Category: Economy&Finance
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NEW YORK CITY, 22 September 2025: The Kenyan Wall Street, the flagship publication of Wall Street Africa Group, will host an exclusive Bullish Kenya event in New York, USA, on Thursday, 25th September 2025 on the sidelines of the United Nations General Assembly (UNGA). This year’s Bullish Kenya is a highly-exclusive gathering of 80 top decision makers in the business and…
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Kenya has emerged among winners in a Common Market for Eastern and Southern Africa (COMESA) Competition Commission investigation that forced ride-hailing giant Uber to revise its terms of service. “Restricting the governing law to the Laws of the Netherlands had the effect of limiting the application of the domestic laws,” the Commission said. “The resulting judgment in…
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The Kenya Electricity Transmission Company Limited (KETRACO) has dismissed its Managing Director and Chief Executive Officer, Dr. Eng. John Muoki Mativo, and appointed Eng. Kipkemoi Kibias as Acting MD/CEO effective September 19, 2025. A formal Board statement thanked Dr. Mativo for his service but did not disclose the reasons for his removal. Media reports suggested…
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Late last week, a cryptocurrency scheme briefly hijacked the verified X (formerly Twitter) account of former prime minister, Raila Odinga, underscoring the growing role of generative artificial intelligence in financial fraud across Africa. Odinga appeared to say in the post: “We are pleased to announce that the [Kenya] token will soon launch. Kenya is stepping…
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Kenya’s forty seven county governments received their first equitable share transfers of the 2025/26 fiscal year in August, after going without any disbursements in July. Smaller devolved units such as Lamu, Tharaka-Nithi, and Elgeyo Marakwet each received less than KSh 500 million. County Allocation (KSh Bn) August Release (KSh Bn) % of Annual Allocation Baringo…
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Dr. S.K. Macharia (far right) with new Directline Insurance officials. The Chairman of Royal Media Services (RMS) and the majority shareholder of the Directline Insurance Company, Dr. S.K. Macharia, has appointed new officers to manage operations at the Directline company. Speaking when he took over the leadership of the company at its headquarters in Anniversary…
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Over 300 exhibitors from various sectors of the economy, including international participants from China, India, Ghana, Tanzania, South Africa, Canada and Nigeria to feature in the 2025 Nairobi International Trade Fair Edeth Onzere, the A.S.K National Chairperson has officially invited members of the public to attend this year’s Nairobi International Fair, which will be an inclusive platform…
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Nation Centre on Kimathi Street, Nairobi. (Photo: Courtesy) NPRT Holdings Africa Ltd has formally received approval from the Capital Markets Authority (CMA) to acquire the controlling stake in Nation Media Group (NMG) from its parent, the Aga Khan Fund for Economic Development (AKFED). The regulatory body granted NPRT a full exemption from the obligation to…
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Nairobi Governor Jonstone Sakaja According to the Controller of Budget report Nairobi City County has once again stamped its dominance in own-source revenue collection, leading all counties with Kshs.13.52 billion in the 2024/25 financial year, according to the Controller of Budget report. The capital was followed by Narok County at Kshs.5.67 billion, Mombasa at Kshs.5.13…
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Kenya will takeover rotating chairmanship of COMESA from Burundi as it looks to push for digitisation to address trade barriers. During the 2025 Common Market for Eastern and Southern Africa (COMESA) Summit slated for next month in Nairobi, the 21 member state trade bloc will commit to leverage technology to enhance trade competitiveness, deepen regional…