KRA makes two appointments to key leadership positions
KRA Commissioner General Githii Mburu confirmed the appointments and pointed out that they are pillar positions in the Organization.
Category Economy
Sanlam Kenya maintains positive outlook ahead with Covid impact forecasted to dissipate
Overall, Sanlam's Gross premium income increased by 24.4 % to Kshs 8.69 billion up from Kshs 6.99 billion posted the previous year due to growth in both the long and short-term insurance businesses. The firm's total income accelerated to Kshs 9.42 billion up from Kshs 8.89 billion recorded in 2019, representing a 6% growth.
Manufacturers urge Government to harmonize laws to drive competitiveness
KAM Launched Regulatory Audit Report as they called for the involvement of the business community in the formulation of laws, regulations and policies, by both levels of government. The Regulatory Audit Report highlights some of the regulatory challenges facing industry at both national…
TVET – AN ANSWER TO YOUTH UNEMPLOYMENT
Kenya has developed a robust TVET System, which if well implemented, within the Competence Based Education and Training (CBET) Framework, will Equip Youth for the Job Market, or for Entrepreneurship.
Solve Port challenges to reduce Business Costs
An analysis by Kenya Association of Manufacturers (KAM) on the sector’s competitiveness indicated that manufacturing is at a 12.8% cost disadvantage. Specifically, port and transport charges and logistics turnaround time account for a 2% cost disadvantage.
Standards Council lines up Grassroot visits to promote quality policies
KEBS is one of the Agencies in the Multi-Agency Team constituted under the President's Office to fight illicit trade. As currently structured, KEBS has been instrumental in supporting the Multi-Agency Team activities through Standardization, Metrology and Conformity Assessment.
750 Youth-led Enterprises to get KShs 1.3B in Grants from Government
750 young entrepreneurs will get a financial boost to their businesses after emerging winners in the just concluded MbeleNaBiz Business Plan competition organized by the Ministry of ICT Innovation and Youth Affairs under the Kenya Youth Enterprise and Opportunities Project.
HF partners Interswitch to launch diaspora money transfer product
HF Group announced its partnership with Interswitch Group to expand its digital banking services to include International Money Transfer (IMT), which will enable people in the diaspora to remit funds seamlessly into any HF account. The product also provides a simplified channel for customers to make their loan/mortgage payments.
Nyamakima, Gikomba traders turn to Nairobi Cargo Deconsolidation Centre for goods clearance
With handling capacity improvements and support by KRC, the NCDC is now delivering cargo imported through Mombasa’s port in approximately 15 hours. Since its launch, the facility has so far served more than 200 traders. In the last three months,…
Build skills to promote inclusive manufacturing
While women represent one of the significant pools of untapped talent for manufacturers, closing the skills gap is key to closing the manufacturing sector’s gender gap that has limited businesses’ ability to evolve and expand.