Business

Kisumu Port Posts 142% Cargo Throughput Growth as KPA Eyes 223,500 Tonnes Target by 2025

Kisumu Port Posts 142% Cargo Throughput Growth as KPA Eyes 223,500 Tonnes Target by 2025

Kenya’s Kisumu Port is emerging as a key inland logistics hub, with the latest data from the Kenya Ports Authority…
DStv Sees 5.1% Record Drop in Subscription in 7 years

DStv Sees 5.1% Record Drop in Subscription in 7 years

South Africa’s pay-TV provider, DStv, has seen a sharp decline in its subscriber base, with numbers falling back to levels…
Banks Oppose Proposal to Cap Lending Rates Using CBR

Banks Oppose Proposal to Cap Lending Rates Using CBR

Kenyan banks have opposed a proposal by the Central Bank of Kenya’s (CBK) to adopt the Central Bank Rate (CBR)…
Afreximbank Launches $3 Billion Fund for Intra-African Oil Trade

Afreximbank Launches $3 Billion Fund for Intra-African Oil Trade

The African Export-Import Bank (Afreximbank) has unveiled a $3 billion Revolving Intra-African Oil Trade Financing Programme aimed at supporting African…
Nigeria Names Four Kenyans in $840 Million CBEX Crypto Scam

Nigeria Names Four Kenyans in $840 Million CBEX Crypto Scam

Nigeria’s Economic and Financial Crimes Commission (EFCC) has identified four Kenyans as suspects in a massive cryptocurrency scam tied to…
Cabinet Approves 2025 Finance Bill Amid Push for Fiscal Discipline

Cabinet Approves 2025 Finance Bill Amid Push for Fiscal Discipline

 The Cabinet has approved the 2025 Finance Bill, a key instrument in mobilizing revenue for the national budget, while signaling…
Pwani Oil Surpasses 2025 Green Targets by 16 % in Renewable Energy Use

Pwani Oil Surpasses 2025 Green Targets by 16 % in Renewable Energy Use

Pwani Oil Products has exceeded its 2025 targets on renewable energy use and water recycling by 16% to  66% of…
Kenya, China Strengthen Partnership with New Trade Deals

Kenya, China Strengthen Partnership with New Trade Deals

President William Ruto hailed the Kenya-China strategic partnership as “permanent, people-centered, and delivering practical, tangible, impactful, and sustainable win-win situations.”…
Tanzania Imposes Embargo on South Africa, Malawi Produce

Tanzania Imposes Embargo on South Africa, Malawi Produce

Tanzania has escalated a regional trade dispute by imposing a comprehensive ban on agricultural imports from Malawi and South Africa,…
Musk to Step Back From DOGE as Tesla Profits Plunge

Musk to Step Back From DOGE as Tesla Profits Plunge

Tesla boss Elon Musk has pledged to “significantly” cut back his role in the US government after the electric car…
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