Economy - News Light Kenya

Kenya Pushes Productivity Reforms

  Kenya is intensifying efforts to improve productivity in the public service, with leaders pushing for a stronger link between government spending and measurable service delivery outcomes. The discussions are taking place during the National Productivity and Performance Conference 2026, held in Nairobi and bringing together officials from the National Treasury, county governments, and the…

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From Abroad to the Village: How Remittances Are Transforming Lives in Rural Kenya

Professor Benjamin Muchiri, Kenya National Bureau of Statistics Director of microeconomic Statistics speaking during  the launch of the 2025 Remittances Household Survey on June 16, 2026 in Nairobi  Money sent home by Kenyans living abroad is increasingly becoming a vital source of support for families, helping pay for education, healthcare, food and investments while contributing…

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Africa Pushes for Home-Grown Financing to Reduce Dependence on Foreign Debt

Principal Secretary for Economic Planning Boniface Makokha speaking during the launch of Africa Capital Week in Nairobi on Monday June 15, 2026. Photo courtesy/Winnie Atieno  African leaders, policymakers and financial experts are increasingly calling for the continent to finance its own development by mobilizing local capital and reducing reliance on costly foreign borrowing. The discussion…

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Wandayi Unveils Energy Relief Measures as Manufacturers Push Back on Rising Cost

CS Opiyo Wandayi at a previous event. Photo/File Energy and Petroleum Cabinet Secretary Opiyo Wandayi has announced a raft of measures aimed at lowering the cost of doing business, including reduced electricity charges and a planned cut in diesel prices, following concerns from manufacturers over rising production costs and declining competitiveness. The interventions emerged after…

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Mombasa Cement Ltd, Athi River Plant crowned overall winner at the 2026 Energy Management Awards

Kenyan manufacturers and businesses demonstrating excellence in sustainability, energy efficiency and green industrialization were celebrated at the 2026 Energy Management Awards (EMA), with Mombasa Cement Ltd Athi River Plant emerging as the Overall Winner in a competition that highlighted the growing shift by industry toward cleaner and more efficient production systems. The awards, organized by…

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Manufacturers Push for Faster Shift to Clean Energy Amid Rising Production Costs

Manufacturers have called for accelerated adoption of clean technologies, affordable energy solutions and stronger public-private collaboration to cushion industries from rising operational costs linked to volatile fuel prices, expensive electricity and global supply chain disruptions. The calls were made during the Clean Energy Conference and Expo held at the Sarit Expo Centre under the theme…

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KAM Statement on the Increase in the Cost of Fuel

18th May 2026 Kenya Association of Manufacturers (KAM) expresses deep concern over the sharp increase in fuel prices announced by the Energy and Petroleum Regulatory Authority (EPRA) on 14th May 2026. Fuel prices now stand at KSh 214.25 for Super Petrol, KSh 242.92 for Diesel, and KSh 152.78 for Kerosene, the highest ever, in Kenya’s history. Between…

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Murkomen tells Uhuru to step back from politics, focus on statesmanship

Interior and National Administration Cabinet Secretary Kipchumba Murkomen has urged former President Uhuru Kenyatta to keep off active politics and instead play a statesman role by offering guidance and counsel to the country’s leadership. Speaking on today during a church service at Presbyterian Church of East Africa Ngaini in Mathira, Nyeri County, Murkomen said former…

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KAM Calls for Peaceful Protests Amid Fuel Cost Concerns

  The Kenya Association of Manufacturers (KAM) has urged Kenyans to exercise restraint and uphold peace during planned demonstrations over the rising cost of fuel, even as concerns over the high cost of living persist. In a statement issued Monday, KAM acknowledged public discontent following the recent fuel price review by the Energy and Petroleum…

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Kenya Ports Set for Surge as 49 Vessels Dock, Livestock Exports Resume at Mombasa

The Kenya Ports Authority has scheduled 49 cargo vessels to call at the Port of Mombasa and Port of Lamu over the next two weeks, underscoring sustained maritime activity at the country’s key trade gateways. The steady stream of vessel traffic signals resilience in regional and international trade flows, even as the global shipping industry…

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