Business

Fiscal Illusion : Ruto’s Anti-debt Strategy Collapses Under Sh1.1 Trillion Deficit

President William Ruto’s anti-debt strategy has hit a critical wall as Kenya faces a staggering Sh1.11 trillion fiscal deficit for…

2 weeks ago

Current Situation As Cs Treasury John Mbadi Heads To Parliament

National Treasury Cabinet Secretary John Mbadi has arrived at Parliament to present a record KSh 4.84 trillion budget for the…

2 weeks ago

Dangote Refinery IPO Set to Test Depth of African Capital Markets

Africa's largest refinery is preparing to tap investors through a major stock market listing. The planned offer is expected to…

2 weeks ago

Shelter Afrique Development Bank Unveils New Brand Identity as it Marks 45th Anniversary

Shelter Afrique Development Bank (ShafDB) has unveiled a new brand identity, including a new logo, marking a significant milestone in…

2 weeks ago

Smaller Banks Race to Meet Tougher Capital Rules as Regulatory Pressure Mounts

Four banks reportedly remain below the minimum capital requirement set by regulators. With higher thresholds taking effect over the next…

2 weeks ago

Spiro Taps New CEO to Drive Expansion Following $215 Million Funding Boost

Spiro has appointed a new Group CEO as it accelerates its expansion plans across Africa. The leadership change comes shortly…

2 weeks ago

Absa Headlines 2nd Ihs Kenya Affordable Housing Conference as Industry Seeks Scalable Solutions

Nairobi, Kenya, June 09, 2026 – Absa Bank Kenya has partnered with International Housing Solutions (IHS) Kenya as the title…

2 weeks ago

Airtel Kenya Expands Nairobi Customer Service Network with Four New Outlets

Airtel Kenya has expanded its retail and customer service network in Nairobi by launching four new customer service centres to…

2 weeks ago

Kenya Power Sees Rising Revenue for Electric Vehicles as Growing Demand for the Vehicles

Kenya Power is recording rapid growth in revenue from electric vehicle charging. The utility is now moving more EV users…

3 weeks ago

Safaricom Targets Budget Internet Market with New Low-Cost Plans

Safaricom is expanding into Kenya's low-cost broadband market with internet packages starting at KES 800 per month. The move targets…

3 weeks ago