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Bamburi Cement unveils Sh100 million concrete plant to meet Coast demands
Apr 24, 2025 at 06:44 PM
Bamburi Cement Plc, a subsidiary of Amsons Group, has unveiled a Sh100 million Ready-mix (RMX) concrete plant in Mombasa to cater to the region’s growing demand for high-quality ...
Why Kenya Railways suspended services to Lukenya and Syokimau on Thursday
Apr 24, 2025 at 11:12 AM
Kenya Railways Corporation on Thursday morning announced the suspension of its commuter link trains to Lukenya and Syokimau....
Kenya and Ethiopia seal agreement to boost cross-border trade under AfCFTA
Apr 23, 2025 at 10:50 PM
Kenya and Ethiopia have signed a bilateral agreement aimed at fast-tracking the African Continental Free Trade Area (AfCFTA) implementation through a simplified trade regime, marki...
CBK seeks public input on new credit pricing model to reform lending rates
Apr 23, 2025 at 03:41 PM
The Central Bank of Kenya (CBK) has invited public comments on a proposed revision to the Risk-Based Credit Pricing Model, aiming to enhance transparency and ensure lending rates r...
Elon Musk to retreat from Trump's DOGE as Tesla revenues slump by Sh3.1 trillion
Apr 23, 2025 at 02:14 PM
Tesla’s dramatic slump in earnings has triggered a sharp retreat from politics by its high-profile chief executive, Elon Musk, who has vowed to reduce his engagement with Preside...
Kenya unlocks Sh126 billion in China to boost industrial and agricultural growth
Apr 23, 2025 at 11:47 AM
Kenya has struck a Sh126 billion investment deal with China, unlocking a cascade of funding across manufacturing, agriculture and tourism — all under the banner of President Will...
Intel to lay off over 20 per cent of workers in major shake-up under new CEO
Apr 23, 2025 at 11:19 AM
Intel Corporation is preparing to lay off more than 20 per cent of its global workforce this week in a sweeping bid to reduce bureaucracy and refocus on engineering, Bloomberg News...
Kenya’s abrupt overhaul of ETA system raises storm in tourism and tech sectors
Apr 22, 2025 at 04:01 PM
Kenya’s quiet scrapping of its Electronic Travel Authorisation (ETA) system has turned into a storm cloud over the country's tourism and tech sectors, as Swiss firm Travizory Bor...
Standard Group ordered to pay former CEO over Sh38 million in exit dispute
Apr 22, 2025 at 03:06 PM
The Standard Group PLC has been ordered to compensate its former Group Chief Executive Officer, Orlando Lyomu, to the tune of Sh38,342,857, following a ruling by the Employment and...
Shell, Rubis, Total control above half of local fuel market as competition trudges
Apr 22, 2025 at 02:26 PM
Kenya’s fuel industry continues to be dominated by just three companies, even though there are 144 oil marketing companies (OMCs) registered in the country....
KEBS sued over Sh100 million tender as local firm challenges exclusion
Apr 22, 2025 at 12:55 PM
A local company has dragged the Kenya Bureau of Standards (KEBS) to the High Court over what it describes as a prejudiced and exclusionary procurement process worth hundreds of mil...
Court orders Dawa Life Sciences to pay Sh3.8 million for pay discrimination
Apr 22, 2025 at 12:25 PM
A Kenyan court has ruled that Dawa Life Sciences Limited unlawfully discriminated against one of its senior managers by paying him significantly less than his counterparts, awardin...
Kenya’s electricity crisis persists despite scrapping of transformer excise duty
Apr 22, 2025 at 11:23 AM
Kenya’s electricity crisis is set to persist even as lawmakers voted to scrap excise duty on imported transformers—a move intended to cut connection fees that remain prohibitiv...
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Equity Bank urges SMEs, HNIs to seek partnerships in their expansion plans
Apr 21, 2025 at 07:55 PM
Equity Bank has called on Small and Medium-sized Enterprises (SMEs) in Kenya to partner with the bank as they formulate plans to scale their businesses....
Why KQ flights were diverted from JKIA
Apr 17, 2025 at 01:29 PM
Several Kenya Airways flights were rerouted to Mombasa and Kilimanjaro on Thursday morning after fog disrupted operations at Nairobi’s Jomo Kenyatta International Airport (JKIA),...
Habanos Lounge ordered to shut down
Apr 17, 2025 at 12:28 PM
Habanos Lounge, the well-known nightspot perched along Northern Bypass near Kiambu Road, has been ordered to shut down by the National Environment Management Authority (NEMA) with ...
NCBA Bank: A powerhouse in financial literacy helping grow Kenya’s economy
Apr 17, 2025 at 10:06 AM
Financial literacy is a foundation of economic empowerment, especially in developing economies like Kenya....
Kenya sets sights on fresh IMF funding amid budget deficit concerns
Apr 17, 2025 at 09:36 AM
Kenya has begun laying groundwork for a new financing agreement with the International Monetary Fund (IMF), with the government hoping to conclude talks by November this year, Prim...
Lobby sues to block new budget until Govt clears Sh600 billion pending bills
Apr 17, 2025 at 08:24 AM
A human rights group has asked the High Court to halt Kenya’s 2025/26 budget-making process, arguing that the government must first settle over Sh600 billion in long-standing unp...
Kirinyaga coffee farmers earn up to Sh145 per kilo as county reforms bear fruit
Apr 16, 2025 at 10:56 PM
Coffee growers in Kirinyaga are reaping the benefits of improved policies and direct market access, with several factories confirming cherry payouts of up to Sh145.10 per kilogramm...
Super Metro halts operations for 3 days as 269 drivers are ordered off the road
Apr 16, 2025 at 09:16 PM
Super Metro Limited has halted its operations for three days after the Transport Licensing Appeals Board (TLAB) ordered the immediate disengagement of 269 drivers and reinstated th...
CBK lifts decade-long moratorium on licencing of new commercial banks
Apr 16, 2025 at 07:57 PM
New commercial banks will once again be able to establish their presence in Kenya starting July 1, 2025, following a decision by the Central Bank of Kenya (CBK) to lift the morator...
KRA writes off Sh158 billion for 2.9 million taxpayers under its amnesty programme
Apr 16, 2025 at 06:21 PM
The Kenya Revenue Authority (KRA) has scrapped penalties, interest, and fines amounting to Sh158 billion for 2.9 million individuals and businesses as part of its ongoing tax amnes...
SBM Bank returns to profitability with Sh12.4 million post-tax profit in Q1 2025
Apr 16, 2025 at 01:48 PM
SBM Bank Kenya has posted a Sh12.4 million after-tax profit for the first quarter of 2025, marking a dramatic turnaround from a Sh370 million loss recorded during the same period i...
Equity Group boss James Mwangi conferred Freedom of the City of London
Apr 16, 2025 at 01:37 PM
Equity Group Holdings MD and CEO Dr James Mwangi has been conferred the Freedom of the City of London, which is one of the world’s oldest and most cherished civic honours....
Tullow's Sh15.6 billion deal to exit Kenya
Apr 15, 2025 at 05:06 PM
Tullow Overseas Holdings BV has entered into a Sh15.6 billion transaction to divest its entire Kenyan operations to Gulf Energy Ltd, a move the British oil and gas company says wil...
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CDSC to deactivate its Rhino chatbot
Apr 15, 2025 at 04:15 PM
The Central Depository and Settlement Corporation (CDSC) will deactivate its Rhino chatbot platform on Friday, effectively cutting off the digital assistant that has served investo...
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