Business

In a significant step toward accelerating industrialization and boosting economic growth, Kenya has entered into a KSh128 billion ($1 billion) lease agreement with the African Export-Import Bank (Afreximbank). This deal …

A legal battle has ensued after Equity Bank flagged questionable fund transfers amounting to Sh386.5 million, which it attributed to fraudulent activities involving a former employee. According to court documents, …

Kenya has emerged as the top destination for venture capital (VC) funding in Africa for the year ending December 31, 2024, securing $537 million (Sh69.4 billion) in investments from 73 …

East African Portland Cement (EAPC) has made a remarkable turnaround, posting a Sh35 million profit for the six months ending December 2023, reversing a half-year loss of Sh720.7 million. This …

The Kenya National Bureau of Statistics (KNBS) has reported an increase in the prices of several essential commodities between January and February. In its monthly survey released on Friday, February …

Kenya’s Ministry of Education has announced a series of county-based dialogues aimed at enhancing education quality and learning outcomes under the Competency-Based Education (CBE) system. These dialogues, set to take …

The government is set to introduce a registration and regulation framework for all beach operators in Kenya as part of efforts to enhance the tourism sector. The Ministry of Tourism …

In a significant move to support the country’s agricultural sector and ensure food security, the Ministry of Agriculture and Livestock Development has announced that maize seed prices will remain unchanged …

Kenya Reinsurance Company (Kenya Re) is gearing up for a major expansion of its life reinsurance business, targeting a remarkable 50% growth in premiums within the next year. This ambitious …