Business

Kenya’s Rating Up B- on $12.4 Billion Stable FX Reserves 

Kenya’s Rating Up B- on $12.4 Billion Stable FX Reserves 

Fitch Ratings has affirmed Kenya’s Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) at ‘B-‘ with a Stable Outlook. The affirmation reflects…
NCBA Acquisition Exposes Nedbank to Intrinsic Credit Risk than S.A, Says Moody’s

NCBA Acquisition Exposes Nedbank to Intrinsic Credit Risk than S.A, Says Moody’s

Nedbank’s offer to acquire Kenyan-based NCBA Group has put into perspective the push by African financial institutions to diversify geographically…
State Clears Cash Owed to Mwea Rice Farmers

State Clears Cash Owed to Mwea Rice Farmers

The government has confirmed that all pending payments owed to Mwea rice farmers have been cleared. Anthony Waweru, Managing Director…
How Wine Is Becoming a Profit Tool for Kenyan Restaurants

How Wine Is Becoming a Profit Tool for Kenyan Restaurants

In Kenya’s vibrant hospitality scene, wine is finally breaking out of its old stereotype as a prestige pour reserved for…
Smallholder Tea Farmers to Earn More in Revised Monthly Pay

Smallholder Tea Farmers to Earn More in Revised Monthly Pay

Smallholder tea farmers will earn more in a newly revised monthly pay rate following months of protests over muzzled pay.…
KPC To Reduce Petrol Reliance, Invest in Fibre Optic Following IPO Launch

KPC To Reduce Petrol Reliance, Invest in Fibre Optic Following IPO Launch

Kenya Pipeline Company (KPC) is planning to reduce its reliance on the petroleum business from 95 per cent to 81…
Where KRA Netted Extra Ksh.22.7 Billion to Exceed December Target

Where KRA Netted Extra Ksh.22.7 Billion to Exceed December Target

The Kenya Revenue Authority (KRA) has exceeded its revenue collection target for December 2025 by 108 percent to Ksh.307.6 billion.…
Kenya’s Diaspora Remittances Cross $5 Billion Mark in 2025

Kenya’s Diaspora Remittances Cross $5 Billion Mark in 2025

Kenya’s diaspora remittances rose to a record  Ksh.650.16 billion ($5.04 billion) in 2025, crossing the $5 billion mark for the…
CS Mbadi Launches Kenya Pipeline IPO at Ksh.9 Per Share

CS Mbadi Launches Kenya Pipeline IPO at Ksh.9 Per Share

Treasury Cabinet Secretary John Mbadi has launched the Initial Public Offering (IPO) of the Kenya Pipeline Company (KPC) valued at…
State Could Attract Additonal Ksh.68 Billion in KASIB Proposal of Safaricom Divestiture

State Could Attract Additonal Ksh.68 Billion in KASIB Proposal of Safaricom Divestiture

The Kenya Association of Stockbrokers and Investment Banks (KASIB) has endorsed the government’s plan to partially divest its shareholding in…
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