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Uganda Bankers Association says the country’s plan to grow GDP tenfold by 2040 hinges on blended finance and broad partnerships across agro-industrialisation, tourism, minerals, and science and technology.
The new routes will complement the Sh170 billion Rironi-Mau Summit dual highway, providing an additional corridor to ease traffic congestion along the Northern Corridor.
The exercise is aimed at improving the platform’s performance, speeding up transaction processing, and offering a more reliable experience for users.
Skyward Airlines has begun scheduled flights to Vipingo Ridge in a new partnership with the luxury coastal community, improving access to Kenya’s North Coast and supporting regional tourism and business travel.
The sustained record trade levels reflect a strong demand for Kenyan exports to the UK, particularly tea, coffee, and horticultural products known for their high quality.
Under the NYOTA Business Component, each youth entrepreneur received Sh25,000 in the first phase of the grant. From this amount, Sh22,000 was sent directly to the beneficiary’s Pochi la Biashara account to support business activities, while Sh3,000 was deposited into a Haba na Haba Savings Account managed by the National Social Security Fund.
The bankers recommended capping the highest PAYE rate at 30 per cent, in line with the 2023 National Tax Policy, while proposing a uniform five per cent reduction across all brackets.
Safaricom has declared an interim dividend of Sh0.85 per share for the year ending March 2026, payable to shareholders on record by February 25, 2026, underscoring its focus on returns and digital growth.
According to the statement released by Afreximbank on Wednesday, the move follows parliamentary approval in 2025 and formally brings Africa’s most industrialised economy into Afreximbank’s membership.
Data from TikTok shows that over 200 Kenyan creators collectively earned more than $350,000 (Sh45.1 million) in the year ending January 2026 through deals facilitated under TikTok’s business framework.
Mbadi said that mass demonstrations not only slow down business operations but also limit the government’s revenue collection, forcing it to borrow more at higher interest rates.
The authority also cautioned members of the public against dealing with SACCOs that are not licensed or authorised, noting that any such transactions would be done at personal risk.