economy

economy

Wheat Prices Surge Amid Mideast Turmoil and Food Fears

Wheat Prices Surge Amid Mideast Turmoil and Food Fears

What You Need to Know Wheat prices are set for a significant weekly increase as conflict in the Middle East raises fears of global food...
Kenya seeks World Bank fund to stabilise rising fuel prices

Kenya seeks World Bank fund to stabilise rising fuel prices

Africa-Press - Kenya. Kenya has turned to the World Bank for urgent financial support as the country braces for fresh inflationary pressures...
Meta Pullout Leads to 1,108 Job Cuts at Sama Nairobi

Meta Pullout Leads to 1,108 Job Cuts at Sama Nairobi

Africa-Press - Kenya. More than 1,100 workers at Sama’s Nairobi office face redundancy after tech giant Meta Platforms, Inc. moved to terminate...
Kenya's Top Valuable Brands: Equity, KCB, and Coop Bank

Kenya’s Top Valuable Brands: Equity, KCB, and Coop Bank

What You Need to Know Kenya's banking sector leads the latest Brand Finance rankings, with Equity Bank valued at Sh73.9 billion, followed by KCB at...
Standard Chartered Launches Trade Corridor for SMEs in Kenya

Standard Chartered Launches Trade Corridor for SMEs in Kenya

What You Need to Know Standard Chartered has introduced the China-Kenya Trade Corridor to support small and medium-sized enterprises (SMEs) in expanding their international trade...
Kenya’S Medical Tourism Ambitions get Boost with Expo

Kenya’S Medical Tourism Ambitions get Boost with Expo

Africa-Press - Kenya. Kenya’s push to become a regional medical tourism hub has received a boost as investors, suppliers and policymakers are...
Over 1,100 Jobs at Risk as Meta Ends Nairobi Contract

Over 1,100 Jobs at Risk as Meta Ends Nairobi Contract

What You Need to Know Meta has terminated its contract with a Nairobi-based outsourcing firm, putting 1,108 jobs at risk. The company, which has been...
Why Kenya adopted G-to-G fuel import deal, Mwaura explains

Why Kenya adopted G-to-G fuel import deal, Mwaura explains

What You Need to Know Kenya has adopted a Government-to-Government (G-to-G) fuel import model to address fuel shortages and stabilize prices. Government spokesperson Isaac Mwaura...
KNCCI calls for tax reforms amid fuel price hike

KNCCI calls for tax reforms amid fuel price hike

What You Need to Know The Kenya National Chamber of Commerce and Industry (KNCCI) has urged for structural tax reforms in light of rising fuel...
IMF's Kristalina Georgieva Addresses Economic Challenges in

IMF’s Kristalina Georgieva Addresses Economic Challenges in

What You Need to Know At the IMF Spring Meetings, Kristalina Georgieva highlighted the economic challenges facing Sub-Saharan Africa due to rising fuel prices and...