Kenya’s economic mess: Whom to blame?
President William Ruto’s now-withdrawn tax hikes as well as similar legislation passed in 2023 are both linked to IMF loans as Kenya staggers under the weight of a heavy debt crisis...
Tag : Kenya
Tide changes as businesses in region make a beeline for Kenyan market
Regional companies are becoming more interested in the Kenyan market...
Infrastructure expenses spike super gasoline costs in Uganda
Uganda President Yoweri Museveni in 2023 attributed Kenya's government-backed gasoline importation agreement's 'middlemen' to the high fuel cost in Kampala...
African banks successfully managing risk
Lessons from the global financial crisis of 2008 and the disruptions caused by the pandemic and war have proven crucial for banks in Africa...
Despite settlement of USD 17 million debt, Kenya Airways faces headwinds
Kenya Airways has been hit with flight disruptions due to the crew shortage...
Kenya fuel & electricity prices to increase
Currently, people in Kenya pay Ksh0.25 per litre of petrol, diesel, and kerosene as a petroleum regulatory levy, and Ksh0.08 for each unit of electricity as EPRA levy...
IF Insights: Analysing the ‘Silent Revolution’ in African crypto sector
Nigeria is leading the 'Crypto Revolution' in Sub-Saharan Africa, by securing the second position on the Global Crypto Adoption Index, up from 11th in 2022...
Kenya plans to implement wealth tax and excise charge on petrol cars
The Treasury has stated that the government will investigate whether or not it is possible to implement a wealth tax in the form of a tax on the circulation of motor vehicles...
Kenya to invest more in oil facilities?
Currently, Kenya does not produce any hydrocarbons, although the country most likely has the potential to become an oil producer after 2030...
Affordable smartphones: Kenya’s tool to boost digital inclusion
The inexpensive smartphones are assembled in the Konza Technopolis in Malili, Machakos County...