In a landmark move set to transform Kenya’s agricultural landscape, Absa Bank Kenya, in collaboration with agri-tech firm Hello Tractor and global machinery manufacturer John Deere, has expanded a Sh500 million financing initiative aimed at enhancing access to mechanised farming for smallholder farmers across the country. The initiative, launched during the unveiling of Hello Tractor’s […]
In a significant move to modernize tax administration within Kenya’s real estate sector, the Kenya Revenue Authority (KRA) has unveiled the Electronic Rental Income Tax System (eRITS), a new digital platform designed to simplify rental tax filing and promote voluntary compliance among landlords and property owners. The eRITS platform, officially launched on Thursday, integrates with […]
Beijing/Washington| China has announced a sweeping escalation in its trade dispute with the United States, imposing an additional 50% tariff on American imports, bringing the total tariff burden on U.S. goods to 84%. The move comes in direct response to President Donald Trump’s latest tariff hike, which raised duties on all Chinese imports to an […]
•The Agreement Comes Without Debt Write-Down •Restructuring Agreement Offers Temporary Relief but Highlights Deeper Financial Challenges Ethiopia has secured additional time to repay its mounting sovereign debt under a preliminary restructuring agreement with its official creditors, though the deal stops short of reducing the overall debt burden. The announcement, made by William Roos, co-chair of […]
Isiolo County, Kenya, recently welcomed a high-profile delegation from the World Bank and its partner organizations to assess the progress of the Financially Locally Led Climate Action (FLLoCA) program. The initiative aims to enhance climate resilience through sustainable water solutions and strategic climate adaptation measures, ensuring the region is well-equipped to tackle climate-related challenges. Commitment […]
•Wilson Maina Mwangi’s Value-Addition Breakthrough Mitigates Post-Harvest Losses for Farmers Mathioya, Murang’a County| In an innovative move to reduce post-harvest losses and maximize the economic potential of avocados, 30-year-old entrepreneur Wilson Maina Mwangi has pioneered a system that transforms raw avocados into high-value skincare oil. His initiative has provided a sustainable solution for farmers while […]
•Banking Giant Strengthens Presence in Kiambu’s Thriving Economic Hub NCBA Group has officially launched its newest branch in Tatu City, Kenya’s premier Special Economic Zone (SEZ), marking a significant expansion of its presence in Kiambu County. The new branch is the seventh in the region, following the establishment of outlets in Githunguri and Limuru last […]
As Africa continues to experience economic growth, urbanization, and infrastructural development, the real estate sector has emerged as one of the continent’s most promising investment opportunities. With rising demand for residential, commercial, and industrial properties, several African nations are attracting local and international investors looking for high returns. Based on market trends, government policies, economic […]
•A Cultural Shift in Northern Kenya For decades, morans—young warriors from pastoralist communities in Northern Kenya—were synonymous with banditry, cattle rustling, and violent highway attacks. Rooted in tradition, these warriors spent much of their time in the bush, isolated from mainstream society, adhering to the deeply ingrained practice of raiding livestock from rival communities. However, […]
A growing number of Tesla owners appear to be rebranding their electric vehicles with badges from Toyota, Mazda, Honda, and Audi—possibly in an effort to avoid vandalism and public hostility linked to Elon Musk. Photos circulating on social media, particularly on Reddit, show Tesla vehicles with altered logos, sparking widespread speculation about the motivations behind […]
