Kenyans have a talent for making technologies and new ways of doing business work where other markets have failed. Bancassurance – or collaboration and integration between banks and insurance companies – has been tried in many African markets. In Kenya it is increasingly central to insurance and has already driven a few high-profile takeovers...
Kenya has undergone a significant political and governance transformation over the last five years. New measures to encourage a more stable and democratic system have been ushered in, changing the way Kenyans are governed and how the different layers of administration interact. These structural alterations are good news for the country,...
The pilot phase of Kenya’s special economic zones (SEZs) is expected to be in force in the first quarter of 2016, after President Uhuru Kenyatta signed the law in September 2015. The government aims to set up the first three zones in Kisumu, Mombasa and Lamu. In June 2015 Cabinet Secretary of the National Treasury Henry Rotich stated in his...
Originally created in 1967, the EAC only took off at the turn of the century. It was moribund for two decades after collapsing in 1977. But since its revival in 2000, the body, which consists of Burundi, Kenya, Rwanda, Tanzania and Uganda, has taken great strides towards closer regional integration. Nairobi hopes that the regional body can...
The country’s bond market is the third-largest in sub-Saharan Africa after those of South Africa and Nigeria, with a trading volume of $70m-100m a day. However, during 2015 secondary trading has been slowing, largely due to changes in the economic environment and the lure of soaring interest rates for short-term debt instruments in the second...
The EAC, which comprises the member states Burundi, Kenya, Rwanda, Tanzania and Uganda, is one of the most integrated economic blocs on the continent, with intraregional trade accounting for roughly 30% of overall trade volumes – three times as much as the Economic Community of West African States or the Arab Maghreb Union in North Africa. The community has been pushing...
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