ECONOMY

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.

833 Articles
The telco is yet to name Ngumi's successor, only stating that a chair will be elected by the board in coming weeks.
BUSINESSECONOMYFEATURED STORY

John Ngumi is Exiting as Safaricom Chairman. Here’s What You Should Know

The government holds a 35% stake in Safaricom, the region's largest and most profitable company. Ngumi, a seasoned investment banker who has sat...

The surgeon argues that Safaricom abuséd its market dominance and failed to properly communicate to customers the introduction of expiry dates. [Photo/ MarcoPolis]
BUSINESSECONOMY

Inside Surgeon’s Bid to Stop Bonga Points Expiry

The telco had in November last year announced that all unredeemed Bonga points would expire after three years. Bonga Points accumulated before December...

President William Ruto at Sunday service at Siloam Ministry, Bamburi, Mombasa County on January 1, 2023.
BUSINESSECONOMY

Ruto: Why Unga is Still Ksh200 Despite my 100-Day Promise

One of Ruto's key promises on the campaign trail had been that he would reduce the cost of living within his first 100...

Gachagua had maintained that the cases against him were politically instigated, arguing that tenders his companies secured were above board.
BUSINESSECONOMY

Gachagua Secures Ksh200M in ARA U-Turn

Before backtracking, the DCI had told the court that the funds were acquired illegitimately, and presented a paper trail of dealings between Gachagua-linked...

The power subsidy is the latest subsidy the President has done away with, after earlier scrapping the fuel subsidy put in place by the Uhuru administration. Ruto has maintained that the subsidies are unsustainable.
BUSINESSECONOMY

You Will Pay More for Power in January 2023 – Here’s Why

Energy and Petroleum Regulatory Authority (Epra) director-general Daniel Kiptoo confirmed to journalists that the power subsidy would not be extended past the end...

SuperSport camera men at Nyayo Stadium, Nairobi for a past KPL clash before the broadcaster's exit from the league in 2017. [Photo/ NMG]
BUSINESSECONOMYSPORTS

SuperSport’s Return to Kenyan Football – Sports CS Announces

According to Namwamba, he expects the live broadcasts to begin by the end of the ongoing 2022/23 season. MultiChoice was yet to respond...

Mumias Sugar investors
BUSINESSECONOMY

Twist In Mumias Sugar Revival After President Gives New Direction

President William Ruto on Thursday, 8th December said he is going to get a new investor to revive Mumias Sugar Company and restore...

Besides its supermarkets, Gilani's operates distribution facilities and owns prime real estate in Nakuru city. [Photo/ KI]
BUSINESSECONOMY

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...

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