The Coca-Cola system, consisting of The Coca-Cola Company and its authorised bottler Coca-Cola Beverages Africa has announced its intention to grow its investment in Kenya by up to $175 million …
Kenyan News
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China back to funding SGR connecting Kenya and Uganda
by Editorby EditorKenya has secured funding for the standard gauge railway line from Naivasha to the Uganda border from China’s Exim Bank. Kipchumba Murkomen, Kenya’s Cabinet Secretary of Roads and Transport, disclosed …
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Farmers Laud African Heads For Ending Donkey Slaughter Business
by Editorby EditorDonkey stakeholders across various counties in Kenya gathered at Uhuru Market in Narok town to celebrate the decision made by African Heads of State to prohibit the slaughter of donkeys …
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State House Says Uhuru Has Not Been Denied Funds
by Editorby EditorState House Kenya has denied the claim that President William Ruto has been withholding funding from former President Uhuru Kenyatta’s office due to political disagreements. During a press briefing at …
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Foreigners sell Sh2.3 billion NSE stocks in three months
by Editorby EditorForeigners have sold NSE stocks worth Sh2.3 billion in the past three months, according to new market data. Despite improvements in local equities, foreign investors continued to withdraw from the …
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Oil marketers eye bigger profits in Epra review
by Editorby EditorOil marketers are anticipating increased profits as Epra begins a crucial review that will determine new costs for the next five years. The Energy and Petroleum Regulatory Authority recently awarded …
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Private firms to import electricity for resale locally
by Editorby EditorPrivate companies in Kenya are set to venture into the electricity distribution sector and will be allowed to import power from neighbouring countries for local resale. This move, proposed by …
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Kenya Receives Springbuck Armored Vehicles From South-Africa
by Editorby EditorThe Kenyan government has acquired a series of Springbuck armoured personnel carriers from DCD Protected Mobility. The first fleet of these advanced vehicles was inaugurated and deployed on Wednesday, March …
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Customers to remain yoked to Kenya Power despite end of monopoly
by Editorby EditorMillions of existing Kenya Power customers will be tied to the power utility indefinitely despite the State opening up the electricity distribution market to other firms. The Energy (Electricity Market, …
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Kenya is Africa’s start-up funding top destination
by Editorby EditorKenya has defied a global funding drought for budding companies to post a 17 percent increase in new start-up investments, toppling Nigeria and Egypt as the continent’s largest destination for …