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Featured Articles and Analysis

Kenyans With Deposits in Collapsed Banks to Receive Higher Compensation

The Treasury is proposing changes to the KDIC Act to allow depositors to receive up to Ksh500,000 per account, instead of per individual, in case of a bank collapse. Kenya’s exports to the US rebounded by 22.8% to Ksh72.96 billion in 2024, driven by strong apparel and textile demand, despite uncertainty over the renewal of Agoa.

New Graduates’ Salaries Report Sends HELB Back to the Drawing Board

Graduates take approximately five years before getting meaningful employment and some earn as low as Ksh6,000 according to a HELB report. Higher Education Loans Board (HELB) CEO Geoffrey Monari has revealed that 35.2 percent of loan beneficiaries have defaulted on their payments.

Parts of Mombasa Port to be Handed Over to the Private Sector in 30 Year Leases

The Treasury has revived plans to lease Kenya Ports Authority (KPA) assets, including the Lamu Port Container Terminal and multiple berths at the Mombasa Port, to private investors. EPRA shut down nine fuel stations for selling adulterated fuel and diverting export-bound petroleum for local sale.

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