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Business

Kenya Mandates e-Procurement System to Overhaul Public Spending

The National Treasury has enforced the exclusive use of a new Electronic Government Procurement (e-GP) system for all public entities from July 2025, a move aimed at sealing corruption loopholes and enhancing transparency over billions of shillings in taxpayer funds.

SOStreamline Official

Nov 4, 2025

Business

Liberty Kenya Launches 'Boresha Maisha' to Tackle Pension Gap

The new 'Boresha Maisha' scheme targets millions in Kenya's informal sector, aiming to boost low national savings rates and provide a crucial retirement safety net where one has largely been absent.

SOStreamline Official

Nov 4, 2025

Business

Mwalimu Sacco Partners with Pesalink for Instant Member Payments

The partnership enables instant fund transfers up to KSh 999,999 for teachers and associated workers, marking a significant step in digitizing Kenya's cooperative financial sector.

SOStreamline Official

Nov 4, 2025

Business

Global Tech Rally, US Rate Path Stir Kenyan Market Caution

International market volatility, driven by a frenzied tech rally and uncertain US interest rate policy, presents a mix of opportunities and significant risks for the Kenyan shilling, foreign investment, and the Nairobi Securities Exchange.

SOStreamline Official

Nov 4, 2025

Business

Counterfeit Trade Costs Kenya Sh800 Billion Annually, ACA Reports

New data from the Anti-Counterfeit Authority reveals illicit trade wipes out nearly 9% of Kenya's GDP, threatening public health, jobs, and hampering the nation's economic growth.

SOStreamline Official

Nov 4, 2025

Business

Domestic Debt Overtakes Foreign Loans in Kenya's Sh12 Trillion Burden

A pivotal shift in government borrowing now sees local lenders holding the majority of Kenya's public debt, raising critical questions about credit access for the private sector and the long-term cost of financing the state.

SOStreamline Official

Nov 4, 2025

Business

Tanzania's Economic Woes Offer Sobering Lessons for Kenya

As Tanzania confronts rising public debt and a persistent cost of living crisis, its economic struggles provide a critical case study for Kenya on balancing major infrastructure projects with fiscal stability and managing public discontent.

SOStreamline Official

Nov 4, 2025

Business

Starbucks Sells Control of China Unit for $4 Billion

The deal with private equity firm Boyu Capital marks a strategic retreat for the coffee giant in its second-largest market, signaling intense competition and shifting consumer tastes that could influence global coffee trade dynamics, including for Kenyan exporters.

SOStreamline Official

Nov 3, 2025

Business

Canada's 'Sacrifice' Budget Poses Risk to Kenyan Aid and Trade

Ottawa's new austerity budget, aimed at averting a domestic recession, could trigger cuts to foreign aid and investment, impacting key development partnerships and trade relations with Kenya.

SOStreamline Official

Nov 3, 2025

Business

Elgeyo Marakwet Mudslides: Death Toll Reaches 30, 19 Still Missing

A series of devastating mudslides in Elgeyo Marakwet County has claimed at least 30 lives, with rescue operations ongoing for 19 missing people. The tragedy highlights the region's acute vulnerability to climate shocks and raises urgent questions about national disaster preparedness.

SOStreamline Official

Nov 3, 2025

Business

Shein's Paris Debut Sparks Global Outcry Over 'Ultra-Fast Fashion'

The Singapore-based retailer's first permanent global store opens amid fierce criticism of its labour and environmental practices, raising urgent questions for Kenya's own textile industry and its role as a major market for second-hand clothing.

SOStreamline Official

Nov 3, 2025

Business

US Fed Official Warns of Elevated Inflation, Citing Tariffs

A top US Federal Reserve official's forecast of sustained inflation could signal prolonged pressure on the Kenyan shilling, potentially increasing import costs and external debt servicing for Nairobi.

SOStreamline Official

Nov 3, 2025

News

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Kenya Mandates e-Procurement System to Overhaul Public Spending

Liberty Kenya Launches 'Boresha Maisha' to Tackle Pension Gap

Mwalimu Sacco Partners with Pesalink for Instant Member Payments

Global Tech Rally, US Rate Path Stir Kenyan Market Caution

Counterfeit Trade Costs Kenya Sh800 Billion Annually, ACA Reports

Domestic Debt Overtakes Foreign Loans in Kenya's Sh12 Trillion Burden

Tanzania's Economic Woes Offer Sobering Lessons for Kenya

Starbucks Sells Control of China Unit for $4 Billion

Canada's 'Sacrifice' Budget Poses Risk to Kenyan Aid and Trade

Elgeyo Marakwet Mudslides: Death Toll Reaches 30, 19 Still Missing

Shein's Paris Debut Sparks Global Outcry Over 'Ultra-Fast Fashion'

US Fed Official Warns of Elevated Inflation, Citing Tariffs

Kenya Mandates e-Procurement System to Overhaul Public Spending

Liberty Kenya Launches 'Boresha Maisha' to Tackle Pension Gap

Mwalimu Sacco Partners with Pesalink for Instant Member Payments

Global Tech Rally, US Rate Path Stir Kenyan Market Caution

Counterfeit Trade Costs Kenya Sh800 Billion Annually, ACA Reports

Domestic Debt Overtakes Foreign Loans in Kenya's Sh12 Trillion Burden

Tanzania's Economic Woes Offer Sobering Lessons for Kenya

Starbucks Sells Control of China Unit for $4 Billion

Canada's 'Sacrifice' Budget Poses Risk to Kenyan Aid and Trade

Elgeyo Marakwet Mudslides: Death Toll Reaches 30, 19 Still Missing

Shein's Paris Debut Sparks Global Outcry Over 'Ultra-Fast Fashion'

US Fed Official Warns of Elevated Inflation, Citing Tariffs