Current Date: January 24th, 2025

Business

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...

Kenya to Revamp Satellite Communication Licensing Fees: Implications for Starlink and Industry Stakeholders

Kenya plans to increase satellite communication licensing fees, impacting companies like Starlink. Discover how new proposals from...

Kenya Private Sector Shows Resilience Amid Inflation Pressures – December 2024 PMI Report

Discover how Kenya's private sector maintained growth in December 2024 despite inflation challenges. Key insights from the Stanbic...

Carrefour Opens New Store in Westlands, Nairobi, Boosting Accessibility and Job Creation

Carrefour expands in Kenya with a new store in Westlands, creating jobs and supporting local suppliers. Learn about its impact on ...

Kenya Airways Shares Resume Trading on NSE After Suspension Lifted

Trading in Kenya Airways shares resumes on the Nairobi Securities Exchange. Learn about the reasons behind the suspension lift and...

New Marine Cargo Insurance Rules for Kenya: What Importers Need to Know

Starting February 14, 2025, Kenya mandates local Marine Cargo Insurance for import clearance. Learn how this new digital process b...

New Microfinance Act Protects Borrowers From Abusive Debt Collection

Discover how the amended Microfinance Act 2025 safeguards borrowers from harassment and ensures transparency in debt collection. L...

Registrar of Companies Dissolves 116 Firms Amid Kenya’s Economic Challenges

Discover why 116 companies were dissolved in Kenya as per the latest Gazette Notice. Explore the economic challenges driving busin...

Treasury CS John Mbadi Orders Budget Cuts for State Corporations in 2025/2026

Treasury CS John Mbadi has issued directives for State Corporations to slash spending on legal fees, travel, training, and more in...

Sanlam Kenya Shareholders Approve KSh 3.25 Billion Rights Issue to Recapitalise Balance Sheet

Sanlam Kenya shareholders approve a KSh 3.25 billion rights issue to repay debts and fund growth. Discover the strategy behind thi...

Tetra Pak Wins 2024 Sustainable Packaging Award for Paper-Based Barrier Innovation

Tetra Pak’s paper-based barrier material wins the 2024 Sustainable Packaging News Resource Efficiency Award. The innovation cuts...

Kenya, Uganda, Rwanda, and South Sudan Commit to Eldoret-Kampala-Kigali Pipeline Project

Kenya, Uganda, Rwanda, and South Sudan commit to building the Eldoret-Kampala-Kigali refined petroleum products pipeline to stream...