Noel Wandera

Kenya

Writer at People Daily Kenya

A Consumate Public Relations and Media Consultant. Change Is The Only Constant In My Life

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Articles

Customers connected to grid hit 10.9 million, Mbadi says

2 weeks ago | peopledaily.digital | Noel Wandera

Kenya’s energy sector has recorded a significant expansion, with total electricity generation rising to 3,243 megawatts in 2025, onboarding 932,839 new customers and raising total connections from 8.9 million in 2022 to 10.9 million this year. National Treasury and Economic Planning Cabinet Secretary John Mbadi’s announcement during the presentation of 2025/26 Budget Statement underscores Kenya’s progress toward universal energy access.
Sh18bn set aside for job creation in 2 key sectors

2 weeks ago | peopledaily.digital | Noel Wandera

The National Treasury has earmarked Sh18 billion in the 2025/26 national budget to drive job creation through manufacturing and agricultural revitalisation in a renewed attempt to stimulate industrial development and rural enterprise. While this represents a significant outlay across multiple ministries and State agencies, analysts argue that it may still fall short of the transformative capital injection required to meaningfully advance Kenya’s industrialisation agenda.
Kenya heaving under historic Sh11.5trn debt

2 weeks ago | peopledaily.digital | Noel Wandera

Kenya finds itself trapped under the crushing weight of Sh11.5 trillion in public debt as non-performing loans surge to 17.6 percent – one of the highest levels in the country’s history. This backdrop of a financial crisis has forced the government to unveil its most ambitious budget yet: Sh4.3 trillion for the 2025/26 financial year, representing 22 percent of the nation’s GDP.
Beyond the beaten path: An invite to Kenya’s unique ‘Twin Migration’

3 weeks ago | peopledaily.digital | Noel Wandera

| Kenya is doubling down on its efforts to revamp its tourism playbook by offering not one but two world-class natural spectacles in a single season, in a move aimed at boosting visitor numbers, extending tourist stays, and deepening the country’s appeal beyond traditional safari experiences.
Kenya’s private sector activity declines in May

3 weeks ago | peopledaily.digital | Noel Wandera

Kenya’s private sector stumbled in May, marking the end of a seven-month streak of growth as rising operating costs and weak consumer demand pulled business activity into negative territory. The Stanbic Bank Kenya Purchasing Managers’ Index (PMI) fell to 49.6 from 51.8 in April, its first dip below the 50-point threshold since September 2024.
CBK intensifies oversight with licensing of 41 more digital credit providers

3 weeks ago | peopledaily.digital | Noel Wandera

Central Bank of Kenya (CBK) has licensed 41 additional digital credit providers (DCPs), pushing the total number of authorised operators to 126. It comes as the regulator intensifies efforts to tame predatory lending practices that have plagued Kenya’s fast-growing mobile lending sector.
Private sector business hits 27-month high as PMI climbs to 52 in April

1 month ago | peopledaily.digital | Noel Wandera

| The headline Purchasing Manager Index (PMI) rose for the third consecutive month to 52 in April, up from 51.7 in the previous month, reaching its highest level since January 2023. The acceleration was mainly driven by stronger customer demand, which led to the fastest rise in new orders in over three years, while job creation picked up and cost inflation remained modest.
Treasury wipes domestic mart as yields hit 13.6pc

1 month ago | peopledaily.digital | Noel Wandera

The National Treasury wiped over Sh43.5 billion from the domestic market this week through a reopened 20-year bond, surpassing its Sh30 billion target and highlighting persistent investor caution over Kenya’s fiscal direction. The FXD1/2012/020 bond, which matures in 2032 with a 12 per cent coupon, attracted bids worth Sh54.4 billion, reflecting strong demand and a performance rate of 181 per cent.
Oil import bill dips to Ksh575B in 2024

1 month ago | peopledaily.digital | Noel Wandera

| Kenya’s petroleum import bill fell sharply by 8.1 per cent to Sh575.5 billion in 2024, offering much-needed relief to the economy as global crude prices declined for the second straight year and the Kenyan shilling strengthened against the US dollar. This drop came despite a 20.9 per cent surge in total petroleum imports to 5.2 million tonnes, reflecting both increased domestic demand and a more than threefold jump in re-exports, which reached 995.4 thousand tonnes.
Miano says fresh plans on wildlife victims rolled out

1 month ago | peopledaily.digital | Noel Wandera

| The government has rolled out a technology-driven compensation scheme designed to enhance speed, transparency and fairness in compensation to communities affected by wildlife incursions. Tourism and Wildlife Cabinet Secretary Rebecca Miano said the initiative, now active in six high-incidence counties, replaces a cumbersome manual system that for years left thousands waiting for relief after devastating losses.