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Kenya is the biggest economy in East Africa and most watched in sub-Saharan Africa, being the regional business hub. BT brings you comprehensive coverage of the various economic sectors.

End of an Era: Gilani’s Supermarkets Sale Approved

Gilani's has been popular with customers particularly in its Nakuru base since 1974. It has been run by several generations of the Gilani family. But in a growing trend, families in the retail business are opting to loosen their hold on the businesses in favour of investment by cash-rich PE firms.

Kenya Power Chair Pushed Out Over Uhuru Links

She was appointed in 2020 as Uhuru led reforms at the utility ostensibly to lower the cost of power, primarily attributed to flawed long-term power purchase deals signed by Kenya Power with independent power producers (IPPs).

Ruto Appoints James Mwangi, Peter Ndegwa to New Committee

Ruto appointed Safaricom CEO Peter Ndegwa as chair of the committee. Other members include Equity Bank CEO Dr. James Mwangi, EABL CEO Jane Karuku, KCB Group CEO Paul Russo, Family Bank CEO Rebecca Mbithi and BAT CEO Crispin Acholla.

Co-op Donates Ksh150M After Minting Ksh17B Net Profit in 9 Months

Co-operative Bank saw its net for profit for the nine months to September 2022 surge 47 percent to Ksh17 billion compared to Ksh11.6 billion in a similar period last year, driven by steady growth in non-interest income (including fees and commissions from loans and forex trades) and interest income.

Second Act: Joshua Oigara Takes Over at Stanbic Bank

The 47-year old Oigara will be taking from Mudiwa who spent five years at the helm of Stanbic, part of South Africa's Standard Bank Group. As he exited, the bank credited him with leading the bank's digital transformation in Kenya and unlocking growth in profitability.

Direct Flights to Tokyo On The Cards as Kenya, Japan Cozy...

You could soon fly direct to Tokyo from Nairobi after Japan and Kenya disclosed aspects of their plan to enhance ties between the two countries, intended to promote trade, tourism and cultural exchange.

Kenyans Taken Off CRB, Outstanding Mobile Loans Halved in CBK Deal

"I am very happy that between four to five million Kenyans will be out of CRB blacklist by the beginning of November," President William Ruto had promised at a forum with bank and mobile money executives in September.

Ruto Promises ‘Cheapest Smartphone in Africa’ by Next Year

Reiterating his desire to grow the digital economy, improve connectivity and empower Kenyans, particularly low-income earners, traders and business people, Ruto disclosed plans to manufacture 'the cheapest smartphone in Africa'.

Court Orders KQ Pilots to Return to Work as Losses Mount

The Court issued the decision on Tuesday, November 7 in a bid to break the stalemate that has hit the loss-making airline hard. Justice Ann Mwaure put the pilots on the spot for disregarding a temporary injunction issued by the court stopping the strike

5 Mega-Projects in Ruto’s Ksh500B Deal With UK

President William Ruto met UK Prime Minister Rishi Sunak at the sidelines of the COP27 conference on climate change currently taking place in Egypt. Sunak took the opportunity to announce that the UK would fast-track financing packages for green energy projects in the country, to the tune of Ksh500 billion.