The amount of money in toll fees that motorists using the Usahihi Expressway shall pay has been announced. These toll charges were announced by Usahihi Chairman Kyle McCarter who is also the former US ambassador to Kenya.
According to McCarter,...
Home Afrika has posted the first full year net profit since 2014. The real estate company realized a net profit of Sh133 million for the full year ended December 2024. This was an improvement from the Sh27.8 million loss...
Kenya's inflation has risen to 4.1 percent. This is the highest rate in eight months and it comes in as the fastest rise in inflation over the last two and a half years. According to data that was released...
The economy of the United States has recoiled. This is according to fresh data from the Labour Department's Bureau of Economic Analysis, which shows that the US economy shrank for the first time in three years in the first...
Businessman Peter Munga has acquired an additional 3.64 million Equity shares. The businessman acquired the shares in the first three months of the year to March 2025. The shares valued at Sh166.2 million pushed his shareholding in Equity Group...
Kenya is set to overtake Ethiopia as East Africa's largest economy, the International Monetary Fund (IMF) has said in new projections for the year 2025.
According to the IMF projections, Kenya's GDP is forecasted to increase to $132 billion in...
Businessman Peter Munga has lost his bid to block auctioneers from selling off his multimillion shares over a Sh433.76 million ABC Bank loan. This is after the High Court dismissed the businessman and lashed at him for filing multiple...
The US Embassy in Nairobi has announced fresh changes in its visa application process. The new changes impact on passport collection for applicants whose visas have been approved.
In the new announcement, the US Embassy in Nairobi has moved passport...
Kenya’s micro, small and medium enterprises (MSMEs) are set to gain a competitive edge through a partnership announced between the Co-operative Bank of Kenya and the African Management Institute (AMI).
This strategic collaboration brings Co-op Bank’s MSME clients access to...
The Central Bank of Kenya (CBK) has announced that it has lifted a ten-year freeze on licensing of new banks. The CBK announced that the moratorium that started on November 17, 2015 shall officially end on July 1, 2025.
“The...
