Kenya, Sweden sign $2.7m deal to enable East African nation to meet foreign trade obligations
Through the programme, it is anticipated that supported MSMEs (60 per cent women-led, 40 per cent youth-led) will realise a $3 million increase in export value, alongside tailored support on climate-linked export regulations and standards. Further, at least $5 million in private investment is expected to be leveraged towards green logistics infrastructure.
Christian professionals forum raise red flag over Ksh110 billion ‘budgeted corruption’, wants parliament not rush 2025-26 budget
Davis Muchere raised red flags on Ksh85 billion allocation under the Ministry of Education’s Basic Education Department labelled “non-financial private enterprises,” which he says it is an ambiguous and untraceable item. Another questionable allocation he cited was Ksh25 billion under the State Department of Petroleum earmarked for “private financial enterprises,” which he said creates a loophole to siphon public funds to unknown entities.
How insufficient, delayed funding denies Kenya access to lucrative livestock markets in US, EU and South Africa
Other challenges include the spread of transboundary animal diseases, violation of animal welfare, increased slaughter in the bush and insufficient meat inspection services that contribute to a high risk of exposure to zoonoses and food-borne illnesses and skewed distribution of veterinary services with low provision of the services in the arid and semi-arid areas.
Elon Musk: A powerful force in Trump’s orbit the billionaire was hyper-visible, unapologetically brash and unfettered by traditional norms
Musk clashed with three of Trump’s most senior cabinet members – Secretary of State Marco Rubio, Transportation Secretary Sean Duffy and Treasury Secretary Scott Bessent. He called Trump’s trade adviser Peter Navarro a “moron” and “dumber than a sack of bricks.” Navarro dismissed the insults, saying, “I’ve been called worse.”
Kisumu’s fisheries and aquaculture centre plans to raise fingerlings production from current 28 million annually
Construction of Phase One at a cost of Kshh1.3 billion ($10.1 million), which started in November 2024, is in progress and is currently 27 per cent complete.
As Kenyan president gloated about robust economic rally, World Bank lowered 2025 projections due to private sector squeezed
“Domestic borrowing, coupled with high lending rates, risk crowding out the private sector,” Naomi Mathenge, a senior economist at the World Bank, told a briefing on the Kenya Economic Update report, which is usually published twice a year.
Regional government now engages Kenya oil and gas working group on exploration in the north
KOGWG Coordinator Muturi wa Kamau highlighted the group’s role in strengthening governance structures in the oil and gas industry. Kamau noted that improving the land registration system was central to the group’s mandate, as it enhances transparency, public participation and accountability in the sector.
Lake Turkana fish: How corrupt Kenyan officials make a killing in world’s largest permanent desert lake, impoverish local communities
While data on quantities and earnings from legal fish exports is scanty, international investigators, Institute for Security Studies, estimate the 300 tonnes of fish valued at over $1.7 million from Lake Turkana is smuggled to DRC and Zambia.
Regional government in central Kenya builds coffee warehouse to enable farmers to sell their produce directly
Kirinyaga coffee farmers currently market their produce through the union’s Kirinyaga Slopes Coffee Brokerage Company, which works closely with county government to improve the entire coffee value chain from milling to marketing. The firm attained its brokerage status in 2023 after Governor Waiguru helped fast-track the issuance of its brokerage license at the Capital Markets Authority.
Abuse of office or doublespeak: How Trump’s media conglomerate’s becoming a bitcoin reserve
Despite the ready availability of bitcoin exchange-traded funds, a cheaper way to invest in the currency indirectly, bitcoin treasury stocks are proliferating. Within the past two months, figures including Brandon Lutnick, the son of US commerce secretary Howard Lutnick, and David Bailey, a bitcoin evangelist who reportedly advised Trump on crypto policy, have launched their own respective bitcoin treasury vehicles.
