M-Pesa shops pictured in Nairobi. A bill before Parliament, if it sails through, would see Safaricom's telecommunications and mobile money divisions split up.

BUSINESS ECONOMY FEATURED ARTICLE MARKETS

What Safaricom Would Look Like Broken Up as MPs Push to Split Telco

After multiple failed attempts, a bill before Parliament threatens to split up Safaricom, East Africa's largest telco. Debate on the Second Reading of...

MARTIN SIELE2 Mins read

A smartphone user in Kenya. Many Kenyans use digital lending services to access loans, despite numerous pitfalls.

BUSINESS ECONOMY MARKETS TECHNOLOGY

Mobile Loans: New Bill Changes Lenders’ Playbook

A bill introduced in Parliament aiming to rein in predatory lending by digital lenders has been cleared by the House. The Central Bank...

MARTIN SIELE2 Mins read

ECONOMY MARKETS

Milk Processing Plant Brings Life to Semi-Arid Region

A Ksh22 million milk processing factory has been constructed in Kajiado County, giving the much-needed shot in the arm for the semi-arid region's...

BT Reporter2 Mins read

REAL ESTATE

Student Accommodation Turns Into a Lucrative Investment

Acorn Holdings Ltd, through its subsidiary Acorn Investment Management Limited (AIML), has launched two Real Estate Investment Trusts (REITs) that will give institutional...

BT Reporter2 Mins read

BUSINESS ECONOMY MARKETS

Tea Prices Drop as High Volumes Persist

Average tea prices for factories managed by Kenya Tea Development Agency have dropped by 13.3% to USD2.22(Ksh243.89) in the last seven months ending...