Author: Victor Adar

East African Breweries Limited (EABL) has recorded a 12 per cent rise in profit after tax to Sh12.2 billion for the year ended June 30, 2025 amid mixed micro-economic conditions. The brewer’s net sales also increased by 4 per cent to Sh128.8 billion, with both beer and spirits delivering milestone volume growth across Kenya, Uganda, and Tanzania. “We are building a future fit East African business,” CEO and Group MD Jane Karuku said. “From an inflation point of view, the past one year has been good… Last 18 months or so, the (Kenya) shilling has been stable, we have seen…

Kenya Revenue Authority (KRA) has released for collection, a total of Sh 86.518 billion through its Tax Dispute Resolution programme, barely a month after surpassing the revenue target of Sh2.555 trillion for the Financial Year 2024/2025 by 6 per cent after collecting Sh2.571 trillion. According to a statement released on Friday, July 29 by the commissioner legal and board service department, the agency said it utilises “independent review of objections”, Alternative Dispute Resolution (ADR) mechanism as well as litigation to enhance revenue collection. During the period review, Sh18.898 billion was released for collection through its ADR mechanism, while Sh67.620 billion…

Cloud communications company, Infobip, has launched “WhatsApp Business Calling”, a fresh feature that enables businesses to make and receive voice calls via their WhatsApp business numbers. This addition enhances Infobip’s omnichannel platform by delivering richer, real-time conversations within the messaging app used by millions worldwide. This means businesses will now receive and initiate voice calls globally, using WhatsApp’s native interface so customers never leave the app. Calls can be started directly from WhatsApp chats, interactive messages, or deep links embedded in websites and apps, providing multiple convenient entry points thanks to the integration of WhatsApp with Infobip Conversations, which is…

Airtel crosses 24 million customers mark as changing needs fuel growth Airtel Kenya has crossed the 24 million subscriber mark through its network coverage campaign as expansion plans continue. A look at this growth portends great things for the telecommunications brand, with latest data by the Communications Authority of Kenya (CA) showing that customer centric innovation and agent network has long been a contributor to customers growth. “We are deeply humbled by the support of over 24 million customers who continue to believe in us. This is not the destination, it is part of a longer journey. We are committed…

The Kenyan national soccer team, Harambee Stars, has moved from the previous position 111 to 109th place in the latest Fédération Internationale de Football Association’s (FIFA’s) world rankings. In a statement released on Thursday, July 10, 2025, FIFA said the rankings are still topped by Argentina at 1,885.36 points, followed by Spain in 2nd place (1,867.09 points) and France in 3rd place (1,862.03 points). “The changes start at the top end, with Croatia climbing one place to return to the top 10 at the expense of Italy (11th, down 2). For their part, Portugal (6th, up 1) and the Netherlands…

While demand for electric motorcycles continues to rise, particularly among delivery companies, access to financing has remained a major barrier, limiting many to cash purchases and making it hard to scale and thrive. It is on this backdrop that a Kenyan-based electric mobility firm, Roam, has partnered with digital credit provider and microfinance institution, Fortune Credit, to roll out a financing program focused on unlocking access to electric motorcycles for both individuals and businesses. Habib Lukaya, Roam’s regional sales operations manager, said the partnership is a major milestone that will ensure an initial order of 600 Roam Air Gen 2…

The Kenya Revenue Authority (KRA) has announced it collected Ksh 2.571 trillion in taxes from Kenyans in the 2024/2025 financial year. Despite the economic challenges in the 2024/25 financial year, the KRA recorded a 6.8 per cent growth in its revenue. This figure surpasses the set target of Sh2.55 trillion. “Kenyans paid Ksh2.571 trillion in taxes for FY 2024/2025. This is a remarkable 6.8% growth despite economic challenges! For three decades, you’ve been our partners in nation-building. Every contribution has shaped Kenya’s growth story,” read part of a statement released by KRA on July 10. The authority also highlighted the…

Entrepreneurship is not only a vehicle for sustainable economic growth but also a pathway to deeper economic agency and less dependency on traditional development aid. The core of this belief inspired a five-year partnership between the MIT Kuo Sharper Centre for Prosperity and Entrepreneurship and the government of Botswana, which aims to catalyse the growth of early-stage startups. Last week, the journey to strengthen the innovation and entrepreneurial ecosystem—especially in Botswana—began with the launch of the “Early-stage Entrepreneurship Program,” which brought together 31 startups at the Botswana Digital and Innovation Hub (BDIH). The participants were selected from over 1,300 applications…

Mobile data plays key role in expanding credit and boosting financial wellbeing in Kenya, says
Havard and University of California Berkeley study.

African Women in Agricultural Research and Development (AWARD) has launched a Gender in Agrifood Systems Policies (GASP) Program to help promote gender-responsive policies while fostering equitable and resilient agrifood systems across Africa. The program comes as a relief especially to many mid-career African women professionals who generally contribute significantly to agriculture employment across Africa, yet they often face barriers such as limited access to land, credit, training, and markets. Addressing these challenges through gender-responsive policies is essential to boosting productivity, enhancing food security, and supporting sustainable economic growth. Over the course of the program, participants from Burkina Faso, Cameroon, Kenya,…