Category: Economy&Finance
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Kenya Revenue Authority (KRA) has held a Citizen Assembly in Nakuru County, bringing together entrepreneurs, business owners and community representatives for a public conversation on tax administration and service delivery. The forum is part of KRA’s nationwide stakeholder engagement programme designed to promote open dialogue, constructive feedback and inform service improvements. Speaking during the forum,…
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Nakuru is known for some funny names of Estates such as Mzee Wanyama, Kisulisuli, Abongoloya just to mention but a few. However, famousnakuru.co.ke has established another estate with a unique name. This is none other than Jodys Estate just past Pipeline on your way to Mzee Wanyama. The estate found in Nakuru East Ward, according…
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The famous Twin Towers, headquarters of the Nation Media Group, in Nairobi. /FACEBOOK The Aga Khan is preparing to offload his controlling stake in the Nation Media Group (NMG) after the Capital Markets Authority (CMA) approved NPRT Holdings Africa Limited to move forward with the deal. In a notice issued on Thursday, September 18, 2025,…
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Investors aboard a tractor at Jambo Farming Company in DRC Agriculture in the Democratic Republic of Congo (DRC) is emerging as a sector brimming with untapped potential, offering lucrative opportunities for investors. Delegates attending the ongoing five-day trade mission to the DRC, organized by Equity Group, were captivated by the scale and efficiency of large-scale…
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An AI-generated image of the Kenya Digital Coin. /CHATGPT.VIRAL TEA KE Kenya is gearing up to roll out a national digital coin, a move that could position it as a leader in Africa’s fintech transformation. In a video shared on his official social media pages on Thursday, September 18, former Prime Minister Raila Odinga unveiled…
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The County Government of Mombasa in collaboration with the Ministry of Cooperatives and Micro, Small, and Medium Enterprises (MSMEs) Development has invited business owners to the Kenya Public-Private Sector MSMEs Dialogue & MSMEs Connect. This high-profile forum, themed Empowering MSMEs to unlock Blue Economy Opportunities will take place on Tuesday, September 9, 2025, at Tononoka…
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Edward Claessen- Head of European Investment Bank Regional Hub For East Africa. Small and Medium Enterprises (SMEs) are the backbone of Kenya’s economy, contributing nearly 40 percent of GDP and employing over 80 percent of the private sector workforce. Despite their crucial role, many SMEs have been locked out of funding, a challenge that has…
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Small and medium-sized enterprises continue to play a significant role in Kenya’s economy, accounting for over 80 percent of employment and nearly half of the country’s GDP. Sadly, the sector remains the most hit by challenges ranging from limited access to affordable financing, unreliable energy supply, and vulnerability to climate shocks such as droughts, floods,…
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Absa Bank Kenya PLC Board Chairman Mr. Mohammed Nyaoga Absa Bank Kenya PLC has appointed Mr. Mohammed Nyaoga, EBS, SC, as the Chairman of its Board of Directors, effective 01 October 2025. He succeeds Mr. Charles Muchene whose tenure as a Director and Chairman of the Board will end on 30th September 2025, having served…
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OKX Launches Africa Trading Sprint with 35,000 USDT Prize Pool The race for Africa’s sharpest traders has begun. Leading global crypto exchange OKX has rolled out the Africa Trading Sprint, a dynamic trading competition that gives African traders a chance to battle for glory and grab a share of a 35,000 USDT prize pool. The…