Kenya business News API

Supported Countries - 165

Afghanistan

Albania

Algeria

Angola

Argentina

Australia

Austria

Azerbaijan

Bahamas

Bahrain

Bangladesh

Barbados

Belarus

Belgium

Belize

Bermuda

Bhutan

Bolivia

Bosnia And Herzegovina

Botswana

Brazil

Brunei

Bulgaria

Cambodia

Cameroon

Canada

Cape Verde

Cayman Islands

Central African Republic

Chile

China

Colombia

Comoros

Congo

Costa Rica

Croatia

Cuba

Cyprus

Czech Republic

DR Congo

Denmark

Djibouti

Dominica

Dominican Republic

Ecuador

Egypt

El Salvador

Estonia

Ethiopia

Fiji

Finland

France

French Polynesia

Gabon

Georgia

Germany

Ghana

Greece

Guatemala

Guinea

Haiti

Honduras

Hong Kong

Hungary

Iceland

India

Indonesia

Iran

Iraq

Ireland

Israel

Italy

Ivory Coast

Jamaica

Japan

Jordan

Kazakhstan

Kenya

Kuwait

Kyrgyzstan

Laos

Latvia

Lebanon

Libya

Lithuania

Luxembourg

Macedonia

Madagascar

Malawi

Malaysia

Maldives

Mali

Malta

Marshall Islands

Mauritania

Mauritius

Mexico

Moldova

Monaco

Mongolia

Montenegro

Morocco

Mozambique

Myanmar

Namibia

Nepal

Netherland

New Zealand

Niger

Nigeria

North Korea

Norway

Oman

Pakistan

Palestine

Panama

Papua New Guinea

Paraguay

Peru

Philippines

Poland

Portugal

Puerto Rico

Qatar

Romania

Russia

Rwanda

Samoa

Saudi Arabia

Senegal

Serbia

Singapore

Slovakia

Slovenia

Solomon Islands

Somalia

South Africa

South Korea

Spain

Sri Lanka

Sudan

Sweden

Switzerland

Syria

Taiwan

Tajikistan

Tanzania

Thailand

Tonga

Tunisia

Turkey

Turkmenistan

Uganda

Ukraine

United Arab Emirates

United Kingdom

United States Of America

Uruguay

Uzbekistan

Vanuatu

Venezuela

Vietnam

Yemen

Zambia

Zimbabwe

Get business headlines from Kenya with our JSON API.

🔑 Get API key for the Kenya business News API

Country Parameter

The country paramter for the Kenya is KE.

Some example queries:

Below is the search query to fetch random 100 news-sources of Kenya.

https://newsdata.io/api/1/sources?country=ke&apikey=YOUR_API_KEY

Some of the well known sources

Live Example

This example demonstrates the HTTP request to make, and the JSON response you will receive, when you use the News API to get business headlines from Kenya.

Business Headlines from Kenya

https://newsdata.io/api/1/latest?country=ke&category=business&apikey=YOUR_API_KEY

{
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      {
      • "article_id": "4084937e50329df5528c9e402dcd2651",
      • "title": "KCB clocks Sh53.2b in green loans as climate finance race hots up",
      • "link": "https://www.standardmedia.co.ke/business/article/2001518680/kcb-clocks-sh53-2b-in-green-loans-as-climate-finance-race-hots-up",
      • "keywords": null,
      • -
        "creator": [
        • "Standard Business"
        ],
      • "description": "Banks are racing to increase the amount of loans advanced to environmentally friendly projects to combat the effects of climate change.",
      • "content": "KCB Group more than doubled green loans disbursed in 2024, emerging among the front runners in the race among banks to green up their loan portfolios. The lender advanced Sh53.2 billion in the period to December 2024 to different customers undertaking diverse projects, up from Sh22.1 billion in 2023, a growth of 140 per cent. Banks are racing to increase the amount of loans advanced to environmentally friendly projects as Kenya and the world battle to minimise the impact of climate change by increasingly financing less harmful projects. “During the year, we disbursed green loans worth Sh53.2 billion,” said the bank in its integrated annual report for the financial year to December 2024. “This reflects our strong commitment to integrating sustainability into our core lending practices, enhancing our role in promoting sustainable investments... As part of accelerating its climate commitment and increasing climate flows, KCB has committed to directing 25 per cent of the total loan portfolio to green investments by 2025.” The Central Bank of Kenya (CBK) in April directed banks to start disclosing their exposure to climate-related risks emanating from projects and companies that they finance. KCB Group has, over the last three years advanced Sh96.5 billion to its customers undertaking climate-friendly projects such as e-mobility, climate change adaptation and mitigation, energy efficiency and renewable energy. The bank said it is expanding its green portfolio through partnerships and has a target of net-zero emissions by 2050. “We are committed to driving sustainable development through our proactive approach to green finance. As we navigate the evolving landscape of environmental responsibility, we take pride in our initiatives aimed at fostering sustainable practices across various sectors,” said the lender. Among the leading sectors in the uptake of green finance are manufacturing and agriculture, building and construction, and solar and energy efficiency. “Our investment in green finance has significantly benefitted customers in the manufacturing and agriculture sectors, enabling businesses to adopt sustainable practices and reduce environmental footprints,” said the bank. It added that in building and construction, it has been financing projects that promote sustainable infrastructure development, including energy-efficient buildings and sustainable construction practices. To concretise its plans to increase disbursement of green loans to the building construction sector, KCB Group in 2024 hired a Head of Sustainable Finance within its Corporate Banking segment and Mortgage Division. It said this would “further augment the entrenching of sustainable financing within our lending portfolio as well as commercialise products and services in the sustainability space, such as renewable energy, green buildings, energy efficiency, affordable housing and sustainable water usage.” “The transition to renewable energy is critical in combating climate change. KCB has prioritised financing for solar energy projects and the use of energy-efficient materials, empowering businesses to contribute to a greener future,” said the lender. Stay informed. Subscribe to our newsletter Additionally, KCB Kenya said it had secured approval for Project Preparatory Facility funding from the United Nations Green Climate Fund. “The funding is vital for empowering MSMEs (Micro, Small, and Medium Enterprises) to adopt sustainable practices and technologies that contribute to climate resilience. The approval places the Bank on a path to tap into project funding worth $118.25 million (Sh15.2 billion) to support lending to MSMEs offering climate-smart solutions,” said KCB in the report. The bank further said it screened loans worth Sh513 billion in 2024, which is aimed at determining the impact that projects being funded by the bank have on the environment. Such screening looks to enable the bank to integrate environmental and social considerations into our lending process. Using the Environmental and Social Due Diligence (ESDD) tool, the bank has been able to categorise and identify environmental and social risks associated with the projects it finances. “The ESDD tool has proven to be an invaluable resource for KCB, enhancing the banking subsidiaries’ abilities to evaluate project risks effectively. By utilising this tool, we ensure that all facilities meet the highest standards of sustainability, reinforcing our leadership in sustainable finance,” said KCB. “Most of the projects assessed have been categorised as Category B (medium impact), indicating a moderate level of environmental and social risks.” Aside from disbursing loans for projects that are less harmful to the environment or aimed at playing a part in revitalising degraded areas, the bank says it is growing internal capacity for employees to understand different aspects that come with green finance. “In 2024, 86 per cent of KCB Group staff successfully completed an e-learning course on green lending, a critical milestone that underscores the Bank’s unwavering commitment to sustainability and environmentally responsible financial practices,” said KCB. Kenyan banks are increasingly coming under pressure for clear disclosure of financing to projects that could be harmful to the environment following the Central Bank’s April issuance of the Kenya Green Finance Taxonomy (KGFT), which guides banks on disclosing their exposure to climate-related risks. CBK gave banks 18 months to put in place mechanisms to clearly disclose the impact that projects they finance have on the environment.",
      • "pubDate": "2025-05-10 21:00:00",
      • "pubDateTZ": "UTC",
      • "image_url": "https://cdn.standardmedia.co.ke/images/wysiwyg/images/qL9BpF5qQkUTKbCxSbaEaNR1819iawwpePYqn5KL.jpg",
      • "video_url": null,
      • "source_id": "standardmedia",
      • "source_name": "The Standard",
      • "source_priority": 24003,
      • "source_url": "https://www.standardmedia.co.ke",
      • "source_icon": "https://i.bytvi.com/domain_icons/standardmedia.jpg",
      • "language": "english",
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        "country": [
        • "kenya"
        ],
      • -
        "category": [
        • "business"
        ],
      • "sentiment": "positive",
      • -
        "sentiment_stats": {},
      • -
        "ai_tag": [
        • "renewable energy",
        • "energy"
        ],
      • "ai_region": null,
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        "ai_org": [
        • "kcb"
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      • "duplicate": false
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      {},
    • -
      {
      • "article_id": "b8ce3dd67a9071a6ac060d60256a364e",
      • "title": "Safaricom profit jumps 7.2pc as total earnings now hit Sh388.7b",
      • "link": "https://www.standardmedia.co.ke/business/article/2001518668/safaricom-profit-jumps-7-2pc-as-total-earnings-now-hit-sh388-7b",
      • "keywords": null,
      • -
        "creator": [
        • "Standard Business"
        ],
      • "description": "The Group's full-year net profit rose to Sh45.7 billion, with the Kenyan business booking a Sh95.4 billion profit.The Ethiopian unit, however, saw its loss widen to Sh49.8 billion.",
      • "content": "From Left: Safaricom PLC Chief Finance Officer- Dilip Pal, Board Chairman Adil Khawaja, Safaricom CEO Dr. Peter Ndegwa and Safaricom Telecommunications Ethiopia (CEO) Wim Vanhelleputte during release of Safaricom 2024/25 Full Year Results at Michael Joseph Centre in Nairobi. [Wilberforce Okwiri,Standard] Safaricom posted an overall 7.27 per cent growth in profit after tax for the year to March 31, 2025, to Sh45.76 billion, up from Sh42.7 billion previously. The profit jump was boosted by strong performance in Kenya, where profit grew by 14.88 per cent to Sh95.47 billion from Sh82.65 billion previously, pushing total revenues up to Sh388.7 billion from Sh349 billion reported last year, which, when converted to US dollars, reached $3 billion, a first in the region, according to the telco. This is even as the telecommunications firm said it plans to introduce its overdraft facility, Fuliza, in Ethiopia, where its M-Pesa customers grew to 2.4 million as of March this year. Safaricom reported that its Ethiopia unit, still in its formative stages, contributed 10 per cent to total revenues despite posting a net loss of Sh49.77 billion as operating costs increased to Sh36.2 billion. The company, however, said the business has moved past the peak investment phase and is expected to turn to profitability by the 2027 financial year. Safaricom also said that its board had recommended a final dividend of Sh0.65 per ordinary share, which is subject to shareholders at its Annual General Meeting in July this year. The final dividend, which is in addition to an interim dividend of Sh0.55, will bring the total dividend to Sh1.20 per share for the year. Total dividend payout will be Sh48.08 billion. The telco said it maintained its dividend payout policy over the past three years despite heavy investments in Ethiopia as well as the depreciation of the birr following foreign exchange reforms. “Our dividend is similar to last year’s despite the Birr depreciation impact in Ethiopia, which depicts resilient performance for the Group. This was supported by great strategy execution and a resilient economy despite the headwinds faced in the year,” said Chief Executive Peter Ndegwa when the company announced its financial results in Nairobi yesterday. Chief Finance Officer Dilip Pal said the telco would, in the coming weeks, introduce its hugely successful Fuliza in Ethiopia. The product allows customers to complete transactions, including sending money, paying for goods, and even withdrawals when they do not have adequate funds in their wallets. The money is then recovered as a first charge when they top up or receive money on M-Pesa, and last year recorded repayment rates of over 101.5 per cent. Over the last financial year, M-Pesa continued to grow its contribution to the company’s topline, accounting for 41.4 per cent of the revenue in the year to March this year. M-Pesa revenue grew by 15.2 per cent year on year to Sh161.1 billion, which Safaricom said was on account of increased usage and growth in chargeable transactions. M-Pesa’s average revenue per user rose by 9.4 per cent to Sh395.22. One-month active customers grew by 10.5 per cent to 35.82 million, while the M-Pesa agent network expanded 14.1 per cent to 298,890. Stay informed. Subscribe to our newsletter Voice revenue, which was the mainstay for Safaricom in its early years but has since been overtaken by M-Pesa, grew 1.6 per cent to Sh80.78 billion. Mobile data revenue grew 15.2 per cent to Sh72.86 billion on increased data usage per chargeable subscriber. Mobile Data ARPU grew by 10.1 per cent Sh267.11. Fixed service and wholesale transit revenue recorded a growth of 12.9 per cent to Sh17.07 billion. Safaricom Ethiopia generated Sh8.90 billion in service revenue, supported by accelerated growth in customers. The firm more than doubled the customer base to 8.8 million with over 3,141 sites in operation in the country where it started operations in 2022.",
      • "pubDate": "2025-05-10 12:19:53",
      • "pubDateTZ": "UTC",
      • "image_url": "https://cdn.standardmedia.co.ke/images/wysiwyg/images/4VBqw1hzNQ5qqCmrmXNxs0cT1b48I7HaFPzP8rjA.jpg",
      • "video_url": null,
      • "source_id": "standardmedia",
      • "source_name": "The Standard",
      • "source_priority": 24003,
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      • "language": "english",
      • -
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        • "business"
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      • "sentiment": "positive",
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        "ai_tag": [
        • "corporate news",
        • "financial markets"
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      • "ai_region": null,
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        • "safaricom"
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      • "duplicate": false
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    • -
      {
      • "article_id": "0df7a64d71f5d004f47b4303ad49260b",
      • "title": "Trump proposes 80% China tariff ahead of trade talks",
      • "link": "https://www.capitalfm.co.ke/business/2025/05/trump-proposes-80-china-tariff-ahead-of-trade-talks/",
      • -
        "keywords": [
        • "trump",
        • "china tariff",
        • "ahead of trade talks",
        • "proposes",
        • "lifestyle",
        • "world"
        ],
      • -
        "creator": [
        • "CONTRIBUTOR"
        ],
      • "description": "MAY 10 – US President Donald Trump has proposed cutting tariffs on goods from China, in his latest comment to signal interest in de-escalating the trade war between the world’s two biggest economies. “80% Tariff on China seems right,” Trump wrote on social media on Friday, ahead of trade talks between the two countries in [...]",
      • "content": "MAY 10 – US President Donald Trump has proposed cutting tariffs on goods from China, in his latest comment to signal interest in de-escalating the trade war between the world’s two biggest economies.“80% Tariff on China seems right,” Trump wrote on social media on Friday, ahead of trade talks between the two countries in Switzerland.China’s Vice Foreign Minister Hua Chunying also struck a confident note ahead of the meetings, saying Beijing had “full confidence” in its ability to manage trade issues with the US.Since returning to the White House, Trump has hit Chinese imports with 145% tariffs and China has retaliated with levies of 125% on some US goods, driving down trade between the two nations.On Friday, official figures for April showed China’s exports to the US fell by more than 20% compared to a year earlier. But at the same time its total exports rose by a better-than-expected 8.1%.Officials in both Washington and Beijing are “under growing economic pressure”, Dan Wang from political risk consultancy Eurasia Group told the BBC.“The recent signals from both sides suggest a transactional de-escalation is on the table”, she added.The announcement earlier this week of the talks was welcomed as an important first step towards easing tensions but analysts have warned that this marks the start of what are likely to be lengthy negotiations.“The systemic frictions between the US and China will not be resolved any time soon,” said former US trade negotiator, Stephen Olson.Any cuts to tariffs as a result of this meeting are likely to be “minor”, he added.The initial negotiations will be led by US Treasury Secretary Scott Bessent and China’s Vice Premier and economic tsar He Lifeng.But “I think everyone recognises that any final deal will require the active engagement of both presidents,” Mr Olson said.Another trade expert said that even if the new tariffs imposed by Trump were lifted, the two countries would still have major issues to overcome.“A realistic goal is probably at best a pullback from the sky-high bilateral tariffs but that would still leave in place high tariff barriers and various other restrictions”, the former head of the International Monetary Fund’s (IMF) China division, Eswar Prasad told BBC News.1:29Watch: US and China are ready to talk tariffs – who will blink first?On social media on Friday, Trump called on China to “open up its market” to the US. He said any tariff reduction would be “up to Scott B”.In earlier remarks on Thursday, he had said he expected a “very friendly” meeting.The talks between China and the US are set to take place just two days after the UK became the first country to strike a tariffs deal with the Trump administration.The US agreed to reduce import taxes on a set number of British cars and allow some steel and aluminium into the country tariff-free, in exchange for new access to US beef and other exports, according to an outline of the new agreement.Countries around the world are scrambling to make similar deals before steep US import taxes are due to take effect next month.Trump announced what he called “reciprocal tariffs” on dozens of countries in April but paused them shortly afterwards for 90 days to give their governments time to negotiate with his administration.Businesses based in the US will also be watching events in Switzerland closely.Wild Rye, a women’s outdoor clothing firm based in the state of Idaho, has manufacturing stations in China and has been severely affected by the tariffs.The cost of shipping goods has jumped significantly, the firm’s chief executive, Cassie Abel, told the BBC’s Today programme.“We have a purchase order that’s incoming, which is around $700,000 [of goods] that’s now costing £1.2m in levies up from £200,000,” she said.Ms Abel added she was now looking to sell parts of her business to try to raise cash.By BBC",
      • "pubDate": "2025-05-10 11:31:35",
      • "pubDateTZ": "UTC",
      • "image_url": "https://www.capitalfm.co.ke/business/files/2024/05/6656afa2a31082fc2b6ee286-e1717053229680.jpeg",
      • "video_url": null,
      • "source_id": "capitalfm",
      • "source_name": "Capital News",
      • "source_priority": 143748,
      • "source_url": "https://www.capitalfm.co.ke/news",
      • "source_icon": "https://i.bytvi.com/domain_icons/capitalfm.png",
      • "language": "english",
      • -
        "country": [
        • "kenya"
        ],
      • -
        "category": [
        • "business"
        ],
      • "sentiment": "neutral",
      • -
        "sentiment_stats": {},
      • -
        "ai_tag": [
        • "international trade"
        ],
      • -
        "ai_region": [
        • "china,maine,united states of america,north america",
        • "china,texas,united states of america,north america",
        • "united states of america,north america"
        ],
      • -
        "ai_org": [
        • "trump"
        ],
      • "duplicate": true
      },
    • -
      {
      • "article_id": "a0b809e57a40b8000c263651581d668b",
      • "title": "Kenya leases 4 state-owned sugar mills",
      • "link": "https://www.capitalfm.co.ke/business/2025/05/kenya-leases-4-state-owned-sugar-mills/",
      • -
        "keywords": [
        • "top story",
        • "kenya",
        • "4 state-owned sugar mills",
        • "leases",
        • "featured",
        • "agriculture"
        ],
      • -
        "creator": [
        • "CORRESPONDENT"
        ],
      • "description": "NAIROBI, Kenya, May 10 – The government has finalized the leasing of four state-owned sugar factories to private millers in a bid to revive the ailing sugar industry. The Ministry of Agriculture and Livestock Development has signed agreements with sugarcane farmers and workers’ unions to settle arrears ahead of the handover. The four mills, Nzoia, [...]",
      • "content": "NAIROBI, Kenya, May 10 – The government has finalized the leasing of four state-owned sugar factories to private millers in a bid to revive the ailing sugar industry. Click here to connect with us on WhatsApp The Ministry of Agriculture and Livestock Development has signed agreements with sugarcane farmers and workers’ unions to settle arrears ahead of the handover. The four mills, Nzoia, Chemelil, Sony, and Muhoroni, will be leased for 30 years to West Kenya Sugar Company, Kibos Sugar & Allied Industries, Busia Sugar Industry, and West Valley Sugar Company, respectively. The government pledged to clear Sh500 million owed to farmers for cane delivered since 2024, with payment due in July 2025. This is in addition to Sh1.7 billion paid to farmers last year. For workers, Sh600 million was paid in 2024 out of Sh5.3 billion owed. The debt has since risen to an estimated Sh5.6 billion. Under a Memorandum of Understanding signed with the Kenya Union of Sugar Plantation and Allied Workers (KUSPAW), the government will pay Sh1 billion upon lease takeover in May 2025, and release Sh1.5 billion in July 2025 for salary payments. A 12-month transition period will allow the lessees to determine workforce requirements, while the government retains responsibility for all unpaid salary arrears, pensions, and statutory contributions up to the handover date. The leasing model follows extensive consultations with stakeholders, including MPs, governors, and sugarcane farmers, and was approved by the Cabinet and Parliament. The decision replaces an earlier privatization plan approved in 2015. In 2023, Parliament endorsed the leasing framework after nationwide public participation. Legal challenges against the process were also dismissed, with the High Court affirming that the Public Private Partnership Act, not the Privatization Act, governed the leasing process. The Ministry emphasized that all land and assets will remain public and that leases will be renewed annually at market rates. Proceeds from the leases will be managed by the Kenya Sugar Board for reinvestment in local communities and cane development. “The negotiated terms represent the best outcome for a sustainable sugar industry,” said Cabinet Secretary for Agriculture and Livestock Development Sen. Mutahi Kagwe. “We urge all stakeholders to support this transformation.”",
      • "pubDate": "2025-05-10 11:26:23",
      • "pubDateTZ": "UTC",
      • "image_url": "https://www.capitalfm.co.ke/business/files/2023/03/MUMIAS-SUGAR.jpg",
      • "video_url": null,
      • "source_id": "capitalfm",
      • "source_name": "Capital News",
      • "source_priority": 143748,
      • "source_url": "https://www.capitalfm.co.ke/news",
      • "source_icon": "https://i.bytvi.com/domain_icons/capitalfm.png",
      • "language": "english",
      • -
        "country": [
        • "kenya"
        ],
      • -
        "category": [
        • "business"
        ],
      • "sentiment": "neutral",
      • -
        "sentiment_stats": {},
      • -
        "ai_tag": [
        • "fmcg"
        ],
      • -
        "ai_region": [
        • "nairobi,nairobi city,kenya,africa",
        • "kenya,karnataka,india,asia"
        ],
      • "ai_org": null,
      • "duplicate": false
      },
    • -
      {
      • "article_id": "77764d46401201529334a2ee3b95e0ee",
      • "title": "Proposed taxes to hit smallholder farmers hard, lobby warns",
      • "link": "https://www.standardmedia.co.ke/business/article/2001518662/proposed-taxes-to-hit-smallholder-farmers-hard-lobby-warns",
      • "keywords": null,
      • -
        "creator": [
        • "Standard Business"
        ],
      • "description": "KENAFF has raised the alarm over several proposals in the Finance Bill, 2025, warning that the changes could cripple smallholder farmers and undo recent gains in the agricultural sector.",
      • "content": "The National Treasury and Economic Planning Cabinet SecretaryJohn Mbadi during the launch of Economic Survey 2025 when it was revealed that the economy had registered 4.7 growth at the Kenyatta Convention Center, Nairobi on May 6th, 2025. [Standard, Kanyiri Wahito] The Kenya National Farmers’ Federation (KENAFF) has raised the alarm over several proposals in the Finance Bill, 2025, warning that the changes could cripple smallholder farmers and undo recent gains in the agricultural sector. In a strongly worded statement issued on Wednesday at the Farmers’ Conference Centre at Thogoto, Kiambu County, KENAFF National Board Chairman Kaburu M’Ribu urged the government to urgently reconsider tax proposals that threaten the cost of food production and the livelihoods of millions of Kenyan farmers. The top concern is the proposed removal of VAT exemptions on key agricultural inputs—such as fertilisers, seeds, and pesticides—which are now set to attract a 16 per cent tax. “This move risks increasing the cost of production at a time when farmers are already grappling with climate shocks, declining yields, and rising input prices,” Prof Kaburu said. Fuel prices are also in the spotlight, with excise duty proposed to rise from Sh21.95 to Sh24.95 per litre. KENAFF argues this will directly inflate transport costs, making farm operations and market access even more expensive, especially for small-scale producers in remote areas. The lobby also flagged the reclassification of fertilisers and pest control products from zero-rated to VAT-exempt. While this might sound harmless, Prof Kaburu warned, it prevents suppliers from claiming input tax, a hidden cost passed on to farmers. “From increased freight tax on imported inputs to punitive levies on packaging materials for value-added products like tea, the cumulative effect is a blow to both local production and export competitiveness,” he said. While acknowledging the government’s allocation of Sh77.7 billion to the agriculture sector and Sh10 billion towards the fertiliser subsidy programme, KENAFF insists that such investments risk being undermined if the Finance Bill proceeds in its current form. Beyond taxation, KENAFF is also pushing for structural reforms in Kenya’s agricultural markets, which it says remain fragmented and dominated by middlemen. “The market is tilted in favour of large-scale, well-financed players while smallholder farmers are stuck in informal, low-return supply chains,” Prof Kaburu said. The lobby also called for a national inclusive agricultural market policy to address issues such as price volatility, lack of market infrastructure, and weak farmer bargaining power.",
      • "pubDate": "2025-05-10 10:37:06",
      • "pubDateTZ": "UTC",
      • "image_url": "https://cdn.standardmedia.co.ke/images/wysiwyg/images/hqdYLJVMEbpgNSTktNNO7NBmoEH66LM6wKmjc6TK.jpg",
      • "video_url": null,
      • "source_id": "standardmedia",
      • "source_name": "The Standard",
      • "source_priority": 24003,
      • "source_url": "https://www.standardmedia.co.ke",
      • "source_icon": "https://i.bytvi.com/domain_icons/standardmedia.jpg",
      • "language": "english",
      • -
        "country": [
        • "kenya"
        ],
      • -
        "category": [
        • "business"
        ],
      • "sentiment": "negative",
      • -
        "sentiment_stats": {},
      • -
        "ai_tag": [
        • "economy"
        ],
      • "ai_region": null,
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        "ai_org": [
        • "kenaff"
        ],
      • "duplicate": false
      },
    • -
      {
      • "article_id": "facdad03bdfd976799850c5d3ecca561",
      • "title": "Huawei hosts roundtable on solar, grid resilience in Kenya",
      • "link": "https://www.capitalfm.co.ke/business/2025/05/huawei-hosts-roundtable-on-solar-grid-resilience-in-kenya/",
      • -
        "keywords": [
        • "kenya"
        ],
      • -
        "creator": [
        • "CORRESPONDENT"
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      • "description": "NAIROBI, Kenya, May 10 – Huawei Eastern Africa on Friday hosted a high-level roundtable to explore how advanced solar and energy storage technologies can accelerate Kenya’s clean energy transition and enhance grid resilience. Held under the theme “Utility PV and Battery Energy Storage Systems: Energy Storage Integration for Kenya’s Grid Resilience & Energy Transition”, the event [...]",
      • "content": "NAIROBI, Kenya, May 10 – Huawei Eastern Africa on Friday hosted a high-level roundtable to explore how advanced solar and energy storage technologies can accelerate Kenya’s clean energy transition and enhance grid resilience. Click here to connect with us on WhatsApp Held under the theme “Utility PV and Battery Energy Storage Systems: Energy Storage Integration for Kenya’s Grid Resilience & Energy Transition”, the event brought together key stakeholders from KPLC, EPRA, KETRACO, and KENGEN. Discussions focused on the integration of Battery Energy Storage Systems (BESS), smart grids, and grid-forming technologies to support Kenya’s goal of achieving 100 percent renewable energy by 2030 and carbon neutrality by 2050. “Kenya’s expanding solar capacity demands innovative storage solutions to stabilize the grid and ensure uninterrupted clean energy access,” Huawei representatives said. Participants underscored the role of BESS in mitigating intermittency of solar power, improving reliability, and expanding rural electrification through minigrids and off-grid solutions. They also highlighted the importance of local skills development and supportive policy frameworks, such as VAT reductions and investment incentives, to drive sector growth. Huawei reiterated its commitment to supporting Kenya’s energy ambitions through cutting-edge BESS, AI-powered grid management, and rural electrification technologies.",
      • "pubDate": "2025-05-10 08:42:15",
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      • "title": "Mexico sues Google over ‘Gulf of America’ name change",
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      • "description": "MAY 10 – Mexico is suing Google for ignoring repeated requests not to call the Gulf of Mexico the Gulf of America on Google Maps for US users, President Claudia Sheinbaum says. She did not say where the lawsuit had been filed. Google did not respond to the BBC’s request for comment. On Thursday, the [...]",
      • "content": "MAY 10 – Mexico is suing Google for ignoring repeated requests not to call the Gulf of Mexico the Gulf of America on Google Maps for US users, President Claudia Sheinbaum says. Click here to connect with us on WhatsApp She did not say where the lawsuit had been filed. Google did not respond to the BBC’s request for comment. On Thursday, the Republican-led House of Representatives voted to officially rename the Gulf for federal agencies. President Donald Trump signed an executive order on his first day in office in January. He argued the change was justified because the US “do most of the work there, and it’s ours”. However Sheinbaum’s government contends that Trump’s order applies only to the US portion of the continental shelf. “All we want is for the decree issued by the US government to be complied with,” she said, asserting that the US lacks the authority to rename the entire gulf. In January, Sheinbaum wrote a letter to Google asking the firm to reconsider its decision to rename the Gulf of Mexico for US users. The following month, she threatened legal action. At the time, Google said it made the change as part of “a longstanding practice” of following name changes when updated by official government sources. It said the Gulf – which is bordered by the US, Cuba and Mexico – would not be changed for people using the app in Mexico, and users elsewhere in the world will see the label: “Gulf of Mexico (Gulf of America)”. The Associated Press (AP) news agency’s refusal to start referring to the Gulf of America led to a months-long conflict with the White House, which restricted AP’s access to certain events. A federal judge ordered the White House in April to stop sidelining the outlet. Trump hinted Wednesday that he may recommend changing the way the US refers to another body of water. During an upcoming visit to Saudi Arabia, he plans to announce that the US will henceforth refer to the Persian Gulf as the Arabian Gulf or the Gulf of Arabia, AP reported. Iranian Foreign Minister Abbas Araqchi has responded by saying he hopes the “absurd rumours” are “no more than a disinformation campaign” and such a move would “bring the wrath of all Iranians”. By BBC",
      • "pubDate": "2025-05-10 06:11:29",
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      • "article_id": "c964bff0069f2313cad030d253832afc",
      • "title": "Youth, small enterprises push for policy shift to spur growth",
      • "link": "https://www.capitalfm.co.ke/business/2025/05/youth-small-enterprises-push-for-policy-shift-to-spur-growth/",
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      • "description": "NAIROBI, Kenya, May 9 — The Micro and Small Enterprises Authority (MSEA), in partnership with SNV Netherlands Development Organisation, has wrapped up a three-county policy awareness campaign aimed at equipping youth and small businesses with knowledge of new legislative proposals meant to improve the business environment. The initiative, under the Investing in Young Businesses in [...]",
      • "content": "NAIROBI, Kenya, May 9 — The Micro and Small Enterprises Authority (MSEA), in partnership with SNV Netherlands Development Organisation, has wrapped up a three-county policy awareness campaign aimed at equipping youth and small businesses with knowledge of new legislative proposals meant to improve the business environment. Click here to connect with us on WhatsApp The initiative, under the Investing in Young Businesses in Africa (IYBA) – SEED project, targeted Micro, Small and Medium Enterprises (MSMEs) in Uasin Gishu, Kisumu, and Nakuru counties. Key focus areas included the Draft MSME Policy 2025 and the MSME Amendment Bill 2025, which seek to enhance enterprise formalization, improve coordination of support services, and drive sustainable economic growth. MSEA’s Senior Assistant Director for Manufacturing and Agribusiness, Tabitha Gicheru, said the draft policy is structured to support entrepreneurs in four core sectors — trade, manufacturing, services, and agribusiness — through infrastructure development, trade fairs, financing, and formal registration. “The Draft MSME Policy 2025 is a strategic blueprint aimed at fostering an integrated and enabling business environment. It empowers entrepreneurs with the tools and knowledge to drive productivity, competitiveness, and job creation,” she said. SNV’s Deputy Country Lead Nduta Ndirangu highlighted the IYBA–SEED project’s role in addressing structural challenges faced by youth and women entrepreneurs, including access to finance, policy awareness, and market linkages. The forums drew representatives from various government and private sector agencies, including the Kenya Bureau of Standards (KEBS), Kenya Industrial Estates (KIE), Youth Enterprise Development Fund, Kenya Institute of Business Training (KIBT), Kenya National Chamber of Commerce and Industry (KNCCI), and Kenya Revenue Authority (KRA). MSEA’s regional officials called on youth to actively participate in public reviews of the proposed policies and take advantage of available support programs such as the National Youth Opportunities Transformation Agenda (NYOTA), which offers grants to job-creating enterprises.",
      • "pubDate": "2025-05-09 13:26:47",
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      • "title": "UK to announce fresh sanctions on Putin’s ‘shadow fleet’",
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      • "description": "MAY 9 – A fleet of Russian oil tankers which have been used to avoid existing sanctions on oil and gas exports are set to be hit with new restrictions. Downing Street has said action will be taken against up to 100 vessels which have carried more than £18 billion worth of cargo since the [...]",
      • "content": "MAY 9 – A fleet of Russian oil tankers which have been used to avoid existing sanctions on oil and gas exports are set to be hit with new restrictions. Click here to connect with us on WhatsApp Downing Street has said action will be taken against up to 100 vessels which have carried more than £18 billion worth of cargo since the start of 2024. Sir Keir Starmer is due to make the announcement at a summit of north European leaders known as the Joint Expeditionary Force (JEF) in Oslo, Norway. The PM has vowed the UK will do everything in its power to “destroy” Russian President Vladimir Putin’s “shadow fleet operation, starve his war machine of oil revenues and protect the subsea infrastructure”. Following Russia’s invasion of Ukraine in 2022, many western countries imposed sanctions on Russian energy, by limiting imports and capping the price of its oil. To get round these penalties, Moscow built up what has been referred to as a “shadow fleet” of tankers whose ownership and movements could be obscured. Downing Street has accused the operation of “bankrolling the Kremlin’s illegal war in Ukraine”. The government has referred to the ships as being “decrepit and dangerous” as well as being responsible for “reckless seafaring” . It follows reports of damage to a major undersea cable in the Baltic Sea. Under the measures, the sanctioned tankers will be banned from British ports and risk being detained in UK waters. Starmer said every step that increases pressure on Moscow and works towards peace for Ukraine “is another step towards security and prosperity in the UK”. The JEF consists of ten nations including Denmark, Norway and the Netherlands. Members of the JEF are also expected to announce further support for Ukraine’s war efforts. The UK previously imposed sanctions against 133 “shadow” vessels during a meeting of the JEF in December 2024. By BBC",
      • "pubDate": "2025-05-09 13:25:11",
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      • "title": "Inside the secretive world of Zara",
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      • "description": "MAY 9 – It’s going to be a very sexy summer, a touch of romantic, cowboy and rock and roll. That’s according to Mehdi Sousanne, at least. And he should know. He’s a designer for Zara who helps create the clothes for a brand that’s one of the most successful stories in High Street fashion. [...]",
      • "content": "MAY 9 – It’s going to be a very sexy summer, a touch of romantic, cowboy and rock and roll.That’s according to Mehdi Sousanne, at least. And he should know. He’s a designer for Zara who helps create the clothes for a brand that’s one of the most successful stories in High Street fashion.Zara is owned by Inditex, the world’s biggest fashion retailer, which runs a string of store chains including Massimo Dutti and Pull & Bear.It relies on 1,800 suppliers across the world, but nearly all the clothes are brought to Spain where the company is based, to be despatched to stores in 97 countries.Zara doesn’t advertise and rarely gives interviews. But as it marks 50 years since the opening of its first store, I’ve come to its vast campus in Galicia to meet the boss and workers for a rare glimpse into how the secretive brand operates.It’s a time when the company finds itself having to navigate fast-changing markets, with growing competition from ultra-cheap online players Shein and Temu, who ship their goods direct from China, as well as uncertainty surrounding US tariffs.But Oscar Garcia Maceiras, Inditex’s CEO, says US President Donald Trump’s tariffs won’t disrupt its supply chains or change Zara’s plans to expand further in the US, now its second biggest market.“Bear in mind that for us, diversification is key. We are producing in almost 50 different markets with non-exclusive suppliers so we are more than used to adapt ourselves to change,” he tells me.Designer Mehdi Sousanne has worked for Zara for 11 yearsThe business has certainly adapted and grown since its first store opened a short drive away in the town of A Coruna.It now has 350 designers, with the staff coming from some 40 different countries.“There are no rules in general. It’s all about feelings,” says Mehdi, who works on delivering the key pieces for the season.He says inspiration can come from anyone ranging from the “street” to the cinema as well as the catwalks. He likes to sketch his ideas once an all-important mood board has been created.Listen as the BBC goes behind the scenes at Zara’s headquartersIn the pattern cutting room, the designs are turned into paper samples, and are pinned on to mannequins. Dozens of seamstresses then run up the first fabric samples on the spot for a first fitting.Pattern maker Mar Marcote has been with the business 42 years and still uses a magnifying glass to examine each item of clothing before it finally goes into production.“When you finish the item and see that it looks good, and then sometimes sells out, it’s marvellous,” she says.Mar Marcote says she takes great pride in her workZara is a business that has changed the way we shop.In the old days, retailers released just two main collections a year, Spring/Summer and Autumn/Winter. For decades, most chains have outsourced manufacturing to lower-cost factories in the far east with the clothes arriving up to six months later.Zara went against conventional wisdom by sourcing a lot of its clothes closer to home and changing products much more frequently. That meant it could respond much faster to the latest trends and drop new items into stores every week.Just over half of its clothes are made in Spain, Portugal, Morocco and Turkey. There’s a factory doing small production runs on site at HQ, with another seven nearby, which it also owns.As a result, it can turn around products in a matter of weeks.Inspiration for Zara’s clothes can come from anywhereMore basic fashion staples are produced with longer lead times in countries like Vietnam and Bangladesh.Logistics and data are other factors behind its success. Every piece of clothing is packaged and despatched from its distribution centres in Spain, as well as one in the Netherlands.“What is absolutely critical is the level of accuracy,” says CEO Mr Maceiras.“It’s something that allows us to make the right decision in the last possible minute, in order to assess properly the appetite from our customers, in order to adapt our fashion proposition to the profile of our customers in different locations.”In other words, getting the right products to the right shops.At HQ, product managers then receive real-time data on how clothes are selling in stores worldwide, and – crucially – feedback from customers, which is then shared with designers and buyers, who can adjust the ranges along the season according to demand.Unlike some other High Street rivals, it only discounts when it stages its twice-yearly sales.Zara’s boss says quality, creativity and sustainability are at the heart of the brand’s offeringBut is Zara starting to lose its shine after posting slower sales growth at the start of this year?“The key challenge for Inditex is continuing to be relevant in a fashion world that continues to get faster and cheaper,” says William Woods, European retail analyst for Bernstein.Not only are mainstream rivals like H&M, Mango and Uniqlo trying to catch up, the market has been disrupted by Shein and Temu.Shein racked up $38bn in global sales last year, just a whisker behind Inditex.Asked how much of a threat Shein and Temu’s success poses to Zara, Mr Maceiras stresses that its business model doesn’t rely on price.“Of course, we are looking at providing our customers our products at an affordable price. But for us, it’s critical to provide customers fashion that should be inspirational, with quality, creativity and sustainable.”Zara has come a long way since its founder Amancio Ortega started the business.The company is still majority-owned by his family and his daughter Marta is now chairwoman of the group.Now aged 89, Mr Ortega remains famously reclusive but still pops in, according to Mr Maceiras.“He’s a presence, a physical or moral presence, absolutely every day.”By BBC",
      • "pubDate": "2025-05-09 10:29:04",
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      • "title": "Trump hints tariffs on China may drop as talks set to begin",
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      • "description": "MAY 9 – US President Donald Trump has hinted that US tariffs on goods from China may come down as top trade officials from the world’s two biggest economies are set to hold talks. “You can’t get any higher. It’s at 145, so we know it’s coming down,” he said, referring to the new import [...]",
      • "content": "MAY 9 – US President Donald Trump has hinted that US tariffs on goods from China may come down as top trade officials from the world’s two biggest economies are set to hold talks. Click here to connect with us on WhatsApp “You can’t get any higher. It’s at 145, so we know it’s coming down,” he said, referring to the new import taxes of up to 145% imposed on China since he returned to the White House. Trump made the comments during an event to unveil a tariffs deal with the UK – the first such agreement since he hit countries around the world with steep levies in April. The meeting in Switzerland this weekend is the strongest signal yet that the two sides are ready to deescalate a trade war that has sent shockwaves through financial markets. “I think it’s a very friendly meeting. They look forward to doing it in an elegant way,” Trump said of the talks with China. China’s Vice Foreign Minister Hua Chunying also struck a confident note ahead of the talks, saying Beijing has “full confidence” in its ability to manage trade issues with the US. Officials in both Washington and Beijing are “under growing economic pressure”, Dan Wang from political risk consultancy Eurasia Group told the BBC. “The recent signals from both sides suggest a transactional de-escalation is on the table”, she added. The announcement earlier this week of the talks was welcomed as an important first step towards easing tensions but analysts have warned that this marks the start of what are likely to be lengthy negotiations. “The systemic frictions between the US and China will not be resolved any time soon,” said former US trade negotiator, Stephen Olson. Any cuts to tariffs as a result of this meeting are likely to be “minor”, he added. The initial negotiations will be led by US Treasury Secretary Scott Bessent and China’s Vice Premier and economic tsar He Lifeng. But “I think everyone recognises that any final deal will require the active engagement of both presidents,” Mr Olson said. Another trade expert said that even if the new tariffs imposed by Trump were lifted, the two countries would still have major issues to overcome. “A realistic goal is probably at best a pullback from the sky-high bilateral tariffs but that would still leave in place high tariff barriers and various other restrictions”, the former head of the International Monetary Fund’s (IMF) China division, Eswar Prasad told BBC News. On Friday, official figures for April showed China’s exports to the US fell by more than 20% compared to a year earlier. But at the same time its total exports rose by a better-than-expected 8.1%. 1:29 Watch: US and China are ready to talk tariffs – who will blink first? The talks between China and the US are set to take place just two days after the UK became the first country to strike a tariffs deal with the Trump administration. The US has agreed to reduce import taxes on a set number of British cars and allow some steel and aluminium into the country tariff-free, as part of a new agreement. It also offers relief for other key UK industries from some of the new tariffs announced by Trump since his inauguration in January. Countries around the world are scrambling to make similar deals before steep US import taxes are due to take effect next month. Trump announced what he called “reciprocal tariffs” on dozens of countries in April but paused them shortly afterwards for 90 days to give their governments time to negotiate with his administration. By BBC",
      • "pubDate": "2025-05-09 08:23:28",
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      • "article_id": "a2e0b180dcc26448323e26390f9582e6",
      • "title": "Safaricom net income jumps 10.8pc to Sh69.8bn, first in East and Central Africa",
      • "link": "https://www.standardmedia.co.ke/business/article/2001518563/safaricom-net-income-jumps-10-8pc-to-sh69-8bn-first-in-east-and-central-africa",
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      • "description": "Safaricom has reported a 10.8 per cent rise in net income to Sh69.8 billion for the year ending Monday, March 31, as total revenue surged past $3 billion.",
      • "content": "Safaricom has reported a 10.8 per cent rise in net income to Sh69.8 billion for the year ending Monday, March 31, as total revenue surged past $3 billion (Sh390 billion) — the first time any company has hit that level in East and Central Africa. The company said the growth was driven by innovation across products, expansion in Ethiopia and Sh18 billion invested in community projects over five years. Safaricom will pay Sh48.08 billion in dividends, adding a final dividend of 65 cents per share to the interim payout of 55 cents. “We have delivered excellent group performance with double-digit growth on both top and bottom line,” said Chief Executive Officer Peter Ndegwa. “This strong set of results reflects the dedication of our teams, the loyalty of our customers and the strength of our strategy,” he added. Earnings before interest and taxes jumped 29.5 per cent to Sh104.1 billion. Ethiopia now brings in nearly 10 per cent of total revenue, with management saying the business has moved beyond peak investment and aims for profitability by 2027. Safaricom Ethiopia has more than doubled its customer base to 8.8 million, with 2.8 million using M-PESA services, transacting Sh20.6 billion over the period. In Kenya, service revenue rose 10.5 per cent to Sh364.3 billion. M-PESA, which turned eighteen last year, delivered Sh161 billion or 44.2 per cent of local service revenue, boosted by moves into wealth management and credit. Mobile data revenue grew 15.2 per cent to Sh72.9 billion, while voice revenue rose 1.6 per cent to Sh80.8 billion. “This year’s results are more than a reflection of past performance; they are a foundation for our vision of becoming Africa’s leading purpose-led tech company by 2030,” Ndegwa explained. “We are entering a new phase of growth, and we will continue harnessing innovation for social good and shaping the future of Kenya, Ethiopia and beyond,” he said.",
      • "pubDate": "2025-05-09 08:21:18",
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      • "article_id": "e6552174c613b5efaa956b8a8cab7e58",
      • "title": "Safaricom net profit jumps 10.8pc to sh69.8bn, first in East and Central Africa",
      • "link": "https://www.standardmedia.co.ke/business/article/2001518563/safaricom-net-profit-jumps-10-8pc-to-sh69-8bn-first-in-east-and-central-africa",
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      • "description": "Safaricom has reported a 10.8 per cent rise in net income to Sh69.8 billion for the year ending Monday, March 31, as total revenue surged past $3 billion.",
      • "content": "Safaricom has reported a 10.8 per cent rise in net income to Sh69.8 billion for the year ending Monday, March 31, as total revenue surged past $3 billion (Sh390 billion) — the first time any company has hit that level in East and Central Africa. The company said the growth was driven by innovation across products, expansion in Ethiopia and Sh18 billion invested in community projects over five years. Safaricom will pay Sh48.08 billion in dividends, adding a final dividend of 65 cents per share to the interim payout of 55 cents. “We have delivered excellent group performance with double-digit growth on both top and bottom line,” said Chief Executive Officer Peter Ndegwa. “This strong set of results reflects the dedication of our teams, the loyalty of our customers and the strength of our strategy,” he added. Earnings before interest and taxes jumped 29.5 per cent to Sh104.1 billion. Ethiopia now brings in nearly 10 per cent of total revenue, with management saying the business has moved beyond peak investment and aims for profitability by 2027. Safaricom Ethiopia has more than doubled its customer base to 8.8 million, with 2.8 million using M-PESA services, transacting Sh20.6 billion over the period. In Kenya, service revenue rose 10.5 per cent to Sh364.3 billion. M-PESA, which turned eighteen last year, delivered Sh161 billion or 44.2 per cent of local service revenue, boosted by moves into wealth management and credit. Mobile data revenue grew 15.2 per cent to Sh72.9 billion, while voice revenue rose 1.6 per cent to Sh80.8 billion. “This year’s results are more than a reflection of past performance; they are a foundation for our vision of becoming Africa’s leading purpose-led tech company by 2030,” Ndegwa explained. “We are entering a new phase of growth, and we will continue harnessing innovation for social good and shaping the future of Kenya, Ethiopia and beyond,” he said.",
      • "pubDate": "2025-05-09 08:21:18",
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      • "title": "Tour guides push for policy reform at first East Africa conference",
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      • "description": "NAIROBI, Kenya, May 9 — Tour guides from across the region have made a strong case for greater recognition and reform in the tourism sector during the inaugural East Africa Tour Guide Conference held in Nairobi. Under the theme “Storytellers of Africa: Tour Guides in Africa’s Tourism Economy,” the event brought together hundreds of guides, [...]",
      • "content": "NAIROBI, Kenya, May 9 — Tour guides from across the region have made a strong case for greater recognition and reform in the tourism sector during the inaugural East Africa Tour Guide Conference held in Nairobi. Click here to connect with us on WhatsApp Under the theme “Storytellers of Africa: Tour Guides in Africa’s Tourism Economy,” the event brought together hundreds of guides, industry leaders, policymakers, and training institutions to highlight the critical role that guides play in shaping tourist experiences, preserving culture, and driving economic value. “We are more than just guides—we are cultural ambassadors, conservationists, and frontline hosts,” said Felix Migoya, Chairman of the East Africa Tour Guides and Drivers Association (EATGDA). “Yet our voices are often the last to be heard.” With Kenya targeting 5 million international visitors annually, delegates at the conference emphasized that professional tour guides — through their storytelling skills and local knowledge — are key to enhancing visitor satisfaction, encouraging longer stays, and driving repeat business. “Tour guides are the bridge between travelers and destinations,” said Daniel Mbugua, Chairman of the Tour Operator Society of Kenya. “As travel becomes more digital and experience-driven, guides must be at the center of Kenya’s tourism strategy.” Participants raised concerns about outdated regulatory frameworks, unlicensed practitioners, and the lack of support systems, including weak digital platforms and limited access to training. Speakers also called for the creation of a national certification board and better inclusion of guides in national tourism planning and marketing. “We need a policy that clearly defines who a guide is and sets standards for training, licensing, and career growth,” said Kennedy Kaunda, Group CEO of EATGDA. “Without regulation, imposters flood the industry, damaging Kenya’s global reputation.” The issue of seasonality and competitiveness also surfaced, with stakeholders warning that high park fees and limited value offerings risk pushing tourists to neighboring destinations like Tanzania. “Tourists are spending more time and money elsewhere,” said Mbugua. “We must offer more immersive experiences and embrace innovation or risk falling behind.” Calls for greater inclusivity were also made, especially around improving access to the profession for women, youth, and persons with disabilities. Nairobi County’s Chief Officer for Gender and Inclusivity, Mariam Dahir, pledged the county’s support for inclusive policies and training investments. “This conference is a springboard for greater collaboration,” she said. “Guides turn itineraries into experiences and should be at the heart of tourism planning.” The organizers expressed hope that the conference would become an annual platform for reform, professionalization, and growth in East Africa’s tourism sector.",
      • "pubDate": "2025-05-09 08:00:37",
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      • "article_id": "8446e65fa96173d1d803065f0204c79c",
      • "title": "Kenya revenue grows by 6.1 percent to surpass two trillion mark",
      • "link": "https://www.kenyanews.go.ke/kenya-revenue-grows-by-6-1-percent-to-surpass-two-trillion-mark/",
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      • "description": "The Kenya Revenue Authority (KRA) has hit the two trillion mark after collecting Sh2.112 trillion as of April 30, 2025. KRA Commissioner General Mr. Humphrey Wattanga said the collection reflects a performance rate of 96.5 percent against the target of Sh2.189 trillion. In a statement, Wattanga said that during the period, revenue collection registered a...",
      • "content": "The Kenya Revenue Authority (KRA) has hit the two trillion mark after collecting Sh2.112 trillion as of April 30, 2025. KRA Commissioner General Mr. Humphrey Wattanga said the collection reflects a performance rate of 96.5 percent against the target of Sh2.189 trillion. In a statement, Wattanga said that during the period, revenue collection registered a growth of 6.1 percent, reflecting an upward trajectory in collection compared to Sh1.990 trillion realized in the same period during the previous financial year (2023/2024). In the period under review, domestic taxes amounted to Sh1.386 trillion between July-April 2024/25, translating to a revenue growth of 4.7 percent over the Sh1.323 trillion realized in July-April 2023/24. Wattanga said that customs revenue collection also grew by 9.1 percent after registering a cumulative collection of Sh722.743 billion, compared to Sh662.447 billion that was collected in the same period of FY 2023/24. He highlighted that agency revenue collection amounted to Sh205.518 billion, registering a performance rate of 111.8 percent against a target of Sh183.789 billion. “This represents a growth of 37.1 percent compared to the collection of Sh149.876 billion realized in the same period of the previous financial year (2023/2024),” he said. According to Wattanga, exchequer revenue (collected on behalf of the National Treasury) amounted to Sh1.906 trillion, reflecting a performance rate of 95.0 percent against a target of Sh2.006 trillion. This, he added, represented a growth of 3.6 percent compared to the collection of Sh1.840 trillion that was collected in the same period in the previous financial year (2023/2024). “In spite of the progressive growth, the collection was affected by various economic indicators that directly drive revenue collection. The various indicators that influence revenue performance have generally moved contrary to expectations, affecting revenue mobilization,” he said. Wattanga disclosed that GDP grew at a slower pace of 4.0 percent in the third quarter of the financial year 2024, compared to 6.0 percent during the same period in 2023. Similarly, the Purchasing Managers Index (PMI) averaged 49.8 between July 2024 and April 2025, indicating a slowdown in private sector activities. He explained that this subdued demand was further evidenced by a 1.6 percent drop in import values, an important indicator of domestic demand for both raw materials and consumer goods. Additionally, in spite of the Central Bank of Kenya lowering its base lending rate to 10.75 percent, commercial bank lending rates remained high, averaging 17.22 percent, as a number of banks had yet to adjust their rates. This disparity negatively impacted private sector borrowing and investment. However, there are strong indications that most banks are working towards ensuring compliance. He said that despite a stronger shilling, the value of imports declined, particularly oil which dropped by 10.2 percent. Export earnings also shrank by 3.6%, driven by declines in key sectors such as tea (–18.6 percent) and horticulture (–6.2 percent). Wattanga said that the adverse effects from most of these indicators is beginning to dissipate as most of them start to experience a turnaround in the recent past. “A recent policy change has allowed taxpayers to offset their current tax liabilities using adjustment vouchers such as refund and overpayment adjustment vouchers. A number of taxpayers utilized Sh53.8 billion in Adjustment Vouchers accrued from previous periods to offset current tax liabilities, reducing effective collections,” he said. Wattanga said that the reclassification of SHIF and the Housing Levy from tax reliefs to allowable deductions before tax computation has lowered the Pay-As-You-Earn (PAYE) tax base. Despite revenue mobilization being impeded by impacts from the above factors, KRA enhanced its compliance through various initiatives. Wattanga disclosed that the implementation of a Centralized Release Office has significantly improved the efficiency of cargo clearance processes. This reform has positively impacted customs revenue performance, with revenue growth increasing from an average of 7.0% as of the end of January 2025 to 22.6% in March and 14.4% in April 2025. “Additionally, the initiative has contributed to enhanced import values, resulting in an increase in average daily non-oil revenue from Sh2.087 billion during the period July to February 2024/25, to Sh2.309 billion in March and April 2025,” he said. Wattanga added that to further improve tax compliance and convenience for landlords, the Electronic Rental Income Tax System (eRITS) was recently rolled out. He disclosed that this digital platform enables landlords and property owners to seamlessly compute, file, and pay Monthly Rental Income (MRI) tax. It also includes property management tools such as property registration and tenancy management, providing a comprehensive, user friendly experience on a single platform. According to Wattanga, the Tax Amnesty Programme has also seen strong uptake, generating Sh13.5 billion in revenue between December 2024 and April 2025. This initiative aims to encourage voluntary compliance by offering relief on penalties and interest for taxpayers who settle their principal tax liabilities. KRA has so far waived Sh164.9 billion in penalties and interest, benefitting over three million taxpayers. The statement further said the introduction of the Electronic Tax Invoice Management System (eTIMS) has enhanced the ability to detect and prosecute VAT fraud schemes. By digitizing invoicing and tax reporting, eTIMS promotes greater accountability and has led to improved levels of tax compliance across the board. He said the enhanced Dispute Resolution Framework has expedited the resolution of tax related disputes, allowing for quicker recovery of revenue previously tied up in legal processes. As a result, Sh21.9 billion was released for collection during the period from January to March 2025. KRA targets to collect 2.668 trillion by the end of Financial Year 2024/2025. The Authority is confident that it will continue with the upward trajectory and achieve the set target to enable the government to sustain the country’s economy.",
      • "pubDate": "2025-05-09 07:13:28",
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      • "title": "US and UK agree deal slashing Trump tariffs on cars and metals",
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      • "description": "MAY 9 – The US has agreed to reduce import taxes on a set number of British cars and allow some steel and aluminium into the country tariff-free, as part of a new agreement between the US and UK. The announcement offers relief for key UK industries from some of the new tariffs President Donald [...]",
      • "content": "MAY 9 – The US has agreed to reduce import taxes on a set number of British cars and allow some steel and aluminium into the country tariff-free, as part of a new agreement between the US and UK. Click here to connect with us on WhatsApp The announcement offers relief for key UK industries from some of the new tariffs President Donald Trump has announced since his return to the White House in January. But it will leave a 10% duty in place on most goods from the UK. Though hailed by the leaders of the two countries as significant, analysts said it did not appear to meaningfully alter the terms of trade between the countries, as they stood before the changes introduced by Trump this year. No formal deal was signed on Thursday and the announcements from both governments were light on details. Speaking from a Jaguar Land Rover factory in the West Midlands, Sir Keir Starmer described the agreement as a “fantastic platform”. “This historic deal delivers for British business and British workers protecting thousands of British jobs in key sectors including car manufacturing and steel,” he said, adding that the “the UK has no greater ally than the United States”. At the White House, Trump called it a “great deal” and pushed back against criticism that he was overstating its importance. “This is a maxed out deal that we’re going to make bigger,” he said. What’s in the deal? The two sides said the US had agreed to reduce the import tax on cars – which Trump had raised by 25% last month – to 10% for 100,000 cars a year. That will help luxury carmakers such as Jaguar Land Rover and Rolls Royce, but could limit growth in the years ahead, as it amounts to roughly what the UK exported last year. Business Secretary Jonathan Reynolds told the BBC the UK was days away from losing thousands of jobs at carmakers facing US tariffs. “This was very serious,” he said. “It would have meant people would have lost their jobs without this breakthrough.” Tariffs on steel and aluminium, which Trump raised earlier this year to 25%, have also been slashed, according to the Prime Minister’s Office. The US said instead it would establish a quota, as had existed previously. The two countries also each agreed to allow the import of up to 13,000 metric tonnes of beef from the other country without tariffs, according to documents released by the US Trade Representative. The US said the change would significantly expand its sales of beef to the UK, which had previously faced 20% duties and were capped at 1,000 metric tonnes. Overall, the US said the deal would create a $5bn (£3.8bn) “opportunity” for exports, including $700m in ethanol and $250m in other agricultural products. “It can’t be understated how important this deal is,” US Agriculture Secretary Brooke Rollins said. What’s the reaction? UK Steel director General Gareth Stace welcomed the agreement, saying it would offer “major relief” to the steel sector. “The UK government’s cool-headed approach and perseverance in negotiating with the US clearly paid off,” he said. Other business groups expressed more uncertainty. “It’s better than yesterday but it’s definitely not better than five weeks ago,” said Duncan Edwards, chief executive of BritishAmerican Business, which represents firms in the two countries and supports free trade. “I’m trying to be excited but I’m struggling a bit.” While Labour MPs praised the deal, opposition parties asked for more detail and scrutiny in Parliament. Conservative Party leader Kemi Badenoch criticised the deal, saying it amounted to tariffs being lowered by the UK, while being hiked in the US. “This is not a historic deal with the US,” she said. “We’ve been shafted.” The Liberal Democrats demanded a vote on the deal in Parliament, saying it would show “complete disrespect to the public” if MPs were denied a say. Sir Ed Davey said: “When it comes to any trade deal – and especially one with someone as unreliable as Donald Trump – the devil will be in the detail. “One thing is clear, Trump’s trade tariffs are still hitting key British industries, threatening the livelihoods of people across the UK.” Reform UK Leader Nigel Farage said the deal was a “step in the right direction”. He told the BBC there was more detail to come but in the round it was a welcome development. “The important point is that we are doing stuff, we are making a move,” he said. “It’s a Brexit benefit we were able to do this.” Win for US ranchers? The US and UK have been discussing a trade deal since Trump’s first term. They came close to signing a mini-agreement at that time. But the US has long pushed for changes to benefit its farmers and pharmaceutical issues, which had been non-starters politically for the UK. It was not clear how much those issues had advanced. The National Cattlemen’s Beef Association said the agreement in-principle had delivered a “tremendous win” for American ranchers but the US Meat Export Federation, which tracks trade barriers for farmers in the US, said it was still trying to pin down information about the changes. The UK said there would be no weakening in food standards for imports. While the UK appears to have made some commitments, “the devil will be in the details,” said Michael Pearce, deputy chief economist at Oxford Economics, which said it was making no change to its economic forecasts as a result of the announcement. Other issues loom. Trump has said repeatedly that he wants to tax imports of pharmaceuticals, in a bid to ensure the US has a strong manufacturing base for critical medicines. The UK said the US had agreed to give British firms “preferential treatment”. But Ewan Townsend, a lawyer at Arnold & Porter, who works with health care firms, said the industry was now “left waiting to see exactly what this preferential treatment will mean”. By BBC",
      • "pubDate": "2025-05-09 06:11:00",
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      • "title": "Kenya, UAE sign economic, customs and transport deals",
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      • "description": "NAIROBI, Kenya, May 9 – Kenya and the United Arab Emirates (UAE) have signed seven agreements aimed at deepening bilateral cooperation between the two nations. This comes a few months after the two countries signed a Comprehensive Economic Partnership Agreement in Abu Dhabi, UAE, in January. The signing of MoUs was witnessed by President William [...]",
      • "content": "NAIROBI, Kenya, May 9 – Kenya and the United Arab Emirates (UAE) have signed seven agreements aimed at deepening bilateral cooperation between the two nations.This comes a few months after the two countries signed a Comprehensive Economic Partnership Agreement in Abu Dhabi, UAE, in January.The signing of MoUs was witnessed by President William Ruto and His Highness Sheikh Abdullah Bin Zayed Al Nahyan, the UAE Deputy Prime Minister and Minister of Foreign Affairs of the UAE at State House Nairobi.These agreements cover cooperation in military affairs, economic development, energy, transport, Customs, the establishment of a joint business council, and railway development.In the energy sector, the agreement focuses on renewable energy, with plans to implement wind, solar, and geothermal projects, boost technical capacity, transfer technology, and accelerate the clean energy transition for greater access.On transport, the MoU outlines a framework for cooperation in rail, aviation, and road transport, promoting joint projects, feasibility studies, investment opportunities, regulatory alignment, and enhanced infrastructure safety and innovation.The MoU on Customs cooperation aims to improve the enforcement of laws, combat illicit trade, enhance information sharing, and streamline procedures, ultimately strengthening border control and protecting economic interests.To bolster private sector ties, the two nations will establish a Kenya-UAE Joint Business Council to foster closer business relations, deepen trade and investment links, and provide joint recommendations to both governments.Additionally, the Kenya Railways Corporation and Etihad Rail Company have formalised a partnership to advance Kenya’s railway sector, focusing on knowledge sharing, feasibility studies, testing new technologies, and exploring further areas of cooperation for industrial development.The MoU on military cooperation commits both nations to collaborate under national laws and international obligations to boost national security, strengthen defence capacity, build institutional partnerships, and promote regional peace and stability.",
      • "pubDate": "2025-05-09 06:05:14",
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      • "article_id": "97e1d07c7e165e0bf03231a00476548d",
      • "title": "Minet plants 20,000 trees in Kiambu in push to reach 500,000 goal",
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      • "description": "NAIROBI, Kenya, May 9 – Risk advisory firm Minet has planted 20,000 tree seedlings in the Matathia block of the Uplands Forest in Kiambu County as part of its ongoing target to plant 500,000 trees in Kenya by 2030. The new planting brings the total number of trees planted by the firm over the past [...]",
      • "content": "NAIROBI, Kenya, May 9 – Risk advisory firm Minet has planted 20,000 tree seedlings in the Matathia block of the Uplands Forest in Kiambu County as part of its ongoing target to plant 500,000 trees in Kenya by 2030. Click here to connect with us on WhatsApp The new planting brings the total number of trees planted by the firm over the past three years to 46,000, with the latest exercise involving more than 100 local community members. The participants have pledged to nurture the trees to maturity. Kenya loses an estimated 84,700 hectares of forest annually, with a further 14,900 hectares degraded, according to the 2024 Forest Status Report by the Kenya Forest Service. The report attributes deforestation to activities such as logging, charcoal burning, and agricultural expansion, with the resulting damage estimated to cost the economy over Sh534 billion annually in lost carbon storage, reduced agricultural yields, and water resource depletion. Minet CEO Sammy Muthui said reforestation is no longer just an environmental issue but a broader development challenge tied to food security, energy production, and climate resilience. The initiative supports national targets under Kenya’s Forest Ecosystem Landscape Restoration Strategy, which seeks to plant 15 billion trees and restore over 10 million hectares of degraded land by 2032. Minet had planned to plant more trees in 2024, but efforts were halted following a landslide at the intended site. The program resumed in 2025 after clearance from forest authorities. The Kenya National Bureau of Statistics 2025 Economic Survey indicates that areas under new tree planting doubled from 2,400 hectares in 2023 to 4,900 hectares last year, reflecting an upswing in national reforestation efforts. Minet says the trees planted this year could, once mature, produce enough oxygen to support about 10,000 people and absorb over 440,000 kilograms of carbon dioxide annually.",
      • "pubDate": "2025-05-09 05:52:03",
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      • "article_id": "9e52c9ea42b879dc3a8938e94e9fdab4",
      • "title": "Kenya’s household appliance Market drifting towards smart tech, convenience",
      • "link": "https://www.capitalfm.co.ke/business/2025/05/kenyas-household-appliance-market-drifting-towards-smart-tech-convenience/",
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      • "description": "By Donghun Lee MAY 8 – Recent research reveals a promising trajectory for Kenya’s household appliances market, projecting an impressive growth rate of 5.60% over the next five years. This anticipated surge is being driven by several converging factors, notably increased exposure to modern technologies, a steady rise in disposable income, and a shift in [...]",
      • "content": "By Donghun Lee Click here to connect with us on WhatsApp MAY 8 – Recent research reveals a promising trajectory for Kenya’s household appliances market, projecting an impressive growth rate of 5.60% over the next five years. This anticipated surge is being driven by several converging factors, notably increased exposure to modern technologies, a steady rise in disposable income, and a shift in consumer preferences toward modernization and convenience. Indeed, as the Kenyan middle class expands and urbanization accelerates, more households are opting for modern appliances that enhance their quality of life. Devices such as smart TVs, refrigerators, washing machines, microwaves, cookers, and even robotic vacuum cleaners are no longer seen as luxuries and are becoming necessities for a growing number of families. These appliances are increasingly preferrable due to their functionality and user experience, as well as tangible benefits such as saving time and reducing the physical effort required for daily chores. This shift is particularly evident in urban centers like Nairobi, Mombasa, Nakuru, Kisumu and Eldoret, where the fast-paced lifestyle has created a growing demand for solutions that streamline domestic life. With many households juggling work, education, and family responsibilities, appliances that offer efficiency and automation are becoming indispensable. For example, smart washing towers that combine washers and dryers in compact, space-saving designs are increasingly popular in city apartments. Similarly, built-in cooktops, microwaves and ovens with intuitive touch controls and pre-set cooking functions are making kitchen tasks quicker and easier. Technological advancements have elevated the appliance market even further. Personalization and automation are at the heart of many modern appliances, providing users with unprecedented control and convenience. Features like programmable settings, quick cycles, and pre-set timers enable multitasking and allow users to manage their homes more effectively. This is especially important in households where time is a premium commodity. Moreover, the integration of the Internet of Things (IoT) has revolutionized the way consumers interact with their appliances. With IoT-enabled devices, users can now monitor and control their home gadgets remotely via smartphone apps or voice-activated assistants. It could be as simple task as preheating an oven on the way home or checking the contents of a refrigerator from the supermarket, or starting a laundry cycle from the office – the ability to manage appliances remotely adds an extra layer of convenience and control. It also helps in energy management, with smart systems optimizing performance based on user behaviour and preferences. Recognizing this growing demand for innovative and sustainable solutions, global manufacturers are stepping up to deliver products that are tailored for the emerging demand. Among the front-runners is LG Electronics, which has significantly ramped up its efforts to introduce intelligent, energy-efficient appliances that cater to the modern consumer. LG’s AI-powered ecosystem, spearheaded by its ThinQ technology, enables seamless connectivity and comprehensive control of multiple devices within a smart home environment. With ThinQ, users can remotely monitor appliance performance, receive maintenance alerts, and even get personalized usage recommendations. LG’s commitment to sustainability is also evident in its hardware innovations. Inverter technology across appliances such as refrigerators, washing machines, dishwashers and microwaves enhance performance and durability, in addition to significantly reducing energy consumption. These features contribute to lower electricity bills, a key concern for many households, while also aligning with global sustainability goals. Meanwhile, the increasing affordability of smart appliances is lowering the entry barrier for many first-time buyers. As competition intensifies and local distribution improves, consumers now have access to a wider range of options that suit different budgets and preferences. Retailers and e-commerce platforms are also playing a role in driving market growth by offering flexible financing plans and after-sales support, which build consumer confidence in long-term appliance investments. The writer is the President of LG Electronics East Africa",
      • "pubDate": "2025-05-09 05:01:52",
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      • "article_id": "19616442aeb5c3f07ee3e478e8ac6464",
      • "title": "KRA Smashes Revenue Record, Collects Sh2.1 Trillion in Just 10 Months",
      • "link": "https://nairobiwire.com/2025/05/kra-smashes-revenue-record-collects-sh2-1-trillion-in-just-10-months.html",
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      • "description": "Kenya’s taxman has crossed a line it has never crossed this early—Sh2.112 trillion in revenue with two months still left in the 2024 / 25 financial year. The haul, recorded by April 30, meets 96.5 percent of the Sh2.189 trillion target KRA set for the ten-month window and beats last year’s collections for the same period by 6.1 percent. Domestic taxes brought in Sh1.386 trillion, up 4.7 percent on last year’s pace. Customs duties were even stronger, climbing 9.1 percent to Sh722.7 billion. “Customs revenue also showed strong performance, registering a 9.1 per cent growth,” KRA said. Agency revenue—money KRA gathers for other state bodies—rose the fastest, surging 37.1 percentThe post KRA Smashes Revenue Record, Collects Sh2.1 Trillion in Just 10 Months appeared first on Nairobi Wire.",
      • "content": "Kenya’s taxman has crossed a line it has never crossed this early—Sh2.112 trillion in revenue with two months still left in the 2024 / 25 financial year.The haul, recorded by April 30, meets 96.5 percent of the Sh2.189 trillion target KRA set for the ten-month window and beats last year’s collections for the same period by 6.1 percent.Domestic taxes brought in Sh1.386 trillion, up 4.7 percent on last year’s pace. Customs duties were even stronger, climbing 9.1 percent to Sh722.7 billion.“Customs revenue also showed strong performance, registering a 9.1 per cent growth,” KRA said.Agency revenue—money KRA gathers for other state bodies—rose the fastest, surging 37.1 percent to Sh205.5 billion and overshooting its target by nearly 12 percent. Exchequer revenue reached Sh1.906 trillion, reflecting a 95 percent achievement rate.StreamJuly 2024–Apr 2025 (Sh bn)YoY GrowthDomestic taxes1 386.0+4.7 %Customs duties722.7+9.1 %Agency collections205.5+37.1 %Total revenue2 112.0+6.1 %Even so, KRA says the economy is working against it. GDP growth slowed to 4.0 percent in Q3 2024 from 6.0 percent a year earlier. The PMI averaged 49.8, signalling shrinking private-sector activity, while imports and exports both declined.Borrowing costs have stayed stubbornly high despite a lower Central Bank rate, and a stronger shilling dragged oil imports down 10.2 percent. Policy tweaks that let workers deduct SHIF and the Housing Levy from taxable income also trimmed Pay-As-You-Earn receipts.To squeeze out every shilling, KRA leaned on new tech: a Centralised Release Office sped up cargo clearance, and the Electronic Rental Income Tax System is nudging landlords to comply. A tax-amnesty drive has already netted Sh13.5 billion and wiped Sh164.9 billion in penalties for more than three million taxpayers.If collections keep rising at the current pace, KRA could finish the fiscal year with its strongest showing yet, even in the face of a cooling economy.The post KRA Smashes Revenue Record, Collects Sh2.1 Trillion in Just 10 Months appeared first on Nairobi Wire.",
      • "pubDate": "2025-05-09 03:48:52",
      • "pubDateTZ": "UTC",
      • "image_url": "https://nairobiwire.com/wp-content/uploads/2025/05/KRA-1.jpg",
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      • "article_id": "43a616fb4b4f9bbceab279fdbaba9f46",
      • "title": "Govt Moves to Certify 15 Million Artisans in Nationwide Skills Recognition Drive",
      • "link": "https://nairobiwire.com/2025/05/govt-moves-to-certify-15-million-artisans-in-nationwide-skills-recognition-drive.html",
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      • "description": "The government has launched a major push to formally recognize and empower skilled workers in the informal sector, aiming to certify over 15 million artisans through the Recognition of Prior Learning (RPL) programme. This initiative, led primarily by TVET institutions, seeks to validate the skills of millions of workers—many of whom have never set foot in a formal classroom but have mastered trades through hands-on experience. According to Stanley Maindi, Director of the RPL programme, the country has a huge population of highly skilled individuals, particularly in the Jua Kali sector, who have gone unrecognized for too long. “We have thousands of young people doing excellent work in the JuaThe post Govt Moves to Certify 15 Million Artisans in Nationwide Skills Recognition Drive appeared first on Nairobi Wire.",
      • "content": "The government has launched a major push to formally recognize and empower skilled workers in the informal sector, aiming to certify over 15 million artisans through the Recognition of Prior Learning (RPL) programme.This initiative, led primarily by TVET institutions, seeks to validate the skills of millions of workers—many of whom have never set foot in a formal classroom but have mastered trades through hands-on experience.According to Stanley Maindi, Director of the RPL programme, the country has a huge population of highly skilled individuals, particularly in the Jua Kali sector, who have gone unrecognized for too long.“We have thousands of young people doing excellent work in the Jua Kali sector , but they lack certificates to help them grow professionally or compete for government and private contracts,” Maindi said.Thousands Already Certified — Millions More to GoMaindi revealed that over 5,100 artisans have already been assessed and certified through various TVET colleges across the country. The government plans to increase that number significantly, with an additional 700,000 artisans set to be certified by the end of the year.He spoke during a training workshop at the Eldoret National Polytechnic (TENP), where trainers from 20 TVET colleges gathered to sharpen their skills on how to assess artisans effectively. He was accompanied by TENP Chief Principal Dr. Charles Koech and TVET Director Meshack Obwora.TVET Colleges Become Assessment HubsDr. Koech emphasized TENP’s role as an RPL certification center, stating that the institution is committed to reaching as many local artisans as possible.“We’re grateful for the government’s continued support, and we’re determined to take this programme reach as many of our youth as possible,,” Dr. Koech said.Maindi added that all TVET colleges across the country will operate as walk-in assessment centers, allowing artisans to be evaluated and certified at their convenience. He also revealed that the programme plans to retrain and sensitize over 7,000 TVET tutors to ensure consistent and credible assessments nationwide.RPL Programme Director Stanley Maindi (left) alongside Dr. Charles Koech, Chief Principal of Eldoret National Polytechnic.Government Partners with Jua Kali FederationTo identify and connect artisans with assessment centers, the government is partnering with the Kenya National Federation of Jua Kali Associations. This collaboration is crucial in helping locate skilled individuals in informal settings and guiding them through the certification process.“We’re taking the RPL programme seriously as part of the Bottom-Up Economic Transformation Agenda,” Maindi said. “This approach puts people in the lower economic brackets at the center of national growth.”On-Site Assessments and National ReachIn addition to assessments at colleges, the programme will also conduct on-site evaluations at workplaces, making it easier for artisans who may not be able to travel. More than 240 TVET colleges are supporting the implementation of this flexible and inclusive model.Maindi emphasized that the training of RPL assessors will take place in all regions of the country to ensure no artisan is left behind.“Our goal is to reach every skilled Kenyan working in the informal sector,” he said. “These certificates will carry the same weight as those issued by formal colleges and institutions.”Empowering the Backbone of the EconomyThe RPL initiative isn’t just about issuing certificates—it’s about restoring dignity, unlocking opportunities, and recognizing the vital contribution artisans make to Kenya’s economic growth.“Our artisans are critical to this country,” Maindi concluded. “We must empower them not just with tools and training—but with the recognition they’ve long deserved.”The post Govt Moves to Certify 15 Million Artisans in Nationwide Skills Recognition Drive appeared first on Nairobi Wire.",
      • "pubDate": "2025-05-09 03:45:53",
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      • "article_id": "8cd296559fdf02a5d987ca30e1dfa17e",
      • "title": "Motor industry registers drop as cash strapped businesses, households stay away",
      • "link": "https://www.standardmedia.co.ke/business/article/2001518519/motor-industry-registers-drop-as-cash-strapped-businesses-households-stay-away",
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      • "description": "The number of newly registered vehicles dropped 21.4 per cent, the lowest since 2017. Motorcycles registered also continued a multi-year decline and hit a low in 16 years.",
      • "content": "The motor vehicle industry registered a major decline last year as many households and businesses froze acquisitions owing to a mix of factors. These included tough economic conditions, refusal by banks to lend to Kenyans and high taxes that affected both spending power for many and drove up vehicle costs. The total number of newly registered vehicles dropped 21.4 per cent, according to the Economic Survey 2025 launched on Tuesday, to 93,646 units last year from 119,205 units in 2023. The number of newly registered vehicles last year was the lowest since 2017. The number of motorcycles registered also continued a multi-year decline and hit the lowest in 16 years, dropping to 72,868 in 2024 from a peak of 291,553 in 2021, after which it registered a significant decline. Last year’s was lowest since 2008 when the government gave the sector incentives as it sought to deal with youth unemployment. Over 2024, hard hit were sales of vehicles used by businesses across different industries, including lorries and trucks, where newly registered units dropped 60 per cent - from 13,635 in 2023 to 5,456 in 2024, while trailers followed a similar trend, declining by 66.7 per cent to 2,123 in 2024. The survey data also showed that newly registered panel vans and pick-ups dropped by 54.6 per cent to 5,879 in 2024 from 12,957 in 2023. Wheeled tractors, used mostly in agriculture dropped 67.5 per cent while buses and coaches, largely used by the matatu industry dropped 53.5 per cent. Saloon cars, mostly used by private motorists, dropped 15.9 per cent. The outlier segment was station wagons, which grew four per cent, an indicator cash strapped Kenyans and businesses were turning to such vehicles as Toyota Proboxes and Nissan for both commercial and private use. A mix of factors contributed to the decline in the number of vehicles that individuals and businesses bought last year, including a reduction in disposable income for many salaried Kenyans as more deductions kicked in and reduced their spending power. Businesses have also been cash-strapped on account of a tough operating environment that includes continued non-payment of pending bills by the government as well sluggish demand for products. Banks also slowed down lending to households and businesses and instead preferred to lend to the government through Treasury Bills and Bonds. “Commercial banks and non-bank financial institutions’ credit to the private sector declined by 6.6 per cent to Sh2.67 trillion as at December 2024,” said the Survey, which was in comparison to Sh2.86 trillion in 2023. “Credit advanced to the public sector during the review period grew by 2.6 per cent to Sh2.39 trillion as at December 2024.” The government also increased duty on imported cars to 35 per cent from 25 per cent in July 2023, which has also had the effect of pushing vehicles out of reach for Kenyans. Stay informed. Subscribe to our newsletter Motorcycles, whose sales have boomed for the better part of the last decade, dropped to the lowest since 2008 when Kenyans bought 52,116 motorcycles and three-wheelers (tuktuks). Analysts note other than the financial difficulties Kenyans are experiencing, the industry could also be nearing saturation . According to the survey, “the total number of newly registered motor and autocycles, and three wheelers declined by 4.7 per cent from 76,451 in 2023 to 72,868 in 2024”. The number of motorcycles on Kenyan roads has grown rapidly since President Mwai Kibaki’s administration waived excise duty on imported two-wheelers below 250cc (cubic capacity) in 2009. The move made motorcycles relatively affordable, and young unemployed Kenyans started creating their own employment in the transport sector. This saw the number of motorcycles that Kenyans bought annually grow from 52,000 in 2008 to 117,266 in 2010. The number of newly registered boda bodas peaked in 2021 at 291,553. After that, the registrations declined to 135,514 in 2022 and 76,541 in 2023. Motorcycles have since 2009 become key in Kenya’s public transport, ferrying passengers in areas that are underserved by public service vehicles, but also those trying to beat traffic in busy urban areas. They have also been key in enabling e-commerce, offering parcel delivery services. The flipside has been rise in instances they are being used to commit different crimes.",
      • "pubDate": "2025-05-09 03:00:00",
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