Sasini Slides to KSh 113mn Loss in H1 2025
Sasini PLC posted a KSh 113.1mn net loss for the half-year ended 31 March 2025, weighed down by higher costs and flat revenues as pressure on the group's core agribusiness [...]
E-Waste Rises to Over 53,000 Tonnes Amid Surge in Small Device Debris
The country’s electronic waste output continued its upward trajectory, reaching 53,559 metric tonnes in 2024, up from 46,211 tonnes in 2020, according to new data from the Kenya National Bureau [...]
Senate Grills CS Mutua over Gulf Jobs Scandal
A Senate Committee on Tuesday questioned Labour Cabinet Secretary Alfred Mutua over a wave of fraud claims associated with an overseas jobs programme overseen by the government. Mutua defended the [...]Taxman Targets Fuel Stations with New eTIMS Rollout
Gas PumpsStanbic PMI Highest in 10 Months as Jobs Grow
Kenya’s private sector recorded higher sale volumes despite inflation rising to 4.1% in April, the latest Stanbic Purchasing Managers' Index (PMI) shows. “The Kenya PMI for April reveals a private [...]Kenya’s Secondary Bond Market Surges 95% in Q1, On Track for Another Record Year
Kenya's secondary bond market had a great start to 2025, with trading volumes that highlight increased investor interest and better market liquidity. . Among the infrastructure bonds that drove the [...]Del Monte to Acquire Waste Management Firm Mananasi Fibre
Pineapple processor Del Monte Kenya Limited has received unconditional approval from the Competition Authority of Kenya (CAK) to purchase all of Mananasi Fibre Limited (MFL). Kenya has the potential to [...]Kenya Power to Roll Out 45 EV Charging Stations in Six Counties
Listed public utility firm Kenya Power plans to install 45 electric vehicle (EV) charging stations across six counties within the next year, as the country accelerates efforts to transition to [...]Pakistan's Bank Al Habib to Exit Kenya
In a strategic shift aimed at consolidating international operations, Bank Al Habib Limited (BAHL), headquartered in Pakistan, has announced the closure of its Representative Office in Kenya from May 15, [...]Airtel, Starlink Strike Deal to Expand Satellite Internet Access
Airtel Africa has announced that it has inked a deal with SpaceX to bring Starlink’s satellite-based internet services in the 14 markets it operates in on the continent. “Next-generation satellite [...]Kenyan Banks' Average Lending Rates Fall to 13-Month Low
Kenya’s commercial banks' average lending rate eased to 15.77% in March 2025 — the lowest level recorded in over a year — marking a turning point after months of elevated [...]Data Watchdog Fines Nova Pioneer, Friends School Over Privacy Breaches
The Office of the Data Protection Commissioner (ODPC) has taken action against Nova Pioneer and Friends School Keveye Girls High School for violating the Data Protection Act, signalling a tougher [...]
