True Cost of Mobile Money Services in Kenya , Impact on Low-Income Individuals
Mobile money services have emerged as a transformative financial innovation in Kenya. The have advanced financial...
The High Cost of Kenya’s Labor Export and the Path Forward
In recent years, Kenya’s Government has increasingly focused on labor export as a strategy to solve...
Monetary and Fiscal Policies aren’t enough to fix Kenya’s Economy
Kenya’s government typically relies on monetary and fiscal policies to influence macroeconomic outcomes and stabilize economic...
UAE-backed Aquilastar Breaks Ground on KSh19 Billion EV Plant in Naivasha
A UAE-backed firm, Aquilastar Corporate Investment, is establishing a Sh19 billion electric vehicle (EV) assembly plant...
KCB, Afreximbank Pump KSh 103bn into Vipingo SEZ
KCB Group and African Export-Import Bank (Afreximbank) have pumped a combined Ksh 103 billion (approximately US$800...
China Bans Nvidia AI Chips
China’s internet regulator has instructed its largest technology companies to stop buying Nvidia’s artificial intelligence (AI)...
Tackling Kenya’s Debt Crisis: Strategic Recommendations
Kenya has witnessed a substantial increase in its debt levels in recent years. According to the...
All is not lost: How Kenya can become the Singapore of Africa
Kenya has the potential to become the leading economic power in Africa, similar to Singapore’s famous...
Kenya Loses 400 Dollar Millionaires Amid Economic Pressures
Kenya’s population of dollar millionaires has shrunk, with 400 high-net-worth individuals (HNWIs) falling off the list...
Kenya Airways Plans to Raise $500 million For Fleet Expension
Kenya Airways has announced its intention to raise at least $500 million in additional capital by...
Etihad Airways to Triple Nairobi flights
Etihad Airways has announced a significant expansion of its flight schedule to Nairobi, Kenya, in a...
S&P Upgrades Kenya to ‘B’ On Reduced Near-Term External Liquidity Risks
S&P Global Ratings, an international ratings agency, has raised Kenya’s long-term sovereign credit rating to ‘B’...
Reviving the Textile and Apparel Industry in Kenya to Create Jobs
The textile and leather industry has a huge potential to transform Kenya’s economy and create jobs...
Family Bank Post 39% Profit Growth in H1 2025
Family Bank, one of Kenya's most prominent mid-tier lenders, has announced a robust performance for the...
Kenya Negotiates with China to Convert SGR Loan from Dollars to Yuan
Kenya is in discussions with China to convert its dollar-denominated railway loan into Chinese yuan, an...
I&M Group H1 2025 Profit Jumps 36%
I&M Group has posted a 36% increase in profit after tax to KES 8.31 billion in...
Bolt Launches Dash Cams for Kenyan Driver Partners
Bolt has unveiled an in-app dash cam feature for its driver partners in Kenya in partnership...
Uganda Eyes Export Boom with Launch of First Large-Scale Gold Mine
Uganda has officially launched its first large-scale gold mine, a $250 million project owned by a...
DT Dobie Goes into Liquidation
The High Court has officially placed DT Dobie into liquidation, with an official liquidator appointed to...
Court Freezes Planned KPC Sale Pending Petition
The High Court in Nairobi has temporarily blocked the planned sale of the Kenya Pipeline Company...
South Africa’s FirstRand Weighs Entry Into Kenya’s Banking Sector
South Africa’s largest lender by market capitalization, FirstRand Group, is weighing an expansion into the Kenyan...
Toyota Plans to Enter SA’s EV Market with Three Electric Models in 2026
Toyota is set to enter South Africa’s expanding electric vehicle (EV) market by introducing three fully-electric...
EPRA cuts Petrol Prices by Sh1
The Energy and Petroleum Regulatory Authority (EPRA) has reduced the pump prices for Super Petrol by...
Treasury Drops KSh 468bn Nairobi-Mombasa Expressway: What’s Next?
The Public-Private Partnership (PPP) Committee, under the National Treasury, has rejected Nairobi-Mombasa Expressway proposal over failure...
CBK Slashes Lending Rate to 9.50%
The Central Bank of Kenya (CBK) has announced a cut to its policy rate, bringing the...
TSC announces 24,000 Internship Positions in Junior Schools
The Teachers Service Commission (TSC) has announced 24,000 internship vacancies for teachers in Junior High Schools...
Court Blocks Government’s Duty-Free Rice Imports
The High Court in Kerugoya has temporarily blocked the government directive that permitted the duty-free importation...
Equity Group Reports Strong H1 Growth with 17% Profit Surge
Equity Group Holdings has posted a 17% rise in profit after tax to Sh 34.6 billion...
Africa’s AI market Set to Hit $16.5 Billion, Mastercard
Africa’s artificial intelligence (AI) market is set for rapid expansion, with a new report by Mastercard...
AfDB to lead Efforts to Mobilize $7.8 Billion for Ethiopia’s Mega Airport Project
The African Development Bank (AfDB) Group has announced that it will lead efforts to secure $7.8...
Isuzu Kenya to Build Ksh3 Billion Parts Distribution Centre in Lukenya
Isuzu East Africa has begun the construction of a new spare parts distribution center in Lukenya,...
ADvTECH acquires Nairobi’s Regis Runda Academy for Sh 1.2 Billion
Africa’s top private education provider, ADvTECH Group, has acquired Regis Runda Academy for Ksh1.23 billion (approximately...
The Gambling Epidemic: How Kenya is Bleeding Trillions, Time to Act
Kenya's economy could be much larger than its current size. One of the factors that has...
Why US Congress Want to Revoke Kenya’s Non-NATO Ally Designation
Kenya could lose its non-NATO ally status, granted by the United States, if a bill proposed...
Dangote Lands $4 Billion Refinancing Deal to Strengthen Conglomerate
Dangote Industries Limited (DIL), a Nigerian multinational conglomerate founded by Africa’s richest man, Aliko Dangote, has...
