Starlink Launches Rental Kits to Accelerate Market Penetration
Satellite internet provider, Starlink, plans to ease the acquisition of its expensive kits by allowing customers in Kenya to rent them on a monthly basis. The satellite internet provider owned [...]
Bidco Affiliate Acquires Ribena, Lucozade Manufacturer
Bidcoro Africa Limited, a company associated with Bidco, has acquired the entire issued shared capital of the makers of Ribena and Lucozade brands (Suntory Beverage and Food Kenya) in a [...]BasiGo Secures KSh1.3 Billion from DFC for Electric Buses Assembly
BasiGo has secured KSh1.3 billion from United States International Development Finance Corporation (DFC) to increase local assembly of its buses. “We are currently producing in partnership with Kenya Vehicles Manufacturers [...]Supreme Court Restores Revenue Collection Under Finance Act 2023
Consolidated appeal challenging last month judgement which declared Finance Act 2023 unconstitutional will be heard early next month. “In view of public interest, we direct the consolidated appeal herein be [...]Central Bank Seeks KShs 15 Bn in 17 year Tapsale
The government has returned to the market seeking an additional KSh 15 billion in a tapsale of the August Issue which raised KSh 29.5 billion against the KSh 50 billion [...]Uber Kenya Hikes Fares By 10% After Drivers' Strike
Ride-hailing app, Uber, announced that it will increase fare prices for all its ride categories including the minimum price and the per-kilometer rates to give drivers an opportunity of earning [...]Construction of Karen Area Railway Line on Top Gear as NEMA Invites Comments
The National Environmental Management Authority is at the final stage of approving construction of a 12.5km long Meter Gauge Railway (MGR) line which commences at Lenana/Riruta area where it branches [...]Kenya Airways Posts Profit For the First Time in 11 Years
National carrier Kenya Airways is out of the red line for the first time in 10 years after announcing Sh513 million net profit in the first half of 2024. We [...]Farmers Decry High Cost of Fertiliser Despite Govt Subsidy-CBK Survey
The cost of fertiliser is still beyond the reach of many farmers across the country posing the risk of low-quality produce, despite efforts by the government to introduce subsidized fertilisers, [...]Newsletter: Aviation Workers Postpone Strike, Mpox Becomes a Global Health Emergency
Aviation Workers Union Postpones Strike Last weekend, Kenya Aviation Workers Union postponed planned industrial action meant to start this week, saying that it had decided “to give dialogue a chance.” [...]
Umeme Profit Unchanged at USh13 Bn in H1 2024
Uganda’s Umeme Limited profit after tax remained unchanged during the first-half of 2024 at USh13 billion, as the company prepares to re-transfer assets back to Government at the end of [...]Inside New Universities Funding Model
The Ministry of Education has outlined its approach to implementing a new funding model for students joining higher institutions based on family income stratification. Band Three's will include students from [...]
