(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
(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
(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
