Surprise as EPRA leaves fuel costs unchanged

By Kepha Muiruri,

The Energy and Petroleum Regulatory Authority (EPRA) has surprised Kenyans by leaving fuel costs unchanged in its mid-month price review. This mean...

Energy and Petroleum Regulatory Authority (EPRA) , fuel prices

39 lorries carrying ‘unsafe’ maize from Uganda seized in Busia

By Citizen Reporter,

39 lorries that are said to have been ferrying 'unsafe' maize into Kenya from Uganda have been seized at the Busia border. Also Read: Gov’t allay...

Aflatoxin , maize imports , Museveni , suluhu , Tanzania , uganda

Twitter to open first Africa office in Ghana

By Reuters,

Twitter Inc will open its first African office in Ghana, it said on Monday, as the social media company seeks to make inroads in some of the world’s...

Twitter

New study reveals where trade grew despite the pandemic

By Agencies,

A global study of private sector perspectives, commissioned by DP World and conducted by The Economist Intelligence Unit, shows international trade fl...

DP World , international trade , pandemic , The Economist Intelligence Unit

Kenya in talks for Ksh.82 billion World Bank loan

By Kepha Muiruri,

The National Treasury is in talks for the disbursement of a fresh Ksh.82 billion ($750 million) from the World Bank before the end of June. The fac...

CS Ukur Yatani , National Treasury , World Bank

Huawei releases its 2020 Annual Report

By Agencies,

Huawei has released its 2020 Annual Report. Growth slowed, but the company's business performance was largely in line with forecast. Huawei's sales...

Private sector activity sinks to a nine-month low in March

By Kepha Muiruri,

The expansion of Kenya’s private sector slumped to its lowest growth rate in nine months across the month of March. This is according to the Stan...

COVID-19 , Kuria Kamau , Stanbic PMI

Kenya’s debt will stand at Ksh.10.6 trillion in June 2025

By Kepha Muiruri,

Kenya’s stock of debt will have shot up to Ksh.10.6 trillion by the close of June 2025 according to estimates by the National Treasury. This mean...

IMF , Kenya's debt , National Treasury

Mastercard to invest Ksh.10.8B in Airtel Africa’s mobile money unit

By Agencies,

Mastercard Inc will invest $100 million in Airtel Africa’s mobile money operations valuing the business at $2.65 billion (Ksh.10.85billion), the Lon...

airtel africa , Mastercard

Charges resume for transactions above Ksh.100 via mobile money wallets: CBK

By Citizen Reporter,

The Central Bank of Kenya (CBK) has announced the resumption of charges for transactions above Ksh.100 effected through bank specific (in-house) mobil...

CBK , mobile money wallets , saccos

Africa Check, Google.org partner to fight false information using AI

By Citizen Reporter,

Fact-checking organisations Africa Check, Full Fact and Chequeado received a $2million (Ksh. 218,700,000) grant alongside seven Google.org Fellows who...

africa check , ARTIFICIAL INTELIGENCE , misinformation

Serah Katusya to lead expansion of Groupm’s graduate program

By Kepha Muiruri,

MediaCom East Africa Managing Director Serah Katusya is expected to spearhead the expansion of WPP-ScanGroup graduate program across the Sub-Saharan A...

MediaCom , Serah Katusya , WPP-ScanGroup

NSE profits double on cost cutting

By Kepha Muiruri,

The Nairobi Securities Exchange (NSE) has seen its 2020 full year profits double to Ksh.167.9 million from Ksh.80.2 million. The significant profit...

Nairobi Securities Exchange (NSE)

Kenyans in rural areas face the highest cost of living

By Kepha Muiruri,

As the entire country feels the heat of a rising cost of living, sharper consumer prices have hit out at low-income earners and Kenyans in rural areas...

Cost Of Living , Inflation , Kenya National Bureau of Statics (KNBS)

DTB full-year profit down 53 per cent to Ksh.3.2 billion

By Kepha Muiruri,

The Diamond Trust Bank (DTB) has announced a 52.9 per cent decline in full-year profit covering the period ending December 2020 with earnings falling ...

Diamond Trust Bank (DTB)

Huawei gets gov’t nod as Safaricom launches 5G trial network

By Faizal Ahmed,

Safaricom has announced the launch of its 5G technology trials for its customers. The 5G service activated in Nairobi, Kisumu, Kisii and Kakamega w...

5G network , Huawei , Safaricom

Sidian Bank announces its 2020 annual financial results

By Citizen Reporter,

Sidian Bank, a mid-tier bank focusing on SMEs, published its 2020 financial performance for the year ended December 31, 2020, indicating a strong perf...

Sidian Bank

Kenya Railways, Digital Mara expand advertising deal

By Kepha Muiruri,

The Kenya Railways Corporation has expanded its advertising deal with South Africa’s out of home advertising firm Digital Mara, formerly Primedia. ...

Digital Mara , Kenya Railways Corporation

KQ reports Ksh.36.2B loss, the largest in Kenya’s corporate history

By Kepha Muiruri,

Kenya Airways (KQ) has reported a near three times loss expansion to Ksh.36.2 billion in the year ended December 31, 2020. This is the largest loss...

Allan Kilavuka , COVID-19 , Kenya Airways (KQ)

Diaspora remittances rise by 19pc to Ksh.28.6B in February

By Kepha Muiruri,

Kenyans abroad sent home a high of Ksh.28.6 billion ($260.2 million) in February with the diaspora remittances rising 19 per cent from Ksh.24.1 billio...

CBK , diaspora remittances