Shareholders of Equity Group Holdings Plc have approved the bank’s plans to open a Representative Office in the United Arab Emirates (UAE), marking the first time a Kenyan lender will …
Kenya
- Banking, Finance & InvestmentFinance & ServicesGOVERNMENTInfrastructureInternational RelationsKenyaTrade and Commerce
The Kenyan Cabinet has approved two major legislative proposals aimed at modernising how public agencies are run and how government resources are procured and managed. The two bills—the Government-Owned Enterprises …
- AviationEastern AfricaEconomyGOVERNMENTKenyaLeadership
Kenya Airways Grows Workforce, Nears Gender Leadership Target
Kenya’s national airline, Kenya Airways (KQ), has expanded its workforce by 8% in 2024, bringing the total number of employees to 4,705. This growth in staff came during a landmark …
- AgribusinessAgricultureEastern AfricaEconomyFinance & ServicesKenyaMarkets
Williamson Tea and Kapchorua Tea Post Sharp Profit Declines
Two of Kenya’s oldest tea producers, Williamson Tea Kenya Plc and its associate Kapchorua Tea Kenya Plc, have reported significant drops in profit for the financial year ending 31 March …
- Banking, Finance & InvestmentEastern AfricaInsuranceKenyaSecurityTransportation & Logisitics
Court Clears Wells Fargo in ₦253 Million Moyale Heist Case, Blames Equity Bank for Security Lapses
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 …
- Eastern AfricaEconomyFinance & ServicesINVESTMENTKenyaTrade and CommerceWestern Africa
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 …