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Starting in 2000 with just 17,000 subscribers, Safaricom has grown into the country’s largest telco, playing a central role in reshaping mobile services and financial inclusion
Through the new subsidiary, SBM will provide personal insurance, business-related covers, specialty products, and employee benefit schemes.
Moody’s flagged the country's widening budget deficit, which rose to 5.7% of GDP higher than earlier projections.
AFA Director General Bruno Linyiru said the move is the outcome of high-level trade talks between Kenya and Djibouti.
Committee chairperson and Nyatike MP Tom Odege criticised the ministry for failing to deliver relief at the fuel pumps, saying Kenyans have not felt the impact of the G-to-G agreement.
Microsoft issued an alert on Saturday warning of “active attacks” targeting self-hosted SharePoint servers.
Sameer first exited tyre manufacturing in 2016, made a brief return in 2021, but finally wound down the tyre operations in 2024.
The company's co-CEO, Ted Sarandos, said that generative AI was specifically used for a VFX shot in a post-apocalyptic drama.
The government had revised the RML upwards from Sh18 to Sh25 per litre following concerns by the Kenya Roads Board (KRB) over inadequate funding for the country’s growing road infrastructure.
In a ruling delivered by Justice Rhoda Rutto, the court found that the directors—Mohamed Adan Bare, Hamdi Abdi Nur, and Abdikadir Abdi Sheikh—had validly signed as guarantors of a Sh30 million facility extended to the company in 2012, and were therefore liable for the unpaid balance.
To stay monetized, creators must now show originality by including insights, analysis, personal experiences, or a behind-the-scenes look at their creative process.
Repos are short-term loans that allow banks to borrow from CBK by offering Treasury bonds as collateral and committing to repurchase them later at a premium.
Mbadi criticised Nyoro’s remarks as misleading and accused him of spreading misinformation about an alleged plan to raise the levy by another Sh5.
With infrastructure needs estimated at $170 billion (Sh220.1 trillion) annually, current investment levels fall far below the mark, threatening Africa’s economic growth, job creation, and global competitiveness.
The committee session, chaired by Kitui Rural MP David Mboni, heard that Kenya has seen a rapid increase in gambling firms, with over 236 licensed in 2024 alone.
The judge noted that the company had failed to prove it would suffer any harm that could not be compensated through monetary damages.
Co-op Bank’s stock has risen by 3.6 percent since the start of the year and is currently trading at Sh16.90.
CMA Chief Executive Wyckliffe Shamiah said the approvals reflect growing investor confidence and a shift toward broader, more sophisticated investment vehicles, including foreign currency-denominated and global market-linked funds.
The growing inflow of imported shoes presents a fresh test for the Ruto administration’s promise to grow the country’s leather value chain and reduce Kenya’s reliance on foreign products.
Despite the payments, the Sh273 million recovered still falls far below the Sh2.78 billion the government was owed by end of June 2023, according to the Auditor-General.
The state-owned power producer plans to select a transaction advisor by September, who will play a key role in guiding the development and implementation of the manufacturing plant.
The report shows that between 2017 and 2023, there was a 16 per cent rise in the sales of (ultra-) processed packaged foods, a trend closely linked to growing rates of obesity and non-communicable diseases (NCDs).
Justice Jairus Ngaah, who is handling the matter, directed the petitioner to serve the case documents to individuals he had named in the application but had not officially included.
This increase comes ahead of a major policy shift in the US, Kenya’s biggest remittance source, where a new law signed this month introduces a 3.5 percent excise tax on cross-border money transfers starting January 2026.
Airtel’s rapid growth comes at a time the company has been expanding its network infrastructure, especially in regions that previously lacked sufficient coverage.
Despite the broad ethnic landscape of Kenya, 14 communities are entirely absent from the KNBS workforce, a fact Obudho admitted to the committee without providing a list of those left out.
The latest spike is being blamed on increased freight charges, as shipping companies divert vessels to longer, safer routes following recent attacks in the Strait of Hormuz
Group Managing Director and CEO Allan Kilavuka stated that the Dreamliner will resume operations on July 22.
The latest figures mark a notable rise from the previous week’s $11.091 billion (Sh1.430 trillion) and remain above CBK’s statutory minimum threshold of four months of import cover.
During the previous probe, TikTok claimed that European Economic Area (EEA) user data was stored on servers outside China