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Sofia Ali

Kenya loses Sh800 billion annually to counterfeits

By Sofia Ali   2025-06-07 06:00:00

This comes at a critical time as Kenya faces a record KSh835.1 billion budget deficit in its proposed 2025/26 national budget.

Tap into UAE market, local investors told

By Sofia Ali   2025-06-09 10:47:38

Entrepreneurs and investors have been encouraged to capitalise on expanding economic opportunities in the United Arab Emirates.

Taxman loses Sh13b to rising VAT fraud

By Sofia Ali   2025-06-11 06:00:00

KRA has raised the alarm over a sharp rise in VAT fraud involving nil and non-filers, revealing that it lost an estimated Sh13 billion in revenue between April 2024 and July 2025.

Kenya, Tunisia ink pact to boost women-led small businesses

By Sofia Ali   2025-06-18 06:00:00

Women-led micro, small, and medium enterprises (MSMEs) from Kenya and Tunisia have come together for the inaugural three-day expo in Nairobi.

Meru Woman Rep seeks to rehabilitate youth with economic programme

By Sofia Ali   2025-07-05 21:43:18

The initiative comes as part of a bold campaign to combat what she has called “Kenya’s most devastating youth crisis” , the alarming rise in drug and substance abuse.

School leads charge in equipping young minds with AI knowledge

By Sofia Ali   2025-07-13 12:01:27

Experts at the seminar highlighted that while some routine jobs will be automated, AI will likely create more than 97 million new roles globally by 2025.

Kenya gears up for international construction expo

By Sofia Ali   2025-07-15 17:47:30

The expo comes against the backdrop of a construction sector grappling with recent contractions and a hopeful rebound.

East Africa states eye to expand Northern Corridor connectivity

By Sofia Ali   2025-07-15 20:03:53

Transport CS said these developments are essential to ease traffic pressure on roads, enhance trade efficiency, and position Kenya as a vital logistics hub for the region.

Australian coffee chain to invest Sh1.3b as it enters Kenya

By Sofia Ali   2025-07-17 13:59:16

Australian café chain, Coffee Club, has announced a Sh1.3 billion investment to expand into the Kenyan market and the region, its first foray into the continent.

High costs, lack of access hinder Kenya's universal healthcare

By Sofia Ali   2025-07-24 06:00:00

Access to affordable, quality healthcare remains a major concern in Kenya, where many citizens face significant financial barriers to receiving essential medical services.

Initiative to unlock coastal counties' innovation potential

By Sofia Ali   2025-07-25 11:33:08

Calls have intensified to equip young people in Kenya’s coastal region with the tools they need to protect, commercialise, and grow their innovations.

Nairobi to host international agri-expo

By Sofia Ali   2025-07-29 21:22:00

The expo is expected to offer a platform for innovation, investment, and international trade in agriculture.

Multichoice: Rising online piracy a threat to creative industry

By Sofia Ali   2025-07-31 18:23:19

Kenya’s entertainment industry is facing a growing threat from the rapid rise of online piracy, which now surpasses traditional cable theft in scale and impact.

Firms urged to embrace global standards

By Sofia Ali   2025-08-03 16:01:34

Firms have been urged to embrace International Financial Reporting Standards and International Public Sector Accounting Standards to attract capital and boost investor confidence.

Central Bank lowers key rate to 9.5pc

By Sofia Ali   2025-08-12 22:08:59

CBK's Monetary Policy Committee has lowered its benchmark rate to 9.50 per cent.

Chinese firm to revive fluorspar operations in Kerio Valley

By Sofia Ali   2025-08-16 14:09:56

Sofax Fluorspar Kenya signed an MoU with China’s Mizztech Group on Thursday to refurbish its Kerio Valley processing plant, a move that could significantly boost Kenya’s mining sector.

London forum to chart Africa's place in shifting global landscape

By Sofia Ali   2025-08-17 13:57:29

The Financial Times (FT) will host the 12th edition of its Africa Summit from October 21–22, 2025 at The Peninsula, London.

Africa urged to up sustainability reporting as global meet kicks off

By Sofia Ali   2025-08-20 15:17:58

In just two years, jurisdictions representing more than half of global GDP have adopted or aligned with the International Sustainability Standards Board (ISSB) framework.

Internal auditors moot bill to give profession legal backing

By Sofia Ali   2025-08-29 15:41:39

The Institute of Internal Auditors Kenya is spearheading efforts to professionalise the internal audit practice through the development of the Internal Audit Bill, currently under drafting.

Nairobi Comesa summit to boost intra-African trade, open up markets

By Sofia Ali   2025-09-03 00:00:00

Kenya is preparing to host the 24th Common Market for Eastern and Southern Africa (Comesa) Summit in October, at a pivotal moment for regional economic cooperation and diplomacy.