Business

Made in Kenya Clothes Rejected By USA Quality Watchdog

Kenyan Textile Industry Faces Setback as US Rejects Baby Clothes due to Safety Concerns As if the hardships prevailing in…

3 years ago

Founders Factory Africa Secures $114 Million to Power African Tech Startups’ Growth

Founders Factory Africa, a pioneering early-stage startup accelerator and venture studio, has raised an impressive $114 million in funding from…

3 years ago

“Fuel Price Stabilisation, Not Fuel Price Subsidy” EPRA Clarifies

Kenya Implements Fuel Price Stabilisation Strategy to Address Public Concerns In a significant policy reversal, Kenya's Energy and Petroleum Regulatory…

3 years ago

Central Bank of Kenya Implements Interbank Rate Corridor Measures

The Central Bank of Kenya has taken steps to safeguard smaller lenders against potential liquidity issues stemming from interbank lending.…

3 years ago

Kenyan Cabinet Halts Privatization, Boosts Sugar and Dairy Industries

The Cabinet of Kenya has put on hold the privatization of six state-owned sugar millers, choosing instead to focus on…

3 years ago

Rising Onion Prices in Kenya: Poor Harvests and Reduced Imports Create Shortage

Onion prices in Kenya have surged to unprecedented levels, creating concerns over affordability and accessibility for consumers across the country.…

3 years ago

Kenya Strengthens Cyber Security Measures Amidst Rising Threats

In response to an alarming surge in cyberattacks, the Communications Authority of Kenya (CA) has escalated its efforts to protect…

3 years ago

Cyber Security Landscape in Kenya: Rapid Surge in Threats

Kenya finds itself grappling with an unprecedented surge in cyber threats. In 2018, the country recorded 7.7 million cyber-attacks, a…

3 years ago

Safaricom PLC Announces New Adjustments on Service Rates

Safaricom PLC has announced an adjustment on their services after Court of Appeal lifted the suspension of Finance bill 2023…

3 years ago

KRA Exceeds Revenue Target Amid Hospitality Sector Rebound

The Kenya Revenue Authority (KRA) has revealed that it collected Sh49.06 billion ($453 million) in customs duties in the 2022/2023…

3 years ago