Category

Business

Mombasa SEZ Expansion Draws Ksh 6 Billion Investment from UAE Firms
Business

Mombasa SEZ Expansion Draws Ksh 6 Billion Investment from UAE Firms

Two UAE conglomerates have committed Ksh 6 billion to manufacturing and logistics facilities within the Mombasa Special Economic Zone, the largest single tranche of Gulf investment in the zone's history.

4 min
Kenya's Avocado Season Boosts Smallholder Farmers as Global Demand Stays High
Business

Kenya's Avocado Season Boosts Smallholder Farmers as Global Demand Stays High

Kenya's 2026 avocado harvest has delivered record earnings for smallholder farmers in the Rift Valley and Mount Kenya regions, as European and Asian buyers compete for Hass variety exports.

4 min
Kenya Export Promotion Authority Reports 18% Growth in Non-Traditional Exports
Business

Kenya Export Promotion Authority Reports 18% Growth in Non-Traditional Exports

Kenya's non-traditional exports surged 18% in the first half of 2026, driven by processed foods, textiles, and digital services, the Export Promotion Authority confirms.

3 min
Kenya's Insurance Penetration Rate Climbs to 3.2% as Mobile Micro-Insurance Takes Off
Business

Kenya's Insurance Penetration Rate Climbs to 3.2% as Mobile Micro-Insurance Takes Off

Kenya's insurance penetration has risen to 3.2% of GDP in 2026, driven by mobile micro-insurance products that are enrolling previously uninsured low-income Kenyans at scale.

4 min
Diaspora Remittances to Kenya Hit All-Time High of $4.5 Billion in 2025
Business

Diaspora Remittances to Kenya Hit All-Time High of $4.5 Billion in 2025

Kenyans living abroad sent a record $4.5 billion home in 2025, with North America overtaking Europe as the top source region for the first time, central bank data shows.

3 min
Kenya's Aviation Sector Grows 30% as New Airlines Enter Nairobi Market
Business

Kenya's Aviation Sector Grows 30% as New Airlines Enter Nairobi Market

Passenger throughput at JKIA has risen 30% in the first half of 2026 as six new carriers launch Nairobi routes, cementing Kenya's position as East Africa's premier aviation hub.

3 min
Kisumu Port Expansion Opens New Trade Corridor for Uganda and Rwanda
Business

Kisumu Port Expansion Opens New Trade Corridor for Uganda and Rwanda

The newly expanded Kisumu Port, with doubled handling capacity and a modern container yard, is transforming Lake Victoria into a competitive freight artery for landlocked East Africa.

4 min
CBK Holds Base Rate at 12.5% Amid Easing Inflation and Currency Stability
Business

CBK Holds Base Rate at 12.5% Amid Easing Inflation and Currency Stability

The Central Bank of Kenya's Monetary Policy Committee held the benchmark rate at 12.5% at its June 2026 meeting, signalling cautious optimism on inflation while watching global headwinds.

4 min
Kenya's Real Estate Market Cools as High Interest Rates Curb Mortgage Uptake
Business

Kenya's Real Estate Market Cools as High Interest Rates Curb Mortgage Uptake

Kenya's housing market has stalled in 2026 as mortgage lending remains depressed by interest rates above 17%, with property transactions in Nairobi falling 22% year-on-year.

3 min