economy

economy

NCBA Reports Sh23.4 Billion Profit and New Strategy

NCBA Reports Sh23.4 Billion Profit and New Strategy

What You Need to Know NCBA Group PLC has reported a net profit of Sh23.4 billion for the financial year ending 2025, a 7% increase...
Comesa Secures 67% of Africa's FDI, Reaching Sh84tn

Comesa Secures 67% of Africa’s FDI, Reaching Sh84tn

What You Need to Know The Common Market for Eastern and Southern Africa (Comesa) now accounts for 67% of foreign direct investment (FDI) flows into...
Wealthy Investors Shift Focus to Green Investments in Kenya

Wealthy Investors Shift Focus to Green Investments in Kenya

What You Need to Know High-net-worth investors in Kenya are increasingly favoring sustainable investments, according to Standard Chartered Bank. This trend is driven by a...
Virtual Assets Chamber Launches Standards Council in Africa

Virtual Assets Chamber Launches Standards Council in Africa

What You Need to Know The Virtual Assets Chamber of Commerce has launched the Standards Council and the Virtual Assets Institute to enhance trust and...
Kenya's Tourism Revenue Hits Sh500 Billion in 2025

Kenya’s Tourism Revenue Hits Sh500 Billion in 2025

What You Need to Know In 2025, Kenya's tourism sector welcomed 7.9 million visitors, generating Sh500 billion in revenue. Domestic tourists dominated, with 5.2 million...
748 Air to resume scheduled flights in Kenya next month

748 Air to resume scheduled flights in Kenya next month

What You Need to Know 748 Air Services is set to resume scheduled flight operations in Kenya starting this May. The airline aims to enhance...
Kenya Launches Digital Pension System for Retirees

Kenya Launches Digital Pension System for Retirees

What You Need to Know The Kenyan government has launched a digital pension system aimed at improving efficiency and streamlining payments for over 100,000 retirees....
NSE listed firms raise governance score for 2024/5 by 5% - report

NSE listed firms raise governance score for 2024/5 by 5% – report

Africa-Press - Kenya. Corporate governance standards among firms listed on the Nairobi Securities Exchange (NSE) strengthened last year by five per cent,...
AfDB Raises Alarm Over Kenya's Rising Debt and Spending

AfDB Raises Alarm Over Kenya’s Rising Debt and Spending

What You Need to Know The African Development Bank (AfDB) has expressed concerns over Kenya's increasing public debt and its implications for government spending. While...
Portland Cement Price Rises Sh10 Due to War Impact

Portland Cement Price Rises Sh10 Due to War Impact

Africa-Press - Kenya. Effects of the escalating war in the Middle East have begun to hit Kenya, with firms raising commodity prices...