Economy

Regional airline Safarilink has rejected social media claims suggesting that it had drastically raised ticket prices for the Nairobi–Kisumu route. The company described the allegations as “false and misleading” after Kileleshwa MCA Robert Alai posted on X that one-way tickets were allegedly going for $644 (Sh93,000). Click here to join …

While the late Raila Odinga was celebrated for his towering political influence, he was also a strategic entrepreneur who quietly built a broad and successful business portfolio cutting across energy, manufacturing, agriculture, and real estate. Click here to join our WhatsApp Channel The former Prime Minister, who passed away in …

High transport and labour costs continue to fuel food price instability in Kenya, even as harvests improve and weather conditions remain favourable, according to a new agriculture sector survey by the Central Bank of Kenya (CBK). The report shows that 95 percent of respondents identified transport costs as the main …

The Kenya Tea Development Agency (KTDA) has rejected claims by leaders from Kericho and Bomet alleging that more than Sh1 billion contributed by farmers from the western tea-growing region was diverted to projects in eastern Kenya. In a statement, KTDA termed the allegations false and misleading, insisting that all farmer …

Business Bay Square (BBS) owner Abdiweli Hassan has unveiled plans to invest Sh64 billion in a 60-acre mixed-use development within Tatu City Special Economic Zone (SEZ). The ambitious project will feature residential units, offices, retail spaces, logistics hubs, green parks, and a mosque, forming part of Tatu City’s expanding master-planned …

The Kenya Revenue Authority (KRA) has notified users of a planned interruption to its Integrated Customs Management System (iCMS) on Sunday, October 12, 2025, to allow for scheduled maintenance. In a statement issued on Saturday, KRA said the system will be unavailable from 6:00 a.m. to 2:00 p.m., affecting both …

The Agriculture and Food Authority (AFA) has announced a temporary suspension of avocado harvesting for sea exports starting Monday, October 20, 2025, marking the end of the 2025/2026 export season. In a statement signed by AFA Director General Dr. Bruno Linyiru, the decision follows a nationwide assessment that found the …

The global energy industry remains heavily dominated by Saudi Aramco, the Saudi Arabian state-owned oil giant, which continues to hold the top position as the world’s most valuable oil and gas company. As of August 6, 2025, Saudi Aramco’s market capitalisation stood at a staggering $1.565 trillion, more than three …

The Privatization Commission has officially announced the government’s plan to sell its 65 percent stake in the Kenya Pipeline Company (KPC), marking a major step in Kenya’s ongoing privatization drive. The sale follows approvals from the Cabinet, National Treasury, and National Assembly, as part of efforts to raise revenue and …

Safaricom has significantly expanded its 5G network, increasing coverage by 111.7 percent to reach 1,700 sites in the 2025 financial year, up from 803 the previous year. The milestone, detailed in the company’s 2025 Sustainable Business Report, highlights Safaricom’s push toward next-generation connectivity and efforts to future-proof its network. Click …