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.

851 Articles
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...

Vivienne Yeda was appointed chairperson of the Kenya Power board of directors in November 2020. [Photo/ KI]
BUSINESSCAREERSECONOMY

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...

President William Ruto engages Equity Group CEO Dr. James Mwangi at a past forum. The Equity CEO is among those appointed to the steering committee on drought response.
BUSINESSECONOMY

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...

Co-op Bank continued its digital transformation in line with industry trends in the period under review, shifting 94 percent of transactions away from brick-and-mortar banking halls. [Photo/ Co-op Bank]
BUSINESSECONOMY

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...

At the time of his exit from KCB, Joshua Oigara was Kenya’s second-highest paid executive with a monthly salary of Ksh22 million. [Photo/ KCB Group]
BUSINESSCAREERSECONOMYMARKETSPERSON OF INTEREST

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...

The Tokyo direct flights, if introduced, would also come as a boost to the limping national carrier Kenya Airways.
BUSINESSECONOMY

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

You could soon fly direct to Tokyo from Nairobi after Japan and Kenya disclosed aspects of their plan to enhance ties between the...

President William Ruto with the CEOs of Safaricom, NCBA and KCB as well as the CBK Governor at an event on September 28. [PHOTO | DIANA NGILA | NMG]
BUSINESSECONOMY

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...

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