Noel Lutwama
Kenya's revenue composition from non tax sources
Non tax revenues are expected to increase by 21% to Kshs 298 billion in 2023/24. Beside receipts from goods that are not elsewhere...
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Noel Lutwama
Jun 101 min read
Calling someone in the US is much more cheaper than calling a person in Burundi
In 2023, one-minute mobile phone call rates increased from Kenya to China and India recorded the highest increase by 31.33% for both to 7...
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Noel Lutwama
Jun 101 min read
The number of Local Daily Newspapers in Circulation has been on the decline
Most Kenyans now prefer to get their daily news via online platforms. The number of local daily newspapers decreased by 4.23% from 46,774...
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Noel Lutwama
Jun 81 min read
Among National parks and Game reserves, Nairobi Mini Orphanage was the most visited tourist destination in 2023
The number of visitors of visitors to National parks and Game Reserves went up by 43 % to 3.6373 million in 2023.Haller's park and Tsavo...
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Noel Lutwama
Jun 81 min read
In 2023, Road Transport sector consumed the most amount of petroleum fuels
In 2023, the Total Net domestic sales decreased by 0.6% to 5.1 million Tonnes. Petroleum sales to the Road transport, Railway transport...
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Noel Lutwama
Jun 71 min read
Kenyan banks' Non-Performing loans stood at 14.50% of the Total Gross Loans as of June 2023
The ratio of bank nonperforming loans to total gross loans is the value of nonperforming loan divided by the total value of the loan...
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Noel Lutwama
Jun 71 min read
In Financial Year 2022/23, KPLC had 6,998,044 customers across the eight regions in Kenya.
Kenya boasts an access to electricity (% population) rate of 76.54% as of 2021(latest world bank data) KPLC (Kenya Power and Lighting...
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Noel Lutwama
Jun 71 min read
The number of active mobile money subscriptions in Kenya stood 37.99 million, as at June 2023
The advent of M-pesa in 2007 and the growth of Mobile banking over the last decade has seen Kenyans rely more on their smartphones to...
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Noel Lutwama
Jun 41 min read
Mwea irrigation scheme produced the most amount of rice in 2022/23 at 153,654 Tonnes
The area in the irrigation scheme that was cropped declined from 44,255 ha to 38,939 ha between the period 2021/22 and 2022/23. The...
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Noel Lutwama
Jun 41 min read
Value of Kenyan currency notes in circulation as at June 2023
Visualization of the day: As at June 2023, the Total Notes and Coins in circulation were worth Kshs 316.058 billion. Out of all the...
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Noel Lutwama
Jun 31 min read
Top 10 counties by Gross County Product (2018-2022)
Between 2018 and 2022, Marsabit County saw the highest improvement in Gross County Product (GCP) in the country, at 45% increase. Within...
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Noel Lutwama
Jun 31 min read
In February 2024, Kenyans carried out Mobile Money transactions worth Kshs 790.8 Billion
In February 2024, Kenyans' Mobile Money Transactions reached Kshs 790.8 billion. There were 213.34 million transactions via 320,182...
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Noel Lutwama
Jun 21 min read
Industrial Supplies (Non-Food) formed the largest chunk of Kenya's imports in March 2024 valued at Kshs 72.49 Billion
In March 2024, China was the largest source of Kenya's Imports, valued at Kshs.35.98 billion. Industrial supplies (Non-Food) and Fuel &...
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Noel Lutwama
Jun 21 min read
Kenya exported Coffee and Tea worth Kshs 3.35 Billion and Kshs 19.07 Billion respectively in March 2024
In March 2024, Kenya exported 4,291.32 metric tons of coffee and 59,599.15 metric tons tea (Source: KNBS 'Leading Economic Indicators -...
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Noel Lutwama
May 71 min read
BOC Kenya registered revenues of Kshs 1.54 billion in 2023, a 19% improvement from 2022
The growth in revenues was as a result of the increase in the sale of medical oxygen to hospitals, installation of oxygen medical tanks...
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MD Faruk Mia
May 3, 20231 min read
Rafiki Microfinance Bank revenues stood at Kshs 898 million for the year that ended 31st December 2022
During the period between 2017 & 2022, Rafiki Microfinance bank: Increased Revenues by 13% Reduced Net Losses After Tax by 64% Increased...
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MD Faruk Mia
May 3, 20231 min read
Crown Paints Kenya PLC improved its revenues in 2023 by 9.66% to Kshs 12.49 billion
The net loss in 2023 was as a result of tough macro-economic conditions, exchange rate pressures and global uncertainties that adversely...
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