The Central Bank of Kenya (CBK) Governor Kamau Thugge has downplayed the potential impact of the proposed 10 percent tariff hike on Kenyan exports to the United States, stating that it is “unlikely to affect the economy.” Thugge specified that “Kenya exports goods worth approximately $650 million to the US annually, and even in an extreme scenario, the country could lose about $100 million in export earnings due to the tariff increase.” During the post-MPC meeting on Wednesday, April 9, 2025, Thugge elaborated, “While that’s a notable amount, it remains relatively small compared to our GDP of over $122 billion,…
Author: Muindi
Muindi
Experience working on communication and marketing departments and in the broadcast industry. Interested in sustainable development and international relations issues.
The Gates Foundation (formerly the Bill & Melinda Gates Foundation) has announced its withdrawal from a controversial Host Country Agreement with Kenya that granted it diplomatic privileges and immunities. This decision follows legal challenges and public scrutiny that began after the agreement was formalized through Legal Notice 157 of 2024, published in the Kenya Gazette on October 18, 2024, and commenced on October 4, 2024. In June 2024, President William Ruto’s cabinet approved the establishment of the Gates Foundation’s operations in Kenya, citing its potential to support the administration’s healthcare goals and incentivize investment. This decision was followed by the…
Kenya’s private sector activity expanded at its fastest rate in ten months in March, with the Stanbic Bank Kenya Purchasing Managers’ Index (PMI) rising to 51.7 from 50.6 in February. This was the highest reading since May 2024, indicating growth (readings above 50.0). The improvement was driven by robust increases in output and new orders across most sectors, particularly services, wholesale, and retail. However, the manufacturing sector experienced a contraction in demand. Economist Christopher Legilisho of Stanbic Bank noted the widespread expansion, contrasting it with the soft demand in manufacturing. The March 2025 PMI also showed a year-on-year increase of…
Shujaa lost 21-12 to Fiji in the Singapore Sevens final, their first loss since 2021. Despite the strong finish in the sixth and final regular season leg, Kenya missed the top eight and will now compete in a relegation playoff in Los Angeles on May 3-4. Shujaa will battle the bottom three core teams and the top four from the Challenger Series for four coveted spots in the World Rugby Sevens Series.
The United States has implemented a 10% import tariff on goods from Kenya, among 185 other countries, through a new executive order. This policy, signed by the US President, aims to bolster domestic manufacturing and enforce fair trade practices. US President, Donald Trump, has announced sweeping reciprocal tariffs including the 10.0% baseline tariff applying to economies such as Kenya. To make sense of what this means for Kenya, we need to understand what are Donald Trump’s demands regarding Kenya from a tariff… pic.twitter.com/pDojOm6rHe — Julians Amboko (@AmbokoJH) April 3, 2025 Kenya’s Foreign Affairs Principal Secretary, Korir Sing’oei, noted that the…
GardaWorld Security has rebranded its Kenyan subsidiary, KK Security Ltd., to GardaWorld Security–Africa, aligning local operations with its global brand and signaling an expanded commitment to the East African private security sector. This rebranding follows GardaWorld’s January acquisition of Doctor No Parent Limited, KK Security’s parent company, for an undisclosed sum. GardaWorld has invested in technology-driven security solutions, including an upgraded National Security Operations Centre (NSOC) in Nairobi, featuring AI-powered remote monitoring, real-time tracking, and a comprehensive mobile response network. “Our brand evolution reflects our expanded service offering, combining local knowledge with global strength,” said Rishi Ahluwalia, GardaWorld’s country director…