Kenya economy Archives - Page 4 of 4

Kenya’s Electric Vehicle Industry to Create 100,000 Jobs in Green Transition

by Chris Omondi - October 12, 2025October 12, 2025

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

by Chris Omondi - October 8, 2025October 8, 2025

Kenya's debt problem is fast becoming a national nightmare. A new report by Okoa Uchumi Kenya shows that the government is now spending seven out of every ten shillings of its revenue collection on repaying loans — a figure that paints a grim picture of the country’s finances and future

CBK Eyes Mobile Money Fees in Push for Affordable Digital Finance

by Chris Omondi - September 29, 2025September 29, 2025

The Central Bank of Kenya (CBK) has announced plans to cap the charges on person-to-person mobile money transfers. The decision is likely to shake-up the business model of dominant players like Safaricom’s M-Pesa and Airtel's Airtel Money.At the heart of the move is a concern that Kenyans still use

Ruto Woos American Investors

by Chris Omondi - September 24, 2025September 24, 2025

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,”