Business

Win for Kenyan Judges as President Ruto Signs Retirement Benefits Bill into Law

Win for Kenyan Judges as President Ruto Signs Retirement Benefits Bill into Law

President William Ruto has signed the Judges Retirement Benefits Act, 2025, into law, introducing a new system that will improve…
Kenya’s Mars Wrigley Announces Ksh.4 Billion 3-yr Investment

Kenya’s Mars Wrigley Announces Ksh.4 Billion 3-yr Investment

Mars Wrigley has announced a Ksh. 4.2 billion ($33 million) fresh investment over the next three years to expand its…
COMESA Clears 15% Stake Sale in Safaricom to Vodacom Group

COMESA Clears 15% Stake Sale in Safaricom to Vodacom Group

The COMESA Competition and Consumer Commission (CCCC) has cleared the sale of a 15 percent stake in Safaricom PLC to…
Digital Lenders Face Extra Regulations in Fresh Push by Treasury

Digital Lenders Face Extra Regulations in Fresh Push by Treasury

Kenya’s National Treasury is planning major changes to how digital lenders and other non-deposit-taking credit providers operate in the country.…
UAE Shuts its Stock Market Over Escaled Iran-Israel War

UAE Shuts its Stock Market Over Escaled Iran-Israel War

As tensions in the Middle East have sharply escalated over the past three days, the UAE shut down its major stock…
Kenya Condemns Ongoing Tension in Gulf Economies, Urges Restraint

Kenya Condemns Ongoing Tension in Gulf Economies, Urges Restraint

Kenya on Monday issued a strong condemnation of the latest wave of strikes across the Gulf, as the Middle East…
Anxiety Among Kenyan Tea Exporters Intensifies as Iran-U.S War Intensifies

Anxiety Among Kenyan Tea Exporters Intensifies as Iran-U.S War Intensifies

Kenya’s tea industry is watching events in the Middle East with growing anxiety, as escalating conflict threatens to disrupt supply…
Ruto’s Project Not a National Fund, Says Nyakango

Ruto’s Project Not a National Fund, Says Nyakango

Concerns are mounting over the proposed KSh5 trillion National Infrastructure Fund, with key oversight institutions warning that the Bill, in…
DPP Orders Prosecution of 9 in SHA Fraud Crackdown

DPP Orders Prosecution of 9 in SHA Fraud Crackdown

The Office of the Director of Public Prosecutions (ODPP) has sanctioned criminal charges against eight private health facility owners and…
How a Simple Plea From Client Cost GT Bank Ksh.33 Million

How a Simple Plea From Client Cost GT Bank Ksh.33 Million

Guaranty Trust Bank Kenya Limited (GT Bank Kenya) will pay a penalty of Ksh.33,180,000 for engaging in false and misleading…
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