Court Blocks Share Transactions in Vipingo Group Companies Pending Appeal by Welsh Businessman
The Court of Appeal in Malindi has granted an injunction preventing the transfer or dealing of shares held by First European Finance Investment Limited (FEFI) in three real estate companies [...]
Engineers Sound Alarm Over Failures in Nairobi’s Digital Approval System
The National Planning Development Management System (NPDMS), introduced to digitize and streamline building approvals in Nairobi, is facing growing criticism from the engineering community, which cites rampant inefficiencies and [...]East African Cables Turns Operational Corner Amid Debt Challenges
East African Cables Plc has posted a 2% increase in revenue to KSh 2.57 billion for the financial year ended December 31, 2024, supported by product innovation, new market channels, [...]
Monthly Betting Budget Surpasses KSh 65K for High Spenders in Kenya-Survey
Kenya’s betting industry is predominant with low-stake gambling but also a small group of high-stake bettors ready to spend over KSh 65,000 in a month, a new survey by Geopoll [...]Over 80% of Kenyan Workers Are Ready to Quit their Jobs -Gallup Poll
Kenya is facing a potential workplace crisis as 82% of its labour force is either actively job hunting or passively watching for new opportunities, according to Gallup’s State of the [...]WPP Scangroup Posts KSh507mn Loss on FX Losses, Lower Revenue
Listed marketing and communication conglomerate WPP Scangroup Plc has reported a KSh507.6 million net loss for the financial year ended 31st December 2024, reversing a KSh133.3 million profit in 2023. [...]Kenya’s Central Bank Considers Adding Gold to Reserves Amid Record Rally
The Central Bank of Kenya (CBK) is actively exploring the possibility of adding gold to its foreign exchange reserves as part of a strategy to diversify away from traditional currencies, [...]
Chinese Steel Maker Rongtai, Suspended by KEBS over Substandard Bars, Stages Comeback in Ruto-Beijing Deals
China’s Rongtai Steel Co. Ltd. will pour KSh 12.9 billion into expanding its Kenyan operations, as part of Beijing’s investment deals inked during President William Ruto’s state visit. “As part [...]How to Start Investing on the Nairobi Securities Exchange
The Nairobi Securities Exchange (NSE) is the stock exchange in Kenya, providing a platform for investors to buy and sell shares of publicly listed companies. Investing in stocks offers a great opportunity to grow [...]
Ruto Questions Trump Tariffs, Calls for Governance Changes at IMF, World Bank
President William Ruto has championed for governance changes at Bretton Woods institutions during his ongoing state visit to China, where he also addressed the ongoing global tariff war triggered by [...]Sanctioned Kenyan Businessman Kamlesh Pattni Inks Gold Refinery Pact with Niger's Government
Niger’s military‐led government has signed a joint‐venture deal with Dubai’s Suvarna Royal Gold Trading LLC, a firm controlled by controversial Kenyan businessman Kamlesh Pattni to build the West African nation’s [...]Value of Mobile Money Transactions Drops by KSh 154Bn KNBS
The value of mobile money transactions dropped by KSh 154 billion to KSh 636 billion in February from KSh 790 billion same period last year, according to data from the [...]
