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Fuel prices in Kenya remain unchanged despite dropping global crude oil costs
May 14, 2025 at 06:01 PM
Motorists and households across Kenya will not pay more—or less—for fuel over the next month, as the government has opted to maintain the current retail prices of petrol, diese...
Naivas Supermarket fights closure orders
May 14, 2025 at 05:36 PM
Naivas Supermarket has refuted reports that expired products had been found in its outlets in Nairobi City County resulting in a closure directive by Nairobi County Health Committe...
Microsoft lays off 6,000 workers globally
May 14, 2025 at 05:32 PM
Microsoft has laid off 6,000 employees worldwide in its largest job reduction since early 2023, accounting for nearly 3 per cent of its global workforce....
KNCCI boss Erick Rutto faults Sh337,000 levies blocking new businesses in Kenya
May 14, 2025 at 02:59 PM
Entrepreneurs hoping to launch new ventures in Kenya are being choked by an array of costly and overlapping regulatory charges, according to the Kenya National Chamber of Commerce ...
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Absa Bank Kenya unveils its custody services business as appetite grows
May 14, 2025 at 02:49 PM
Absa Bank Kenya has officially launched its custody services business, marking a significant expansion of its corporate and investment banking offerings in the region....
MCAs order all Naivas Supermarkets in Nairobi County to shut down - VIDEO
May 14, 2025 at 01:04 PM
Members of a Nairobi County Assembly committee have ordered all Naivas Supermarkets within the county to be shut down temporarily due to what it termed as critical breaches of mult...
BURN secures Sh650 million boost to power Kenya’s shift to electric cooking
May 14, 2025 at 12:58 PM
BURN, a clean cookstove manufacturer, distributor, and carbon project developer, has secured a Sh650 million investment to scale up electric cooking in Kenya....
Aviation adds Sh430 billion to Kenya’s GDP, powers 460,000 jobs, IATA reveals
May 14, 2025 at 10:01 AM
Kenya’s aviation sector has emerged as a major pillar of the national economy, contributing 3.1 per cent to the Gross Domestic Product (GDP)—equivalent to Sh430 billion—and s...
12 key changes in Finance Bill 2025 targeting Sh559.9 billion in tax reforms
May 13, 2025 at 07:33 PM
The Finance Bill 2025 is projected to raise Sh559.9 billion—or 2.9 per cent of the GDP—through sweeping tax reforms and administrative adjustments....
IMF set to assess Kenya’s debt as Sh3.36 trillion repayment deadline looms large
May 13, 2025 at 12:50 PM
The International Monetary Fund (IMF) is preparing to scrutinise Kenya’s debt profile through a formal debt sustainability analysis, a critical step in determining whether the co...
Kenya sets ambitious target, seeks to quadruple tea exports to China by 2030
May 13, 2025 at 11:43 AM
Kenya has set its sights on expanding tea exports to China more than fourfold by 2030, seeking to scale shipments from the current 12.42 million kilogrammes to 50 million kilogramm...
Trump and Xi agree on 90-day tariff truce as US and China resume key trade talks
May 13, 2025 at 08:48 AM
The United States and China have agreed to reduce their steep trade tariffs for 90 days, offering a pause in tensions as both sides resume talks....
NSE launches EmpowerHER to enhance women’s access to capital and leadership
May 13, 2025 at 12:18 AM
The Nairobi Securities Exchange (NSE) has launched the EmpowerHER Patrons Circle, a new platform aimed at increasing women’s access to capital, improving financial literacy, and ...
Company supported by Aliko Dangote fully acquires Kenya's oldest tour firm
May 12, 2025 at 02:56 PM
Pollman’s Tours and Safaris, a pioneer in Kenya’s safari industry, has been fully acquired by Alterra Capital, a private equity firm backed by Africa’s richest man, Aliko Dan...
Safaricom eyes partnerships on satellite internet amid pressure from Starlink
May 12, 2025 at 11:18 AM
Safaricom is laying the groundwork for potential partnerships with satellite internet firms in a bid to extend broadband access to hard-to-reach communities and safeguard its domin...
Sh245.26 billion pending bills a threat to delivery of Govt services - Auditor General
May 12, 2025 at 10:18 AM
A backlog of unpaid government bills amounting to Sh245.26 billion is now threatening the delivery of essential services and placing enormous pressure on small businesses and suppl...
Equity Group and AGF unveil Sh64 billion expanded financing to MSMEs in region
May 11, 2025 at 05:00 PM
Equity Group Holdings and African Guarantee Fund (AGF) have renewed their partnership to support Micro, Small, and Medium Enterprises (MSMEs) with a USD500 million facility....
Over 7,000 cars stuck at Mombasa port as number plate shortage paralyses sales
May 09, 2025 at 10:54 PM
A crippling shortage of number plates has locked up more than 7,000 vehicles at the Port of Mombasa and container freight stations, leaving Kenya’s car importers and dealers batt...
Seven landmark Kenya-UAE agreements set to deepen bilateral cooperation
May 09, 2025 at 07:33 PM
Kenya and the United Arab Emirates have inked seven new agreements targeting a broad spectrum of sectors, signalling a deepening of diplomatic and economic relations between the tw...
Trump’s Sh74.8 billion AfDB funding cut threatens power plans by African states
May 09, 2025 at 06:00 PM
Donald Trump’s administration plans to slash Sh74.8 billion ($555 million) from the United States’ contributions to the African Development Fund (ADF), a move that could imperi...
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Kenya pushes bold investment reforms to fuel economic growth, global standing
May 09, 2025 at 01:07 PM
Kenya is setting the stage for a new era of investment reform, following a high-level roundtable that brought together government officials and private sector leaders to chart a cl...
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Safaricom becomes first listed firm in EA to cross USD3 billion annual revenue mark
May 09, 2025 at 10:44 AM
Safaricom has reported an 11.2 per cent rise in total revenue to Sh388.7 billion for the financial year ending March 31, 2025, making it the first listed company in the region to c...
KRA collects record Sh3.1 trillion, 6.1 per cent revenue growth despite slowdown
May 09, 2025 at 01:01 AM
The Kenya Revenue Authority (KRA) has crossed a historic threshold, announcing it has collected Sh3.113 trillion by April 30, 2025 — marking the first time the taxman has surpass...
African Originals unveils Kenya’s first locally-sourced RTD gin and tonic
May 08, 2025 at 10:17 PM
African Originals has launched the 5.8 Gin & Tonic, Kenya’s inaugural ready-to-drink (RTD) gin and tonic, which it touts to be crafted entirely from locally-sourced ingredients....
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Stanbic posts Sh3.3 billion profit in Q1 2025 driven by loan and deposit growth
May 08, 2025 at 06:39 PM
Stanbic Bank reported a Sh3.3 billion profit after tax for the quarter ending March 31, 2025....
Afreximbank unveils Sh129 billion fund to upgrade film and tv production in Africa
May 08, 2025 at 02:35 PM
The African Export-Import Bank (Afreximbank) has launched a Sh129 billion ($1 billion) Africa Film Fund aimed at elevating the continent’s film and television production to globa...
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Govt to map all 147 industrial zones in Nairobi County over next two months
May 08, 2025 at 01:23 PM
In the next two months, the government will launch a comprehensive mapping and geo-location exercise across all 147 sub-locations in Nairobi County, targeting every industry establ...
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