Author: Damaris Gatwiri

Dubai has strengthened its economic ties with Kenya following the launch of the Kenya Business Council, a new platform aimed at promoting trade, investment and business partnerships between the two countries. The council, established by the Dubai Chamber of Commerce, held its inaugural meeting at the Dubai Chambers headquarters, bringing together business leaders and stakeholders to explore new investment opportunities and deepen commercial cooperation between Kenyan and Dubai-based businesses. The launch comes as Kenya and the United Arab Emirates continue to expand economic relations following the signing of the Kenya-UAE Comprehensive Economic Partnership Agreement (CEPA), which is expected to reduce…

More than 17,000 passengers passed through Moi International Airport in Mombasa over a 10-day period, reflecting increased travel to Kenya’s Coast as the peak tourism season gathers pace. Data from the airport shows that 8,948 passengers arrived in Mombasa while 8,319 departed during the period, highlighting sustained traffic through Kenya’s main coastal gateway. The Ministry of Tourism and Wildlife said the figures underscore growing visitor arrivals as the government continues to position Kenya as a safe, competitive and attractive destination for both leisure and business travel. The Coast remains one of the country’s leading tourism destinations. The increase in passenger…

BAT Kenya posted a 5 percent increase in net revenue to Sh12.3 billion in the first half of 2026, supported by stronger export sales and growing demand for its modern oral nicotine pouch products. The tobacco manufacturer said the improved performance came despite a difficult business environment marked by rising illicit cigarette trade, weak consumer spending and inflationary pressures linked to broader economic challenges and the ongoing conflict in the Middle East. The company also reported a 2 percent increase in profit before tax to Sh4.4 billion, driven by higher operating profit and increased finance income. Following the improved performance,…

The Kenya Tea Development Agency (KTDA) has set transport charges of between Sh15 and Sh17.79 per tonne per kilometre for the delivery of fertilizer to tea factories under its management. Under the approved rates, tea factories in Zone A will pay Sh17.79 per tonne per kilometre, inclusive of Value Added Tax (VAT), while factories in Zones B and C will pay Sh15 per tonne per kilometre. The transport charges follow a tender issued by KTDA in April 2026 for the transportation of bagged fertilizer from Nairobi to its tea processing factories across the country. KTDA said it has completed the…

Pips are one of the most important measurements in forex trading because they indicate how much a currency pair has moved in value. A pip, which stands for “percentage in point,” is typically the fourth decimal place for most currency pairs and the second decimal place for currency pairs involving the Japanese yen (JPY). Knowing how to calculate pips helps traders measure profits, losses, and price movements accurately before entering or exiting trades. Understand What a Pip Is A pip is the standard unit used to measure price changes in the forex market. For most currency pairs, one pip equals…

Pay As You Earn (PAYE) is the income tax deducted by employers from employees’ salaries before they are paid. In South Africa, PAYE is administered by the South African Revenue Service (SARS) and is calculated using the country’s annual tax tables. The amount deducted depends on your taxable income, tax bracket, rebates, and any allowable deductions. Learning how to calculate PAYE on your salary in South Africa helps you understand your payslip and estimate your monthly take-home pay more accurately. Determine Your Gross Salary Start by identifying your gross salary before any deductions are made. Your gross salary includes your…

Pay As You Earn (PAYE) is the income tax deducted from an employee’s salary before it is paid. Employers calculate and remit PAYE to the relevant tax authority on behalf of their employees. The amount of PAYE deducted depends on your taxable income, applicable tax rates, tax brackets, and any available tax reliefs or credits. Learning how to calculate PAYE on a monthly salary helps you understand your payslip and estimate your take-home pay more accurately. Determine Your Gross Monthly Salary Start by identifying your gross monthly salary before any deductions are made. Your gross salary includes your basic salary…

A golf handicap is a numerical measure of a golfer’s playing ability that allows players of different skill levels to compete fairly. Under the World Handicap System (WHS), your handicap is based on your best recent scores rather than your average score. Learning how to calculate your golf handicap helps you track your improvement, participate in competitions, and compare your performance with golfers around the world. While golf clubs and handicap systems often calculate it automatically, understanding the process is useful. Record Your Golf Scores Begin by keeping a record of your scores from eligible rounds played on rated golf…

The Competition Authority of Kenya (CAK) is seeking expanded powers to regulate competition in digital markets and virtual assets under the proposed Competition (Amendment) Bill, 2026. The proposed changes are aimed at strengthening the regulator’s ability to oversee emerging digital sectors, including cryptocurrencies, stablecoins and other digital services, which are not fully covered under the current Competition Act. CAK Director General David Kemei said the existing law has not kept pace with changes in the digital economy, making it difficult for the Authority to effectively enforce competition rules in new and fast-growing markets. Speaking in a submission to the National…

Sales of locally assembled vehicles in Kenya increased by 32 percent in the first half of 2026, signalling a recovery in the country’s motor vehicle market amid improving economic conditions. According to the Kenya Motor Industry Association (KMIA), vehicle sales rose to 1,651 units in June, up from 1,120 units recorded in January. Overall, 7,819 locally assembled vehicles were sold between January and June 2026. KMIA attributed the improved performance to a more stable economic environment, supported by a stronger shilling, lower borrowing costs and reduced fuel prices. The association noted that the decline in the Central Bank Rate to…

The National Treasury has projected that Kenya’s economy will grow by 5 percent in 2026 despite ongoing global economic uncertainty, supported by lower inflation, continued economic reforms and increased private sector investment. Treasury Principal Secretary Chris Kiptoo said the economy is expected to expand further to 5.1 percent in 2027 and 5.2 percent in 2028. However, the Treasury has revised its 2026 growth forecast down from the earlier projection of 5.3 percent, citing the impact of the conflict in the Middle East, which has pushed up global fuel prices, disrupted supply chains and weakened external demand. Speaking during the launch…

Impulse is a physics concept that measures the effect of a force acting on an object over a specific period of time. It is equal to the change in an object’s momentum and is commonly used to analyse collisions, impacts, and sports movements. Engineers, athletes, and physics students use impulse calculations to understand how forces influence motion. Learning how to calculate impulse helps you solve physics problems accurately and understand the relationship between force, time, and momentum. Understand What Impulse Means Impulse is produced when a force acts on an object for a certain amount of time, causing the object’s…

A hike percentage refers to the percentage increase in a value, such as a salary, product price, rent, or service charge. Calculating the hike percentage helps you determine how much an amount has increased compared to its original value. This calculation is useful for employees negotiating salary increases, businesses adjusting prices, and individuals tracking changes in expenses. Learning how to calculate a hike percentage allows you to understand the impact of an increase and make informed financial decisions. 1. Identify the Original Amount Start by determining the original amount before the increase. This could be your previous salary, the original…

Calculating expenses is an essential part of managing personal finances or running a business. Expenses represent the money spent on goods, services, or day-to-day operations over a specific period. By tracking and calculating your expenses accurately, you can create a realistic budget, identify unnecessary spending, and improve your financial planning. Learning how to calculate expenses helps you make informed financial decisions and maintain better control of your money. Identify All Your Expenses Begin by listing every expense incurred during the period you want to calculate, such as a week, month, or year. Include both fixed expenses, such as rent and…

Ending inventory, also known as closing inventory, is the value of the goods a business has remaining at the end of an accounting period. It is an important figure because it helps determine the Cost of Goods Sold (COGS), gross profit, and the value of inventory reported in the financial statements. Accurate ending inventory calculations also help businesses manage stock levels and make informed purchasing decisions. Learning how to calculate ending inventory is an essential accounting skill for business owners, accountants, and students. Determine the Opening Inventory Start by identifying the value of the inventory available at the beginning of…