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News
James Mworia on plans to ease the projects funding pressure on Exchequer
2+ day, 19+ hour ago (371+ words) James Mworia took up the role of founding CEO of the newly created National Infrastructure Fund (NIF) on Monday, marking his exit from Centum Investment Company after nearly 17 years. Through the fund, he aims to mobilise at least Sh400 billion annually…...
Kenya factories, farms hit by standards hurdles in Africa
2+ day, 21+ hour ago (639+ words) Staff at High Chem Industrial Park in Industrial Area, Nairobi. Fragmented product standards, testing and certification are impeding a push by Kenya's factories and farms to expand exports under the African Continental Free Trade Area (AfCFTA), officials said, threatening to…...
Alice Kang????ethe: The economist fighting for a healthier Africa
2+ day, 20+ hour ago (1797+ words) Alice Kang’ethe is the CEO of the Beginnings Fund, a coalition that includes the Gates Foundation and the Children's Investment Fund Foundation. Early in Alice Kang'ethe's public-health career, on a trip to Mbita, a scorpion stung her. The pain was…...
Ruto fund eyes Sh42bn yearly returns from bonds
3+ day, 18+ hour ago (740+ words) The National Infrastructure Fund (NIF) eyes about Sh42 billion in annual income from government securities as it seeks to create a steady financing pool for mega strategic infrastructure projects while preserving the seed capital. The NIF seed capital presently stands at…...
Why Kenyan firms pour millions into sponsorships deals
3+ day, 22+ hour ago (1217+ words) Jazz lovers enjoying performance at Kenny G’s “One Night Only” concert held at the Kenyatta International Convention Centre in Nairobi on September 27, 2025. What connects sponsorship deals in Kenya's live music scene right now is not the size of the cheque…...
Kemri gets tax exemption on Sh3bn Japan research grant
3+ day, 21+ hour ago (399+ words) The Kenya Medical Research Institute (Kemri) Head Office in Nairobi. The National Assembly has approved tax exemptions on a Sh3 billion Japanese-funded research programme at the Kenya Medical Research Institute (Kemri). The MPs approved the recommendations of the National Assembly Committee…...
Kenya reviews Mounjaro market entry
3+ day, 20+ hour ago (526+ words) The Pharmacy and Poisons Board (PPB) has begun reviewing an application to register Mounjaro, a booming once-weekly injectable diabetes drug, for use in Kenya. The application was submitted by Aspen Pharmacare, a South African pharmaceutical company that has an agreement…...
State eyes Sh60bn in second bond sale in September
3+ day, 21+ hour ago (453+ words) The Central Bank of Kenya (CBK) is back in the market with a Sh60 billion Treasury bond sale as the government keeps up its rapid rate of domestic borrowing early in the fiscal year. In the sale, the CBK has reopened…...
EAC won’t be fully integrated until its money moves freely
3+ day, 23+ hour ago (668+ words) The EAC headquarters in Arusha, Tanzania. East Africa has made remarkable progress in removing barriers to the movement of goods and people. Today, a truck leaving the Port of Mombasa can travel through regional transport corridors to Kampala, Kigali and…...
Commercial banks???? loan margins fall to 10-month low on rate cuts
4+ day, 21+ hour ago (737+ words) The gap between what banks operating in Kenya charge on loans and pay on deposits narrowed to a 10-month low of 7.46 percentage points in July as lenders strike a balance between appeasing borrowers and attracting savers. This means that the…...