Zoho Opens First Physical Office in Nairobi
Zoho, a company based in India known for its enterprise resource planning software, has recently unveiled the opening of its new branch in Westlands, Nairobi. This move comes in response [...]
Kenya signs 6-Month deal with Saudi Aramco and Emirates National Oil to nationalize oil imports
Kenya's Minister for Energy and Petroleum, Davis Chirchir on Monday announced that the Kenyan government has signed an agreement with Saudi Aramco and Emirates National Oil Co. to supply petroleum [...]
Peter Ndegwa Dismisses Rumours Amid Departure Speculation
Safaricom CEO Peter Ndegwa has dismissed ongoing rumours about his potential departure from the company as he celebrates his third anniversary in the role. The board typically mandates a minimum [...]Tea Earnings Hit KES 138 Billion in 2022 on Weakening Shilling
Exports from tea stood at KES 138 Billion in 2022, a 2 billion rise from the KES 136 billion reported in the previous year defying global shocks such as the [...]
Ship to Dock at the Port of Mombasa with 42,000 Tonnes of Yellow Maize from Ukraine
The arrival of a ship carrying over 42,000 tonnes of yellow maize is anticipated at the port of Mombasa from the Port of Odessa in Ukraine. This is the initial [...]KPLC Secures One-Year Extension for Repayment of its $196 Million Debt
Kenya Power and Lighting Company (KPLC) has been granted a one-year extension to repay KES 25.12 billion ($196.25 million) owed to the government, allowing the utility firm time to restructure [...]World Bank to Grant Kenya KES 129 Billion Loan
The World Bank is set to grant Kenya KES 129 Billion budget support loan by June 30. The amount is KES 32 billion increase from the initially stated KES 96.7 [...]Capt. William Kipchumba Appointed as KPA Managing Director
Cabinet Secretary Kipchumba Murkomen has appointed Captain William Kipkempoi Ruto as the Managing Director for the Kenya Ports Authority (KPA) for a period of three years. “Pursuant to and in accordance with [...]High Inflation and Cash Flow Problems Lead to Sharp Decline in Kenyan Business Activity
Kenya's Purchasing Managers' Index (PMI) fell below the 50.0 no-change mark in February, indicating a decline in business conditions. The decline was driven by contractions in several key metrics, including [...]5G Internet Connections Hit 300,000 on High Demand
The number of 5G mobile internet subscriptions have hit 299,904 in the first three months of rolling out the network, which grants users super-fast internet speeds. Data by the Communications [...]Kenya-Egypt to Abolish Visa Requirements
Kenya and Egypt to abolish visa requirements for diplomatic and official passport holders. Alfred Mutua, the Cabinet Secretary for Foreign and Diaspora Affairs, announced that they are collaborating to establish [...]Fuel Firms Take Legal Action to Stop State UAE Oil Deal
Fuel marketing companies have submitted an urgent petition to the High Court to contest the proposed government-to-government oil import agreement tender. The marketers claim that they have been left out [...]
