Business
CBK approves Zenith Bank’s full acquisition of Paramount Bank
CBK confirmed that the transaction received regulatory approval on March 9, 2026, under Section 13 (4) of the Banking Act.
Business
Business
Transporters Association sound alarm over fuel shortage disrupting operations
The Kenya Transporters Association, in a letter dated Wednesday, April 8, 2026, has called for urgent intervention from key institutions in the energy sector, including the Government of Kenya, the Energy and P...
Business
CBK retains 8.75pc lending base rate as Middle East conflict lifts oil
Kenya’s inflation remained under control in March, coming in at 4.4 percent. This is below the midpoint of the official target band of 5±2.5 percent. The MPC linked the lower inflation to reduced prices of key...
Business
Kenya Pipeline Company assures public of adequate fuel supply, dismisses reports of shortages at petrol stations
In a statement released on 8th April 2026, the company emphasised that all its terminals and depots are well-stocked and that petroleum products meet national and international quality standards.
News
EPRA warns Oil Companies against hoarding, breaching wholesale price caps
EPRA highlighted preliminary investigations indicating that some companies are deliberately withholding petroleum supplies from non-franchised retailers, commonly known as independents, in anticipation of futur...
Top Stories
Lilian Nyawanda appointed Acting Commissioner General following Humphrey Wattanga’s exit
According to the statement, Wattanga, who has been at the helm of the authority, will proceed on terminal leave effective immediately.
Business
Kenya Airways dismisses reports on shareholding changes, terms them misleading and inaccurate
According to the airline, the Government of Kenya, through the National Treasury and Economic Planning, holds a 48.90 percent stake in the company, contrary to claims that it has surpassed majority ownership.
Technology
Google introduces Gemma 4 AI models for devices and high-end systems
Google said the models are designed to support advanced reasoning and can carry out agent-style tasks by connecting with external tools and software. The models are developed using research aligned with the sys...
Business
Final quarter pressure: KRA targets Sh932bn to hit trillion-shilling goal
The push comes after the authority recorded Sh2.038 trillion in the first nine months of the financial year, marking the first time it has surpassed the Sh2 trillion mark within that period. Even with the miles...
Business
CS Mbadi outlines e-mobility plan amid Middle East tensions
Following the escalation, several Gulf states closed parts of their airspace and introduced restrictions on shipping, particularly through the Strait of Hormuz. Iran also blocked the strait, a key global passag...
Business
Audit flags Treasury over breach of approved borrowing plan
The report, which was submitted to Parliament, shows that the deficit rose by Sh492.12 billion from the earlier estimate of Sh768.6 billion, translating to about 6.3 per cent of the GDP and going beyond the cei...
Business
Smartphone sales dip as users delay replacement
Despite fewer new purchases, smartphones remain the dominant technology in Kenya. By December, there were 48.7 million smartphones in use, compared to 29.6 million feature phones, showing that internet-enabled...