Business
African Union Faults Moody’s Over Kenya’s Credit Rating Revision
January 28, 2025
African Union Faults Moody’s Over Kenya’s Credit Rating Revision
The African Union’s African Peer Review Mechanism (APRM) has criticized Moody’s Investor Service for its latest revision of Kenya’s credit…
Moody’s Gives Reasons for Updating Kenya’s Credit Outlook to Positive
January 27, 2025
Moody’s Gives Reasons for Updating Kenya’s Credit Outlook to Positive
Moody’s Ratings has upgraded Kenya’s credit outlook from negative to positive, reflecting improvements in the country’s economic resilience and…
Starlink Surpasses Liquid Telecom to Become Kenya’s 8th-Largest Internet Provider
January 27, 2025
Starlink Surpasses Liquid Telecom to Become Kenya’s 8th-Largest Internet Provider
Starlink has emerged as Kenya’s eighth-largest internet service provider, surpassing long-established players like Liquid Telecommunications. The Elon Musk-led company has…
Directline Assurance Battles Media Mogul Samuel Macharia Over Cautionary Ads
January 21, 2025
Directline Assurance Battles Media Mogul Samuel Macharia Over Cautionary Ads
Directline Assurance Company Limited has taken legal action to prevent Kenyan media tycoon Samuel Macharia from broadcasting cautionary advertisements that…
Pain for Motorists as EPRA Adjusts Fuel Prices for January-February 2025
January 15, 2025
Pain for Motorists as EPRA Adjusts Fuel Prices for January-February 2025
The Energy and Petroleum Regulatory Authority (EPRA) has adjusted fuel prices in its latest review, marking an increase for the…
SportPesa Founder Karauri Ventures into Matatu Insurance
January 9, 2025
SportPesa Founder Karauri Ventures into Matatu Insurance
Ronald Karauri, a co-founder and prominent shareholder of the betting firm SportPesa, has ventured into the general insurance sector. Karauri…
China’s Zijin Mining Group to Begin Lithium Production in Congo by 2026
January 8, 2025
China’s Zijin Mining Group to Begin Lithium Production in Congo by 2026
China’s Zijin Mining Group has announced plans to commence lithium production in early 2026 at the Manono project in the…
Kenya’s Economy Grows by 4% in Q3 2024, the Slowest Pace Since Early 2021
January 8, 2025
Kenya’s Economy Grows by 4% in Q3 2024, the Slowest Pace Since Early 2021
Kenya’s economy expanded by 4% in the third quarter of 2024, marking the slowest growth rate since early 2021. This…
Crude Exports From South Sudan Resumes After 10-Month Force Majeure
January 8, 2025
Crude Exports From South Sudan Resumes After 10-Month Force Majeure
Sudan has lifted a force majeure notice on crude exports from South Sudan, allowing oil shipments to resume through a…
Kenya Airways Delivers Stellar Performance on NSE After Resuming Trading
January 7, 2025
Kenya Airways Delivers Stellar Performance on NSE After Resuming Trading
Kenya Airways (KQ) has captured the attention of investors following an impressive performance on the Nairobi Securities Exchange (NSE). The…