Business

Somalia Launches First Securities Exchange, to Go Live in 2026

Somalia Launches First Securities Exchange, to Go Live in 2026

Somalia has officially launched its first-ever securities exchange, the National Securities Exchange of Somalia (NSES), in Mogadishu. The exchange, expected…
Oil Steady as Investors Shift Focus to Demand Signals

Oil Steady as Investors Shift Focus to Demand Signals

Oil prices edged higher on Thursday as investors remained cautious about the Iran-Israel ceasefire and shifted their attention to market…
Family Bank Raises Dividend Payout as Profit Surges 38%

Family Bank Raises Dividend Payout as Profit Surges 38%

Family Bank has announced a dividend payout of Ksh.0.85 per share for the 2024 financial year, a 53 percent increase…
Kenya Lost Ksh.3 Billion Over Gen Z Protests on June 25

Kenya Lost Ksh.3 Billion Over Gen Z Protests on June 25

The Gen Z protests across 25 Kenyan counties on June 25, 2025, significantly impacted businesses, causing economic losses due to…
Kenyans Mark first Anniversary of Deadly Protests Amid Fresh Outrage Over Police Conduct

Kenyans Mark first Anniversary of Deadly Protests Amid Fresh Outrage Over Police Conduct

Kenyans returned to the streets on Wednesday under tight security to commemorate the first anniversary of the anti-government protests that…
Oil Prices Rise as Investors Assess Iran-Israel Ceasefire

Oil Prices Rise as Investors Assess Iran-Israel Ceasefire

Oil prices climbed on Wednesday as investors assessed the stability of a ceasefire between Iran and Israel, but held near…
KEBS Allows Importation of Older, Left-Hand Drive Special-Purpose Vehicles Under Strict Conditions

KEBS Allows Importation of Older, Left-Hand Drive Special-Purpose Vehicles Under Strict Conditions

The Kenya Bureau of Standards (KEBS) has granted conditional approval for the importation of special-purpose motor vehicles that exceed the…
Kenya’s BURN gets Ksh.10.4bn from TDB for clean Cooking

Kenya’s BURN gets Ksh.10.4bn from TDB for clean Cooking

Kenya-based clean cookstove manufacturer BURN has secured a Ksh.10.4 billion financing package from the Trade and Development Bank (TDB) Group…
US, European Envoys Concerned About Hired Goons Ahead of Gen Z Protest on June 25

US, European Envoys Concerned About Hired Goons Ahead of Gen Z Protest on June 25

The United States and several European embassies have voiced concern over the alleged use of hired individuals to disrupt peaceful…
US asks China to Stop Iran from Closing Strait of Hormuz

US asks China to Stop Iran from Closing Strait of Hormuz

US Secretary of State Marco Rubio has called on China to prevent Iran from closing the Strait of Hormuz, one…
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