Economy

Following an outage that affected M-PESA services from around 11:00 am on Tuesday, normal functionality has been restored. The disruption was observed on both Safaricom’s M-PESA App and the Sim Toolkit. Banks had alerted customers to possible delays and requested patience until further instructions were provided once the issue was …

Farmers in Nakuru County are hopeful that the ongoing rainfall will contribute to the maturation of their crops, coinciding with stabilized prices of food items. As predicted by the Meteorological department last year, Nakuru County has experienced continuous scattered rains into January, particularly in areas like Elementaita, Kiambogo, and Mastoo, …

Carrefour (CARR.PA) is informing customers that it will no longer carry PepsiCo goods such as Pepsi, Lay’s crisps, and 7up due to increased costs, marking the latest dispute over pricing between retailers and global food corporations. Starting Thursday, Carrefour stores in France will display shelves of PepsiCo (PEP.O) products accompanied …

Nyeri County is set to reveal a Sh500 million agriculture value chain initiative, designed to boost market engagement and target a minimum of 100,000 farmers. The National Agricultural Value Chain Development Project (NAVCDP), funded by the World Bank, is scheduled for launch this month, with Nyeri County committing at least …

In an effort to curb power theft and reduce meter reading costs, Kenya Power has announced a three-year initiative requiring customers in rural areas with postpaid meters to transition to prepaid meters. The company will cease connecting rural customers with postpaid meters as it moves towards implementing smart meters. According …

Commencing January 2024, individuals exploring Kenya’s renowned parks will encounter substantial hikes in entrance fees, following the Kenya Wildlife Service’s (KWS) decision to increase park entry fees. Nairobi National Park, a favorite among both city residents and foreign tourists, will see the most significant fee increase. In tandem, Kenya Railways …

Airtel has expanded its presence in the voice market, surpassing Safaricom in the three months leading up to September 2023, thanks to substantial investments in network infrastructure within the country, as indicated by the latest sector statistics. The first-quarter report for the financial year 2023/24 from the Communications Authority of …

In the third quarter of the year up to September, Kenya’s economy exhibited a robust 5.9% growth, according to the Kenya National Bureau of Statistics (KNBS). This marks an improvement compared to the 4.3% real Gross Domestic Product (GDP) recorded during the same period the previous year. The growth was …

The tourism sector along the coast experienced a significant upswing as the cruise ship MV Bolette, carrying 859 tourists, docked at the port of Mombasa on Thursday morning. This marks the sixth cruise ship to arrive at the port this season and the last one for the current season. A …

A Savings and Credit Cooperative organization for farmers in Kisii County has experienced substantial growth in its core capital, increasing from Sh600 million 12 years ago to Sh1.7 billion at present. Wakenya Pamoja Sacco Society Limited, with a membership exceeding 130,000, primarily consists of coffee and tea farmers in the …