Economy

President William Ruto has revealed that the Kenya Pipeline Company (KPC) will soon be listed on the Nairobi Securities Exchange (NSE), pending Cabinet and Parliamentary approvals. Click here to join our WhatsApp Channel Speaking during a bell-ringing ceremony at the NSE to celebrate the listing of the Linzi 003 Infrastructure …

Energy Cabinet Secretary Opiyo Wandayi has assured Kenyans that fuel prices are expected to decline in the near future, describing the recent hike as a temporary setback. Click here to join our WhatsApp Channel Appearing before the National Assembly’s Energy Committee, Wandayi stated, “The recent rise in fuel prices was …

Retailers in Kenya are attributing the low uptake of insurance in the sector to high premiums and limited profit margins. Retail Trade Association of Kenya (RETRAK) CEO Wambui Mbarire told Capital FM that while large retailers can afford insurance, many informal traders struggle to meet basic requirements like operating from …

Auron Energy E&P Limited, a company linked to Gulf Energy in Kenya, is set to acquire Tullow Oil’s Kenyan operations following the signing of a sale and purchase agreement. Click here to join our WhatsApp Channel The agreement, signed with Tullow Overseas Holdings BV — the parent company of Tullow’s …

Diamond Trust Bank Kenya (DTB) has announced a reduction in its base lending rate for loans issued in Kenyan shillings, lowering it from 14.41% to 14.21% annually, effective July 1, 2025. Click here to join our WhatsApp Channel The adjustment follows the Central Bank of Kenya’s (CBK) recent monetary policy …

The government has reconsidered its directive requiring coffee farmers to receive payments directly through bank or mobile money accounts, amid fears that the move could disrupt the coffee industry. The policy, introduced in 2023 by Co-operatives Cabinet Secretary Wycliffe Oparanya, aimed to speed up payments by cutting out delays and …

Naivas Supermarket is marking 35 years of business in Kenya by reaffirming its commitment to expansion and long-term sustainability. The retailer attributes its steady growth to a disciplined business approach and strong partnerships with suppliers over the years. Click here to join our WhatsApp Channel Joseph Pertton, Naivas Head of …

The Agriculture and Food Authority (AFA) has issued a directive banning the export and transit of raw, unprocessed macadamia nuts—both wet and dry—through Kenya. Click here to join our WhatsApp Channel In an official statement, AFA Director General Dr. Bruno Linyiru revealed that multiple shipments of raw macadamia nuts, allegedly …

Kenya Airways has announced the return of one of its previously grounded Dreamliner aircraft, a move set to significantly ease the airline’s fleet capacity constraints experienced since late 2024. Click here to join our WhatsApp Channel Group Managing Director and CEO Allan Kilavuka revealed that the aircraft will resume service …

The Kenya Revenue Authority (KRA) has outperformed its revenue collection goal by Sh16 billion, recording Sh2.571 trillion in total collections for the 2024/2025 financial year. Click here to join our WhatsApp Channel This marks a 6.8% increase from the Sh2.407 trillion collected in the previous fiscal year, despite economic headwinds …