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Business

Global fertiliser spike threatens to lift Kenya’s food bills
Business

Global fertiliser spike threatens to lift Kenya’s food bills

According to the World Bank’s October 2025 Commodity Markets Outlook, fertiliser prices have climbed by roughly 19 to 21 percent compared to the same period last year. Unlike energy, metals and food commodities that are showing signs of easing, fertiliser costs continue to move upward, creating a worrying gap for food-producing nations that rely heavily on imports.

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Kenya–UK trade reaches historic Sh340 billion mark
Business

Kenya–UK trade reaches historic Sh340 billion mark

The report highlights that the surge was driven by a notable increase in both exports and imports. UK shipments to Kenya rose by eight percent, while Kenya’s exports to the UK expanded by 14 percent. During this period, Kenya exported goods valued at Sh63 billion (£371 million) and services worth Sh71.5 billion (£421 million) to the UK.

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Government unveils fresh Sh175bn bond to clear road debts and revive works
Business

Government unveils fresh Sh175bn bond to clear road debts and revive works

Treasury Cabinet Secretary John Mbadi said the bond issue will build on a bridge financing programme worth Sh104 billion that government completed recently to help ease liquidity pressures faced by road firms. Out of that amount, Sh93 billion has already been distributed to contractors, allowing many stalled projects to resume and speeding up work at sites that had nearly been abandoned.

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Sh153bn state loans raise alarm as audit exposes repayment failures
Business

Sh153bn state loans raise alarm as audit exposes repayment failures

The Auditor-General’s report, submitted to the National Assembly Committee on Public Debt and Privatisation, revealed that several loans were issued without involving the Department of Government Investment and Public Enterprises, which is mandated to participate in the lending process.

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Tribunal rules switching services exempt from VAT in blow to KRA
Business

Tribunal rules switching services exempt from VAT in blow to KRA

The judgment arose from a case filed by Kenswitch, which was contesting a Sh41.6 million VAT demand on income earned from switching fees. Kenswitch manages interbank ATM and point-of-sale connectivity, allowing cardholders to access banking services across different institutions. The tax agency insisted that the firm’s income was tied to technology services and should attract VAT.

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State moves to expand coffee growing into new counties
Business

State moves to expand coffee growing into new counties

The State has created national and county teams to oversee a two-year plan that seeks to recover land lost to real estate, macadamia and avocado farming, and revive interest among smallholders who over the years abandoned coffee due to low earnings.

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Kenya launches geothermal fertiliser plant to cut import strain
Business

Kenya launches geothermal fertiliser plant to cut import strain

Fresh data shows fertiliser imports have eased for a second year after record levels in 2023. Between January and June this year, imports reached 443,701 tonnes valued at about Sh25.63 billion, slightly lower than the 445,857 tonnes worth Sh27.71 billion recorded in the same period last year. The decline extends the drop from the 2023 peak of 629,566 tonnes valued at Sh44.8 billion, a two-year contraction of roughly one-third in quantity and more than two-fifths in value.

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