(NAIROBI, KENYA) – Centum Investment Company became a debt-free holding company in the year ended 31st March 2026, but borrowing risks have increased across its operating businesses, according to disclosures in its latest annual report. The Nairobi Securities Exchange-listed firm had previously used large amounts of debt to fund expansion,Continue Reading
(NAIROBI, KENYA) – Growing economic hardships in the country have pushed most Kenyans to seek relief by borrowing billions of shillings from digital lenders to meet their daily consumption needs. Latest data from the Central Bank of Kenya indicated that over eight million accounts had borrowed over KES 150 billionContinue Reading
(NAIROBI, KENYA) – Kenya’s fish industry is turning increasingly to processing and value addition as producers seek to bridge the country’s persistent fish supply gap while opening access to higher value domestic and international markets. The push comes as fish production reached a record 189,150.6 tonnes in 2025, an increaseContinue Reading
(NAIROBI, KENYA) – East African Community (EAC) nationals can live, work and run businesses in Kenya without paying for a work permit, even as a pronouncement by President William Ruto to bar foreign nationals from operating micro and small enterprises stirs unease in the region. The pronouncement has particularly unsettledContinue Reading
(NAIROBI, KENYA) – Kenya’s High Court has dismissed a lawsuit filed by the Consumer Federation of Kenya (Cofek) seeking refunds from Stanbic Bank for revellers who attended a music festival organised by the lender in Nairobi on 10th June 2023. The consumer lobby group had claimed that hundreds of fansContinue Reading
(NAIROBI, KENYA) – Questions over missing records at the Kenya Civil Aviation Authority (KCAA) have deepened a dispute over recruitment of the state agency’s next director general, with the High Court noting that the matters raised require a full hearing. The court noted that the petitioners had complained that KCAAContinue Reading
(NAIROBI, KENYA) – Global Brent crude prices have crossed the $100 (KES 12,941) mark for the first time since July 2026, pointing to higher pump prices in Kenya for the new monthly pricing cycle from 15th October. Market data shows that oil prices rose around 1% on Thursday, extending gainsContinue Reading
(NAIROBI, KENYA) – The National Infrastructure Fund (NIF) expects about KES 42 billion ($325 million / £251 million) in annual income from government securities as it seeks to create a steady financing pool for large strategic infrastructure projects while preserving its seed capital. The NIF seed capital presently stands atContinue Reading
(NAIROBI, KENYA) – Kenya has stepped up efforts to restore Nairobi’s rivers, with renewed emphasis on partnerships, improved waste management and protection of riparian areas to create cleaner and healthier urban ecosystems. Environment, Climate Change and Forestry Cabinet Secretary Dr Deborah Mlongo Barasa and Lands, Public Works, Housing and UrbanContinue Reading
(NJORO, KENYA) – Egerton University’s Agro-Science Park, working with private and public industry partners, has developed high yielding, drought and disease resistant crop seed varieties as a measure for coping with the effects of climate change. Egerton University Director for Agro-Science Park Professor Paul Kimurto said the initiative was alsoContinue Reading
