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 ...
Business
January 15, 2025
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...
Business
January 10, 2025
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...
Business
January 8, 2025
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...
Business News
January 7, 2025
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...
Business
January 6, 2025
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...
Business
December 20, 2024
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...
Business
December 16, 2024
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...
Business
December 16, 2024
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...
Business
December 10, 2024
Absa Bank Shines in 2024 Banking Awards with Outstanding Leadership and Innovation
Discover how Absa Bank Kenya’s exceptional leadership and innovative strategies secured multiple accolades, including CXO of the...
Business News
December 5, 2024
M-Pesa Reaches 34 Million Subscribers: Revolutionizing Financial Services in Africa
Discover how M-Pesa, Safaricom's mobile money service, hit 34 million subscribers in November 2024. Learn about its innovative fin...
Business
December 4, 2024
Savannah Clinker Withdraws Bamburi Cement Acquisition Amid Controversy
Savannah Clinker Limited has withdrawn its bid to acquire Bamburi Cement following approval by the Capital Markets Authority (CMA)...
Business
December 3, 2024
Safaricom Revamps 5G for Business to Empower SMEs with Faster Internet
Safaricom has enhanced its 5G for Business service to provide SMEs with faster and more reliable internet connectivity, catering t...
Business
December 2, 2024
I&M Bank Reduces Interest Rates by 0.75% to Support Economic Growth
I&M Bank has announced a 0.75% reduction in its interest rates, following the Central Bank of Kenya’s (CBK) decision to ...
Business
August 19, 2024
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...
Business News
August 9, 2024
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 ...
Business News
August 6, 2024
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 ...
Business News
July 29, 2024
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...
Business News
July 11, 2024
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...
Business
July 10, 2024
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...
