economy

economy

Oparanya: Wealth Comes from Business, Not Salaries Alone

Oparanya: Wealth Comes from Business, Not Salaries Alone

What You Need to Know Co-operatives Cabinet Secretary Wycliffe Oparanya has ignited discussions by stating that salaried employment alone cannot lead to wealth. He emphasized...
Kenya Lowers Sugarcane Prices to Sh5,500 per Tonne

Kenya Lowers Sugarcane Prices to Sh5,500 per Tonne

What You Need to Know The Kenyan government has reduced the minimum sugarcane price from Sh5,750 to Sh5,500 per tonne, effective immediately. This decision, made...
Private Sector Urges Tax Reforms in 2026 Finance Bill

Private Sector Urges Tax Reforms in 2026 Finance Bill

What You Need to Know Kenya's private sector is advocating for policy predictability and tax reforms in the Finance Bill 2026. Key proposals include extending...
Credit Bank Pursues Approval for Crypto Cross-Border Payment

Credit Bank Pursues Approval for Crypto Cross-Border Payment

What You Need to Know Credit Bank is seeking approval from the Central Bank of Kenya to pilot crypto-based cross-border payment settlements. This initiative, in...
Kenya and UN Member States Discuss Taxing Multinationals

Kenya and UN Member States Discuss Taxing Multinationals

What You Need to Know Kenya and UN member states are engaged in discussions to empower nations to tax multinational corporations more effectively. The talks,...
Africa's Fuel Shortfall Projected at 86 Million Tonnes by

Africa’s Fuel Shortfall Projected at 86 Million Tonnes by

What You Need to Know The Africa Finance Corporation warns that Africa is on track for an 86 million tonne fuel shortfall by 2040, exacerbated...
China-Africa Entrepreneurs Summit Promotes Deeper Ties

China-Africa Entrepreneurs Summit Promotes Deeper Ties

What You Need to Know The China-Africa Entrepreneurs Summit, held in Addis Ababa, called for enhanced cooperation between Chinese and African businesses. Leaders emphasized the...
Co-op Bank Restructures for Ambitious Regional Expansion

Co-op Bank Restructures for Ambitious Regional Expansion

What You Need to Know Co-operative Bank is restructuring to enhance its regional expansion strategy, creating a new subsidiary for local operations. This move aims...
EAC Private Sector Urges Tax Harmonization for 2026-27 Budge

EAC Private Sector Urges Tax Harmonization for 2026-27 Budge

What You Need to Know The East African private sector is advocating for the harmonization of tax proposals and fiscal measures ahead of the 2026-27...
Kenya's Real Estate Shifts Toward Upscale Housing Market

Kenya’s Real Estate Shifts Toward Upscale Housing Market

What You Need to Know In Kenya, real estate developers are increasingly focusing on high-end residential projects, driven by demand from wealthy buyers and expatriates....