Business
CBK sets the record straight on interest rate caps
This clarification follows growing unease from the banking sector, voiced through the Kenya Bankers Association (KBA).
Business
Technology
Apple weighs iPhone price hike, steers clear of tariff blame
The report, citing people familiar with the matter, said Apple is exploring price adjustments ahead of its fall product launch.
Technology
Google refreshes iconic 'G' logo with subtle design update
The updated design stays true to the company’s familiar four-colour palette, yet introduces softer transitions.
Business
CS Oparanya calls for calm over sugar mill leases
He expressed strong support for the government’s plan to lease out State-owned sugar mills.
Business
President Ruto assures of Kenya's commitment to implementing pro-trade policies
He emphasized that the Kenya Kwanza administration is committed to enacting trade-friendly policies that promote inclusive wealth creation.
Business
Chemelil and Muhoroni Sugar companies transition to new management
Agriculture Cabinet Secretary Mutahi Kagwe revealed that Kibos Sugar and Allied Industries Limited had officially taken over the operations of Chemelil Sugar Company.
Business
Equity Group, African Guarantee Fund seal Sh64bn deal to empower African MSMEs
The facility is projected to unlock Sh129.5 billion (USD 1 billion) in credit.
Business
Fuliza usage climbs by 800,000 users, disbursements reach Sh982 billion in 2024
According to data from Safaricom, the total number of active Fuliza users reached 7.9 million.
Business
Feasibility funds hit Sh2.8bn amid housing plan doubts
This funding is part of a larger Sh119.6 billion budget allocated to the State Department for Housing and Urban Development.
Business
Payment hope for 65,627 bills as State scrutinizes Sh518bn debt
The State has been under pressure to ensure that only legitimate bills are approved for payment.
Business
Rural power sales drop to Sh12.4bn despite user growth
Kenya Power, the country's dominant electricity supplier, recorded Sh12.4 billion in sales revenue from the rural electrification program during the year ending June 2024.