Remittances slide under Trump policies

Central Bank of Kenya report shows that remittances dropped to Sh56.17 billion in December 2025, down from Sh57.45 billion in December 2024.

By Brian Ngugi 10 days ago

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Kenya's elite splurge billions on Dubai property to dodge scrutiny at home

New report shows Kenyans are the leading African investors in Dubai's lucrative property market with nearly Sh34 billion.

By Brian Ngugi 12 days ago

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Trump tariff threat casts long shadow over Kenya-Iran trade

Countries conducting business with the Islamic Republic risk being slapped with a 25 per cent tariff.

By Brian Ngugi 12 days ago

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Kenya secures landmark zero-duty trade deal with China

The government has confirmed that it has secured a preliminary trade agreement with China that will allow 98.2 per cent of its goods to enter the Chinese market duty-free.

By Brian Ngugi 14 days ago

Kenya trade strategy with Iran at crossroad over Trump's warning

A threat by US President Donald Trump to impose a 25 per cent tariff on any nation trading with Iran has thrown Kenya's strategic push into the Middle East into disarray.

By Brian Ngugi 14 days ago

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East or West? Kenya insists China trade deal on track amid US tensions

The government now says a landmark trade agreement with China remains on track, dismissing concerns that geopolitical tensions with the US have stalled the long-delayed deal.

By Benard Lusigi, Brian Ngugi 15 days ago

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US now opens door for Kenya to reclaim vital Agoa trade benefits

The House of Representatives passed a law paving the way for a three-year extension of the Agoa partnership.

By Brian Ngugi 16 days ago

Centum scholarship programme reaches 450 beneficiaries in Coastal Kenya

The company will sponsor an additional 50 academically gifted students from needy backgrounds this year, covering their fees through their Senior Secondary education under the CBE curriculum.

By Brian Ngugi 16 days ago

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Drought, soaring food prices pushing millions into hunger

Nearly a dozen counties are on high alert as severe drought exposes millions to acute food insecurity, humanitarian agencies warn.

By Brian Ngugi 17 days ago

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AG, Treasury CS Mbadi to be grilled by MPs over Safaricom sale

The hearings by two parliamentary committees, will scrutinise the December deal that saw Vodacom Group acquire a 15 per cent stake from the Kenyan government.

By Brian Ngugi 17 days ago

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MPs launch probe into State Sh244b Safaricom stake sale

The National Assembly will on Monday kick off a multi-sector inquiry into the government's controversial sale of a 15 per cent stake in telecoms giant Safaricom to South Africa's Vodacom.

By Brian Ngugi and Irene Githinji 17 days ago

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Why Kenya's zero-tariff deal with China is up in the air

The lapse of AGOA exposed Kenyan apparel to US tariffs of up to 10% Washington now pegs the renewal of AGOA to Kenya abandoning an alternative trade deal with Beijing.

By Brian Ngugi 18 days ago

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Kenya braces for Sh45 billion hit as Trump abandons diplomatic hub

Kenya is bracing for its third major economic shock from Washington in less than two years after US President Donald Trump ordered a withdrawal from 66 international organisations.

By Brian Ngugi 20 days ago

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Economy shows signs of recovery in new boost for jobs and salaries

The growth, while modest, marks a positive turn for President Ruto's administration which is under pressure to deliver on its flagship economic promises ahead of the 2027 General Election.

By Brian Ngugi 21 days ago

US move puts funding of aid groups, climate and security at risk

Direct annual funding at risk from UN and affiliated programmes alone is estimated at $250-350 million (Sh32-45 billion), excluding the wider shock to Nairobi's service economy.

By Brian Ngugi 21 days ago

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Ruto dumps hustlers vibe for Singapore dream in Sh5tr gamble

President William Ruto has abandoned the grassroots economic model that won him power, and replaced it with a high-stakes strategy to attract private capital for megaprojects.

By Brian Ngugi 22 days ago

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Hope for more jobs as firms in strongest hiring in over 6 years

Companies across most sectors reported taking on more staff to meet rising demand and build capacity for the future.

By Brian Ngugi 22 days ago

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Inside 2026 top Kenyan CEOs crystal ball

Kenya's private sector captains are projecting a year of robust economic growth and strategic expansion in 2026, driven by improved infrastructure, macroeconomic stability.

By Brian Ngugi 23 days ago

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Big banks predict fall in borrowing costs under new CBK pricing model

The model perceived to be a transparent loan pricing formula is expected to automatically reduce lending costs when policy eases.The will also model will strengthen monetary policy.

By Brian Ngugi 24 days ago

State faces new IMF test as loan talks resume

The International Monetary Fund is set to dispatch its top officials to Kenya in January, aiming to break a deadlock over a new financial bailout.

By Brian Ngugi 25 days ago

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Ten key events that will shape Kenya's economic future in 2026

President Ruto's declaration that the National Infrastructure Fund will be operationalised in January is a central pillar of his plan to wean the state off expensive commercial debt for public works

By Brian Ngugi 26 days ago

New Year, old problem: Kenyans' struggle with high living cost persists

Households across the country are grappling with the steep cost of staples like maize flour, vegetables, and meat as they start the New Year 2026.

By Brian Ngugi 28 days ago

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Equity boss on loans cost, Ethiopian expansion and 2026 outlook

Equity Group CEO James Mwangi shared his confidence in lower lending rates, detailed plans for entering new markets like Ethiopia,

By Brian Ngugi 28 days ago

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Why Ruto is at crossroads over sale of public assets

Safaricom stake sale criticised for compromising sovereignty over critical digital infrastructure.

By Brian Ngugi and Macharia Kamau 1 month ago

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How Ruto's Sh4.7tr budget aims to lift hustlers' lives

BETA pillars aim to boost farmers, small traders and the youth ahead of 2027 elections.

By Brian Ngugi 1 month ago

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How tech innovation is boosting access to insurance products

Latest data from the Insurance Regulatory Authority (IRA) shows that by the end of 2022, Kenya had 11,400 agents and 176 brokers serving the entire industry.

By Brian Ngugi 1 month ago

Lean holidays for families as remittance falls

Analysts are linking the drop to a crackdown on migrants under US President Donald Trump.

By Brian Ngugi 1 month ago

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AfDB approves Sh7.8b facility for Equity to boost exporters

The move is designed to directly ease the flow of goods and payments across borders.

By Brian Ngugi 1 month ago

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I take Ruto as a father: Zimbabwe 'Mr Moneybags' defends meeting

Zimbabwean businessman Wicknell Chivayo has interests in renewable energy, infrastructure, and logistics across at least five African nations.

By Brian Ngugi 1 month ago

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Boon for exporters as Kenya inches closer to China tariff deal

Trade official confirms the deal is almost done, which would grant Kenyan products duty-free access to China's vast market.

By Brian Ngugi 1 month ago

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CEOs see Trump tariffs, high taxes hurting growth in 2026

New CBK survey of captains of industry shows half (49 per cent) of firms expect to be negatively impacted by recent US trade tariffs and policy changes.

By Brian Ngugi 1 month ago

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Why Nairobi Water is pushing for increased water bills

Nairobi Water has proposed a tariff increase to fund a major infrastructure upgrade aimed at providing reliable water to the city's residents, who are battling frequent shortages.

By Brian Ngugi 1 month ago

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End of an era as Japan firm pays Diageo Sh297b for a sip of EABL

Diageo Plc has agreed to sell its controlling stake in East African Breweries Ltd to Japan's Asahi Group Holdings, marking the end of a decades-long presence for the group in Kenya.

By Brian Ngugi 1 month ago

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End of an era: UK drinks giant Diageo set to exit Kenya, sells EABL stake for Sh297b

Beverage giant Diageo sells its majority stake in EABL and UDV Kenya to Japanese brewer Asahi Group for Sh296.5 billion, deal expected to close in 2026.

By Brian Ngugi 1 month ago

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How Ruto-backed smart DLs will bypass traffic police, automate fines

The Cabinet sanctioned the rollout of Second-Generation Smart Driving Licenses, which will be linked to an instant digital fines system and a driver penalty points scheme.

By Brian Ngugi 1 month ago

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Ruto's ambitious Sh5 trillion fund plan gets Cabinet nod

The decision advances President Ruto's newly announced strategy to shift Kenya toward an investment-led economic model, reducing reliance on debt and taxes to finance infrastructure.

By Brian Ngugi 1 month ago

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Boost for jobs as Kenya tops global luxury travel list

The ranking highlights its enduring appeal for high-end safaris and conservation-focused experiences.

By Brian Ngugi 1 month ago

How Absa aims to cut over-reliance on Kenya as it eyes diversification

Fihla told investors this concentration poses a risk to the group.

By Brian Ngugi 1 month ago

TRIFIC launches Sh4.8bn green property fund for dollar-yield investors

A REIT is a company that owns and operates income-generating real estate and distributes most of its profits to shareholders.

By Brian Ngugi 1 month ago

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Auditor-General slams MPs for sleeping on the job as audits pile

Only 21 per cent and 25 per cent, respectively, of the recommendations made by Parliament were implemented.

By Brian Ngugi 1 month ago