CBK woos Kenyans abroad with investment incentives
Central Bank of Kenya (CBK) is looking at developing a framework that will offer special incentives to Kenyans abroad who set up businesses back at a home. Governor Patrick Njoroge says the findings of a survey the bank ran on Kenyan diaspora and recipients locally will inform the development of a facilitative policy that encourages increased targeted More...
A first as Ngũgĩ wa Thiong’o is nominated as author and translator for the International Booker Prize
Ngũgĩ wa Thiong’o has become the first writer to be nominated for the International Booker prize as both author and translator of the same book, and the first nominee writing in an indigenous African language. The More...
ALL SYSTEMS GO AS KENYA-UK TRADE DEAL COMES INTO FORCE
Status of the Agreement On 3 November 2020, Kenya and the UK signed the Kenya-UK Economic Partnership Agreement (the EPA) to continue the preferential zero tariff and zero quota trade of goods between the two countries. More...
KENYA-SOMALI RELATIONS CONTINUE TO DETERIORATE
Tensions between Kenya and Somalia continued to rise this week, with Somalia’s information ministry releasing a statement accusing Kenya-funded and -trained rebels of crossing into Jubbaland. As of Thursday, More...
Africa’s Journey of a thousand Miles’ under AfCFTA
By: Agnes Gitau Africa’s journey of a Thousands miles begins today under the Africa free trade agreement ‘ AfCFTA’. This is Africa’s opportunity towards recovery and prosperity and ultimately More...
Telcos are the new banks’ – Safaricom Plc sets eyes on Kenya’s Money Market
Safaricom Plc, Kenya’s leading mobile firm, is looking for partnerships with fund managers and investment banks as it seeks to become a fully-fledged financial services provider. “Safaricom Plc is in negotiations More...
Kenya to receive kshs. 444 Million in stolen assets stashed abroad – UK High Commissioner Confirms
Kenya is to receive the first transfer of KSh 444 Million in stolen assets stashed abroad. This is part of ‘The Framework for the Return of Assets from Crime in Kenya’ initiative signed two years ago between More...
East Africa Court of Justice halts implementation of 25% duty on glass imports imposed by Kenya
Tanzanian glass container manufacturer, Kioo Limited breaths a sigh of relief following the East Africa Court of Justice (EACJ) halting the implementation of the 25 percent excise duty on imported glass bottles More...
2021 Africa Macroeconomic outlook
The coronavirus pandemic continues to upend lives and livelihoods globally plummeting economic growth in individual countries. Although the SSA region may have been spared the rate of infections recorded in advanced More...
Kenya’s ice cream, chocolate maker Glacier Products clinches investment from EXEO Capital
KENYA – Glacier Products Ltd, one of Eastern Africa’s leading ice cream and chocolate confectionery manufacturers operating from Kenya has received an undisclosed amount of investment from EXEO Capital, a More...
