(BERBERA, SOMALILAND) – Somaliland is positioning the port city of Berbera as an alternative digital gateway for landlocked Ethiopia and South Sudan, creating another internet connectivity corridor in East Africa’s expanding digital infrastructure network. The new route offers internet service providers, businesses and governments access to global data connections andContinue Reading
(NAIROBI, KENYA) – Centum has disclosed in its latest annual report that businessman Mr Kimani increased his holding from 69.4 million shares, equivalent to a 10.43% stake at the end of March 2025, to 76.59 million shares in the review period. The additional shares are currently valued at KES 133.38Continue Reading
(NAIROBI, KENYA) – Nairobi will host the 2029 World Athletics Championships, a selection that promises significant economic benefits for Kenya through local business activity, construction, tourism and services before and during the event. Nairobi beat other rivals including Rome and London to become the first African city to stage theContinue Reading
(NAIROBI, KENYA) – The High Court has quashed the Government’s sale of its 15% stake in Safaricom to Vodacom Group after finding that material information regarding the transaction was concealed from the public. A three judge bench held that the deal, which was completed on 30th June, 2026, had beenContinue Reading
(NAIROBI, KENYA) – The Nairobi Securities Exchange (NSE) has shed KES 158 billion ($1.22 billion / GBP 967 million / EUR 1.13 billion) in investor wealth over the past week after the share prices of blue-chip firms retreated under pressure from investors keen to profit from the market rally throughContinue Reading
(NAIROBI, KENYA) – Kenya could attract up to $600 million (KES 77.5 billion / GBP 474 million) in new investments from American companies over the next year, as US firms deepen their interest in the country as a gateway to the East African market. The investment pledges were announced duringContinue Reading
(NAIROBI, KENYA) – Kenya’s banking regulator plans to cap the expansion of the country’s largest banks, in a move aimed at reducing the risk of their collapse and the damage it would cause to the wider economy. The Central Bank of Kenya (CBK) said in new proposals that it willContinue Reading
(NAIROBI, KENYA) – Kenya’s Treasury is earning more from public funds invested in government securities, as state entities hold a growing share of domestic debt. Government entities, semi-autonomous agencies and public sector funds held KES 513.31 billion ($3.97 billion / GBP 3.13 billion) in Treasury bonds and bills as ofContinue Reading
(MURANG’A, KENYA) – The government has challenged avocado processors operating in Murang’a County to stop treating waste as a burden and instead turn it into a source of jobs, income and new business opportunities. Environment, Climate Change and Forestry Cabinet Secretary Dr Deborah Barasa said avocado waste could be convertedContinue Reading
(NAIROBI, KENYA) – Two new medicines for the treatment of Type 2 diabetes and obesity have been launched in Kenya, with health experts calling for greater emphasis on early diagnosis and preventive care as the burden of non communicable diseases continues to rise. Ozempic, used in the treatment of TypeContinue Reading
