TikTok Deletes 450k Videos, Bans 43k Kenyan Accounts Over Safety Violations
Court Upholds KSh 6.9 Billion Tax Demand Against Nairobi Expressway Contractor
Private Sector Credit Growth Falters as NPLs Hit Record Highs
Billions in Idle Tech Undermine Konza Smart City’s Ambitions
Absa Bank Commits KShs 4 Bn to Affordable Housing Loans
Absa Bank Kenya has committed a total of KShs 4 Billion to support affordable housing loans for individuals, marking a modest but notable increase from the KShs 3 Billion it [...]Acorn REITs Post Strong HY 2025 Profits on Higher Rents and Valuations
Both of Acorn's student housing REITs' reported higher net profits, rental income growth, fair value gains, and improved portfolio metrics in the first half of 2025. ASA D-REIT Net profit [...]Landlords Slow Down on Increasing Rent Prices in Q2
Landlords are increasingly holding off on raising rent prices in response to a more cautious tenant market, according to Property Price Index for the second quarter of 2025. “The detached housing [...]Gaps in Fuel Subsidy Oversight, G-to-G Oil Import Deal Flagged as Pump Prices Surge
The Auditor General has raised questions on the stabilization of fuel pump prices and the implementation of the Government-to-Government (G-to-G) petroleum importation scheme during the 2023/24 financial year. In March 2023, [...]Little, Maisha Poa, and BirdView Roll Out Tailored Medical Cover for Gig Drivers
Kenyan taxi drivers on digital platforms may soon find it easier to access medical insurance, thanks to a new partnership between Little, Maisha Poa Insurance, and BirdView Insurance. “We are [...]Price Pressures Push Spending in Q2 as Kenyan Markets Stay Resilient
Kenyan consumers faced a mixed economic landscape in Q2 2025, with spending reaching record highs largely due to rising prices. Income growth was not uniform across the board, with 27% [...]Arab Bank Approves US$ 120Mn Shelter Afrique Development Bank Capitalization
The Arab Bank for Economic Development in Africa (BADEA) has approved USD 120 million to support the capitalization program of Shelter Afrique Development Bank. “This agreement with BADEA marks a [...]Kalahari Cement Strikes KSh 717M Deal to Acquire 28.2% Stake in Portland Cement
Kalahari Cement Limited has signed binding agreements to acquire a 28.2% stake in Kenya's second largest cement manufacturer, East African Portland Cement Plc (EAPC), from two shareholders: Associated International Cement [...]
