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Kenya Treasury cuts fuel subsidy by half to $200m starting July

Nairobi, May 2 -- Kenya's National Treasury has cut allocations for fuel price subsidy by half in the financial year starting July. The Treasury, in budget estimates, has allocated Ksh27 billion ($20... Read More


Power line linking Kenya to southern Africa set for 2025

Nairobi, May 1 -- A key power line linking Kenya to Zambia through Tanzania is set for completion in November 2025, raising hope for cross-border electricity imports and exports among nations covered ... Read More


Kenya third best in Africa for immigrants targeting top pay

Nairobi, April 24 -- Kenya is the third most preferred African country by immigrants seeking high income, according to a new report that showcases what draws foreign investors. The Henley Opportunity... Read More


Kenya second-hand clothes imports from China rise 86pc

Nairobi, April 23 -- The quantity of second-hand clothes imported from China, which is Kenya's main source of the popular low-cost used clothing, jumped by 86.2 per cent in the first quarter of this y... Read More


Construction is Kenya's top money laundering sector

Nairobi, April 21 -- More than half of private companies that have been reported for money laundering are in the construction sector, according to a government report that sheds fresh light on the pre... Read More


Kenya electric vehicles uptake goes up five-fold

Nairobi, April 14 -- The number of electric vehicles and motorcycles registered in Kenya increased more than five times last year as more corporations and individuals migrated to clean mobility. Data... Read More


Boost for farmers as tea auction prices jump 29pc

Nairobi, April 9 -- Tea farmers have been handed a boost as tea prices at the Mombasa auction hit $3.41 (Sh443) per kilogramme in February, which is a jump of 29.1 per cent compared to the price the g... Read More


Electric cars, motorbikes uptake jumps five-fold

Nairobi, April 9 -- The number of electric vehicles and motorcycles registered in Kenya increased by more than five times last year as more corporations and individuals migrated to clean mobility. Da... Read More


Tourist arrivals recover to levels before Covid-19

Nairobi, April 8 -- Some 182,000 tourists visited Kenya in January, which is the first time the arrivals have bounced back to the highs seen before the Covid-19 pandemic that hit in March 2020. This ... Read More


State defaults on pension remittance for six months

Nairobi, April 8 -- A cash crunch at the National Treasury saw the government skip remitting pensions for civil servants in the six months to December 2023. Controller of Budget Dr Margaret Nyakang'o... Read More