Kenyan business and current-affairs publication covering companies, markets, economy, careers, technology and national news.
Elon Musk recently achieved yet another major milestone, becoming the first ever person worth half-a-trillion dollars. The richest person on the planet is now worth $500 billion, as per Forbes’ Real-Time Billionaires tracker. Musk, who…
It is all systems go as Kenya Pipeline Company(KPC) floats a tender for services of a transaction adviser, to set the ball rolling towards its Initial Public Offer, set for March 2026. The adviser will also oversea the activities of a Lead…
Safaricom has partnered with Huawei to launch VybCall, Kenya’s first Video Ring Back Tone (VRBT) service, allowing users to replace traditional caller tunes with short video clips. The new feature makes Kenya the first country in Africa to…
East Africa’s business community is buzzing as more than 400 of the region’s most influential leaders gather in Kampala for the 3rd Stanbic East Africa Business Summit. The energy is high, the message is bold, and the goal is clear to turn…
Kenya and Burundi have renewed their pledge to strengthen ties by boosting trade, investment, and economic collaboration, as regional leaders gather in Nairobi for the ongoing COMESA Summit of Heads of State and Government. Cabinet…
Nominated Senator Maureen Tabitha Mutinda has earned a major international appointment after being elected to the Board of Governance of the Parliamentary Network on the World Bank and the International Monetary Fund for the 2025 to 2027…
Information and Communication Cabinet Secretary William Kabogo has unveiled Kenya’s ambitious plans to collaborate with Romania in advancing cybersecurity, innovation, and digital trade. Kabogo made the pitch on Wednesday, October 8, while…
Kenya’s taxman has hit a major milestone in its decades-long quest to modernise revenue collection, announcing it collected Ksh 85.1 billion in customs taxes for September 2025, the highest amount ever recorded in a single month. The…
Coffee sold at the Nairobi Weekly Auction reached a total of 11,179 bags or 695,939 kg by brokers. The sale generated a total value of US$ 5,222,913, equivalent to approximately KSh 704 million, with an overall average price of US$ 375.24…
BWH Hotels, the global hospitality firm, has elevated its presence in the East African market, rebranding one of its key Nairobi properties as a Best Western Premier—the company’s first hotel under its highest-tier Best Western brand in…
Mars Wrigley Kenya has donated 30 laptops and refurbished the computer lab at St. Patrick’s High School in Nairobi, marking a strategic investment in digital education as part of the confectionery giant’s broader community engagement…
Parliament has put Posta Kenya in the spotlight with a bold plan to rescue the struggling state-owned corporation. In a session on Wednesday, October 8, 2025, the Departmental Committee on Communication, Information and Innovation met to…
Google today announced a major initiative to support higher education across Africa by offering its premium AI subscription, Google AI Pro for free to university students for 12 months.
CIC Insurance Group has unveiled the CIC Global Balanced Special Fund, a USD-denominated balanced collective investment scheme, marking its entry into the global investment scene.
As Kenya takes over the chairmanship of the Common Market for Eastern and Southern Africa (COMESA), leaders gathering in Nairobi have called for accelerated regional integration, enhanced intra-African trade, and a shift from raw exports…
Listed non-banking financial services firm Sanlam Kenya Plc (NSE: SLAM) has announced the launch of the Sanlam Akiba Plus Pensions product that will be primarily delivered and distributed on its digital platform. Sanlam Akiba Plus has been…
Central Bank of Kenya(CBK) has not lifted its foot from the easing pedal, piling more pressure on commercial banks yet again to release their purse strings and lend to private business. At its October 7th meeting, the CBK’s top policy…
Millions of workers in Kenya’s micro, small and medium-sized enterprises, or MSMEs, could soon enjoy retirement benefits for the first time, thanks to a new partnership between Octagon Africa and Alexforbes. The collaboration aims to make…
Safaricom has announced temporary closures of its retail shops across the country to allow for an internal staff event. In a statement released on Wednesday, October 8, the company informed customers of adjustments to its operating hours…
Kestrel Capital East Africa Limited (KCEAL), a pioneering investment bank in East Africa and a leading stockbroker in Kenya, has announced its acquisition by Theo Capital Holdings Ltd through a management buyout (MBO).
The government has embarked on a major youth empowerment drive through the National Youth Opportunities Towards Advancement (NYOTA) Programme, an ambitious initiative that seeks to uplift 820,000 vulnerable and unemployed young Kenyans by…
The Central Bank of Kenya (CBK) has lowered its benchmark lending rate in a move aimed at boosting private sector lending and supporting economic growth. In a statement released on Tuesday, October 7, 2025, CBK Governor and Monetary Policy…
President William Ruto has unveiled plans to create two powerful investment vehicles that he says will help Kenya grow without sinking deeper into debt. The head of state announced that his government is setting up an infrastructure fund…
Safaricom Plc, which enjoys dominance in Kenya’s Telco’s business, is facing a state-owned EthioTel- which has sharpened its advantage and is on course to blow up all the investments that the Kenyan operator has sunk into the Ethiopian…
