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Financial Standard

How Africa is fighting global protectionism through AfCFTA

With global protectionism surging, Kenya and other African countries are increasingly looking towards intra-continental trade as a bulwark against this tide.
By Brian Ngugi 1 day ago
How Africa is fighting global protectionism through AfCFTA
State agencies pressed to raise revenue to balance 'softer' Finance Bill
By Graham Kajilwa 1 day ago
Economist warns Treasury on dangers of eliminating input tax
Economist warns Treasury on dangers of eliminating input tax
By Sofia Ali 1 day ago
Kenya's top lender KCB posts Q1 profit of Sh16.53b, StanChart takes a hit
Kenya's top lender KCB posts Q1 profit of Sh16.53b, StanChart takes a hit
By Brian Ngugi 7 days ago
Why Narok airport is not a key pick for aviation sector players
The National Treasury is set to pump Sh700 million into the project which is expected to be ready in 15 months.
By Macharia Kamau 8 days ago
Why Narok airport is not a key pick for aviation sector players
Questions over reliance on services sector amid shrinking manufacturing
Data shows the country’s economy is now heavily relying on services, away from the traditionally known sectors such as construction, agriculture and manufacturing to grow.
By Graham Kajilwa 8 days ago
Questions over reliance on services sector amid shrinking manufacturing
Data tops Safaricom Ethiopia earnings as unit eyes profit
Its mobile money platform M-Pesa earned the company Sh12.5 million, with Safaricom now planning to launch Fuliza in Ethiopia in a move that could increase earnings for the company.
By Macharia Kamau 8 days ago
Data tops Safaricom Ethiopia earnings as unit eyes profit
CBK rejects banks' rate cap claims, digs in on Ruto's loan reforms
The Central Bank of Kenya (CBK) has dismissed commercial lenders' claims that its proposed loan pricing reforms amount to a return to “interest rate capping.”
By Brian Ngugi 14 days ago
CBK rejects banks' rate cap claims, digs in on Ruto's loan reforms
Why Kenya lost Sh7 billion in exports to EAC
Stronger economic growth in other EAC countries is slowly edging out Kenya as the gateway of goods to the rest of the region, the latest report by the government statistician shows.
By Graham Kajilwa 15 days ago
Why Kenya lost Sh7 billion in exports to EAC
Safaricom CEO reflects on his first five years at the telco
Safaricom has hired an army of developers to build the products and services on which it would anchor its transition into a technology company.
By Esther Dianah 15 days ago
Safaricom CEO reflects on his first five years at the telco
Review of infrastructure, taxes and incentives to boost adoption of EVs
Kenya power is already working with the Kenya Industrial and Research Development Institute on the possibility of coming up with a battery assembly plant.
By Graham Kajilwa 15 days ago
Review of infrastructure, taxes and incentives to boost adoption of EVs
Equity Group, African Guarantee Fund to support SMEs with Sh64 billion facility
Equity Group Holdings and the African Guarantee Fund have strengthened their commitment to supporting MSMEs with a $500 million (Sh64.5 billion) facility.
By Esther Dianah 15 days ago
Equity Group, African Guarantee Fund to support SMEs with Sh64 billion facility
Wealthy Kenyans plan to reinvest their bonus earnings
According to the Standard Chartered Kenya 2025 Bonus Sentiment Report, most wealthy Kenyans plan to spend their bonus earnings on replenishing their investments.
By Graham Kajilwa 21 days ago
Wealthy Kenyans plan to reinvest their bonus earnings
How Finance Bill 2025 risks hiking Kenya's clean energy costs
According to Kenya’s National Electric Mobility Policy, it aims to have EVs contribute 30 per cent of all new vehicles that will be registered by 2030.
By Macharia Kamau 22 days ago
How Finance Bill 2025 risks hiking Kenya's clean energy costs
Kenya Power, State research firm eye battery manufacturing plant
Kenya Power is working with Kirdi on the possibility of coming up with a battery manufacturing plant, as it seeks seeks to position itself as a major player in adoption of electric vehicles. 
By Graham Kajilwa 22 days ago
Kenya Power, State research firm eye battery manufacturing plant
What makes Kenya a major entrepreneurs' paradise
One, we are a relatively open market. It’s easy to enter the Kenyan market at any level. You can start a side hustle at home, in the streets or even online.
By XN Iraki 22 days ago
What makes Kenya a major entrepreneurs' paradise
Facebook's Ethiopia Sh250b hate speech case puts Big Tech under test
The case alleges that Meta’s failure to deal with core safety issues particularly on Facebook, has fanned the conflict that raged for more than three years and claimed over 500,000 lives.
By Frankline Sunday 22 days ago
Facebook's Ethiopia Sh250b hate speech case puts Big Tech under test
Is Kenya losing its economic power to EAC neighbours?
Kenyans have raised concerns about how the business environment is suffocating industrialisation, and that the focus has now moved to Tanzania and Uganda.
By Graham Kajilwa 29 days ago
Is Kenya losing its economic power to EAC neighbours?
What hurts Kenya's industrial takeoff
Kenya’s shaky energy supply and its high cost once again became a topic of discussion when the Vietnamese tycoon Doanh Chau critiqued Kenyan leaders for talking big but falling short on delivery. 
By Macharia Kamau 29 days ago
What hurts Kenya's industrial takeoff
Local banks bet on Pan-African payment system to spur trade
Kenya's leading lenders KCB Group and Equity Group, are strategically aligning with the Pan-African Payment and Settlement System to capitalise on intra-African trade.
By Brian Ngugi 29 days ago
Local banks bet on Pan-African payment system to spur trade
Tanzania firm presses on with Kilifi gas plant amid safety fears
Environmentalists note that key safety components, including breakwater protections and proper discharge jetties, remain missing or untested.
By Macharia Kamau 1 month ago
Tanzania firm presses on with Kilifi gas plant amid safety fears
State defends tax regime as firms mull Kenya exit
Kenya Revenue Authority (KRA) Deputy Commissioner Policy and Tax Advisory Maurice Oray noted that agricultural produce, for instance, is exempt from the VAT Act.
By Graham Kajilwa 1 month ago
State defends tax regime as firms mull Kenya exit
The inconvenient truth about devolution, the environment
Rain came as predicted, the rivers were crystal clear, and cancer was rare. Climate change or global warming were intellectual discussions, not mainstream. Not anymore.
By XN Iraki 1 month ago
The inconvenient truth about devolution, the environment
State pushes for shared cooking gas facilities to cut costs, boost access
The Ministry of Energy is pushing for the conversion of privately owned cooking gas handling facilities into common user infrastructure as part of strategy to drive up LPG usage in the country.
By Macharia Kamau 1 month ago
State pushes for shared cooking gas facilities to cut costs, boost access
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