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Business

Elon Musk's SpaceX has acquired his AI company, xAI
Technology

Elon Musk's SpaceX has acquired his AI company, xAI

The merger will “form the most ambitious, vertically-integrated innovation engine on (and off) Earth, with AI, rockets, space-based internet, direct-to-mobile device communications and the world’s foremost real-time information and free speech platform,” Musk wrote in an update.

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MPs demand clarity over Vodacom share deal and fund usage
Business

MPs demand clarity over Vodacom share deal and fund usage

The Sessional Paper 3 outlines plans to sell six million Safaricom shares to Vodacom at Sh34 per share, representing a 23.6 per cent premium over the six-month average price ending December 2, 2025. Following the sale, the government’s stake will reduce from 35 per cent while Vodacom’s holding rises from 40 per cent to 55 per cent.

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KPA reports record cargo growth in 2025
Business

KPA reports record cargo growth in 2025

According to data released on Thursday by the Authority, the Port of Mombasa handled 45.45 million metric tons of cargo between January and December 2025, representing a 10.0 percent increase compared to 40.99 million metric tons recorded in 2024.

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KETRACO unveils Sh15.8 billion Coast power upgrade
Business

KETRACO unveils Sh15.8 billion Coast power upgrade

The plan involves a new 220/132 kilovolts (kV) substation in Kilifi and an upgrade of the 220/33kV substation in Malindi. The Coast region has struggled with unstable voltage and frequent power disruptions, partly because it is far from the country’s main power generation centers and has a limited transmission network.

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