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BUSINESS

World Bank Adopts Blockchain to Safeguard Nyota Youth Funds

The World Bank has announced that it is using blockchain technology to make sure that money under the National Youth Opportunities Towards Advancement...

Person operating a fuel pump. PHOTO/Pexels
BUSINESS

Fuel Prices Hold Steady as EPRA Confirms November Rates

Kenya’s motorists and households can breathe a sigh of relief as the Energy and Petroleum Regulatory Authority (EPRA) announced that fuel prices will...

Cabinet Secretary for Investments, Trade and Industry Lee Kinyanjui
BUSINESS

Kenya Eyes a New Trade Era Beyond AGOA

As the African Growth and Opportunity Act (AGOA) nears its end, Kenya is looking beyond temporary trade preferences and setting its sights on...

Kenya Association of Manufacturers CEO Tobias Alando
BUSINESS

KAM Raises Red Flag as Ksh11B Debt Threatens Grade 10 Textbook Production

The Kenya Association of Manufacturers (KAM) has raised an alarm over a Ksh 11 billion debt that the government owes textbook publishers and...

Kenya Railways Managing director Philip Mainga
BUSINESS

Kenya Railways Races to Liquidate Estates Amid Mounting Pressure from Retirees

Kenya Railways is once again at the centre of a long-running pension crisis, but this time the corporation says it has a concrete...

Treasury Cabinet Secretary John Mbadi,
BUSINESS

CBK to Gain More Powers Under New Banking Penalties Regulations

Kenya’s banking industry could soon face tougher scrutiny as the government seeks to give the Central Bank of Kenya (CBK) broader powers to...

Prime Cabinet Secretary Musalia Mudavadi
BUSINESS

Kenya Hits Ksh1T in Diaspora Remittances

Kenyans living abroad have sent home over Ksh1 trillion this year, marking the highest remittance record in the country’s history. Prime Cabinet Secretary...

East African Portland Cement (EAPC)
BUSINESS

Amsons Group Tightens Grip on Kenya’s Cement Market with Fresh EAPC Stake

Kenya’s cement market is set for a major shake-up as Tanzanian giant Amsons Group deepens its investment footprint in the country through a...