World Chambers Convenes in Nairobi, Targets to Boost Intra-Africa Trade
The World Chambers Federation (WCF) Africa Summit 2025 has trained its focus on boosting intra-Africa trade, dismantling non-tariff barriers, accelerating digital transformation and business inclusivity targeting women and MSMEs as it kicks-off [...]
KCB Bank, Mi Vida Homes Team Up to Build Affordable Homes
KCB Bank and real estate developer Mi Vida Homes have entered a strategic partnership to accelerate the development of affordable homes in Kenya. By leveraging our financial expertise and Mi [...]
Court Halts 16-Storey Lavington Housing Project for Two Months Amid Opposition
The Court of Appeal has directed that construction work on a controversial 16-storey housing project in Nairobi’s Lavington estate be paused for 60 days, even as it dismissed an application [...]Kenya Power Targets 150,000 New Connections After AfDB Backing
Kenya Power intends to ramp up its rural electrification drive, aiming to connect 150,000 additional customers to the grid under the sixth phase of its Last Mile Connectivity Project (LMCP). [...]Trade CS, KEBS Summoned Over KSh 420mn Loss in Contaminated Rice Scandal
The Kenya Bureau of Standards (KEBS) is on the spotlight over a Sh420 million loss at the agency through forgery and falsification of documents. “The issue of importing contaminated rice is [...]CBK Cuts Base Rate to 10%, Bad Loans Highest in 2 Decades
The Central Bank of Kenya (CBK) has lowered its base lending rate to 10.00% — the lowest since May 2023, when it stood at 9.50%. Inflation rose slightly to 3.6% [...]
Gates Foundation Withdraws from Host Country Agreement in Kenya Amid Legal Controversy
The Gates Foundation (formerly Bill Melinda Foundation) has announced its withdrawal from a controversial Host Country Agreement with Kenya that granted it diplomatic privileges and immunities, following months of [...]Japanese Trading Firm Bets on Kenya, Uganda in Pharmaceutical Acquisition Deal
Japan’s Marubeni Corporation is acquiring a minority interest in Phillips Healthcare, a Mauritius-based pharmaceutical firm with extensive operations in Kenya, Uganda, Ethiopia, and Egypt. “The Commission will, in accordance with [...]Tight Supply Pushes Cooking Oil Prices Up, Poultry Meat Stable- FAO
The tightening supply of palm oils from producing regions and the strengthening of the Euro against the USD led to a surge in the prices of cooking oil and meat in [...]Kenya's Listed Insurers in 2024: Profits, Payouts Untapped Potential
The Kenyan insurance sector demonstrated resilience and growth in 2024, with listed companies showing varied performance across different metrics. This comprehensive analysis compares the financial results of all NSE-listed insurance [...]Danish Firm, Slow, Acquires Kenyan Coffee-Roasting Company to Expand Operations
Denmark-based sustainable coffee company, Slow, has acquired African Coffee Roasters (ACR) —a Kenya-based roastery known for its origin-based coffee processing model as it intends to strengthen its global supply chain [...]NCBA to Appeal KSh 384.5 Mn Tax Ruling on 2019 Merger
NCBA Group PLC has said that it will appeal a High Court ruling that nullified the KSh 384.5 million stamp duty exemption granted during the 2019 merger between NIC Bank [...]
