Chinese solar firms eye bigger slice of Kenyan market

A vibrant solar lighting market in Kenya has attracted a host of Chinese firms seeking to meet the rising demand for affordable solar lighting systems in the country. Guangzhou-based manufacturer of integrated solar solutions, Esavior, and Shenzhen Power Solution Limited…
World Bank sees Kenya economic growth slowing in 2017

Kenya’s economic growth is expected to slow down in 2017 owing to several internal and external forces. According to the World Bank, Kenya’s GDP growth is expected to slow down to 5.5 per cent compared to the 5.8 growth in…
Kenya cement exports to EA fall as China floods market

These are tough times for Kenyan cement manufacturers as cheaper imports from Asia continue to slow down their exports to the East African region. According to the Economic Survey 2017, which was released last month by the Kenya National Bureau…
Jubilation as Kenya launches Sh327bn standard gauge railway

The much-acclaimed standard gauge railway between Mombasa and Nairobi was inaugurated on Wednesday afternoon, shortening the 480-kilometre trip between the two cities from a typical eight hours to four and a half. Speaking during the flag off ceremony for the…
Property owners face Sh1 million fine over solar water heaters

The Energy Regulatory Commission (ERC) will in November embark on a countrywide audit to apprehend landlords who will have failed to follow solar water heating regulations. The Energy (Solar Water Heating) Regulations 2012, which were passed in May 2012, require…
KRA nets Sh10bn rental income tax from 52,000 landlords

The Kenya Revenue Authority (KRA) has collected Sh10 billion from 52,000 landlords since 2016, as its hunt for a share of property-owners’ income continues to bear some fruit. The KRA, which has recently mounted a harsh crackdown on non-compliant landlords,…