payment System, “KWSPay”
The Kenya Wildlife Service (KWS) has announced the successful transition from the old eCitizen platform to an upgraded and more efficient payment system, branded as “KWSPay.” In a joint statement issued , KWS and eCitizen Services said the new platform aims to enhance efficiency, transparency, and flexibility in payments for conservation fees and other wildlife…
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KPC, NCPWD Partner to Support Learners with Disabilities
Kenya Pipeline Company (KPC) has signed a Memorandum of Understanding (MoU) with the National Council for Persons with Disabilities (NCPWD) to support learners with disabilities through education, mentorship and inclusive programs. This collaboration enhances the Inuka Scholarship Programme, an education initiative launched in 2017 that supports needy students across the country. To date, the foundation…
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FRC Orders All Real Estate Agents to Register by Nov 14
The Financial Reporting Centre (FRC) has issued a new directive requiring all real estate agencies and landlords in Kenya to register with the Centre before Friday, November 14, 2025. The move aims to enforce compliance with the Proceeds of Crime and Anti-Money Laundering Act, 2009 (POCAMLA), which classifies real estate agents as reporting institutions under…
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Gov’t to List Pipeline Firm on NSE in Major Privatization Move
The government has approved plans to privatize the Kenya Pipeline Company (KPC) Limited through an Initial Public Offering (IPO) on the Nairobi Securities Exchange (NSE), in a move aimed at unlocking the firm’s full potential and empowering ordinary Kenyans to own a stake in the strategic enterprise. In a public notice, the Privatization Commission said…
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KRA Announces Major Milestone in Customs Tax Collection
The Kenya Revenue Authority (KRA) has announced a major milestone in customs tax collection, according to a statement released on October 8, 2025. The month of September has been identified as a peak collection period marked by high revenue inflows. This comes out after a total of Sh85.146 billion was collected which surpassed the monthly…
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Kenya Switches China Railway Loans to Yuan, Saving Billions Yearly
Kenya has successfully converted its railway loans from China into Yuan, a move the government says will save the country about Sh27.7 billion annually in debt servicing costs. Treasury Secretary John Mbadi announced the development, saying the conversion is part of the government’s broader strategy to manage currency risks and reduce the cost of external…
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World Bank, TDB Back $95M Green Homes Drive in Kenya
The Eastern and Southern African Trade and Development Bank (TDB), in partnership with the World Bank, has launched a new project aimed at promoting sustainable and inclusive housing in Kenya. The initiative, dubbed the Africa Green, Resilient and Inclusive Housing De-risking (GRIHD) Facility Project, will be financed through a US$95 million (Sh12 billion) loan from…
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Standard Chartered to Resume Verification for 629 Pension Case Appellants
Standard Chartered Kenya Pension Fund has announced the resumption of the verification exercise for 629 pension case appellants following a recent High Court ruling lifting an injunction that had paused the process. According to a public notice issued by Chairman David Ong’olo, the ruling delivered by the High Court of Kenya on October 2, 2025,…
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URA Clarifies Types of Plastic Items Exempted from Excise Duty
The Uganda Revenue Authority (URA) has issued a clarification on the types of plastic packaging items exempt from excise duty under the Excise Duty Act. According to a public notice published on October 6, 2025, the URA stated that only vacuum packaging bags for food, juices, tea, and coffee sacks, as well as bags for…
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NLC to Allocate 2,454 Hectares in Taita Taveta for Conservancy Use
The National Land Commission (NLC) has announced its intention to regularize the tenure of a 2,454-hectare parcel of land in Taita Taveta County for conservancy use, on behalf of the county government. According to the notice, the land identified as LR No. 12922 will be allocated 30 days from the date of publication, provided there…
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Kenya Hikes Park Entry Fees to Boost Conservation Efforts
Visitors to Kenya’s national parks, reserves, and sanctuaries will begin paying revised conservation fees starting Wednesday, October 1, 2025, following the approval of new regulations by Parliament last week. The Wildlife Conservation and Management (Access, Entry, and Conservation) (Fees) Regulations 2025, contained in Legal Notice No. 160 of 2025, introduce new charges for both local…
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Airtel Africa Foundation Pledges to Impact 10 Million Lives by 2030
Airtel Africa Foundation has launched a new strategy to directly improve the lives of 10 million people across the continent by 2030, focusing on financial empowerment, education, environmental protection and digital inclusion. The Foundation says its mission will be driven by flagship projects such as Connecting Schools, which provides free internet access and devices and…
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IMF Mission Lands in Nairobi as Gov’t Seeks Fresh Bailout Talks
Kenya is bracing for two weeks of delicate negotiations with the International Monetary Fund (IMF), as the government pushes for a new program to steady its shaky finances and restore investor confidence. An IMF staff team, led by mission chief Haimanot Teferra, arrived in Nairobi on September 25 and will hold discussions with Kenyan authorities…
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Kenyan Journalists Trained to Tackle Rising Online Threats
Kenyan journalists are increasingly turning to digital platforms for news gathering and visibility, but rising cases of online threats, cyberbullying, hacking and doxxing have put their safety and careers at risk. To address these challenges, the Association of Media Women in Kenya (AMWIK), with support from the Urgent Action Fund (UAF), convened a two-day specialized…
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Kenya Gets $25M Boost to Study Aging and Health Challenges
A study aimed at understanding the health and socio-economic implications of population aging in Africa has secured a USD 25 million (Sh3.2 billion) grant from the U.S. National Institutes of Health (NIH). The Longitudinal Study of Health and Aging in Kenya (LOSHAK) is a joint initiative between Aga Khan University’s (AKU) Medical College, East Africa,…
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KNCCI, KPDA Sign MoU to Unlock Affordable Housing Agenda
The Kenya National Chamber of Commerce and Industry (KNCCI) and the Kenya Property Developers Association (KPDA) have signed a Memorandum of Understanding (MoU) to strengthen private sector involvement in the Affordable Housing Program (AHP). According to KNCCI , Housing prices have increased by 100 percent since 2004, with 22 percent of Kenyans residing in urban…
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Why Uganda is on IMF’s Doorstep Seeking Funding
Uganda is negotiating a fresh round of funding with the International Monetary Fund (IMF) after its previous program lapsed last year, the country’s finance ministry has confirmed. The East African nation’s earlier Extended Credit Facility (ECF), launched in 2021 and valued at about $1 billion, expired in 2024 after disbursing only $870 million. “Uganda is…
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