From digital lifeline to criminal frontier—the double-edged sword that transformed Kenya’s economy Table of Contents The Digital Revolution That Redefined Kenyan Commerce By the Numbers: M-Pesa’s Staggering Economic Footprint A Trader’s Lifeline: How Digital Credit Fuels the Informal Economy The Dark Side of Digital Cash: A New Frontier for Crime When Algorithms Decide: The Hidden…
President Ruto launches the Coffee Revival through Cooperative Societies Programme in Kirinyaga, targeting 150,000 metric tonnes of production, 80% farmer payouts, and 5-day payment settlements.In a major boost for Kenya’s agricultural sector, President William Ruto has officially launched the Coffee Revival through Cooperative Societies Programme in Kianyaga, Kirinyaga County. The ambitious plan aims to revolutionize…
Old Mutual Balance Sheet Restructure could pave the way for future dividend payments after the financial services group proposed a major accounting exercise aimed at clearing billions of shillings in accumulated losses from its balance sheet. Old Mutual Holding PLC is seeking shareholder approval for a restructuring plan that would allow it to use KSh…
Kenya’s Savings and Credit Cooperative Organisations (SACCOs) are increasingly outperforming commercial banks in key financial indicators, particularly asset quality, even as pressure mounts for them to lower lending rates. Recent data from the SACCO Societies Regulatory Authority (SASRA) shows that deposit-taking SACCOs have maintained a non-performing loan (NPL) ratio of below 8 percent, significantly lower…
Millions of Kenyan workers are set to benefit from revised minimum wage regulations following the implementation of the government’s latest pay review. The New Salary Rates announced by Labour and Social Protection Cabinet Secretary Alfred Mutua introduce a 12 per cent increase in general minimum wages and a 15 per cent increase for agricultural workers, fulfilling…
NAIROBI, KENYA — A severe fuel crisis has forced the national government to lay bare the extraordinary financial mechanics keeping the domestic economy from an inflationary freefall. Following a turbulent week marked by public transport disruptions, localized shutdowns, and intense negotiation, the state has deployed a massive multi-billion-shilling buffer to keep transport networks moving and…
The sudden upward review of fuel prices on April 15, 2026, has created a “perfect storm” for the common mwananchi. When fuel prices cross the Ksh 200 threshold, they stop being just a motorist’s problem and become a survival issue for every household. The link between fuel, inflation, and poverty in Kenya is direct and…
IMF loan discussions remain a key focus in the country’s economic policy as the government signals that it may avoid taking a new loan from the International Monetary Fund in the short term after securing alternative sources of financing. Kenya has reportedly raised about Sh588 billion through asset sales, government stake disposals, and other funding…
As the Energy and Petroleum Regulatory Authority (EPRA) prepares to announce the new monthly fuel price cycle on Saturday, March 14, 2026, Kiharu MP Ndindi Nyoro has issued a stern warning against any potential fuel price hike. The outspoken legislator has positioned himself at the forefront of the national debate, arguing that any upward adjustment…
