Kenyan flower farmers explore Middle East markets as invasive bugs and toxic pesticides hurt exports to Europe
Nationally, the flower industry employs half a million people, according to a Central Bank of Kenya 2021 report, and is estimated by the National Bureau of Statistics to be worth over $800 million. Roses make up about 66 per cents of cut flower exports, at an estimated value of about $300 million.
‘Value of Acceptance’ report by Visa and 4Sight Research shows 58 per cent business transactions in Kenya are paid for with mobile money
As Kenya leads Africa in financial innovation, the message is clear that digital payments are not limited in time as they constantly transform businesses, empower entrepreneurs, and shape a stronger economy.
Industry players at Kisumu meet want Kenya to swap sandy beaches and wildlife for nature to inject dynamism in tourism
Director at the State Department for Tourism David Kinyangi described the opportunity to review the National Tourism Policy and the Tourism (Amendment) Bill, 2024 as a historic milestone in shaping the future of the sector.
Expenditure to edge up as Kenya’s budget deficit narrows in 2025/26, finance ministry says
The government plans to finance the deficit with net external financing of Ksh146.8 billion ($1.2 billion) and net domestic financing of Ksh684.2 billion ($5.3 billion) s, the ministry said.
Valentine condomisation: Kenya announces plans to start own condom production as it grapples with unwanted pregnancies
Local condom production matters because despite widespread awareness, HIV and STI infections remain a pressing public health issue.
Herders embrace artificial intelligence to increase goat milk, meat to match rising demand in Kenya
Speaking during an open day event with goat dairy farmers at the Kutus Ahiti Domba Centre, Kirinyaga County KAGRC Managing Director Benadette Misoi told goat herders the importance of AI in modern farming, describing it as ground-breaking technology that is expected to help farmers maximise their yields.
Kenya’s finance minister downplays US foreign funding freeze, says economic outlook is positive
Principal Secretary of State Department for National Treasury, Dr Chris Kiptoo, reiterated that the diversified economy and resilience have enabled the GDP to remain one of the highest in the world because the world growth rate is around three percent with sub-Saharan Africa representing 3.7 per cent and our GDP is around 5 per cent.
Kenya turns attention to neglected arid and semi-arid lands to expand agricultural potential
Cabinet Secretary for East African Community, ASALs and Regional Development Beatrice Moe said her ministry has achieved its vision of ‘sustainable ASALs and integrated basin-based development for improved livelihoods’ by focusing on key priority areas, including coordination of ASALs and basin-based development, climate change mitigation, resilience building, accelerating socio-economic and infrastructure development, peacebuilding and socio-cultural integration, scaling up relief and humanitarian responses to save lives, knowledge management, and institutional capacity development.
Why South Sudan’s ‘central bank in exile’ in Kenya elicits interest for fraud as world’s youngest nation burns
While President William Ruto may have inherited some of the dealings from his predecessor, Uhuru Kenyatta, Tell found a link to the current regime to a foundation associated with the first family – the Eldoret-based Samoei Ruto Foundation, senior official (name withheld) reportedly who “now is a “secretary” supporting presidential advisers.” The extent of the Samoei Ruto Foundation’s chief executive’s involvement is not clear given her designation’s nebulousness.
Forensic probe unearths mind-boggling financial fraud in Kenya’s umbrella Sacco union
However, despite the damning findings, the CS said KUSCCO remains operational, albeit under significant restructuring.
