Nairobi Business Monthly

NAIROBI BUSINESS MONTHLY is a monthly publication that provides valuable insights into the economy of Kenya and the surrounding region. It delivers comprehensive coverage on topics such as financial markets, stock exchanges, corporate news, technology, management, entrepreneurship, and personal finance. This newspaper is aimed at executives, managers, professionals, entrepreneurs, and those involved in policymaking.

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Articles

Trump tariffs a turning point for Kenya and region

1 week ago | nairobibusinessmonthly.com | Victor Adar

It is yet another challenging path for African economies after the White House imposed a baseline tariff of 10 per cent on all goods exported to the United States (US) by Kenya, Ghana, Ethiopia, Tanzania, Uganda, Senegal, and Liberia.
MPs pass Startup Bill to support innovation, empower entrepreneurs

Jan 21, 2025 | nairobibusinessmonthly.com | Silas Apollo

The National Assembly has passed the Startup Bill of 2022 which seeks to outline various measures to support startups and establish frameworks for their growth and protection. The Bill introduces key definitions, including startup, accelerator, incubation program, and startup ecosystem players. It also designates the Cabinet Secretary responsible for micro, small, and medium enterprises to oversee implementation.
President Ruto picks insider to replace M’mbijjiwe as new CBK Governor

Nov 14, 2024 | nairobibusinessmonthly.com | Victor Adar

President William Ruto has nominated Gerald Nyaoma Arita as the second Deputy Governor of the Central Bank of Kenya (CBK) to succeed Sheila M’mbijiwe, who retired in June. Mr Nyaoma is currently the Director of the Bank Supervision Department at CBK, with 36 years of professional experience to the role, having held multiple positions within the institution.
Jeffrey’s big gamble with events management pays off

Jul 9, 2024 | nairobibusinessmonthly.com | Victor Adar

As some entrepreneurs catch cold feet over the dynamic creative and fashion industry, Jeffrey Wilson is one generation who embarked on an unrelenting quest five years ago to come up with something that could make Kenyans buy local designs to be able to spur growth in the fashion industry. Knowing too well that fashion and creative industry is a hot market that lacks recognition, the calm, sober, young investor founded JW Show in a bid to fill the gap.
Former KRA boss Michael Waweru dies

Jul 7, 2024 | nairobibusinessmonthly.com | Victor Adar

Former Kenya Revenue Authority (KRA) boss Michael Waweru who died yesterday, July 6, ensured the country had a strong tax compliance foundation. Waweru, who served the government agency for nine years, from 2003 until his retirement in 2012, was also the Board Chairman of East Africa Cables, a position he held for seven years. “We at KRA offer our deepest condolences to the family of Dr. Michael Waweru, former KRA Commissioner General, following his passing.
How TikTok creators are revolutionizing Kiswahili language

Jul 4, 2024 | nairobibusinessmonthly.com | Victor Adar

A head of the World Kiswahili Language Day to be celebrated on Friday, July 7, to recognize the global importance of Kiswahili in uniting communities across Africa, Chinese run social media platform, TikTok, said in a statement that #Kiswahili and #SwahiliTikTok hashtags will play a critical role in advancing positive impact of Kiswahili, a language that most communities speak – and enthusiasts use to share content.
Kenyan consumer confidence buoyant as lending rate hits eight-year high

Jul 4, 2024 | nairobibusinessmonthly.com | Victor Adar

The report said there is increased digital platform usage, with 42 per cent of Kenyans conducting at least half of their transactions online, emphasising the necessity for robust security measures and consumer education BY VICTOR ADAR Information and insights company, TransUnion, in its latest “Consumer Pulse Study” which said that amid widespread challenges, including protests, Kenyan households experienced a modest financial rebound in the second quarter of 2024 thanks to new business...
We’ll not shut down internet, says CAK amid protests over Finance Bill

Jun 25, 2024 | nairobibusinessmonthly.com | Victor Adar

The Communication Authority of Kenya (CA) has said it had no plans to control internet access during the national protests against the Finance Bill, 2024, which MPs passed on June 25 before a group of youth breached the National Assembly and destroyed parts of the Senate. In a statement released earlier in the morning, the regulator said shutting down Internet traffic or interfering with the quality of connectivity would go against core principles enshrined in the Constitution.
President Ruto defends changes to Finance Bill, says it will benefit Kenyans

Jun 18, 2024 | nairobibusinessmonthly.com | Silas Apollo

President William Ruto has defended the changes made to the Finance Bill 2024, saying that they took into account the views of Kenyans. Speaking after a Parliamentary Group meeting of the Kenya Kwanza Alliance on Tuesday June 18, 2024, Ruto added that the proposed changes also took into account the views of other stakeholders.
Nacada ask Parliament to expand its mandate in war against illicit drugs

Jun 18, 2024 | nairobibusinessmonthly.com | Silas Apollo

The National Authority for the Campaign Against Alcohol and Drug Abuse (NACADA) has asked Parliament to expand its mandate in the ongoing war against illicit drugs. Nacada chief executive officer Anthony Omerikwa, in submissions made before the National Assembly’s departmental committee on administration and internal security, said that the authority had been limited in its mandate on the war against drugs in the country.