BasiGo begins local assembly of electric vans in Kenya
BasiGo has begun assembling Ma3e electric vans in Mombasa with AVA, delivering Kenya’s first locally assembled electric vans, with 22 units due by May and over 500 already reserved.
BasiGo has begun assembling Ma3e electric vans in Mombasa with AVA, delivering Kenya’s first locally assembled electric vans, with 22 units due by May and over 500 already reserved.
Kenya’s chamber of commerce warns that rising fuel costs, driven by global shocks and domestic taxes, are raising inflation risks, transport fares and production costs, and urges urgent structural reforms.
The firm said the problems were more severe among roaming and diaspora users, many of whom were automatically moved to the new version through device auto-update settings, leading to access challenges.
Kenya’s 25 most valuable brands have grown 3% to Sh349 billion, with banks dominating. Equity tops the list, KCB rises to second and Safaricom slips to third amid sector headwinds.
The Kenya Deposit Insurance Corporation (KDIC) has proposed changes that would expand the current pricing model to include exposure to interest rate shifts, foreign exchange movements, and changes in commodity...
The Competition Authority of Kenya facilitated the recovery of Sh76.29 million for suppliers in the year ending June 2025, even as the number of reported buyer power abuse cases reduced compared to the previou...
The report also raises concern over questionable transactions, pointing to Sh15.64 billion reflected in bank records but not captured in the cash book. Of this, Sh14.89 billion has remained unresolved since 200...
The Central Bank aimed to exchange up to Sh20 billion worth of existing government bonds as part of its debt management strategy. However, total bids received stood at about Sh2.56 billion, representing only 12...
The Mombasa–Naivasha route has been treated differently, with Kenya Railways setting a flat rate of $600 (Sh77,550) for a 20-foot container and $700 (Sh90,475) for a 40-foot container.
In the review released on April 14, 2026, EPRA said the new pump prices will take effect from April 15, 2026, and remain in force until May 14, 2026, marking another adjustment in the cost of fuel that is likel...
The central bank noted that it has received more than 800 applications since March 2022, reflecting strong interest in Kenya’s digital lending space.
Data tabled before the committee showed that Automotive Gas Oil (AGO) remained the leading imported product, driven by its heavy use in transport and industrial activity across the country.