The National Social Security Fund (NSSF) in Kenya has implemented advanced digital solutions to process retirement benefits within 24 hours, as part of its 2023–2027 Corporate Strategic Plan. This transformation enhances efficie...
Agriculture Principal Secretary Paul Rono has urged sugar cartels in Kenya to halt their legal battles, which are stalling sector reforms. The government has approved a Sh117 billion debt waiver for public sugar firms to improve c...
Mobius Motors is set to cease its operations in Kenya after shareholders voted for liquidation. A creditors' meeting is scheduled for August 15, 2024, to approve the appointment of KVSK Sastry as the liquidator. Founded in 2011 by...
President William Ruto has announced major reforms for Kenya Power and other state enterprises to enhance governance and operational efficiency. The reforms, aligned with the Ownership Policy for Government-Owned Enterprises, aim ...
Sony Sugar clears Ksh306 million in historical debts to farmers, including a government contribution of Ksh181 million and additional payments for recent cane deliveries. The company is on a recovery path, improving daily producti...
The IMF highlights Africa's strong growth potential despite facing significant economic challenges such as inflation and climate change. The report emphasizes the continent's appeal to investors, ongoing development initiatives, a...
Discover how Amsons Group plans to acquire Bamburi Cement, a major move in East African investment, signaling growth in the regional cement sector.
Discover the challenges facing Kenya's mining sector, including regulatory hurdles in permit issuance and concerns over discriminatory practices. The Kenya Chamber of Mines calls for intervention to address bureaucratic inefficien...
Prime Cabinet Secretary Musalia Mudavadi announces that Kenya is negotiating 19 MoUs with Gulf countries, with advanced discussions with Qatar, UAE, and Saudi Arabia. Efforts include securing job openings and developing a skills p...
Kenya Roads Board (KRB) proposes increasing the Road Maintenance Levy on petrol and diesel from Sh18 to Sh25 per litre to fund road maintenance. Public participation sessions held across the country reveal mixed reactions, with co...
Kenyan traders spent nearly Sh28 billion on importing second-hand clothes, reflecting a growing preference for used attire despite efforts to boost the local textile industry. The surge in mitumba imports poses challenges amidst h...
Discover how the Nairobi business community faced significant losses due to vandalism and looting in the CBD amid recent protests. Learn about their challenges, criticisms of law enforcement, and the impact on local businesses.
The Kenyan government will use part of a $1.2 billion Development Policy Operations loan from the World Bank to settle the remaining portion of its Eurobond maturing in June 2024. Central Bank of Kenya Governor Kamau Thugge assure...
Stanbic Bank Kenya's first quarter financial report reveals a mixed performance, with a decline in operating income offset by an increase in net profit. Challenges in foreign exchange trading and rising interest expenses are mitig...
Explore C&G's journey through tax disputes with KRA, strategic acquisitions, and financial strain, offering insights into navigating challenges amidst shifting economic climates on the Nairobi Securities Exchange (NSE).
Discover how the extended 8-year alliance between Mastercard and I&M Bank in Kenya is set to benefit cardholders with enhanced value propositions. Explore the strategic collaboration's impact on digital payments, lifestyle benefit...
Discover how Elon Musk's latest adjustments to X's block feature enhance reply visibility, empowering users to safeguard their accounts and uphold platform integrity. Explore the latest updates and X's expansion with the Smart TV ...
Kenya Airways (KQ) announces the suspension of its flights to Kinshasa following the prolonged detention of its employees by authorities. Learn more about the situation and the Kenyan government's response here.
I&M Bank extends its offering of free M-Pesa and Airtel Money transfers to sole business owners, promoting financial inclusivity and supporting small-scale entrepreneurs. Discover how these initiatives, including waived business r...
Join OPPO Kenya in celebrating a decade of innovation and service to Kenyan customers! Discover exciting plans, including price reductions on the popular OPPO A18, and the expansion of customer experience shops. Experience cutting...
