Category: Economy&Finance
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People eating at a restaurant in Nairobi The month of August was a major one for a section of businesses in Nairobi. Particularly in the hospitality, transport and clad business, there was a boom. With businesses, however, intertwined or in a chain, a win for one means a win for all. The Confederation of African…
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Deputy President Kithure Kindiki arrived in Algiers, Algeria, on Thursday to represent President William Ruto at the Fourth Intra-Africa Trade Fair (IATF2025). Deputy President Kithure Kindiki arrived in Algiers, Algeria, on Thursday to represent President William Ruto at the Fourth Intra-Africa Trade Fair (IATF2025). The week-long trade fair has drawn Heads of State, business leaders,…
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Nigerian businessman Aliko Dangote The Intra-African Trade Fair 2025 (IATF2025), held in Algiers, Algeria, officially opened on September 4, with significant announcements and notable events set to shape Africa’s trade landscape. One of the key highlights was the launch of Dangote Day, which celebrated the significant role of Dangote Group in boosting intra-African trade and…
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Wakiuru Njuguna, Managing Partner HEVA Fund As the Intra-African Trade Fair (IATF) 2025 unfolds in Algiers, a notable Kenyan voice on one of its panels is Wakiuru Njuguna. While she may not be a household name to all, Njuguna is a pivotal figure in the creative sector, serving as a key architect in financing and…
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Wowzi President and Co-Founder Mike Otieno When Kenya went into its first COVID-19 lockdown in early 2020, brands scrambled to connect with consumers through digital channels. For Mike Otieno, a strategist with a background in consulting and technology, the moment provided an unexpected proving ground. Months earlier, he and two partners had registered Wowzi, a…
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Participants at The Global Africa Diaspora Day at the IATF 2025, including Heads of State, senior government officials, business leaders, and cultural icons from across Africa, the Caribbean, and the Diaspora The push for unity and economic sovereignty between Africa and its diaspora dominated the second day of the Intra-African Trade Fair (IATF2025) in Algiers,…
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Kenya Broadcasting Corporation (KBC) is a State Corporation established under the KBC Act (Cap. 221). It operates under the Ministry of Information, Communications, and the Digital Economy. The Corporation is dedicated to excellence in broadcasting, offering services across radio, television, and digital media platforms. Guided by its mandate to inform, educate, and entertain, KBC serves…
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Kenya’s vehicle assembly sector has recovered from two years of declining half-year output, with 6,723 units assembled in the first half of 2025, up 16.4% from 5,778 units in H1 2024. Production of Assembled Vehicles in Kenya The rebound is underpinned by new government incentives, including duty exemptions on imported parts, designed to attract investment…
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The High Court has overturned a tax tribunal decision against payments firm Pesapal Limited, ruling that commissions the company earns from processing transactions are exempt from value-added tax (VAT). “It is critical to underscore that the VAT Act defines exempt services by the nature of the activity, not by the institutional classification, without recourse to…
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Kenya’s sugar industry has come under renewed pressure in 2025, with official data showing a 15.8% drop decline in domestic sugar production from 384,356 tonnes in the first six months of 2024 to 323,752 metric tonnes in the same period this year. The production slump reflects challenges in cane supply, stemming from overharvesting in prior…