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…

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…

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…

Wealth that can’t survive one unexpected hit isn’t wealth- it’s theatre. Alfred Gachaga, the Founder of GRC Apex, writes. When I was a young man, full of ambition and reeking of cheap cologne, I thought making money would feel as glamorous as it looked on TV. And guess what? It does feel amazing. Making money is fun.…

Buying land in Kenya is one of the biggest investments that can quickly turn into a very risky endeavor when done without due diligence, writes Lulu Kiritu, Content Manager & Public Relations Specialist at BuyRentKenya. Kenya’s real estate boom has brought tremendous opportunities, but it has also opened doors for fraudsters and con artists. Without…

When Kenya’s residents use their phones to order groceries, electronics or fashion items, few think about the warehouses and logistics hubs humming in the background. In Africa, warehouse occupancy rose to to 83% in the first half of 2025, up from 75% a year earlier. “The demand is outpacing supply, especially for Grade A warehouses that can…

Mamo Mihretu has stepped down as Governor of the National Bank of Ethiopia (NBE), ending a 32-month tenure that redefined the country’s monetary policy and financial regulation. Mihretu said he is leaving to “pursue other passions and tackle other challenges.” “On leaving the NBE today, I am confident that the vision of a modern central…

Kenya’s bankers have agreed to implement the Central Bank of Kenya’s revised risk-based credit pricing model, a reform that will overhaul how loans are benchmarked and priced in the market. The shift from a CBR-based to a market-driven benchmark is aimed at fairer loan pricing, rewarding creditworthy borrowers, and sharpening competition among lenders. Banks will…