With small- and large-scale farming alike helping to drive growth, agriculture is big business in Kenya. The country shows immense potential for companies offering agricultural coverage. The sector contributes around 30% to GDP, and six out of 10 Kenyans depend on farming, livestock and fisheries, according to the World Bank. “The main...
There has been a re-emergence of political noise that has brought to the fore protectionism rhetoric, exemplified by the UK’s referendum on EU membership and the presidential election victory of Donald Trump in the US. The twin events foregrounded a nascent populism that may gain further momentum in the forthcoming elections in Europe.
Under the auspices of the overarching Vision 2030 economic development plan, industrialisation remains a top priority for the Kenyan government, with the sector recording steady growth in 2015 against a backdrop of falling energy and input prices, lending an optimistic outlook for 2017 and beyond. The food and beverage segment continues to...
Kenya is a constitutional democracy with a multi-party political system. In 2008 the government launched Vision 2030, a development blueprint for the country with the aim of turning Kenya into a middle-income economy by 2030. Vision 2030 is based on three pillars, namely an economic pillar, a social pillar and a political pillar. The economic...
The retail sector in Kenya is benefitting from rising middle-class purchasing power, robust macroeconomic growth and a surge of investment in high-end formal retail space, with a host of foreign retailers, brands and producers entering the market. Although well-entrenched local players remain dominant in the supermarket segment, the entrance...
Annual bond turnover surged by 42% in 2016 to reach KSh434.7bn ($4.2bn), up from KSh306.2bn ($3bn) in 2015. The highest trading level was recorded in the second quarter, at KSh144.2bn ($1.4bn), on the heels of significant government security redemptions and government borrowing over the period. The heightened activity coincided with the “...
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