Category: Economy&Finance
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The National Authority for the Campaign Against Alcohol and Drug Abuse (NACADA) is a State Corporation established by an Act of Parliament, NACADA Act 2012 to coordinate multi-sectoral efforts aimed at preventing, controlling and mitigating the impact of alcohol and drug abuse in Kenya. Towards achieving this mandate, NACADA wishes to competitivelyrecruit dynamic, result-oriented and…
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Banks have exceeded their annual lending target to Micro, Small, and Medium Enterprises (MSMEs) by 2 percent, disbursing Sh153 billion against a target of Sh150 billion. Kenya Bankers Association (KBA) Chief Executive Officer Raimond Molenje announced the launch of the Nature Positive Financing Assessment Report, reiterating the sector’s commitment to funding nature-related enterprises to build…
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The government has made significant strides in revitalizing key sectors of the economy including agriculture under the BETA agenda. Addressing the press on Monday, 15th September 2025 at Harambee House Annex in Nairobi, the Government spokesperson Dr.Isaac Mwaura revealed that, the move has seen the price of unga (maize flour) drop by 34%, improving food…
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Equity Group Director of International Trade Relations AQ Hamza addresses investors at DRC trade mission. Delegates attending Equity Group’s five-day trade mission to the Democratic Republic of Congo (DRC) have been urged to prioritize compliance with local laws in their investment strategies for the expansive market. The mission has attracted a diverse group of entrepreneurs…
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The U.S. dollar went up a little on Friday as traders prepared for next week’s big Federal Reserve meeting, where the Fed is expected to cut interest rates for the first time in nine months. The dollar gained 0.2% to trade at 147.53 yen, its third week of increases. It was also supported by a…
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The government has announced tough measures against Hustler Fund borrowers who deliberately fail to repay their loans, warning that such defaulters risk criminal sanctions and exclusion from future state-backed credit programmes. Principal Secretary Susan Mang’eni clarified that the crackdown will target only willful defaulters, distinguishing them from borrowers genuinely struggling under economic hardships. Since its…
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Nduhira Peter Arinaitwe, Managing Director of Challenger Uganda Limited, speaking on the Tukikube ne I&M Bank podcast. In a landscape where businesses often come and go within a short spell, a few construction companies have managed to remain steady, consistently delivering projects and maintaining a strong presence in the industry. With a legacy spanning over…
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When Kenya and Japan established diplomatic relations in 1964, the relationship began with a handful of exchanges and goodwill gestures. Today, it is one of the most impactful development partnerships in Africa. Japan is now Kenya’s largest bilateral development partner and the single biggest provider of Official Development Assistance (ODA) to our country, contributing billions…
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Kenya’s 91-day Treasury bill yield dropped below 8 percent on September 1, 2025, marking the first time since June 2022 that short-term government debt has attracted such robust demand. At the same time, the Nairobi Securities Exchange (NSE) All Share Index closed at 176.82 points, even as net foreign outflows hit KSh 1.18 billion. Speaking…
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Mantrac Kenya, the sole authorised dealer representative of Caterpillar in the country, hosted a landmark centennial celebration in Nairobi to mark 100 years of Caterpillar globally and its century-long presence in Kenya. The high-profile event brought together senior government officials, members of the diplomatic corps, Caterpillar executives, Mantrac leadership, customers, partners, and media, underscoring the…