The country’s more than a dozen power producers generated 1.165 billion units of electricity last month.

This is the first time that Kenya’s exports have declined in four years.

The value of money that was transacted in these deals went up to Sh788.35 billion in December, up from Sh707.55 billion in the previous month.

Government ministries, departments, and agencies (MDAs) and county governments are the main defaulters on power bills.

Milk purchases by processors remained at a high level throughout last year due to increased production by dairy farmers.

Onion prices have remained elevated over the past year due to a local shortage of the vegetable.

Diaspora remittances have grown rapidly in recent years to become the country’s main source of foreign exchange, surpassing domestic exports such as tea, coffee and flowers, as well as tourism.

Kenya received 1. 541 million tourists in 2022, according to the Kenya National Bureau of Statistics (KNBS), meaning the arrivals in 2023 hit 2.003 million.

These knockoffs are often cheaper than genuine phones which makes them especially attractive to cost-conscious buyers.

Despite increased earnings from horticulture exports, the government says the sector still faces some challenges.

The region’s consumption is the third highest in the country, following Nairobi, which has the highest at 4,346GWh, or 45.5 per cent of the total sold by the utility.

The total outstanding loans that banks have disbursed to the private sector grew from Sh3.43 trillion in December 2022 to Sh3.91 trillion in December 2023.

The significant decrease in imports marks a major reversal from 2022 when imports went up by 7.3 percent which was driven by high demand.

The licensing and establishment of roadside stations is one of the strategies by KeNHA to diversify its revenue streams.

There renewed increase in the hiring of new workers by private firms was due to the improved economic conditions.

This is the first time new wagons have been added since the launch of the SGR in May 2017.

Upperhill recorded the fastest increase in apartment rent prices at 5.5 per cent, followed by Parklands which grew by 5 per cent.

Masinga, Kamburu, Gitaru, Kindaruma, and Kiambere dams have filled up sufficiently, enabling the generation of more hydropower.

Land prices in these suburbs increased by 3.3 per cent between October and December 2023.

Funding from the kitty has been key in sustaining the operations of security operations in countries facing security challenges.

The last time Kenya imported as much sugar was in March 2023, when imports of the sweetener hit 93,880 tonnes.

CBK last year granted Safaricom, Telkom and Airtel approvals to increase the daily money transaction and account limits.

The web application attacks were targeted at systems regarded as holding sensitive data, such as user credentials used to authenticate systems, financial data, and public services.

The aflatoxin decontamination plants have been installed at NCPB’s depots in Bungoma and Nairobi.

This is an increase from the Sh2.73 billion that the county collected during the same period in the previous financial year.

Refrigerators, paperboard and steel products are some of the goods that Kenya is set to receive from South Africa for the first time under the African Continental Free Trade Area (AfCFTA) deal.

Ethiopia’s wealth will grow 75 per cent between 2023 and 2024, according to the inaugural BRICS Wealth Report released Wednesday by London-based investment migration consultancy Henley & Partners.

The move makes South Africa the latest country to start trading under AfCFTA, a deal that seeks to create a single market for the continent’s 1.3 billion people.

The increased M-Pesa usage earned Safaricom Ethiopia Sh44.9 million in revenue in the period between mid-August and the end of December.

The IPF says this decline in development aid to Kenya is set to continue because rich countries are diverting their attention to countries considered to be least developed.

The increase in power prices is a blow, especially for poor Kenyans struggling to keep up with the high cost of living.

"Police in Embakasi, Nairobi, confiscated contraband milk valued at Sh3 million on Thursday in an effort to enhance food safety.

Kenya is one of four countries likely to be the first beneficiaries of an African Development Bank-funded (AfDB) project.

Data from the Kenya National Bureau of Statistics shows that Kenya exported goods worth Sh16.77 billion to Somalia in the nine months to September 2023.

The money, under the Hunger Safety Net Programme (HSNP), is for the arid and semi-arid counties of Turkana, Wajir, Mandera, Marsabit, Garissa, Tana River, Isiolo and Samburu.