Business
Uber launches app-based safari experience in Nairobi
A daytime safari, which can accommodate up to seven passengers, will cost Sh25,000, while a night safari for a maximum of five people will go for Sh40,000.
Business
Business
StanChart flags Sh5 billion profit loss over pension payout
In a profit warning issued on Tuesday, the bank said it expects its net income for the year ending December 31, 2025, to fall by at least 25 percent compared to the Sh20.06 billion profit posted in 2024.
Business
Kenya’s flower exports dip 12% as airlines abandon JKIA routes
Data from the Agriculture and Food Authority (AFA) shows that the country’s flower exports fell by Sh72.1 billion from 116,273 tonnes in 2024, with exporters losing Sh1.4 billion in earnings.
Technology
US, China reach framework deal on TikTok
U.S. Treasury Secretary Scott Bessent confirmed that commercial terms have been agreed upon between two private parties, though specifics remain undisclosed.
Business
Sacco lending outpaces deposits by Sh92bn amid costly bank loans
Data from the Sacco Societies Regulatory Authority (Sasra) shows gross loans advanced by the co-operatives rose 11 percent to Sh842.8 billion, compared to a 10.7 percent growth in deposits to Sh750.6 billion.
Business
Power producers face fines for failing to file outage schedules
The plan, to be filed with the Energy and Petroleum Regulatory Authority (Epra) and Kenya Electricity Transmission Company (Ketraco), must be handed in by December 31 every year or within four months after the close of a financial year.
Business
Kenyan Shilling holds steady as CBK releases Tuesday September 16 rates
According to the published rates, the US dollar (USD) is trading at Sh 129.2400, reflecting the continued demand for the greenback in Kenya’s import-driven economy.
Business
Ex-CBK Chair Mohammed Nyaoga appointed Absa Bank Kenya board chairman
Nyaoga will succeed Charles Muchene, whose tenure as director and board chairman concludes on September 30 after serving the lender for nine years.
Business
Airbnb surge reshapes Nairobi housing market, squeezes long-term renters
The surge in Airbnb-style accommodation is not only affecting residents but also reshaping the city’s wider housing and hospitality sectors.
Business
Motorists lobby pushes for EPRA disbandment over “political” fuel pricing
The Association said the monthly reviews by the regulator have turned into a “circus” that keeps Kenyans unsettled and gradually conditions them to accept irregular and exploitative price hikes.
Technology
XForce Rejects crowned champions at PUBG Mobile Africa Cup in Nairobi
The tournament, organised by PUBG Mobile in partnership with smartphone maker Infinix, drew teams from across sub-Saharan Africa after months of qualifiers.
Business
EPRA cuts fuel prices in September review
This means that in Nairobi, motorists will now pay Sh184.52 for a litre of Super Petrol, Sh171.47 for Diesel, and Sh154.78 for Kerosene.