Kenya invites foreign and local firms to bid for the e-procurement system
In a major policy departure, the government of Kenya has invited foreign and local firms to bid for installation of the e-procurement system.
The...
Kenya High Court stops Kenya Power from floating tenders for insurance brokerage firms
(3 minutes read)
The Kenyan High Court has stopped Kenya Power from proceeding with a tender for insurance brokerage firms on the plea that it...
Kenyans still not permitted to enter the UK despite Kenyatta’s visit
(3 minutes read)
Travelers from Kenya still are not permitted in the United Kingdom in the latest update that took effect yesterday (Monday)
The...
Switzerland’s leisure airlines add three new destinations in Tanzania
From October, Edelweiss ,Switzerland’s popular leisure airlines will fly to three new destinations in Tanzania Kilimanjaro, Zanzibar and Dar es Salaam.
The development...
Chinese operator refuses to handover SGR over Unpaid bills
The Chinese operator of the standard gauge railway (SGR) has demanded clearance of unpaid bills before handing over SGR fully to Kenya. The...
Key’s economy to grow at 6.6% in current fiscal
(3 minutes read)
· The National Treasury has projected Kenya’s economy to grow by 6.6% from an estimated growth of 0.6% in 2020, the highest growth...
CBK survey optimistic about Kenya’s post Covid-19 growth
(4 minute read)
The Central Bank of Kenya (CBK) unveiled the Monetary Policy Committee(MPC) CEO Survey of July 2021
The survey presents confidence in...
Kenya revokes its proposal to ban import of Chinese fish
There were media reports that Kenya's agriculture committee was considering a ban on fish imports from China, to protect the local fish supplies.
...
Kenya’s current account deficit widens due to decline services exports deficit
(4 minutes)
· Kenya’s current account deficit significantly widened to 5.4% of GDP in the 12 months to June from 5.2% in the same period...
Kenya’s PMI drops marginally; still above 50
(3 minutes read)
Kenya’s economic activities further eased in July as businesses relaxed due to expansions in output, new orders and employment during the...