Business - News Light Kenya

Nairobi to Host WCF Africa Summit 2025; Driving Trade, Investment, and Innovation

The World Chambers Federation (WCF), in partnership with the Kenya National Chamber of Commerce and Industry (KNCCI), is set to host the inaugural Africa Summit from April 9 to 11, 2025 with the aim of boosting trade, Investment and sustainable growth. The summit which will take place at the Kenyatta International Convention Centre (KICC) in Nairobi will bring together…

Read More

Joho Unveils New Investigative Arm to Tackle illegal mining.

The Ministry of Mining, Blue Economy and Maritime Affairs has launched an investigative arm in the Mining Police Unit (MPU) to fight against illegal resource exploitation and mining of minerals across the country and ensure compliance within the sector. This initiative underscores Kenya’s resolve to promote sustainable development and uphold justice in its resource management…

Read More

State Cracks Down on Illegal Mining in Taita Taveta County, Kenya

The State Department for Mining has ramped up efforts to curb illegal mining in Taita Taveta County, with Director of Mines Gregory Kituku leading an inspection of the region. The crackdown targets companies operating without valid permits, with two firms Universal Exploration Limited and Apple Mining Group ordered to cease operations immediately. Speaking at a…

Read More

CS Salim Mvurya Unveils Key Reforms to Bolster Kenya’s Business Environment

Speaking at a high-profile event on Thursday, the Cabinet Secretary for Investment, Trade, and Industry, Salim Mvurya, outlined his ministry’s initiatives aimed at fostering a conducive and competitive business environment. He emphasized the ministry’s commitment to ensuring businesses not only survive but thrive in Kenya. “In the last two years, we have actively engaged the…

Read More

Kwale County Receives Ksh 38.6 Million Investment in Healthcare

Over 177,000 residents in Kwale will benefit from a range of medical services following the launch of a newly renovated Maternal, Neonatal and Child Health(MNCH) facility and a free medical camp held by M-PESA Foundation. At Msambweni County Referral Hospital, the Foundation invested Ksh 32.6 million towards expanding the post-natal ward and the Kangaroo room,…

Read More

John Mwendwa Appointed as CEO of Kenya Investment Authority”

The Kenya Investment Authority (KenInvest) Board of Directors has announced the appointment of Mr. John Mwendwa,as its new Chief Executive Officer, effective January 2025. KenInvest, a statutory body established in 2004, plays a pivotal role in promoting and facilitating investments in Kenya. Mr. Mwendwa’s appointment comes at a crucial time as the Authority continues to…

Read More

ABAK Appeals to National Assembly to Reject New EPR Regulations

The Alcoholic Beverages Association of Kenya has asked Parliament to reject a set of new regulations that, if implemented, could increase the cost of production by 70 per cent. ABAK said the Sustainable Waste Management (Extended Producers Responsibility) Regulations 2024 (EPR Regulations) would end up causing more harm and derail progress made in sustainable waste…

Read More

Infinity Industrial Park Poised to Boost Regional Economy and Drive Transformation

A site visit to the 200-acre Infinity Industrial Park, a Special Economic Zone (SEZ) recently approved for gazettement, highlighted its potential to become a key industrial and logistics hub,with the aim of driving local industrialization and fostering economic growth. The park is poised to create 25,000 direct jobs once fully operational, with 11 companies already…

Read More

Elite Brands International Awards to Shine a Spotlight on Excellence in Nairobi

The Elite Brands International Awards will take place on December 13, 2024, mainly to celebrates not only top performers in various industries but also the values and processes that contribute to their success and showcasing the achievements of global and Kenyan companies. Elite Brands Awards International is an annual industry leadership recognition survey organized by…

Read More

Safaricom Foundation Launches Ksh 120 Million Wezesha Agri-Eco Hub in Busia County

Safaricom Foundation has unveiled the Wezesha Agri-Eco Hub Project, an ambitious Ksh 120 million initiative designed to empower over 5,000 youth, women and persons with disabilities in Busia County through agribusiness and sustainability-focused ventures. The two-year program, a collaboration with Ustadi Foundation, Lake Basin Development Authority (LBDA), Alupe University, and the County Government of Busia,…

Read More