Kenyan business and current-affairs publication covering companies, markets, economy, careers, technology and national news.
Boda boda operators in Busia County have called for stronger collaboration between Kenya and Uganda to address rising cases of cross-border motorcycle theft that continue to inflict heavy losses on riders, financiers and the wider…
By definition, an Acquisition, is a deal transaction in which one company acquires the rights to another company’s assets or the entire business by buying shares.
Nairobi senator Edwin Sifuna has alleged that a significant number of MPs privately support the Linda Mwananchi movement but are too intimidated by potential government retaliation to declare their backing openly. In an interview broadcast…
The rhythm of life in Kenya’s coastal county of Kilifi has always been defined by warm ocean breezes, abundant sunshine and a landscape where nature remains the dominant feature. With average daytime temperatures generally ranging between…
Rock Investment Bank has become the majority owner of Nabo Capital after acquiring a 60 per cent stake in the investment management firm from Centum Investment Company, marking a significant shift in Kenya’s asset management industry. The…
British American Tobacco (BAT) has announced plans to cut 5,500 jobs globally and outsource another 3,500 roles as the cigarette maker embarks on a major restructuring aimed at reducing costs and accelerating its shift towards artificial…
KenGen(Kenya Electricity Generating Company), has strategically recalibrated its long-term growth ambitions, expanding its renewable energy development pipeline to 5,500MW from the 1,500MW target set under its 10-year G2G 2034 Corporate…
Vodacom has completed its acquisition of an additional 15% effective stake in Safaricom, lifting its ownership to about 55%, just a day after securing a Capital Markets Authority exemption from making a mandatory takeover offer. This…
I&M Bank Kenya has named veteran banker Abdi Mohamed as its next Chief Executive Officer, handing the leadership of one of the country’s fastest-growing lenders to a banker with more than three decades of experience in East Africa’s…
Tanzania is making another strong pitch to international investors after more than 50 business leaders from across Africa, Europe and North America arrived in the country for a trade and investment mission aimed at identifying new…
Kenya is set to benefit from a Ksh 97.1 billion ($750 million) World Bank financing package that will support a new wave of economic reforms aimed at tightening the management of public funds, improving transparency in government and…
National Bank of Kenya (NBK) and Centum Real Estate have unveiled a strategic partnership to make home ownership more accessible
Djibril Tobe has been appointed Managing Director of Airtel Kenya, succeeding Ashish Malhotra who takes up a new role as the Chief Executive Officer of Indus Towers Africa.
The National Transport and Safety Authority (NTSA) plans to license about 70 privately operated vehicle inspection centres across the country as part of reforms aimed at expanding annual vehicle inspections and improving road safety. NTSA…
In the write up, the drafter said Mr. Mohamed would proceed on “gardening leave” while serving notice and would remain available to the board and management to ensure a seamless transition process.
This week is packed with massive dividend payments from heavyweights like Equity Group and Car & General, alongside a major listing on Monday and key macroeconomic data. 📋 AGMs: HomeBoyz Entertainment PLC (HBE) holds its AGM on Tuesday,…
NSE (Nairobi Securities Exchange) at the end of last week, saw Limuru Tea as the top gainer, its share price rising by 19.82% to KSh 538 when trading ended Friday. Limuru Tea operates tea plantations in Kenya’s Kiambu County and is…
Kenya and Rwanda have signed three key agreements that will allow Kigali to import bulk refined petroleum products through the Port of Mombasa and the Northern Corridor under a government-to-government (G2G) arrangement, in a move expected…
Kenya’s capital markets have received another boost after the Nairobi Securities Exchange (NSE) successfully listed the country’s latest green Real Estate Investment Trust (REIT), a move expected to deepen sustainable financing while…
Fly748.com has committed Ksh 3 million towards a charity initiative aimed at improving the lives of vulnerable senior citizens, joining a growing number of Kenyan companies using corporate partnerships to tackle social challenges. The…
SportPesa has launched a KSh 5,000,000 World Cup rewards campaign for eligible Sportsbook and Casino users, with up to KSh 50,000 available to individual winners and 720 customers expected to be rewarded during the tournament period.
Kenya produces about four billion eggs a year but needs around nine billion, a shortfall of roughly five billion eggs filled mainly by imports, with similar yearly gaps in milk, fish and honey.
Kenya’s efforts to tighten tobacco regulations are facing fresh resistance from businesses, with traders warning that some of the proposed measures could end up strengthening the illegal cigarette market instead of protecting public…
The board of directors has announced the resignation of Absa Bank Kenya CEO Abdi Mohamed, who doubled as Managing Director, effective 30th June 2026.
