Business magnet and politician Jimmy Wanjigi has clarified why he opted to pursue politics despite his achievements in commerce.Speaking during a discussion on his YouTube platform on Tuesday, November 11, 2025, Wanjigi mentioned that governance and enterprise are two wholly separate domains, and his choice to join politics was motivated
Tag: Kenya economy
Ruto: Kenya Beats Angola, Ethiopia to Become the Sixth Largest Economy in Africa
Kenya is now the sixth-largest economy in Africa, surpassing nations like Ethiopia and Angola by God's grace, according to President William Ruto. On Tuesday, November 4, 2025, Ruto cheerfully told Kenyans residing in Qatar that despite international financial difficulties, the nation's economy has stabilized over the past three years. This
CBK Weekly Report: Kenya’s Economy Stable as Inflation Holds at 4.6%
The Central Bank of Kenya (CBK) has emphasized a stable economic environment, showcasing significant developments in inflation, exchange rates, foreign exchange reserves, money market activities, government securities, and the equity market.The report, published on October 31, 2025, which covers the week ending October 30, 2025, offers a detailed analysis of
Kenya Plans New Fuel and Electricity Taxes to Fund $18.7B Energy Projects
Consumers in Kenya should brace themselves for even more challenging economic conditions in 2026 as the government intends to implement new taxes on fuel and electricity to finance energy infrastructure.This action is expected to impose extra charges on consumers, further increasing the prices of goods and services.Named the Consolidated Energy
Kenya’s Electric Vehicle Industry to Create 100,000 Jobs in Green Transition
Kenya's electric vehicle (EV) sector is emerging as a major engine for job creation, with projections showinig that it could generate more than 100,000 employment opportunities over the next five years.A new report by the Kenya Investment Authority (KenInvest) has given an optimistic picture of the industry’s future, highlighting its
Kenya’s Debt: 70% of Revenue Now Spent on Repaying Loans
CBK Eyes Mobile Money Fees in Push for Affordable Digital Finance
Ruto Woos American Investors
Kenya is a safe and secure destination for your investments, President William Ruto has assured American investors.The President said Kenya’s macro-economic fundamentals make it the ideal investment destination for American corporations seeking business opportunities in Africa.“We offer stability, world-class talent, green energy, and dependable connectivity, just the qualities investors seek,”