economy

economy

China's Zero-Tariff Policy and African Economic Growth

China’s Zero-Tariff Policy and African Economic Growth

What You Need to Know Starting May 1, 2026, China will implement a zero-tariff policy for 53 African countries, significantly enhancing trade relations. This initiative...
Co-Op Bank’S Share Price Gains at NSE on Sh30Bn Net Profit

Co-Op Bank’S Share Price Gains at NSE on Sh30Bn Net Profit

Africa-Press - Kenya. Cooperative Bank's announcement of a Sh30 billion net profit for the financial year ended December 31, 2025, shortly rallied...
ICPAK Moves to Curb Accounting Fraud with New Unique System

ICPAK Moves to Curb Accounting Fraud with New Unique System

Africa-Press - Kenya. The Institute of Certified Public Accountants of Kenya wants firms to adopt the Unique Document Identification Number (UDIN) system,...
Government Seeks Public Input on Virtual Asset Regulation

Government Seeks Public Input on Virtual Asset Regulation

Africa-Press - Kenya. THE government has invited members of the public and industry players to submit views on proposed regulations aimed at...
Ruto: Mombasa-Naivasha SGR Transported 15M Passengers

Ruto: Mombasa-Naivasha SGR Transported 15M Passengers

What You Need to Know President William Ruto announced that the Mombasa-Naivasha Standard Gauge Railway (SGR) has transported over 15 million passengers in eight years....
Gold Prices See Biggest Weekly Drop since 1983

Gold Prices See Biggest Weekly Drop since 1983

Africa-Press - Kenya. The price of gold saw the biggest weekly drop since 1983, decreasing more than 10% to below $4,500 threshold...
Kenyans Urged to Diversify Investments Beyond Land

Kenyans Urged to Diversify Investments Beyond Land

What You Need to Know Kenyans are being encouraged to diversify their investments beyond traditional land purchases, which have become less profitable due to market...
Kenyan Households Save More Cut Loans and Expenses

Kenyan Households Save More Cut Loans and Expenses

Africa-Press - Kenya. Kenyans are now saving more, driven primarily by the need for financial security and the ability to attend to...
CMA Chief Executive Appeals Sh10.5M Cytonn Ruling

CMA Chief Executive Appeals Sh10.5M Cytonn Ruling

Africa-Press - Kenya. Capital Markets Authority and its CEO Wycliffe Shamiah have filed a notice of appeal challenging a High Court decision...
KEPSA Advocates Flexible Local Content Law for Growth

KEPSA Advocates Flexible Local Content Law for Growth

What You Need to Know The Kenya Private Sector Alliance (KEPSA) is advocating for significant changes to the proposed Local Content Bill, 2025. They argue...