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Economy & Politics - Page 3

Transport and storage new backbone of Kisumu economy

The port can receive and process over 4,000 tons of freight daily bound to other East African nations i.e., Tanzania, Uganda, Rwanda, Burundi, and even the eastern part of the Democratic Republic of Congo.

January 20, 2025

Economy & Politics

UAE trades free luxury jet for Kenyan goats

Specifically, there was increased domestic exports of tea to Saudi Arabia, goat meat to United Arab Emirates;

July 4, 2024

Economy & Politics

Kenya’s top export tea boils over bumper harvest

Small scale tea farmers, say it is an open secret many KTDA managers and directors have been stating KTDA is holding unsold tea in Mombasa for the last two years.

July 4, 2024

Economy & Politics

Protest scare investors from treasuries

In these few weeks of protests, banks have began treating Kenyan debt with suspicion denying the government even three month Fuliza even though the country’s interest rates are approaching 20 percent.

July 1, 2024

Economy & Politics

Kenya eyes World Bank NYOTA to calm angry youth

The IMF had predicted unrest could reemerge in connection with protests against higher cost of living, need to raise more taxes, and electoral process supported by the political opposition.

June 24, 2024

Economy & Politics

Treasury, CBK agree on reducing number of Kenyan banks

The consensus to force bank mergers also comes at a time Kenyan bank, especially small ones are facing vulnerabilities from higher interest rates for longer with a record number of lenders tapping into the regulators emergency liquidity.

June 14, 2024

Economy & Politics

Kenya commits to IGAD plan to end use of poison against locusts

Banned in Europe for its toxic effects, Chlorpyrifos, fenitrothion, and malathion—are broad-spectrum organophosphates, widely used pesticides sometimes referred to as “junior-strength nerve agents” because of their kinship to Sarin gas.

June 6, 2024

Economy & Politics

The Rapprochement of Uhuru Kenyatta

He had directly been involved with the conceptualization of Eurobond post 2008 crisis, its inaugural issue when he became President in 2013 and had been responsible for the aggressive procurement of debt over the last decade. Kenyatta had then handed his deputy

May 20, 2024

Economy & Politics

Miguna makes inroads in Obunga as small parties smell trouble at ODM

Smaller parties are lining up to pick up malcontents expected from the fallout at the Orange party which may splinter as it tries to replace Raila Odinga’s leadership as he heads to Addis Ababa for the African Union post.

May 16, 2024

Economy & Politics

Obote Rd Fire station launched as Kisumu tries to get planning right

Kisumu hopes to get its planning right, setting up infrastructure to enhance the city’s emergency response capabilities under Kenya Urban Support Program funded by the World Bank.

May 4, 2024

Economy & Politics

Cuts in development spend dims state promises

In practice, the situation looks worse with the government behind its own expenditure targets on development having spent only Kes207.5 billion for the nine months, less than half of the Sh457.2 billion budgeted for projects for the full year.

April 25, 2024

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Economy & Politics - Page 3

Transport and storage new backbone of Kisumu economy

UAE trades free luxury jet for Kenyan goats

Kenya’s top export tea boils over bumper harvest

Protest scare investors from treasuries

Kenya eyes World Bank NYOTA to calm angry youth

Treasury, CBK agree on reducing number of Kenyan banks

Kenya commits to IGAD plan to end use of poison against locusts

The Rapprochement of Uhuru Kenyatta

Miguna makes inroads in Obunga as small parties smell trouble at ODM

Obote Rd Fire station launched as Kisumu tries to get planning right

Cuts in development spend dims state promises

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