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Latest economy stories from across Kenya.

The Astonishing Value of Tusker Beer Brand
Business Today KenyaECONOMY

The Astonishing Value of Tusker Beer Brand

Kenya Breweries Limited’s flagship beer brand, Tusker, has been named the strongest and fastest growing brand in Kenya.

2 min read
Foreign Reserves Soar to $10.3 Billion, a Historic High, Says Ruto
Business Today KenyaECONOMY

Foreign Reserves Soar to $10.3 Billion, a Historic High, Says Ruto

President William Ruto has announced that Kenya’s foreign exchange reserves have reached an unprecedented $10.3 billion, equivalent to 4.6 months of import cover as of May 8, 2025. Speaking to the press at an event in Nairobi on Tuesday,…

1 min read
Embu Governor Vows to Fight Anti-Muguka Bill, Citing Economic Threat
Business Today KenyaECONOMY

Embu Governor Vows to Fight Anti-Muguka Bill, Citing Economic Threat

Governor Cecily Mbarire of Embu County has launched a fierce defence of muguka, a popular stimulant derived from the khat plant, as a proposed bill seeks to strip it from the country’s list of scheduled crops. The Anti-Muguka Bill,…

1 min read
Gachagua Calls for Immediate Release of Detained Activist Rose Njeri
Business Today KenyaECONOMY

Gachagua Calls for Immediate Release of Detained Activist Rose Njeri

Former Deputy President Rigathi Gachagua has called for the immediate release of activist and software developer Rose Njeri, arrested last week for creating an online platform urging Kenyans to oppose the controversial Finance Bill 2025.…

2 min read
Uganda, Rwanda Ahead of Kenya in Latest African Economic Outlook
Business Today KenyaECONOMY

Uganda, Rwanda Ahead of Kenya in Latest African Economic Outlook

While East Africa leads with a projected 5.9% growth in 2025-2026, the region will be driven by resilience in Ethiopia, Rwanda, and Tanzania, as Kenya continues to lag behind due a slowdown in growth, according to the latest African…

3 min read
Moi University Sacks Over 900 Staff in Drastic Cost-Cutting Move
Business Today KenyaECONOMY

Moi University Sacks Over 900 Staff in Drastic Cost-Cutting Move

Moi University, one of the country’s leading public universities, has terminated the contracts of more than 900 employees, citing severe financial constraints and the need to stabilise its operations. The Eldoret-based institution, which…

1 min read
Kenya’s Aviation Industry Lifts Economy and Employment
Business Today KenyaECONOMY

Kenya’s Aviation Industry Lifts Economy and Employment

The International Air Transport Association (IATA) has released the Value of Air Transport study for Kenya, quantifying the substantial benefits that aviation (including aviation-related tourism) generates in terms of jobs and economic…

2 min read
Kenya, Tanzania Deploy Science to Explore Blue Economy
Business Today KenyaECONOMY

Kenya, Tanzania Deploy Science to Explore Blue Economy

This approach is critical, especially as the region eyes the expansion of its blue economy—a sector that includes fisheries, maritime trade, offshore energy, and marine tourism.

3 min read
Cost of Unga: Agriculture CS Urges Calm as Maize Flour Prices Climb
Business Today KenyaECONOMY

Cost of Unga: Agriculture CS Urges Calm as Maize Flour Prices Climb

The Ruto administration called for calm on Monday as unga prices surged past Ksh160 for a two-kilogram pack in April, with warnings of further increases looming. A 2kg packet of grade one maize flour now costs an average of Ksh164, up from…

1 min read
Nationwide Livestock Vaccination Campaign Stalls Amid Funding Shortfall
Business Today KenyaECONOMY

Nationwide Livestock Vaccination Campaign Stalls Amid Funding Shortfall

A critical planned mass vaccination programme for livestock across all Kenyan counties has ground to a halt due to a severe funding shortage, threatening one of our country’s main agricultural sectors, senior agriculture officials and…

1 min read
NTSA Wins Case to Keep Acacia Shuttle SACCO Suspended
Business Today KenyaECONOMY

NTSA Wins Case to Keep Acacia Shuttle SACCO Suspended

The National Transport and Safety Authority (NTSA) has secured a legal victory, allowing it to maintain the suspension of Acacia Shuttle SACCO’s operating licence. The Transport Licensing Appeals Board (TLAB), the tribunal that hears and…

1 min read
Student Accommodation Provider Triples Profit
Business Today KenyaECONOMY

Student Accommodation Provider Triples Profit

Despite operating in a tough business environment, the ASA REITs have continued to demonstrate resiliency, underscoring the strength of their underlying assets and the robustness of the business strategy.

3 min read
CEOs: Why We Are Optimistic on Economic Growth
Business Today KenyaECONOMY

CEOs: Why We Are Optimistic on Economic Growth

A CEO Roundtable Meeting on East African Integration and Economic Outlook 2025 revealed that East Africa’s economy is projected to grow by 5.7% in 2025 an increase from 5.1% in 2024.

3 min read
Kenya Banks on Motorsports to Boost Tourism
Business Today KenyaECONOMY

Kenya Banks on Motorsports to Boost Tourism

The Kenya Tourism Board (KTB), the country’s state-owned tourism marketing body, said on Tuesday that it will tap into the growing motorsports enthusiasm in the East African region to increase visitor arrivals.

1 min read
Africa GDP Growth Projected to Hit 3.8% in 2025
Business Today KenyaECONOMY

Africa GDP Growth Projected to Hit 3.8% in 2025

Africa GDP growth is projected to rebound, reaching 3.8% in 2025 and 4.1% in 2026, a report by the United Nations Economic Commission for Africa (UNECA) has revealed.

1 min read