Category: Economy&Finance
-
Kenya Revenue Authority (KRA), in collaboration with the CommonMarket for Eastern and Southern Africa (COMESA), has officially launched the Electronic Certificate of Origin (eCOO) system, a transformative step in modernizing Kenya’s trade processes and strengthening regional integration. The eCOO system digitizes the registration of exporters and the issuance of Certificates of Origin. These certificates are…
-
The Co-operative Bank of Kenya has emerged as the Winner of the Product Innovation of the Year (Africa) at the 8th annual Global SME Finance Awards. The accolade, presented by the SME Finance Forum in partnership with the International Finance Corporation (IFC) and backed by the G20 Global Partnership for Financial Inclusion (GPFI), singled out…
-
The huge sums of money in penalties that the government is facing for shady contracts are simply mind-boggling. They may be due to the incompetence of the officials involved or could be an extension of the endemic corruption in the public sector. Taxpayers now risk paying a whopping Sh17 billion, which will most likely deprive…
-
President William Ruto during a meeting with representatives of the apparel industries in Nairobi. President William Ruto has assured Kenya’s apparel industry that the government is working urgently to secure the future of the sector as the African Growth and Opportunity Act (AGOA) faces expiry. AGOA, a US law passed in 2000, allows duty-free access…
-
Crown Paints CEO Rakesh Rao. The NGAO Emulsion and Gloss Paints are available in wide variety of colours. Rakesh Rao, the long serving Chief Executive of Crown Paints has finally stepped down from the listed firm’s corner office, after being at the helm for close to two decades. Rakesh Rao was let go by the…
-
women in banking Women are slowly breaking the glass ceiling and set gender-based barriers in boardrooms, yanking open the c-suites, and calling the shots in some of the big banks in Kenya. These she captains of industry are also aggressive in setting the stage for future women leaders in Kenya’s cut throat banking business. Women…
-
Family Bank started in 1984 as a building society. Family Bank has called a virtual Extraordinary General Meeting (EGM) on 27th October 2025, seeking the approval of shareholders to list its shares at the Nairobi Securities Exchange (NSE). The board is seeking to complete regulatory and procedural steps for the listing. Family Bank has settled for…
-
Salesforce plays a key role in NTT DATA’s growth strategy. Global leader in digital business and technology services, NTT DATA, has announced its acquisition of EXAH, a leading Salesforce Consulting Partner and AI implementation specialist. This strategic move is set to deliver an end-to-end Salesforce and AI delivery experience to customers across the Middle East…
-
President William Ruto at a past event Kenyan workers in the textile and apparel sector can breathe a sigh of relief after President William Ruto announced that the United States has granted Kenya a one-year extension to the African Growth and Opportunity Act (AGOA). Speaking at the Nyang’ori PAG Church Centenary in Vihiga County on…
-
Prof Victor Murinde, Executive Director of the African Economic Research Consortium. A new research study by the Africa Economic Research Consortium (AERC) has established that public policy architects must move with speed to prioritise access to clean energy solutions, especially for women in rural areas. The study, titled “Gendered Differences in Household Cooking Coping Strategies for…