East Africa Portland Cement Company (EAPCC) says it has completed the settlement of KCB’s Sh6.8 billion loan via land transfers to the lender, cutting its finance costs by Sh735 million …
Sales of new motor vehicles dropped marginally in the nine months ended September, with the slowdown linked to the economic uncertainty in the context of the recent General Election. Formal …
Tea farmers selling their produce to KTDA-managed factories recorded improved earnings in the July to mid-October period as volumes sold increased. Average prices for teas from KTDA-managed factories increased to …
South African Airways (SAA) has resumed its operations in Kenya after shutting down for the last two years. The South-African national carrier has opened a new booking office in Yaya …
The value of Safaricom at the Nairobi bourse has dipped below the Sh1 trillion mark on foreign investors’ flight in the wake of rate hikes in the US. The telco …
The government has lifted the ban on Genetically Modified Crops following a Cabinet meeting chaired by President William Ruto. Consequently, the Cabinet approved the cultivation and importation of White GMO …
President William Ruto is seeking a deal with fintechs such as Safaricom to disburse cheaper loans to small traders at single-digit interest rates. The planned partnership will see the State …
The Kenya Bureau of Standards (KEBS) has assured Kenyans that the edible oils and fats in the market are safe for use except for specific batches it had listed on …
Wealthy investors and financiers like banks and pension schemes are putting pressure on the Central Bank of Kenya (CBK) to increase the cost of government borrowing as global hikes in …
Tea prices at the weekly Mombasa auction rose slightly this week amid an increase in the volumes traded. At this week’s auction, a kilo averaged USD2.25(Sh271.35) up from USD2.24(Sh270.14) last …