Category: Economy&Finance
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Kenya plans to grow its leather industry from $80 million to $850 million through new investor packages and the launch of the Bipingo Special Economic Zone. President William Ruto announced the plan on September 16, during the launch of the Bipingo zone in Kilifi County. He said four investment packages had been completed for leather,…
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Kabira Country Club is upgrading its fitness offering with the installation of brand-new TechnoGym machines, giving guests access to one of the most advanced workout experiences in Kampala. The cutting-edge equipment is designed to deliver dynamic, engaging, and health-focused training sessions, catering to both beginners and seasoned fitness enthusiasts. From strength and cardio to functional…
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UGEFA team together with the bank representatives. The Uganda Green Enterprise Finance Accelerator (UGEFA) and Equity Bank Uganda have announced the continuation of their highly successful partnership as UGEFA enters its second phase. Building on a fruitful collaboration that disbursed over 100 green loans to small- and medium-sized enterprises (SMEs) during Phase I, this renewed…
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The Communication Authority of Kenya (CA) has dismissed social media reports that it is planning to increase licensing fees for postal and courier firms from Ksh50,000 to Ksh1.5 million. In a statement on Wednesday, September 17, CA clarified that the current Postal and Courier licensing framework does not include any fee of Ksh50,000. The authority…
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The government has taken a major step to address the financing challenges facing Micro, Small and Medium Enterprises (MSMEs) with the planned establishment of the Kenya Credit Guarantee Company (KCGC). Principal Secretary Dr. Chris Kiptoo, representing Treasury Cabinet Secretary John Mbadi, on Tuesday joined senior government officials, development partners, and financial sector leaders in a…
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Ugandan billionaire and real estate mogul Sudhir Ruparelia made a strong case for investing in Uganda at the 15th UK-Africa Business, Trade & Investment Summit in London. Speaking on the sidelines of the event, Sudhir, Chairman of the Ruparelia Group, highlighted real estate, agriculture, hospitality, and tourism as key sectors driving Uganda’s economic growth. “Together…
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Equity Bank has announced the relocation of its branch in Bugolobi to a more accessible and modern location as part of its commitment to improving service delivery for customers. The branch has moved from Luthuli Avenue to Hensley Business Park, Plot 3–5 Mpanga Close, Mulwana Road, Bugolobi, strategically located in the heart of one of…
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Siaya County Government and listed agribusiness and superfoods producer, Kakuzi Plc (NSE: KUKZ), announced plans to foster a technical collaboration partnership to boost avocado and macadamia farming in the county. The technical collaboration will involve the provision of agricultural extension support services by Kakuzi Plc to Siaya County smallholder farmers venturing into the lucrative avocado…
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Foreign exchange (forex) trading is one of the most popular ways of investing and earning profits through currency price movements. At the core of forex trading lies the ability to read and understand charts. A forex chart is a graphical representation of how currency pairs move over time, and it helps traders make informed decisions.…
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The government has set up a new call centre at KISM Towers, Nairobi, to offer continuous support to users of the Electronic Government Procurement (e-GP) system. In a public notice issued on Tuesday, September 16, 2025, the Principal Secretary for Public Investments and Assets Management said the new facility replaces the former call centre that…