Trade finance access widens for Kenyan farmers, traders

KNCCI and Co-operative Bank have expanded trade finance for farmers, cooperatives and MSMEs. The partnership will support export financing, market access and business growth. Plans are underway to scale financing to Ksh5 billion. Limited access to affordable trade finance continues to prevent thousands of Kenyan farmers, cooperatives and micro, small and medium enterprises (MSMEs) from…

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Council of Governors (CoG) Chair Ahmed Abdullahi. Photo courtesy

Agriculture drives Kenya’s economy as counties report record farm output

Agriculture’s GDP share rose to 23.2 per cent, with output valued at Ksh 4.07 trillion. Horticulture, coffee, tea and milk posted strong growth, while wheat and sugarcane output declined. Counties want more funding for irrigation, mechanisation and value addition. Agriculture remained the backbone of Kenya’s economy in the last financial year, with the sector’s share…

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Kenya assembles top scholars to draft post-Vision 2030 roadmap

President Ruto assembled a team of top scholars to draft Kenya’s post-Vision 2030 development plan beyond political election cycles. The blueprint focuses on driving industrial expansion, creating jobs for youth, and advancing digital economic growth. Success relies on strong governance, public participation, and realistic timelines to bridge past implementation gaps. Kenya is preparing to enter…

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Gov’t payment delays push Kenyan SMEs to alternative financing

Government pending bills rose to Ksh 465.87 billion by March 2026, worsening cash flow challenges for SMEs supplying public institutions. Delayed payments are forcing many SMEs to rely on trade finance and short term borrowing to meet payroll, pay suppliers and sustain operations. Kenya’s rising government pending bills are pushing small and medium-sized enterprises (SMEs)…

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Business stakeholders during an awards ceremony by Dependable Brands in Nairobi. Photo/courtesy

Business stakeholders call for political tolerance ahead of 2027 elections

Business leaders warn political tensions are hurting investor confidence. They urged peaceful politics to protect businesses and jobs. Stakeholders also called for tax relief to spur business growth. Stakeholders in the business sector have sounded alarm over confrontational politics being witnessed across the country, saying the country’s economic stability is at peril ahead of next…

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Del Monte Kenya’s quiet economic footprint: Report shows 19,820 jobs and a wage premium above sector average

Del Monte Kenya supports an average of 19,820 jobs annually, with nearly 80,000 livelihoods sustained through its direct and indirect employment ecosystem. The company paid average annual wages of Ksh462,240 between 2015 and 2024, about 32 per cent higher than the formal private agricultural sector average. Its economic impact extends through transport, logistics, suppliers and…

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