Economy

Chinese vehicle manufacturer Jetour has officially entered the Kenyan market, unveiling four mid-size SUV models aimed at the country’s growing premium car segment. The lineup includes the Jetour Dashing, Jetour X70, Jetour T-Series, and Jetour T2, which will be distributed locally through Global Motor Center, Jetour’s official partner in Kenya. …

Parliament is set to approve a deal allowing Gulf Energy E&P B.V. to begin oil and gas extraction in Turkana County, marking a key step toward Kenya’s first commercial petroleum production. Energy and Petroleum Cabinet Secretary Opiyo Wandayi confirmed that his ministry has already approved the Field Development Plan (FDP) …

Safaricom, Kenya’s leading telecommunications firm, has announced a 54.5% jump in its half-year profit, largely driven by reduced losses in its Ethiopian operations and steady performance in its domestic market. The company reported a group operating profit of Ksh.65.2 billion ($505.6 million) for the six months ending September, maintaining its …

Gitson Energy Limited has formally written to the National Environment Management Authority (NEMA), demanding full transparency on all Environmental Impact Assessment (EIA) approvals and licenses for power projects in Marsabit County. The firm raised concerns over whether these projects comply with Kenya’s environmental and community land regulations. Click here to …

Kenya is one of nine COMESA member states affected by a major safety recall issued by BMW Group South Africa, the COMESA Competition Commission (CCC) has confirmed. In a public warning notice, the regional regulator alerted consumers to potential defects involving faulty starter motors and Takata airbags in certain BMW …

Kenya’s inflation rate remained unchanged at 4.6 per cent in October 2025, as a marginal drop in prices of key food commodities helped cushion consumers from rising costs in other sectors, according to the latest report by the Kenya National Bureau of Statistics (KNBS). The cost of living edged up …

Kenya Electricity Generating Company (KenGen) has announced a 54 percent jump in its after-tax profit for the financial year ending June 30, 2025, driven by operational efficiency, cost optimization, and increased power generation from its diversified energy portfolio. The power producer’s profit after tax rose to Sh10.48 billion, up from …

Property prices in Nairobi rose during the third quarter of 2025, defying the usual August slowdown, as demand for detached houses surged — even as rental prices dropped due to the exit of expatriates following US aid programme cuts. According to the HassConsult House Price Index for July–September, overall property …

Safaricom has partnered with Meta, the parent company of Facebook, to bring a new high-capacity submarine cable connecting Oman and Kenya, a move set to improve digital connectivity and increase internet speeds across East Africa. The agreement, signed through Meta’s subsidiary Edge Network Services Limited, appoints Safaricom as the landing …

Solar and energy solutions company Sun King has inaugurated a 7,600-square-metre manufacturing plant in Tatu City, Kiambu County, marking a major step toward local production and value addition in Kenya. The new facility, which can produce up to 700,000 units annually, integrates manufacturing, refurbishment, and warehousing operations under one roof …