4 d. ago East Africa private sector lobby criticises Kenya trade deals

East Africa private sector lobby criticises Kenya trade deals  The EastAfrican

Politics

6 d. ago CBK Cuts Lending Rate to 9.75%, First Time Below 10% in Two Years

The Central Bank of Kenya (CBK) has lowered its benchmark lending rate to 9.75 percent, stepping up efforts to make loans more affordable and energize the economy. This is the first time in two years that the rate has returned to single digits, signaling a turning point in the country’s monetary policy. Announced on June 10, 2025, the 25 basis point cut – down from 10 percent – comes as part of CBK’s broader strategy to support private sector lending and ease the cost of credit. It also marks the sixth consecutive reduction by the bank’s Monetary Policy Committee (MPC), The post CBK Cuts Lending Rate to 9.75%, First Time Below 10% in Two Years appeared first on Nairobi Wire.

Politics

2 w. ago Kenya private sector activity contracts for first time in seven months, PMI shows

Kenya private sector activity contracts for first time in seven months, PMI shows  Reuters

Politics

2 w. ago Kenya's Sector Slowdown Hits Private Activity For The First Time In Months

Kenya's Sector Slowdown Hits Private Activity For The First Time In Months  Finimize

Events

3 w. ago World Bank cuts Kenya’s growth forecast on debt, private sector squeeze

World Bank cuts Kenya’s growth forecast on debt, private sector squeeze  The EastAfrican

Economics

3 w. ago World Bank cuts Kenya’s 2025 growth forecast as private sector squeezed By Reuters

World Bank cuts Kenya’s 2025 growth forecast as private sector squeezed By Reuters  Investing.com

Politics

3 w. ago World Bank cuts Kenya's 2025 growth forecast as private sector squeezed

World Bank cuts Kenya's 2025 growth forecast as private sector squeezed  Reuters

Politics

3 w. ago Late Payment of Medical Cover Contributions Attracts Heavy Fines and Jail Terms, SHA Warns

The Social Health Authority (SHA) has directed all employers across Kenya to comply with mandatory medical cover contributions under the Social Health Insurance (SHI) Act, 2023. In an official notice, the Authority reminded employers of their legal duty to register with SHA and remit contributions on time. The SHI Act requires all employers—including those in national and county governments and the private sector—to register with the Authority, enroll their employees and dependents, and submit monthly payments to the Social Health Insurance Fund. “Employers must enroll all staff in the SHA system, keep their details updated, and encourage them to register their dependents,” the notice stated. SHA also warned employers about The post Late Payment of Medical Cover Contributions Attracts Heavy Fines and Jail Terms, SHA Warns appeared first on Nairobi Wire.

Events

3 w. ago Kakamega Gold Refinery Nears Completion as DP Kindiki Pushes for August Deadline

The government is nearing completion of a gold refining plant in Kakamega County, with Deputy President Kithure Kindiki confirming that the project will be ready by August 2025. During a site inspection in Ikolomani—an area known for its rich gold deposits—Kindiki described the refinery as a game changer for Kenya’s mining sector. He emphasized its potential to transform the lives of thousands of artisanal miners who continue to operate under risky and unregulated conditions. “This is a flagship project by the government of Kenya, which we would like to be completed on time, so we want it to be completed on time so that we can begin processing gold here,” said The post Kakamega Gold Refinery Nears Completion as DP Kindiki Pushes for August Deadline appeared first on Nairobi Wire.

Events

4 w. ago Govt partnering with private sector to set up Sh5.8bn Kenya Gold Refinery

KAKAMEGA, Kenya, May 22 – Deputy President Kithure Kindiki says the government through the National Mining Corporation is partnering with the private sector to set up a Sh5.8bn Kenya Gold Refinery. Speaking in Kakamega, the deputy president indicated that the project is a first of its kind in the Country. He pointed out that the […] The post Govt partnering with private sector to set up Sh5.8bn Kenya Gold Refinery appeared first on The DailyMail- Kenya.

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