Regulatory Delays, Price Volatility Hamper Tullow Oil's Investments in Kenya
Tullow Oil is facing uncertainty in the progress and investments of its Kenyan oil project due to a prolonged regulatory approval process after the withdrawal of its joint venture partners, [...]
KK Security Rebrands to GardaWorld after Acquisition
Global security solutions provider GardaWorld Security has rebranded its Kenyan subsidiary—KK Security Ltd— to GardaWorld Security–Africa. “Our brand evolution reflects the breadth of our service offering. We combine local knowledge [...]US Firms Cite ‘Buy Kenya Build Kenya’, Bribery, as Trade Barriers
US companies have highlighted their limited success bidding on government tenders, citing corruption and initiatives such as the ‘Buy Kenya Build Kenya’ as reasons, according to the 2025 National Trade [...]Inflation Rises to 6-Month High in March
The inflation rate has risen for the fifth consecutive month from a low of 2.7% in October last year to 3.6% in March, according to figures from the Kenya National [...]Pakistan, Netherlands, Uganda Top Export Destinations in January
In January 2025, Uganda, Pakistan, and the Netherlands were Kenya's leading export destinations, with export values of KSh 9.8 billion, KSh 6.7 billion, and KSh 5.9 billion, respectively. Non-food industrial [...]Kenya Power Triples Electricity Sales to Tanzania
Kenya Power (KPLC) tripled electricity sales to Tanzania in January, a month after the cross-border electricity trade begun, data from the Kenya National Bureau of Statistics' (KNBS) shows. Imports from [...]Reprieve for Lipa Later as Court Urges Investor to Resolve Dispute Via Arbitration
A dispute between Growth Studio Ventures, an Africa-focused venture capital firm, and Lipa Later Limited, an e-commerce credit provider, has taken a turn after the High Court ruled to stay [...]Umeme Disputes Buyout, Trading Suspended on NSE, USE
The Nairobi Securities Exchange (NSE) and the Uganda Securities Exchange (USE) have temporarily suspended trading of Umeme Limited shares following the buyout of the company's operations by the Ugandan government. [...]Nairobi's Construction Boom Slows Down
The value of building plans approved in the Kenyan capital saw a steep 27.5% decline to KSh 10.17 billion in January 2025 from KSh 14.02 billion in January 2024, according [...]Navigating Forex Volatility: How Businesses Can Leverage Banks to Optimize Cross-Border Transactions
Kenya’s active participation in the ever-growing global trade market presents immense opportunities for businesses engaged in cross-border transactions. However, foreign exchange volatility remains a significant challenge for businesses that are [...]
Carbacid Takeover Bid for BOC Kenya Collapses
The long-delayed takeover bid for BOC Kenya has officially lapsed, marking the end of an acquisition attempt that had been embroiled in regulatory proceedings and strategic reconsiderations. BOC Kenya, a [...]Kenya's Geothermal Output Declines as Energy Mix Shifts
Kenya’s Geothermal energy production declined to 2,875.33 GWh in the second half of 2024, making up 39.81% of the total energy mix—down from 44.55% in the same period a year [...]
