Sofia Ali

Loan defaults drop to 933,000 on new State regulations

By Sofia Ali   2024-08-06 17:00:00

Kenya’s credit market has seen negative credit listings drop from 2.2 million in 2019 to about 933,000 in 2023, a new study shows.

Kenya, US negotiate new trade partnership as Agoa nears end

By Sofia Ali   2024-08-10 07:08:38

Agoa is set to expire in September 2025 with countries keen on new partnership.

First Assurance launches mental health insurance product for MSMEs

By Sofia Ali   2024-08-16 20:19:50

First Assurance Company, a member of the Absa Group, has unveiled an insurance product aimed at addressing the growing mental health crisis.

Stanbic Bank and Kisii County launch digital skills programme

By Sofia Ali   2024-08-18 14:30:21

Kisii County Government and Stanbic Bank Kenya have launched a digital skills programme aimed at empowering the region’s youth, women, and small businesses.

High-level EU trade mission to visit Kenya next month

By Sofia Ali   2024-08-20 20:09:25

The mission is aimed at establishing the operational framework for the Economic Partnership Agreement (EPA) signed in 2023, which took effect in July.

Miano says KWS rangers deserve better working conditions

By Sofia Ali   2024-08-22 15:02:56

Tourism CS Rebecca Miano has underscored the importance of improving the working conditions and welfare of KWS personnel.

Quickmart celebrates 18 years of growth

By Sofia Ali   2024-08-23 21:52:00

Quickmart is planning regional expansion into neighbouring Uganda and eventually the Democratic Republic of Congo.

Kenya on the world map as female central bank governors rise

By Sofia Ali   2024-09-04 00:00:00

The number of women holding governor roles at central banks increased to 29 this year from 23 last year, according to a recent report.

Kenya, UK to build Sh1 billion macadamia factory in Lamu

By Sofia Ali   2024-09-04 18:15:54

Kenya and the UK plan to build a $10 million (Sh1.3 billion) macadamia processing factory in Lamu.

EU reassures Kenya on 'win-win' EPA trade deal after rollout

By Sofia Ali   2024-09-09 15:28:19

Kenya and European Union have renewed their commitment to the full implementation of the EU-Kenya Economic Partnership Agreement

NCBA splashes Sh6.5B to fortify its cybersecurity infrastructure

By Sofia Ali   2024-09-10 21:00:17

NCBA hosted its sacco banking division customers in a forum aimed at guiding them to strengthen their defences against the escalating wave of cyber-attacks.

State roots for maritime workers' rights, fair pay

By Sofia Ali   2024-09-18 18:27:37

The government has committed to safeguarding maritime workers’ rights, including fair wages.

Kenya, Ghana commit to improve trade relations

By Sofia Ali   2024-10-15 18:28:20

Floice Mukabana, CEO of Kenya Export Promotion and Branding Agency, said there is need for direct flights between Nairobi and Accra to further facilitate trade.

Nairobi to host world trade chambers summit

By Sofia Ali   2024-10-17 16:33:27

Nairobi has been chosen as the host city for the World Chambers Federation Africa Summit 2025, marking a historic moment as Africa prepares to take the lead in global economic discussions.

Real estate stakeholders call for reforms to boost sector

By Sofia Ali   2024-10-22 15:47:01

Construction industry stakeholders are calling for policy reforms to address issues that are hindering the sector’s growth, including double taxation and the lack of a cohesive regulatory body.

Kenya's grey list status a threat to economy, job creation, say CEOs

By Sofia Ali   2024-12-03 18:52:00

Increased flow of illicit funds within the country’s financial system contributed to Kenya being put on the Financial Action Task Force grey list early this year.

Germany's Bavaria State opens Nairobi office to foster trade ties

By Sofia Ali   2024-10-31 19:07:11

The Bavarian State government has inaugurated a representative office in Nairobi, Kenya, with the goal of strengthening economic relations between Bavaria and Africa.

Calls for reforms in Kenya's insurance and pensions sector

By Sofia Ali   2024-10-31 19:13:09

Financial services firm Zamara has called for urgent reforms, particularly in insurance costs and retirement regulations.

State reviews laws to improve business operating environment

By Sofia Ali   2024-11-05 23:30:06

The Bills are designed to enhance the performance of the State Department for Industry through a series of key reform proposals.

Solar conference to boost Kenya as renewable energy hub

By Sofia Ali   2024-11-11 12:57:05

The Powerelec Kenya 2024 conference will focus on solar energy, renewable solutions, and grid flexibility and will feature an exhibition of cutting-edge technologies.