President William Ruto's State House blew Sh4.32 billion in just three months. This massive expenditure was against the target allocation of Sh1.92 billion that State House had been given to spend in the first quarter of the current 2025/26...
An investigative report by the New York Times has exposed how President William Ruto's family and close allies are making profits from sending Kenyans to work as cheap labourers in Saudi Arabia.
According to the report, President Ruto and his...
Importation of electronics and electricals that are older than twelve years will soon be prohibited in Kenya. This is according to draft regulations by the National Environment Management Authority (NEMA).
The draft regulations, says NEMA, are aimed at curbing the...
Software developer and innovator Sam Wanjohi has lost a Sh1.1 billion lumpsum that he was set to receive as compensation over the alleged usage of his ideas in the development of two M-Pesa apps.
This is after the High Court...
The government is planning to issue a Sh390 billion bond to fund the construction of the SGR Malaba line. This is according to the Cabinet Secretary for Transport Davis Chirchir. This will be Kenya's largest issued single bond.
According to...
Tesla shareholders have approved a record-breaking $1 trillion pay package for the company's boss Elon Musk. The Elon Musk $1 trillion pay package was approved by 75 percent of the votes cast by shareholders during the company's annual general...
The Nairobi Securities Exchange (NSE) has crossed the Sh3 trillion milestone in market capitalization for the first time in history.
Market data from the NSE shows that the local bourse made this achievement on Thursday November 6, 2025 when it...
NSE-listed telecommunications firm Safaricom has announced a net profit of Sh42.8 billion in the first half of its 2026 financial year. This was a growth of 52.1 percent from the net profit of Sh28.1 billion that the company had...
The Kenya National Highways Authority (KeNHA) has come out to clarify that the consortium led by China firm China Road and Bridge Corporation (CRBC) and the National Social Security Fund (NSSF) has not yet been approved to start working...
National Treasury Cabinet Secretary John Mbadi has admitted that the government is currently artificially managing the Kenya Shilling exchange rate against the dollar at 129. CS Mbadi said on Tuesday that the Kenyan currency could have strengthened to 118...