Category: Economy&Finance


  • Co-op Bank Shares Near Nine-Year High as NSE Gains Momentum

    A Co-operative Bank branch in Kenya. [Photo/ Taalamu] Co-operative Bank Group is enjoying one of its strongest runs at the Nairobi Securities Exchange in nearly a decade. Its stock closed at Ksh 20.30 on Friday, just shy of the record Ksh 20.50 it last touched in 2016. That rise means the bank’s shares have gained…

  • Billions at the Click of a Button: How eCitizen is Curbing Corruption and Boosting Revenue in Kenya

    [Photo/Courtesy] When the Kenyan government launched the eCitizen platform in 2014, the promise seemed simple: bring services closer to the people through one digital window. Ten years later, the portal has evolved into the country’s primary revenue collection system, a backbone of transparency, and an unlikely champion in the war against corruption. Figures from the…

  • Akili AI: Kenyan AI company seeks to disrupt, transform Kenyan banking sector

    A local artificial intelligence firm, Akili AI, believes that the Kenyan financial sector is ripe for disruption as the world adapts to cutting-edge technology. The firm believes AI will help Kenyan banks and financial outlets redefine competition, profitability, and customer engagement. Simon Bransfield-Garth, the CEO of Akili AI, a company driving the adoption of artificial…

  • COTU raises alarm over proposed Business Laws Bill, warns of threat to workers’ rights

    COTU Secretary General Francis Atwoli speaks on Citizen TV’s JKLive show on November 27, 2024. The Central Organisation of Trade Unions (COTU-K) has opposed the Business Laws (Amendment) Bill, 2024, stating that the proposed law may jeopardise the hard-won constitutional rights of Kenyan workers, particularly those employed in the digital economy and technology industries. The…

  • Kenya showcases continental trade vision at Algiers summit as IATF 2027 heads to Nigeria

    Kenya demonstrated its commitment to continental integration at the Intra-African Trade Fair (IATF) 2025 in Algiers this week, with senior government officials outlining ambitious infrastructure and policy initiatives designed to boost regional trade under the African Continental Free Trade Area (AfCFTA) framework. Deputy President Kithure Kindiki, leading Kenya’s high-level delegation alongside National Assembly Speaker Moses…

  • Kenya Charts Bold Path for Africa’s Trade Future at Algiers Summit as Nigeria Prepares to Host IATF 2027

    At the heart of North Africa, during the recently concluded Intra-African Trade Fair (IATF) 2025 in Algiers, Kenya emerged not just as a participant but as a visionary. With the theme of African unity through trade resonating across the summit halls, Kenya took center stage, unveiling a bold, pragmatic vision aimed at accelerating intra-continental commerce,…

  • Nairobi Bourse Ranks Among Africa’s Top Performers in Dollar Returns

    In a year marked by global economic uncertainties, inflation shocks, and shifting investor sentiments, the Nairobi Securities Exchange (NSE) has defied expectations, emerging as one of Africa’s best-performing stock markets in dollar terms. According to recent market analytics, the NSE posted the third-highest dollar returns across the continent, signaling a renewed sense of investor confidence…

  • U.S. Sees August Surge in Container Imports, but Trade Uncertainty Clouds Holiday Forecast

    FILE PHOTO: An American flag flutters over a ship and shipping containers at the Port of Los Angeles, in San Pedro California, U.S., May 13, 2025. REUTERS/Mike Blake/File Photo After months of cautious recovery, U.S. container imports saw a notable uptick in August 2025, offering a short-term boost to ports, retailers, and logistics providers. However,…

  • Forbes Publishes List of 19 Wealthiest People in Africa

    Forbes Africa has published its list of the wealthiest persons in Africa for 2023. No Kenyan was named in the latest list, which features 19 billionaires from seven countries including Nigeria, South Africa, Egypt, Algeria, Angola, Zimbabwe, and Morocco. Nigerian industrialist Aliko Dangote retained his position as Africa’s wealthiest man for the 12th consecutive year…

  • TikTok Ad Awards 2025: Celebrating Kenya’s most creative campaigns of the year

    Last Updated on 3 minutes by Agencies for Kenya Online News TikTok is proud to announce the return of the TikTok Ad Awards in the METAP (Middle East, Turkey, Africa, Pakistan and South Asia) region, with this year’s ceremony set to take place in Riyadh, Saudi Arabia in December 2025. The awards celebrate the brands and…