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HomeDaily NewsTuesday, July 8, 2025Economic Developments and Trade Relations in Kenya
Business & Economy3 stories from 1 sources

Economic Developments and Trade Relations in Kenya

Moses Kuria resigns as Economic Advisor; China trade week begins in Kenya; AIBK and Birdview Microinsurance enhance insurance access.

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Tuesday 9:23 PMCapital Business

Moses Kuria resigns as President Ruto’s Economic Advisor

Moses Kuria resigns as President Ruto’s Economic Advisor

Moses Kuria has resigned as President William Ruto's Senior Economic Advisor shortly after causing public backlash over his tweet stating there would be "no elections in 2027."

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Key Highlights

Moses Kuria has resigned as President William Ruto's Senior Economic Advisor shortly after causing public backlash over his tweet stating there would be "no elections in 2027."

  • Kuria's resignation was confirmed on X, stating the President accepted his decision.
  • He thanked President Ruto for the opportunity to serve in multiple capacities, including his role in the Bottom-Up Economic Transformation Agenda.
  • Kuria’s comments on elections remain ambiguous, not clearly indicating if they reflect personal views or government strategy.
Tuesday 4:04 PMCapital BusinessFirst

AIBK, Birdview Microinsurance to boost insurance access for underserved Kenyans

AIBK, Birdview Microinsurance to boost insurance access for underserved Kenyans

Association of Insurance Brokers of Kenya (AIBK) has partnered with Birdview Microinsurance to enhance microinsurance adoption in Kenya, targeting underserved markets.

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Key Highlights

Association of Insurance Brokers of Kenya (AIBK) has partnered with Birdview Microinsurance to enhance microinsurance adoption in Kenya, targeting underserved markets.

  • Low insurance penetration in Kenya remains a challenge, particularly for low-income earners, SMEs, and informal sector workers.
  • Eliud Adiedo, CEO of AIBK, emphasized the partnership as a step toward inclusivity, aiming to leverage technology to break down barriers.
  • James Kimani, CEO of Birdview, committed to uplifting vulnerable communities, highlighting the vital role brokers play in advancing microinsurance.
  • The initiative also aims to provide tech-driven medical coverage solutions for Kenyans in the diaspora.
Tuesday 10:03 PMCapital Business

China trade week opens in Kenya amid growing commercial links

China trade week opens in Kenya amid growing commercial links

The China Trade Week has commenced in Kenya, bringing together over 100 exhibitors, with 88 from China, to showcase innovations in building materials, solar energy, and agricultural processing.

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Key Highlights

The China Trade Week has commenced in Kenya, bringing together over 100 exhibitors, with 88 from China, to showcase innovations in building materials, solar energy, and agricultural processing.

  • Over 100 exhibitors participated in the three-day event.
  • James Mureu, chairman of the state-owned Micro and Small Enterprises Authority, highlighted the fair as a crucial platform for linking Chinese manufacturers with East African entrepreneurs.
  • David Wang, chairman of MIE Group, stated that the event has facilitated connections for over 10 years, hosting more than 2,000 exhibitors and supporting the growth of local industries.
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