(NAIROBI, KENYA) – Kenya faces fresh pressure on fuel prices, transport costs and industrial supplies after shipping traffic through the Strait of Hormuz fell to single digits, raising fears of deeper disruption to imports from the Gulf. Preliminary ship tracking data by Reuters showed on Friday that only seven vesselsContinue Reading
(NAIROBI, KENYA) – Kenya’s Capital Markets Authority has warned the public against investing in 15 funds it says are operating illegally in the country, including two schemes that have drawn thousands of Kenyans in recent months. The regulator named Global Investment Group and Quant Vest Stock Exchange among the unlicensedContinue Reading
(NAIROBI, KENYA) – Kenya’s competition watchdog has ordered East African Breweries Plc to reserve at least 20% of refrigerator space in retail outlets for rival brands, in a move expected to widen consumer choice and lower barriers for smaller beverage makers. The Competition Authority of Kenya attached the condition toContinue Reading
(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) – Carrefour Kenya increased its revenue by KES 5.89 billion ($45.5 million / £35.9 million) in 2025, as the retailer expanded its store network across East Africa’s largest economy. The growth reflects Carrefour’s widening presence in Kenya, where it is competing more aggressively with Naivas and Quickmart. FinancialContinue 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
(MURANG’A, KENYA) – Farmers in Murang’a county have welcomed the extra reduction in fertilizer prices for a 50 kilogram bag through a government initiative under the National Cereals and Produce Board (NCPB). The farmers expressed joy for the reduced price, terming it a relief on financial burdens as they prepareContinue Reading
(MALABA, KENYA) – Several trade unions in the transport sector have launched a joint campaign to advocate better working conditions, fair pay and enhanced safety for long distance truck drivers operating across Kenya and Uganda. They include the Transport Workers Union Kenya (TAWU), the Long Distance Drivers and Conductors AssociationContinue Reading
(MOMBASA, KENYA) – The government has allocated KES 74.1 billion ($571 million / GBP 450 million) for key enabling infrastructure to fast track the operationalisation of the Mombasa Special Economic Zone (SEZ) in Dongo Kundu and unlock its potential for investment, job creation and export growth. The Principal Secretary (PS)Continue Reading
(NAIROBI, KENYA) – Four Kenyan lenders, KCB Group, Equity Group, Co-operative Bank of Kenya and Stanbic Holdings, have been included among the world’s best performing banks in the latest Forbes ranking. The institutions were assessed using financial information, desk research and data provided directly by participating banks. To qualify, KenyanContinue Reading
