Govt Set to Unlock KSh271 Billion Trade Opportunity With India
Kenya and India share decades of diplomatic relationship, which has steered trade between the nations, with this latest engagement likely to solidify the relationship further...
✨ Key Highlights
Kenya is proposing a Free Trade Agreement with India to address a significant trade imbalance and boost Kenyan exports, which currently stand at a fraction of imports.
- The trade deficit is approximately Ksh271 billion, with Kenya exporting goods worth about Ksh19 billion versus imports of roughly Ksh262 billion.
- The proposal was announced by Prime Cabinet Secretary Musalia Mudavadi during a ceremony on April 12.
- This initiative aligns with Kenya's ongoing trade discussions with other global partners like the European Union, the United States, and within Africa.
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Treasury Issues New Directives on eGP System Affecting All Govt Agencies - April 2026
The Kenyan government will fully enforce the e-Government Procurement (eGP) system from July 1st, with no exemptions, according to Treasury Cabinet Secretary John Mbadi. This move aims to close loopholes and prevent the loss of public funds through inflated procurement costs. Kenya is also proposing a Free Trade Agreement with India to address a significant trade imbalance and boost Kenyan exports, which currently stand at a fraction of imports. The trade opportunity is worth KSh 271 billion. Additionally, the Kenya Revenue Authority is enforcing the use of the electronic Tax Invoice Management System (eTIMS) in Eastleigh, Nairobi, with traders mandated to issue electronic tax receipts starting May 1.
