Parliament Proposes New Use of Aviation Levy Proceeds
Parliament has introduced a bill that could change how proceeds from the country’s aviation levy, charged per passenger, are distributed, with the Cabinet Secretary retaining powers to adjust the US$ [...]
German Auto Giant Volkswagen Returns to Kenyan Assembly Line in Renewed Push for Local Market
Kenya Vehicle Manufacturers, the country’s oldest vehicle assembler, has restarted the production of Volkswagen models at its Thika plant, marking a fresh bid by the auto-maker to reclaim ground in [...]BOC Kenya Half-Year Profit Jumps 170% as Demand for Medical Gases Lifts Sales
BOC Kenya Plc profit after tax rose 170% to KSh 166.7 million in the first half of 2025, compared to KSh 61.8 million in the same period last year, driven [...]
Debts, Deletions, and Downgrades: Private Hospitals Bulk as SHA Withholds Billions
Kenya’s promise of universal health coverage now reads as bitter irony, with officials sermonizing about “free primary healthcare” even as hospitals stagger under KSh 76 billion in unpaid bills. The [...]HewaTele Secures US$ 10.5Mn to Build East Africa Medical Oxygen Plant
HewaTele Limited, a Kenyan medical oxygen producer, has secured US$10.5 million from AfricInvest’s Transform Health Fund to build a large-scale plant capable of producing oxygen at 99.6% purity. “Oxygen is [...]CS Wandayi Forms Taskforce to Fast-Track Oil Discoveries Development
The Cabinet Secretary for Energy and Petroleum, Opiyo Wandayi, has appointed a committee known as the First Oil Technical, Commercial and Legal Working Committee. It is further expected to recommend [...]WPP Scangroup Half-Year Loss Eases to KSh 208Mn as Forex Losses Drop 97%
WPP Scangroup Plc reported a half-year net loss of KSh 208.3 million for the six months ended June 30, 2025, an improvement from KSh 252.3 million a year earlier. Forex [...]Longhorn Publishers CEO Maxwell Wahome Steps Down
Listed publishing firm Longhorn Publishers Plc has announced that its Chief Executive Officer, Maxwell Wahome, will step down at the end of September 2025 after nine years at the company, [...]NSE Investor Wealth Jumps by 1 Trillion Under Mwiti’s Watch
The Nairobi Securities Exchange (NSE) closed the week on a strong note, extending a rally that has reshaped market sentiment and lifted investor wealth by KSh1 trillion since Frank Mwiti [...]SP Upgrades Kenya to ‘B’ as FX Reserves Hit Record
SP Global Ratings has upgraded Kenya’s long-term sovereign credit rating to ‘B’ from ‘B-’, citing reduced near-term external liquidity risks, stronger foreign exchange reserves, and resilient economic growth. The outlook [...]
Kenya Trains First Cohort of Virtual Production Specialists to Power Creative Economy
A dozen young Kenyans have completed an intensive 12-week training in virtual production, marking a step in the country’s efforts to expand its creative and digital economy. “The integration of [...]Prime Bank Posts 22% Profit Growth in H1, Ranks 10th by Market Share
Prime Bank Group, Kenya’s biggest Tier II bank and tenth largest overall by market share, has posted a 22.4% rise in net profits o KSh 2.68 billion, driven by higher [...]
