The Energy and Petroleum Regulatory Authority (Epra) has maintained the price of kerosene at Sh191.38 per litre in Nairobi for the monthly pricing period ending October 14, even as its landed cost rose by nearly 10 per cent last month.
By Maureen KinyanjuiIn Nairobi, a litre of Super Petrol will continue to retail at Sh214.03 cents, while Diesel will remain at Sh217.86 cents per litre.
By Samuel OtienoThe shift is not aimed at replacing the dollar, which remains the dominant currency for trade, foreign exchange transactions and official reserves across the region. Instead, policymakers are seeking alternative channels that can make Asian economies more resilient to external shocks while allowing regional currencies and payment systems to play a greater role
By Chrispho OwuorIn June, the New York Times reported that OpenAI was leaning toward delaying its IPO until next year.
By Samuel OtienoCMA published the names of all 15 platforms in its notice and advised Kenyans to check the full list through its official website and verified social media accounts before putting their money into investment schemes.
By Bradley BosireThe framework will operate through the Regional Electronic Cargo Tracking System (RECTS) and will give users the option of selecting their preferred vendor instead of relying on KRA-issued seals.
By Maureen KinyanjuiThe declaration was signed on Friday in Nairobi during the Global Flyways Summit, which also saw the launch of BirdLife International’s State of the World’s Birds report, the first edition of the publication dedicated to migratory birds and the flyways connecting their breeding, stopover and non-breeding grounds.
By Bradley BosireIncoming KENIC chairman Thomas Odhiambo said the organisation had initially calculated that reaching one million domains at the present rate would take 41 years, although the board now hopes to reduce that period to about 30 years.
By Maureen KinyanjuiThe company says the operation involved mass production of political messages designed to appear as spontaneous public opinion, including posts praising Energy Cabinet Secretary Opiyo Wandayi and promoting claims that Kenya’s United Opposition was fracturing
By Chrispho OwuorFigures from the Kenya Motor Industry Association (KMIA) show that 9,757 vehicles had been sold between January and July 2026. Isuzu East Africa remained firmly ahead of its competitors, accounting for almost half of the total market.
By Maureen KinyanjuiIn a statement on September 1, 2026 , Omari’s appointment took effect immediately after receiving the required regulatory and internal approvals, according to the bank’s Board of Directors.
By Maureen KinyanjuiThe maintenance is scheduled to start at 6:00 a.m. and run until 6:00 p.m., with KRA notifying all iCMS users to prepare for the period when the system will be unavailable.
By Bradley BosireSpeaking at the Islamic Finance Forum and Dialogue Conference in Nairobi on Thursday, Salat said Islamic finance should go beyond offering alternatives to conventional banking and instead focus on financing real assets and productive economic activity
By Chrispho OwuorKenya Re Head of Marketing Sally Waigumo said Takaful's emphasis on mutual assistance and shared responsibility could provide an alternative approach to insurance, particularly for communities exposed to economic and climate-related risks
By Chrispho OwuorAt the international level, the Islamic Financial Services Board has also placed Sharia governance at the centre of confidence and financial stability in the sector. In 2025, it adopted principles aimed at strengthening supervisory oversight of Sharia governance across Islamic banks, takaful institutions and Islamic capital-market institutions
By Chrispho OwuorFigures from the World Inequality Database show that the richest 10 per cent of Kenyans control about 63 per cent of the country’s wealth. The top one per cent alone holds about 29 per cent.
By Maureen KinyanjuiBoeing’s 2026 Commercial Market Outlook estimates that passenger traffic across Africa will increase by nearly six per cent each year up to 2045, placing the continent among the world’s fastest-growing aviation markets.
By Maureen KinyanjuiSpeaking at the Islamic Finance Forum and Dialogue 2026 in Nairobi on Thursday, Hassan said regulators and industry players should work together to develop a framework that supports Islamic finance across banks, Saccos and other financial institutions, while also improving financial literacy among communities unfamiliar with the products.
By David AbonyoSpeaking at the Islamic Finance Forum and Dialogue Conference 2026 at the Radisson Blu Arboretum in Nairobi on Thursday, Sheikh Rashid called for reforms to create a stronger legal and regulatory environment for Sharia-compliant financial services
By Chrispho OwuorThe legacy businesses increased their operating deficit by Sh719.6 million from Sh2.16 billion recorded in the previous financial year, with freight on the Meter Gauge Railway (MGR) accounting for the largest share of the losses.
By Maureen KinyanjuiSpeaking at the Islamic Finance Forum and Dialogue Conference 2026 on Thursday, Muriithi said the Income Tax Act and the Value Added Tax Act already recognise Islamic finance arrangements, while the Public Finance Management Act recognises Sukuk as a form of government security.
By David AbonyoSpeaking at the Islamic Finance Forum and Dialogue Conference in Nairobi on Thursday Somalia’s Ambassador to Kenya Jabril said East African countries needed financing for roads, ports, airports, energy, water, housing, telecommunications, technology, agriculture and human capital.
By Chrispho OwuorSpeaking at the Islamic Finance Forum and Dialogue Conference 2026 organised by Radio Generation on Thursday, Asmali said Kenya’s history of financial innovation gave it an opportunity to become a leading Islamic finance hub in Africa.
By David AbonyoThe ruling also brings to an end interim orders that had temporarily protected the lender from enforcement of the award as it sought to challenge the earlier judgment.
By Maureen KinyanjuiThe latest industry projections point to continued expansion, with the 2025 Islamic Finance Development Report estimating total Islamic finance assets at about Sh557.28 trillion in 2024 and projecting further growth towards 2029. The report also notes that Islamic banking is expanding in sub-Saharan Africa, with Islamic banks and banking windows operating across numerous markets
By Chrispho OwuorThe bank's approach comes as Kenya's financial inclusion landscape continues to expand, although significant gaps remain in access to and use of financial products
By Chrispho OwuorSASRA reported that the ratio of non-performing loans to gross loans among DT-Saccos increased to 6.56 per cent in June, from 6.42 per cent three months earlier.
By Maureen KinyanjuiThe bonds will be offered through a multi-price auction, with investors able to submit either competitive or non-competitive bids
By Chrispho OwuorChina Communications Construction Company (CCCC), the parent group of China Road and Bridge Corporation (CRBC), made RMB204 million (Sh3.9 billion) from the Nairobi Expressway concession between January and June.
By Maureen KinyanjuiThe Africa Rural Climate Adaptation Finance Mechanism (ARCAFIM) is targeting about 260,000 smallholder farmers and 500 rural businesses, with women expected to make up at least half of the beneficiaries and youth 30 per cent.
By Bradley Bosire