Business & Economy3 stories
Kenya's Cabinet Secretary for Investment, Trade and Industry, Lee Kinyanjui, has welcomed the U.S. House of Representatives' decision to pass a bill extending the African Growth and Opportunity Act (AGOA) by three years. This extension is expected to provide significant relief to Kenya's textile and apparel sector. In a separate corporate decision, Uber has ceased accepting Visa card payments on its Kenyan platform as of January 14, citing rising global payment processing costs following a routine review. Concurrently, the Kenyan government has reaffirmed its commitment to upgrading Jomo Kenyatta International Airport (JKIA), signaling that long-delayed expansion plans are back on track. This renewed focus on JKIA aims to maintain Kenya's position as a leading aviation and diplomatic hub.
