Economy

CBK to Raise Sh40 Billion Through Long-Term Bonds for Gov’t Budget Support

The Central Bank of Kenya (CBK) is looking to raise Sh40 billion from investors to support government spending through the reopening of 15-year and 25-year Treasury bonds. These fixed-coupon bonds were previously issued and remain active in the market, now available to new investors. “Central Bank of Kenya, acting as …

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Google Targets Kenyan Students With Advanced AI Learning Platform

Google has launched its Gemini Pro Plan (Google AI Pro) in Kenya, a new initiative designed to provide university and college students with cutting-edge artificial intelligence tools to enhance digital learning and research in higher education. According to the tech giant, the rollout aims to equip learners with hands-on AI …

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Pastoralists to Access Sh2.5 Billion Livestock Financing Through New Partnership

Pastoralists and livestock traders are set to benefit from a Sh2.5 billion financing deal following a new partnership between Avenews, the Kenya Meat Commission (KMC), and the Kenya Livestock Marketing Council (KLMC). The initiative aims to provide flexible, trade-based capital to strengthen Kenya’s livestock value chain. The agreement, signed by …

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KRA to Fully Automate Bank Guarantees Through iCMS Starting December 1

The Kenya Revenue Authority (KRA) has announced that, beginning December 1, 2025, all bank guarantees related to customs operations will be processed and managed exclusively via the Integrated Customs Management System (iCMS). Click here to join our WhatsApp Channel In a public notice signed by the Commissioner for Customs and …

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British Firm Discovers Gold Worth Sh683 Billion in Kakamega

A British mining company, Shanta Gold Limited, has announced the discovery of one of Kenya’s largest gold deposits — an estimated Sh683 billion worth of the precious metal in Kakamega County. According to the firm, about 337 acres of land will be required for the mining project, most of which …

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Goodbye Traffic! Kiambu Road Set for Dual Carriageway

The government has approved the expansion of the 23.5-kilometre Muthaiga–Kiambu–Ndumberi Road into a dual carriageway in a move aimed at decongesting the busy Kiambu Road corridor. According to a statement from State House, the upgraded highway will feature additional lanes, bypasses, loops, and access roads to improve traffic flow and …

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94% of Kenyans Say Online Cabs Are Safer Than Matatus

A new Ipsos Safety Index commissioned by Bolt reveals that 94 percent of Kenyans perceive ride-hailing services as safer than conventional transport modes like matatus and traditional taxis — signaling a strong public shift toward tech-based mobility solutions. Click here to join our WhatsApp Channel The survey, which engaged 250 …

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Swedish-Kenyan EV Company Roam Launches Share sale to Private Investors

Swedish-Kenyan electric vehicle (EV) manufacturer Roam has opened its latest funding round to private investors for the first time, enabling individuals to purchase company shares via a crowdfunding campaign on Crowdcube, Europe’s largest equity crowdfunding platform. This initiative is part of Roam’s Pre-Series B round, previously reserved for institutional investors, …

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Liquid Telecom Fined Sh700,000 for Violating data Privacy Laws

The Office of the Data Protection Commissioner (ODPC) has ordered Liquid Telecommunications Kenya Ltd to pay Sh700,000 to a complainant for unlawfully handling personal data without consent — one of the latest penalties under Kenya’s Data Protection Act, 2019. Click here to join our WhatsApp Channel In its ruling, the …

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KQ Partners With Aga Khan Hospital to Boost Africa’s Medical Tourism

Kenya Airways (KQ) has teamed up with Aga Khan University Hospital (AKUH) to promote medical tourism in Africa, aiming to establish Kenya as a top destination for high-quality healthcare on the continent. The partnership, facilitated through KQ Health, the airline’s healthcare division, combines KQ’s regional flight network with AKUH’s advanced …

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