Business

EPRA Announces New Fuel Prices for May-June 2025

Nairobi, Kenya –– The Energy and Petroleum Regulatory Authority (EPRA) announced today that fuel prices will remain unchanged for the…

1 year ago

West Kenya Sugar Injects Ksh 5.6 B Into Nzoia Sugar Factory Renovation

West Kenya Sugar Company, under new leadership, has officially taken over operations at Nzoia Sugar Factory. The handover was conducted…

1 year ago

Government Breaks Ground on Sh1.2 Billion Cotton Ginning and Oil Extraction in Lamu

LAMU, KENYA — The Government of Kenya, in partnership with Thika Clothing, has launched a Kes. 1.2 billion Cotton Ginning and…

1 year ago

Africa Urged to Reduce Leaning on Debt-fueled Growth, Find Alternative Means

IMF has urged Africa to refrain from heavily depending on borrowing to fuel economic growth but instead find alternative means.…

1 year ago

Betting Firms Reduce Winning Payouts amid Tax Squeeze

Companies operating betting and gaming services in Kenya have made a significant 14.87% cut in gambler winnings to Sh24.07 billion…

1 year ago

Stanbic Foundation Drives Economic Inclusion For Women In Busia County

Initiative is part of the Foundation’s broader mission to economically empower 5 million women across Kenya over the next seven…

1 year ago

Kenya Set to Reclaim Highest Ranks as East Africa’s Largest Economy

Kenya is poised to overtake Ethiopia as the region's largest economy in 2025, following Addis Ababa's decision to devalue the…

1 year ago

KRA Wants Small Businesses Put Under Electronic Tax System

The Kenya Revenue Authority (KRA) now wants the December 2023 law that exempted small businesses with annual sales below Sh5…

1 year ago

Govt Secures Ksh.8.9 Billion Loan from OPEC Fund

Kenya has signed a loan deal worth EUR 60 million, equivalent to Ksh. 8.9 billion with OPEC Fund. During the…

1 year ago

Finsco Africa and Co-operative Bank Ink Landmark Deal to Boost Real Estate and Homeownership in Kenya

Nairobi — In a significant development for Kenya’s property market, Finsco Africa and the Co-operative Bank of Kenya have signed…

1 year ago