Ruto’s Multi-Million Plan to Host Afcon in Kenya

To host Afcon 2027, Kenya will also need to plough millions into upgrading and possibly building new facilities including stadiums, training facilities, transport...

MARTIN SIELE3 Mins read

The locally assembled models included the Mercedes-Benz Actros 3340S and Mercedes Benz 2640LS with air suspension. [Photo/ DT Dobie Kenya]

BUSINESS ECONOMY

Assembled in Kenya Mercedes-Benz Trucks Roll off Production Line

DT Dobie Kenya Managing Director Chris Ndala stated that the assembly process in Kenya 'met and exceeded' standards set by Mercedes' parent firm...

MARTIN SIELE1 Mins read

President Ruto (r) noted that those accessing the hustler fund would not require security as they would be backed by their saccos. [Photo/ @WilliamsRuto]

BUSINESS ECONOMY

Where You’ll Get Ruto’s Ksh50B Hustler Fund

The fund is supposed to offer affordable SME financing for Kenyans. Ruto stated that the business loans would be charged at a single...

MARTIN SIELE2 Mins read

President Ruto (r) and his Deputy Rigathi Gachagua campaigned on a promise to empower 'Hustlers' and slammed the Uhuru Kenyatta (l) administration of alleged State capture, claiming that selfish interests were to blame for controversial policies and projects.

BUSINESS ECONOMY

3 Uhuru Plans Ruto Has Reversed So Far

A month since he was sworn in as Kenya's fifth President, William Ruto has spent much of his time in office reversing policies...

MARTIN SIELE2 Mins read

President William Ruto among other leaders following the Supreme Court ruling in September on TV. Data shows that TV viewership in Kenya has been on the decline.

BUSINESS ECONOMY MEDIA SMART MONEY

TV Stations Hit as Advertisers Take Cash Elsewhere

TV advertising in Kenya stood at $98 million in 2021, up from $93 million in 2020. Internet advertising revenue, on the other hand,...

MARTIN SIELE1 Mins read

Panadol, Augmentin and Sensodyne are among brands owned by GSK. [Photo/ Kasha]

BUSINESS ECONOMY

GlaxoSmithKline Ditches Commercial Operations in Kenya

The company informed its staff members in Kenya that operations would be transferred to third-party distributors. GlaxoSmithKline Kenya further sought to assure its...

MARTIN SIELE2 Mins read

The move represents a policy break from the previous administration, led by former President Uhuru Kenyatta, which was reluctant to reduce its positions in key companies, citing strategic, regulatory and national security considerations. [Photo/ NSE]

BUSINESS ECONOMY MARKETS

Ruto Takes Ksh792B Offer Uhuru Rejected

The move represents a policy break from the former President Uhuru Kenyatta-led administration which was reluctant to reduce its positions in key companies,...

MARTIN SIELE3 Mins read