Category: Business


  • Inverstors smile as Safaricom NSE stock rebounds to highest level in 52 weeks

    Peter Ndegwa. PHOTO/COURTESY Safaricom PLC’s share price touched Sh31.00 on Thursday, setting a new 52-week high and extending a recovery that has more than doubled its market value in less than a year. The stock had slumped to Sh14.10 on November 27, 2024, before staging the dramatic rebound. Data from the Nairobi Securities Exchange (NSE)…

  • Safaricom PLC stock rebounds to Sh31 on NSE, its highest level in 52 weeks

    Peter Ndegwa. PHOTO/COURTESY Safaricom PLC’s share price touched Sh31.00 on Thursday, setting a new 52-week high and extending a recovery that has more than doubled its market value in less than a year. The stock had slumped to Sh14.10 on November 27, 2024, before staging the dramatic rebound. Data from the Nairobi Securities Exchange (NSE)…

  • Investors smile as Safaricom NSE stock rebounds to highest level in 52 weeks

    Peter Ndegwa. PHOTO/COURTESY Safaricom PLC’s share price touched Sh31.00 on Thursday, setting a new 52-week high and extending a recovery that has more than doubled its market value in less than a year. The stock had slumped to Sh14.10 on November 27, 2024, before staging the dramatic rebound. Data from the Nairobi Securities Exchange (NSE)…

  • How global tax reforms are reshaping Kenya’s economy

    Tax documents on a table. Image used for representation only. PHOTO/Pexels Kenya’s fiscal policy in 2025 is being reshaped by the winds of global tax reforms – likely to influence the country’s economic strategies. The last week of 2024 saw Kenya adopt two significant tax policies that transformed the country’s international tax landscape at the…

  • Ruto: Hustler Fund has created new credit system for 26M Kenyans

    President William Ruto engaging with the Kenya Private Sector Alliance (KEPSA): PHOTO/ @GovLeeKinyanjui/X President William Ruto has said that the Hustler Fund has not only bridged market failures but also laid the foundation for a revolutionary credit system that is now benefiting 26 million Kenyans. Speaking on Wednesday, August 6, 2025, during a presidential roundtable…

  • US trade gap widens more than expected on goods imports surge

    The US trade deficit expanded more than expected in July, government data showed Thursday, on a surge in imports analysts expect was driven by a rush to beat another wave of President Donald Trump’s tariffs. CHECK OUT: Don’t let unemployment hold you back. Start your digital marketing journey today. The overall US trade deficit jumped…

  • Kenya’s Public Debt Inches Toward KSh 12 Trillion as William Ruto Continues with Borrowing Spree

    CHECK OUT: How to Start Earning with Copywriting in Just 7 Days – Even if You’re a Complete Beginner .ke journalist Japhet Ruto has over eight years of experience in financial, business, and technology reporting, offering profound insights into Kenyan and global economic trends. Kenya’s public debt has increased by KSh 299.12 billion in a…

  • American Professional Forex Trader Appears Unconvinced by Kenyan Traders Celebrating Supposed Profit

    CHECK OUT: Kenyan forex traders have drawn attention for their lavish lifestyles, prompting public curiosity about how they earn their wealth. Max Anthony shared a video of Kenyan Prince and his friends. Photos: Kenyan Prince and Max Anthony. Source: Instagram Recently, several comedians have targeted these flashy influencers, poking fun at their claims of fortune…

  • Kenya’s Money Market Funds Surge as Investors Seek Shelter from Inflation and High Rates

    With benchmark interest rates at 13.5% and inflation hovering at 6.8%, Kenyan investors are flocking to money market funds (MMFs) as a safe haven. Fresh data from the Capital Markets Authority (CMA) for September 2025 highlights just how rapidly the sector is expanding. In August, the Central Bank of Kenya raised its policy rate by…

  • ‘Githeri Man’ Asks Kenyans to Help Him Buy a Car

    Martin Kamotho, popularly known as Githeri Man, became an internet sensation during the 2017 general elections when he was photographed eating githeri while standing in a voting queue. The image quickly went viral, turning him into a household name across Kenya. His newfound fame came with promises of life-changing opportunities. Former President Uhuru Kenyatta even…