Current Date: February 28th, 2025

Business

NSSF Leverages Technology to Process Benefits Within 24 Hours

The National Social Security Fund (NSSF) in Kenya has implemented advanced digital solutions to process retirement benefits within...

State Issues Warning to Sugar ‘Cartels’ Hindering Sector Growth with Court Cases

Agriculture Principal Secretary Paul Rono has urged sugar cartels in Kenya to halt their legal battles, which are stalling sector ...

Mobius Motors Ceases Operations in Kenya

Mobius Motors is set to cease its operations in Kenya after shareholders voted for liquidation. A creditors' meeting is scheduled ...

Ruto Pledges Reforms for Kenya Power and Other State Enterprises

President William Ruto has announced major reforms for Kenya Power and other state enterprises to enhance governance and operation...

Farmers Rejoice as Sony Sugar Settles Ksh306 Million Historic Debt

Sony Sugar clears Ksh306 million in historical debts to farmers, including a government contribution of Ksh181 million and additio...

IMF: Africa’s Growth Potential Remains Strong Despite Challenges

The IMF highlights Africa's strong growth potential despite facing significant economic challenges such as inflation and climate c...

Tanzanian Company Set to Purchase Bamburi Cement for Sh23 Billion

Discover how Amsons Group plans to acquire Bamburi Cement, a major move in East African investment, signaling growth in the region...

Licensing Delays and Regulatory Gaps Impact Mining Sector

Discover the challenges facing Kenya's mining sector, including regulatory hurdles in permit issuance and concerns over discrimina...

Mudavadi: 19 Memorandums of Understanding in Progress with Gulf Nations

Prime Cabinet Secretary Musalia Mudavadi announces that Kenya is negotiating 19 MoUs with Gulf countries, with advanced discussion...

Public Weighs In on Road Levy Increase as State Defends Decision

Kenya Roads Board (KRB) proposes increasing the Road Maintenance Levy on petrol and diesel from Sh18 to Sh25 per litre to fund roa...

Value of Imported Used Clothes Rises to Sh28 Billion

Kenyan traders spent nearly Sh28 billion on importing second-hand clothes, reflecting a growing preference for used attire despite...

Financial losses from protests against the Finance Bill amounted to Ksh3 billion

Discover how the Nairobi business community faced significant losses due to vandalism and looting in the CBD amid recent protests....

Kenya to Use Part of $1.2 Billion World Bank Loan to Settle Eurobond Maturing in June 2024

The Kenyan government will use part of a $1.2 billion Development Policy Operations loan from the World Bank to settle the remaini...

Stanbic Bank Kenya Reports Mixed First Quarter Results

Stanbic Bank Kenya's first quarter financial report reveals a mixed performance, with a decline in operating income offset by an i...

Navigating Turbulence: C&G’s Tax Disputes and Strategic Moves

Explore C&G's journey through tax disputes with KRA, strategic acquisitions, and financial strain, offering insights into navigati...

Mastercard and I&M Bank Extend Strategic Collaboration in Kenya

Discover how the extended 8-year alliance between Mastercard and I&M Bank in Kenya is set to benefit cardholders with enhanced val...

Enhancing Visibility: Elon Musk’s Innovations to X’s Block Feature

Discover how Elon Musk's latest adjustments to X's block feature enhance reply visibility, empowering users to safeguard their acc...

Kenya Airways Suspends Flights to Kinshasa Due to Employee Detention | Latest News

Kenya Airways (KQ) announces the suspension of its flights to Kinshasa following the prolonged detention of its employees by autho...

I&M Bank Extends Free Money Transfers to Small Business Owners: Boosting Financial Inclusivity

I&M Bank extends its offering of free M-Pesa and Airtel Money transfers to sole business owners, promoting financial inclusivity a...

Celebrating a Decade of Innovation: OPPO Unveils Exciting Plans for Kenyan Customers

Join OPPO Kenya in celebrating a decade of innovation and service to Kenyan customers! Discover exciting plans, including price re...