Business

Kenya Shilling Holds Steady Against Dollar in Week to Thursday

Kenya Shilling Holds Steady Against Dollar in Week to Thursday

Kenyan shilling held steady against the dollar on Thursday, data from the London Stock Exchange Group showed. On Thursday morning,…
DStv Joins Brand Africa Hall of Fame after Being Named Africa’s Top Media Brand

DStv Joins Brand Africa Hall of Fame after Being Named Africa’s Top Media Brand

DStv has been crowned the Most Admired African Media Brand in the Brand Africa 100 | Africa’s Best Brands 2025…
Kenya’s Economy to Grow Slowest in 2025 at 4%, Says World Bank

Kenya’s Economy to Grow Slowest in 2025 at 4%, Says World Bank

Kenya’s economic growth is projected to decelerate in 2025, primarily due to escalating public debt and fiscal constraints, according to…
List of Candidates Seeking to Succeed Dr. Adesina as AfDB President

List of Candidates Seeking to Succeed Dr. Adesina as AfDB President

Five contenders are set to battle it out for the presidency of the African Development Bank (AfDB) on Thursday during…
Absa Bank Kenya Net Profit up 4% to Ksh.6.2 Billion in Q1 2025

Absa Bank Kenya Net Profit up 4% to Ksh.6.2 Billion in Q1 2025

Absa Bank Kenya PLC has reported a 4% growth in net profit to Ksh.6.2 billion for the quarter ending March…
Safaricom Shares Dip Slightly Ahead of Planned Government Stake Sale

Safaricom Shares Dip Slightly Ahead of Planned Government Stake Sale

Safaricom closed trading on Monday at Ksh.19.85 per share on the Nairobi Securities Exchange (NSE), reflecting a marginal 0.25% decline…
Trump Postpones 50% Tariffs on EU Goods to July 

Trump Postpones 50% Tariffs on EU Goods to July 

President Donald Trump has delayed the implementation of a proposed 50% tariff on European Union imports until July 9, 2025.…
CS Kagwe Releases 200,000 Bags of Maize to Millers to Curb Flour Prices

CS Kagwe Releases 200,000 Bags of Maize to Millers to Curb Flour Prices

Agriculture Cabinet Secretary Mutahi Kagwe has released 200,000 bags of maize from the National Strategic Grain Reserve (NSGR) to registered…
Kenya to Sell Part of Safaricom Stake to Raise Ksh.149 Billion in Privatisation Drive

Kenya to Sell Part of Safaricom Stake to Raise Ksh.149 Billion in Privatisation Drive

Kenya is preparing to offload an undisclosed portion of its 34.9% stake in Safaricom—the region’s most profitable company—in a renewed…
Reason Why Uganda has Cut Military Ties with Germany

Reason Why Uganda has Cut Military Ties with Germany

Uganda’s military has severed all military cooperation with Germany after it accused Berlin’s ambassador to Kampala of involvement in “subversive…
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