Current Date: February 28th, 2025

Business

Kenyan Tech Innovator Claims Ownership of Maisha Namba, Seeks Ksh391 Billion Compensation

Kenyan software developer Moses Victor Orwa Onyango has sued the government, claiming Maisha Namba was his idea. He seeks Ksh391 b...

DP Kindiki Announces Major Cut in Bank Lending Rates to Boost Affordable Credit

Deputy President Kithure Kindiki has announced another reduction in Kenya’s bank lending rates in March 2025, following CBK’s ...

Zuku Fined Ksh500K for Sending Unsolicited Promotional Messages to Former Client

Zuku has been fined Ksh500,000 for violating Kenya’s Data Protection Act by spamming a former customer with unwanted promotional...

Lawyer Danstan Omari Sues KCB for Wrongful CRB Blacklisting, Seeks Sh20 Million

Prominent lawyer Danstan Omari has taken KCB to court over wrongful CRB blacklisting, demanding Sh20 million in damages for reputa...

President Ruto Approves 2025 Budget and Major Reforms at JKIA

President William Ruto on Tuesday chaired a Special Cabinet meeting at State House, Nairobi, where the Cabinet approved the 2025 B...

Kenya Airways Issues Fraud Alert on Fake Job Advertisement

Kenya Airways warns the public about a fake job memo circulating on social media. Stay informed and verify job openings only throu...

Kenya Airways Strengthens Collaboration with Government for ‘Fly Kenya’ Policy

Kenya Airways engages with government stakeholders to promote the 'Fly Kenya' policy, ensuring seamless government travel and stre...

Central Bank of Kenya Cuts Interest Rates and CRR to Stimulate Economic Growth

The Central Bank of Kenya (CBK) has reduced the Central Bank Rate (CBR) and Cash Reserve Ratio (CRR) to encourage economic activit...

The Future of Family-Owned Businesses in Kenya: Why Listing on the NSE is the Key to Longevity

Discover why family-owned businesses in Kenya should consider listing on the Nairobi Securities Exchange (NSE) to ensure longevity...

Former KEPSA Chair Nicholas Nesbit Charged with Defrauding Bidco CEO Vimal Shah of Sh102M

Former KEPSA Chair Nicholas Nesbit has been charged with defrauding Bidco CEO Vimal Shah of Sh102 million in a foreign exchange de...

Surge in Foreign Investor Exits at Nairobi Securities Exchange Amid Q4 2024 Gains

Foreign investor exits at the Nairobi Securities Exchange (NSE) hit Sh16.6 billion in Q4 2024 despite a strong local currency and ...

Kenyan Youth Drive Change Through Side Hustles and Entrepreneurship Amid Economic Challenges

Amid economic challenges, Kenyan youth are embracing entrepreneurship and side hustles to overcome unemployment and financial pres...

Safaricom Appoints Edward Okaro as Independent Non-Executive Director

Safaricom PLC appoints Edward Okaro as an Independent Non-Executive Director. With over 30 years of experience in financial manage...

Chinese Tyre Giant Linglong Tires to Establish Manufacturing Plant in Kenya

Chinese tyre manufacturer Linglong Tires plans to open a factory in Kenya, creating thousands of jobs and boosting foreign investm...

Kenya Mandates Physical Offices for Social Media Companies Amid Regulatory Push

The Kenyan government now requires social media companies to establish local offices, aiming to curb digital misuse and enhance re...

Kenya-UAE Trade Deal: A Strategic Shift in Global Trade Dynamics

Discover how the Kenya-UAE trade deal aims to boost trade, expand markets for Kenyan exports, and challenge China's dominance in K...

A Comprehensive Guide to Money Market Funds (MMFs) in Kenya – January 2025

Discover why Money Market Funds (MMFs) are the preferred investment choice in Kenya. Learn about top-performing MMFs, benefits, an...

China Square Expands in Kenya with New Store at Two Rivers Mall

China Square opens a new store at Two Rivers Mall, Nairobi, with plans for further expansion across Kenya, including a new outlet ...

Air Cargo Africa 2025: Showcasing East Africa’s Rise as a Global Logistics Hub

In February 2025, Nairobi will become the epicenter of East Africa’s logistics revolution as it hosts Air Cargo Africa 2025, a p...

CMA Denies Reports on Standard Media Group Sale to Rwandan Firm

The Capital Markets Authority (CMA) has dismissed reports of Standard Media Group's sale to a Rwandan company as fake. Learn about...