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Business News

Kenya’s Avocado Industry Thrives As Sh9Bn Worth Of Exports Reach China

Kenya's avocado exports to China have reached a value of KES 9 billion ($82 million) in the three months leading up to May 2023. The country exported 7 million...

American Business Leaders Continue To Invest In China Amidst Strained Relations

Several prominent American business leaders, including Elon Musk, Bill Gates, and Tim Cook, have recently visited Beijing to...

Kenya National Highways Authority (Kenha) Implements Partial Closure Of Southern Bypass For Essential Maintenance

The Kenya National Highways Authority (KeNHA) will close a section of the Southern Bypass for maintenance. The closure,...

East African Community Launches Initiative To Boost Agricultural Export Trade

The East African Community (EAC) has launched a campaign called "MARKUP: Growing agri-export markets" to raise awareness about...

Supreme Court Verdict Confirms Legal Execution Of Sgr Sh500Bn Project

The Supreme Court of Kenya has ruled that the Sh500 billion contract between Kenya and China for the...

Kenyan Government Plans To Increase Spending By Sh300Bn In 2024-24 Fiscal Year

Apex Phaser, a new website that aims to simplify news articles for readers, has been launched.The site uses a machine learning algorithm called TextRank...

Azimio Mps Leave Parliament During Budget Reading In Protest

Opposition MPs in Kenya staged a walkout from the National Assembly during the budget reading on Thursday.The MPs, led by Minority Leader Opiyo Wandayi,...

Treasury Proposals Under Scrutiny As Cost Of Living Increases

The cost of living in Kenya continues to rise, with a spike in the prices of food items, rent, water, electricity, gas, and transport.According...

Nigeria Adopts Unified Currency Exchange Rates And Floats Naira To Boost Economic Growth

Nigeria's central bank has abolished the country's multiple exchange rate system and floated the naira currency, according to a statement released on Wednesday.The move...

Nairobi Hosts Conference On Trade Financing In Africa

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Treasury Cs Forecasts Decrease In Inflation By 2024

The Central Bank of Kenya is responsible for regulating various aspects of the country's economy, including inflation rates, tax rates, and interest rates.However, despite...
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