Kenya re-elected to International Maritime Organization (IMO) Council
At the 31st Assembly of the International Maritime Organization(IMO) meeting in London, Kenya was re-elected to IMO Council under category C for the 2020-2021 biennium....
Kenya cuts pipeline tariffs by 50% to regain export markets
In a bid to regain its petroleum export market, and make its offer more attractive compared to its competitors like Tanzania, Kenya has drastically...
Good to be a part of AfCATA: But protect domestic industry –Tanzanian business lobby
Tanzanian industry has welcomed the government’s decision to be a part of the regional markets under the umbrella of African Continental Free Trade Area (AfCATA),...
Alibaba signs MoU with Ethiopia to establish Electronic World Trade Platform
During the visit of Chairman of Alibaba Group, Jack Ma to Ethiopia, this week, Alibaba Group signed a memorandum of understanding (MoU) to establish...
Kenya to adopt schemes to prevent tax evasion by Multinationals
In a bid to strengthen Kenya’s position in sealing gaps and mismatches in tax rules that lead to revenue leakages running into billions of...
Kenya in a surprise move cut interest rate by 0.5%
Kenya’s central bank slashed its benchmark lending rate, for the first time in more than a year, recently to kick off more business activities.
The...
Soaring debt and low revenue- Moody’s rating of Kenya @ B2
Moody's Investors Service in its annual report released this week, projected its rating of Kenya at B2, after it was lowered from B1 in...
Kenya’s gambit to beef up revenue by selling passport: Will it deliver?
It is the common Christian belief that everyone is born with an original sin-passed from Adam and Eve. Something more tangible has surfaced now...
EAC Heads of State Summit postponed to early next year
East African Community(EAC) Secretariat has announced the postponement of the 21st Ordinary Meeting of the EAC Heads of State Summit initially scheduled for Saturday,...
Air India to resume direct flights between Mumbai and Nairobi
Air India is set to resume direct flights between Mumbai and Nairobi on November 27. Initially, the direct flights were to begin on September...