Business

Kenyan Shilling Declines by 0.6% in the Year’s Initial Week

Kenyan Shilling Declines by 0.6% in the Year’s Initial Week

During the first week of the year, the Kenyan Shilling saw a 0.6% fall in value against the US Dollar,…
Twiga Foods Founder Peter Njonjo Exits Board After Quiting as CEO

Twiga Foods Founder Peter Njonjo Exits Board After Quiting as CEO

Peter Njonjo, the founder and former CEO of Twiga Foods, has left the board of directors of the company, a…
Kenya’s Trade Deficit Falls to Ksh.379 Billion on Export Earnings

Kenya’s Trade Deficit Falls to Ksh.379 Billion on Export Earnings

Kenya’s trade deficit, the gap between the value of its exports and imports, narrowed by 12.5 percent in the third…
Why Kenya Won’t Be Visa-Free as Directed by President Ruto

Why Kenya Won’t Be Visa-Free as Directed by President Ruto

The Kenyan authorities said on Tuesday, January 2, that they were delaying President William Ruto’s order on Visa-free access to…
How Kenya Shilling Value Affected Nairobi Expressway Toll Fee Uptick

How Kenya Shilling Value Affected Nairobi Expressway Toll Fee Uptick

Transport CS Kipchumba Murkomen has clarified a contract that was signed by the former President Uhuru Kenyatta’s government that has…
Kenya Airways Shares Suspended for Another Year as Restructuring Continues

Kenya Airways Shares Suspended for Another Year as Restructuring Continues

The Nairobi Securities Exchange (NSE) has announced that it will extend the suspension of trading of Kenya Airways Plc shares…
State Introduces New Levy on SACCOs

State Introduces New Levy on SACCOs

Saccos members will now pay a new tax on their non-withdrawable deposits, which are the share capital they cannot reduce…
Kenya’s Government Digital Payments Platform Migrated to Single Playbill

Kenya’s Government Digital Payments Platform Migrated to Single Playbill

Kenyan government digital payment channels have migrated to a single Playbill number 222222, effective December 31, 2023, in line with…
Tanzanian Billionaire Aziz Begins $1.9-billion LPG Plant Construction in Mombasa

Tanzanian Billionaire Aziz Begins $1.9-billion LPG Plant Construction in Mombasa

Taifa Gas, a Tanzanian company that supplies liquefied petroleum gas (LPG), has started building a Ksh.300-billion ($1.9 billion) plant and…
EPRA Reduces Fuel Price on Crude Oil Price Dip

EPRA Reduces Fuel Price on Crude Oil Price Dip

The Energy Petroleum and Regulatory Authority (EPRA) has announced a reduction in the prices of Super Petrol, Diesel, and Kerosene…
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