(NAIROBI, KENYA) – Kenya could take at least 41 years to reach its target of registering one million .ke domain names if the current rate of growth is sustained, the state agency mandated with the registration has said. The Kenya Network Information Centre (KENIC) says the scale of the challengeContinue Reading
(NAIROBI, KENYA) – Kenya is set to break ground for the much anticipated KES 2.2 trillion ($15 billion / GBP 12 billion) East Africa oil refinery in Lamu by Nigerian billionaire Aliko Dangote on 30th September. On Wednesday, Deputy President Kithure Kindiki chaired a high level inter ministerial and interContinue Reading
(NAIROBI, KENYA) – Kenya’s new motor vehicle sales fell sharply in July, extending a slowdown despite lower interest rates and a stable exchange rate that have eased asset financing for buyers. Dealers sold 1,677 vehicles during the month, 235 fewer than the 1,912 units sold in June, representing a 12.3%Continue Reading
(NAIROBI, KENYA) – A KES 130 million ($1 million / GBP 790,000) insurance payout to Sun World Safaris after devastating floods at Mara Bush Camp has brought into focus the growing role of insurance in helping Kenyan businesses absorb the financial shock of extreme weather. First Assurance has paid moreContinue Reading
(NAIROBI, KENYA) – Kenyan fintech WapiPay is partnering with Jamaican remittance company JN Money Services to expand cross border payment services between Africa and Jamaica, targeting faster and cheaper transfers as the two companies seek to grow transaction volumes. Under the partnership, which has been approved by the Bank ofContinue 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) – Banks and Safaricom accounted for 80.2 % of all dividends paid by companies listed on the Nairobi Securities Exchange in the last full financial year, confirming their place as the top choice for investors seeking steady income from equities. The 12 listed banks and the telecoms operatorContinue Reading
(NAIROBI, KENYA) – The International Air Transport Association has criticised Kenya for supporting Kenya Airways while imposing charges and policies that raise the cost of air travel and hold back the national carrier’s growth. Kamil Al-Awadhi, IATA’s Regional Vice President for Africa and the Middle East, said Kenya is amongContinue Reading
