Economic Policies

The Central Bank of Kenya (CBK) has introduced a new foreign exchange code that has left banks worried. The code,...

A motion by Laikipia County Woman Representative on the reduction of the cost of electricity has revealed that powerful individuals...

The Kenyan government has signed a government-to-government deal with Saudi Aramco, Abu Dhabi National Oil Company (Adnoc), and Emirates National...

Senior executives of Safaricom, including CEO Peter Ndegwa, have been dealt a setback as the High Court has refused to...

The shortage of US dollars in Kenya has caused commercial banks to ration the currency and has forced manufacturers and...

Starting next month, Kenya will import fuel from the United Arab Emirates (UAE) on a credit basis of up to...

The cost of sugar in Kenya may soon drop as the country prepares to receive its first consignment of duty-free...

Kenya Power & Lighting Company (KPLC) has announced an after-tax loss of Sh1.14 billion for the six months ending December...

Inflation is the rate at which the general level of prices for goods and services is rising and subsequently, purchasing...

De La Rue PLC, a Basingstoke, England-based company that designs and produces banknotes, secure polymer substrate, and banknote security features...

The High Court in Kenya has granted millions of Safaricom subscribers the opportunity to join a class action lawsuit against...

The Central Organization of Trade Unions (COTU) Kenya has opposed plans by government to monitor individual mobile money transactions as...

Ride-hailing giant Uber is taking steps to clamp down on taxi operators on its platform who have been conducting trips...

The Capital Markets Authority (CMA) has granted Centum Investment Company Plc an exemption to exceed the 25 percent daily volume...

The Kenya Revenue Authority (KRA) is proposing to integrate its tax system with M-Pesa, a mobile money platform, in order...

The Kenya National Highways Authority (KENHA) has mounted a crackdown on rogue sugarcane transporters, to tame rampant destruction of road...

With Egypt's economy in crisis, the currency in freefall and inflation skyrocketing, the poor have been hit hard but the...

Jariatu Kargbo hauls a wooden spoon longer than her arm through a vat of rice as customers patiently wait their...

Countries have yet to see the full impact of tightening financial conditions, IMF chief Kristalina Georgieva said Thursday, warning that...

The delay in renewing licences for private security firms has left hundreds of thousands of guards jobless. The government has...

Sugarcane farmers through The Kenya National Federation of Sugarcane farmers want President William Ruto to prioritise them in his plan...

Morocco's argan oil is highly prized by the cosmetics industry, yet it is now mostly produced by elderly workers, raising...

Shell said Friday it will pay 15 million euros to Nigerian farmers to compensate them for damage from pipeline leaks....

The government has disbursed Ksh9.6 billion through Hustler Fund, Cabinet Secretary for Cooperatives and MSMEs Simon Chelugui confirmed. Addressing the...

The three Ukambani Governors, Julius Malombe (Kitui), Mutula Kilonzo Jr (Makueni) and Wavinya Ndeti (Machakos) held an inaugural post-election meeting of...

Tourism stakeholders in Mombasa have welcomed the introduction of Mombasa-Zanzibar flights by the Marifly Air Service. The new service, which...

Presidents William is pitching business and technology relations to east Asian countries. President Ruto touched down in Seoul, South Korea...

The world's chocolate industry could be in for a turbulent ride as the two biggest cocoa producers set down demands...

Pilots on strike at Kenya Airways will face disciplinary action if they don't return to work immediately, the government said...

Kenya Airways flights were disrupted Saturday as a strike by its pilots demanding better working conditions grounded over a dozen...