The National Treasury projects that Kenya’s economy will grow 5.3% in 2025, slightly lower than the Central Bank of Kenya’s December 2024 prediction of 5.5%. On December 5, 2024, the Central Bank of Kenya projected economic growth of 5.5% in 2025 and 5.1% in 2024, primarily driven by the resilience of key service sectors, agriculture, and improved exports. The draft 2025 Budget Policy Statement notes that Kenyan economic growth slowed in the first half of 2024, with real GDP growth averaging 4.8% compared to 5.5% in 2023. Third-quarter 2024 GDP growth was 4.0%, a significant slowdown from the 6.0% recorded…
Author: David Indeje
David Indeje
David Indeje is the Community Engagement Editor at Khusoko, East Africa’s leading digital business news platform. He shapes editorial content, drives audience engagement, and amplifies diverse voices. Beyond journalism, he consults on digital strategy across agriculture, governance, technology, and health, while examining AI’s role in the future of media. He also serves as Communications Officer at KICTANet, advancing digital inclusion and policy dialogue.
Kenya Airways (KQ) was recognized as a leader in sustainability at the 2024 SkyTeam Aviation Challenge, earning prestigious awards for its innovative initiatives. KQ received top honours in two key categories: Best Scaled Catering Solution: Recognizing the airline’s successful transition to eco-friendly in-flight dining with the introduction of traditional African bread baskets and aluminium food containers, eliminating an estimated 24 tonnes of plastic waste annually. Best Approach to Scaling Sustainable Aviation Fuel (SAF): Acknowledging KQ’s partnership to establish Kenya’s first SAF production plant, which will deliver affordable SAF, create jobs, and boost local tree cover. Furthermore, KQ received recognition for:…
The National Treasury has unveiled a KSh 4.4 trillion budget proposal for the 2025/26 financial year, a significant increase from the 2024/25 budget. This ambitious budget outlines the government’s fiscal priorities, focusing on stimulating economic growth, reducing public debt, and enhancing the delivery of critical public services. “The total budget for FY 2025/26 is projected at KSh 4,485.7 billion. This includes allocations to the three Arms of Government and sharable revenues to County Governments,” states the draft 2025 budget policy statement, themed “Consolidating gains under the bottom-up economic transformation agenda for inclusive green growth.” Fiscal Deficit Kenya aims for a…
The Kenya National Bureau of Statistics (KNBS) released the 2024 Gross County Product (GCP) Report, providing a comprehensive analysis of economic activity across Kenya’s 47 counties. The report offers a crucial perspective on the size and structure of each county’s economy, quantifying their contribution to the nation’s Gross Domestic Product (GDP). GCP serves as a monetary measure of the net market value of all final goods and services produced within a given county, offering valuable insights into regional economic disparities and development trends. The report sheds light on the significant variations in economic output across the country. Nairobi City emerged…
Kenya is set to legalise virtual assets (cryptocurrencies) with the introduction of a new regulatory framework. The move, announced by Treasury Cabinet Secretary John Mbadi, aims to harness the potential of digital assets while mitigating associated risks. Balancing Innovation and Oversight The draft National Policy on Virtual Assets (VAs) and Virtual Asset Service Providers (VASPs) seeks to establish a “fair, competitive, and stable market” for cryptocurrencies. “This policy guides the establishment of a sound legal and regulatory framework providing the fundamental foundation of a fair, competitive, and stable market for VAs and VASPs with the aim of fostering innovation, enhancing…
Meta CEO Mark Zuckerberg announced a major shift in the company’s content moderation policies on Tuesday, prioritizing free speech and de-emphasizing fact-checking. Key Changes End of Fact-Checking: Meta will eliminate its partnership with third-party fact-checkers and replace it with a community-driven system similar to X’s (formerly Twitter) Community Notes. Reduced Political Content Restrictions: The company will relax restrictions on political content, reversing previous policies that limited the spread of such content in user feeds. Focus on High-Severity Violations: Meta will prioritize the removal of content related to drugs, terrorism, and child exploitation while relying more heavily on user reporting for…