A Kenyan High Court has ruled in favour of security firm Wells Fargo Limited in a case involving the theft of KSh 47 million (about ₦253 million) during a 2019 cash …
Kenya
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Kenya’s M&A Deals Drop Sharply But Bigger Transactions Boost Total Value in 2024
Kenya recorded a significant drop in the number of mergers and acquisitions (M&A) deals in 2024, but the total value of those deals went up sharply, showing a shift in …
The Government of Kenya has introduced a fresh set of rules to guide the development of its crude oil sector. These new regulations are expected to speed up the country’s …
- AviationInternational RelationsKenyaNigeriaTravel & Tourism
Kenya Airways Seeks 7 Days to Resolve Gloria Incident
Kenya Airways has requested a seven-day period to address outstanding issues raised by the Nigerian Civil Aviation Authority (NCAA), following a controversial incident involving a Nigerian passenger, Gloria Omisore, and …
- AgricultureEconomyFinance & ServicesKenyaManufacturingTrade and Commerce
Kenya’s Trade Deficit Narrows to Four‑Year Low as Export Gains Grow
Kenya recorded its lowest trade deficit in four years in the first quarter of 2025, helped by rising exports and falling fuel costs. The trade gap between imports and exports …
- AviationBusinessFinance & ServicesINVESTMENTKenya
Kenya Airways Counts on Investor to Clear Sh142 Billion Debt
Kenya Airways (KQ), the national airline of Kenya, is now counting on a new strategic investor to help clear its huge Sh142 billion debt. The announcement was made on 16 …
- Banking, Finance & InvestmentBusinessFinance & ServicesINVESTMENTKenyaReal Estate
Former Kenya Tax Boss Anthony Mwaura Buys Sh1.6 Billion Worth of HF Group Shares
On 16 June 2025, it was confirmed that Mr Anthony Mwaura, former chairman of Kenya Revenue Authority (KRA), has bought a large number of shares in HF Group PLC. HF …
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CBK Moves to Raise KSh 50 Billion from Reopened Bonds
he Central Bank of Kenya (CBK) has announced plans to raise KSh 50 billion through the reopening of two infrastructure bonds to support the country’s growing financial needs. The move …
- EconomyEnergyFinance & ServicesInfrastructureKenyaSafaricomTelecommunications
Kenya Targets Safaricom and KPC to Fund Sh4.24 Trillion 2025/26 Budget
Kenya is gearing up to tap its biggest publicly listed companies, Safaricom and the government‑owned Kenya Pipeline Company (KPC), to fund its Sh4.24 trillion budget for the 2025/26 financial year, Finance …
- Eastern AfricaEconomyFinance & ServicesInfrastructureKenya
Kenya announces KSh 4.29 trillion budget for 2025/2026
The government of Kenya has unveiled its budget for the 2025/2026 financial year, with a total value of KSh 4.29 trillion, which is about $32.8 billion. This marks the first …