Business & Economy3 stories from 1 sources
Kenya Lifts Logging Ban, Proposes Wealth Fund, and Reinstates Mombasa Flights - October 2025
President William Ruto has conditionally lifted the ban on logging in Kenya, allowing for the harvesting of only mature trees in forests to be used for commercial purposes. Following an announcement by President Ruto, Kenya's National Treasury has also released the Sovereign Wealth Fund Bill, 2025. The bill aims to expand funding sources and create a flexible investment framework for natural resource revenues and public investments. In a separate development boosting Kenya's coastal tourism and trade sectors, Turkish Airlines has reinstated direct flights between Istanbul and Mombasa. The service, which had been on a five-year hiatus, resumed on October 26 and will operate three times a week.
CCapital BusinessFirst
News Coverage
Monday 8:01 PMCapital Business
Govt lifts ban on logging for mature trees
Monday 1:00 PMCapital BusinessFirst
Turkish Airlines resumes direct Istanbul–Mombasa flights
Monday 3:35 PMCapital Business
New Sovereign Wealth Fund Bill expands funding, eases rules
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