President William Ruto has expressed confidence that Kenya can achieve upper middle-income status within the next 10 years and aspires for a first-world economy in one generation.

• The President stated this vision during a meeting with members of the Friends Church (Quakers) at State House Nairobi.
• He highlighted the importance of a broad national vision, comparing it to the process for Constitution 2010.
• President Ruto pointed to the government's achievements in affordable housing, universal healthcare, and education as evidence of progress.

Small and medium-sized enterprises (SMEs) in Kenya are urged to prioritize workforce development as a crucial strategy to combat youth unemployment and foster economic growth.

• The main challenge identified is a lack of opportunities, not skills, for the educated Kenyan youth.
• The call was made by Atlanta Wamahia, Founder and Impact Strategy Director at Adroid Facilities Limited.
• SMEs can integrate training into their business models to provide practical experience and career progression for employees, improving productivity and creating a resilient workforce.

ALP REIT has announced its first profit of Sh29.9 million following its listing on the Nairobi Securities Exchange (NSE) in March, and is now planning its fourth property acquisition.

• Total assets reached Sh5.87 billion as of June 30, 2026.
• The real estate investment trust reported a strong 98 percent occupancy rate.
• ALP REIT aims to expand its portfolio of logistics and industrial properties and is currently evaluating funding options for its next acquisition.

Airtel Money Kenya has launched Bizna Wallet, a new digital tool designed to help small and medium-sized enterprises (SMEs) separate their business and personal finances.

• The tool allows businesses to monitor daily sales, generate mini statements, and receive payments across mobile money networks.
• The launch was announced by Airtel Money Kenya Acting Managing Director Bonke Michael.
• Bizna Wallet primarily targets Kenya’s informal business sector and is available immediately through the *334# USSD menu.