Kenya mulls tax incentives to enhance broadband access

Ronald Njoroge|Published

The government official said that Kenya has embarked on its digital transformation journey to ensure that the digital economy becomes a reality.

Kenya projects to import one million tons of wheat in 2019

Ronald Njoroge|Published

Anthony Kioko, chief executive of Cereal Growers Association told Xinhua in Nairobi that local production will remain steady at about 350,000 tons.

Kenyan bank mulls partnership with Chinese fintech firms

Ronald Njoroge|Published

NCBA Bank, which is the third-largest banking institution in east Africa in terms of assets, has a presence in Kenya, Uganda, Tanzania and Rwanda.

Kenya to focus on African exports to bridge trade deficit

Ronald Njoroge|Published

According to the export agency, Kenyan industries will have to enhance their competitiveness in order to achieve market access in the continent.

Kenya eyes 10% growth in international tourist arrivals in 2019

Ronald Njoroge|Published

Kenya has attracted 139 travel agents, tour operators, hoteliers and trade media from across the world in the ninth edition of the tourism conference.

7.3 bn Kenyan shillings not returned as old notes phase-out

Ronald Njoroge|Published

Patrick Njoroge, Governor of the Central Bank of Kenya (CBK) said the four-month phase-out of 1,000 shilling notes proceeded well.

Kenya's Barclay Bank mulls integration of WeChat Pay, Alipay into digital platform

Ronald Njoroge|Published

Andrew Mwithiga, head of virtual banking said consumers of financial services are now moving towards digital and social media platforms

Kenya's geothermal capacity to hit 1,000 MW by end of 2019: official

Ronald Njoroge|Published

Government data indicates that the east African nation's electricity generation installed capacity stands at approximately 2,700 MW.

Kenya to nationalize airline by end of year to boost competitiveness

Ronald Njoroge|Published

In July, the east African nation's parliament voted to nationalize the national carrier.

Kenya woos Chinese investors in the agricultural sector

Ronald Njoroge|Published

In 2018, Kenya and China signed the sanitary and phytosanitary (SPS) protocol that is geared towards giving Kenya market access to the Chinese market.

Kenyan SGR operator's localization rate reaches 80%

Ronald Njoroge|Published

Li Jiuping, manager of the operator told journalists in Nairobi that phase I of the SGR project is on course to meet its promise of 90% by 2020.

China to introduce environmental friendly agro-chemicals in Kenya

Ronald Njoroge|Published

Some 26 exhibitors from China, India and Kenya engaged in the pesticide, fertilizer and logistics sector are attending the conference.

World Bank to support Kenya to strengthen public private dialogue at county level

Ronald Njoroge|Published

The World Bank official added that the lender's support is based on the recognition of the private sector as the engine of economic growth.

Kenya signs deal with EU to boost agricultural exports

Ronald Njoroge|Published

The deal aims to boost Kenya's agricultural exports both regionally and internationally.

African entrepreneurs urged to work to competitive edge

Ronald Njoroge|Published

A Jack Ma Foundation advisor said that fragmented markets in Africa provide a challenge for local businesses seeking to scale up their operations.

Kenya urges East Africa to enhance gains from natural resource

Ronald Njoroge|Published

Julius Muia, principal secretary of Kenya's National Treasury, told a regional forum in Nairobi that natural resources are finite.

Kenya's overall inflation rate rises to 6.27 pct in July

Ronald Njoroge|Published

Zachary Mwangi, director general of Kenya National Bureau of Statistics (KNBS), said the consumer price indices (CPI) fell 0. 36 percent,.

Kenya's export processing zones sales to hit $866 million in 2019

Ronald Njoroge|Published

The East African nation introduced the export zones in 1990 in order to boost the country's foreign exchange earnings.

Kenya to use blockchain to boost food security

Ronald Njoroge|Published

Joe Mucheru, cabinet secretary said artificial intelligence can be used to track agricultural produce from end-to-end from seeds to the marketplace.

Kenya's titanium exports decrease in Q2 following closure of mine

Ronald Njoroge|Published

Base Titanium, which operates the Kwale mineral sands project, said that ilmenite exports, which contains titanium decreased to 99,620 tons.

Kenya to begin oil exports in Q3 2019

Ronald Njoroge|Published

In 2012, Tullow oil discovered commercial oil deposits in the east African nation that are currently estimated at 750 million barrels.

African fintech firm to enhance uptake of Wechat pay

Ronald Njoroge|Published

Wapi Pay's fintech solutions are currently business-to-business solutions and the firm is exploring options of enable peer-to-peer payments.

Kenya, Turkey to sign tax treaty by end of 2019

Ronald Njoroge|Published

Ahmet Cemil Miroglu, Turkish ambassador to Kenya told journalists that both countries are keen to improve the environment for investment and trade.

Kenya to prioritize domestic savings to fund development projects

Ronald Njoroge|Published

Nelson Gaichuhie, chief administrative officer said the use of local resources is a cheaper source of finance compared to local and foreign loans.

Kenya to focus on Africa to drive export growth

Ronald Njoroge|Published

Government data indicates that in 2018 approximately 40 percent of Kenya's exports went to other African markets.