Category: Business
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When Kenya and Japan established diplomatic relations in 1964, the relationship began with a handful of exchanges and goodwill gestures. Today, it is one of the most impactful development partnerships in Africa. Japan is now Kenya’s largest bilateral development partner and the single biggest provider of Official Development Assistance (ODA) to our country, contributing billions…
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Kenya’s 91-day Treasury bill yield dropped below 8 percent on September 1, 2025, marking the first time since June 2022 that short-term government debt has attracted such robust demand. At the same time, the Nairobi Securities Exchange (NSE) All Share Index closed at 176.82 points, even as net foreign outflows hit KSh 1.18 billion. Speaking…
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Mantrac Kenya, the sole authorised dealer representative of Caterpillar in the country, hosted a landmark centennial celebration in Nairobi to mark 100 years of Caterpillar globally and its century-long presence in Kenya. The high-profile event brought together senior government officials, members of the diplomatic corps, Caterpillar executives, Mantrac leadership, customers, partners, and media, underscoring the…
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Agriculture and Livestock Development Cabinet Secretary Mutahi Kagwe wrapped up his tour of the United States with new opportunities for Kenya’s agricultural exports and large-scale investment deals. In talks with United States Africa Trade Desk (USATD) CEO Gavin Van Der Burgh, CS Kagwe secured a pledge to expand the presence of Kenyan agricultural products in…
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Chesang, who chairs the Senate ICT Committee, said involving content creators would both empower young people and expand Kenya’s global digital footprint. “Let us use content creators to talk about government projects, policies, and Konza to Kenyans, especially the youth. By giving them these tasks, we will not only be empowering them but also spreading…
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BasiGo CEO, Jit Bhattacharya (left) and Lee Kinyanjui, CS Investments, Trade and Industry flag off one of the locally assembled BasiGo buses under the King Long brand. PHOTO/COURTESY A fresh chapter has opened in Kenya’s automotive sector after Kenya Vehicle Manufacturers (KVM) joined hands with electric mobility company BasiGo to assemble King Long buses locally.…
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L-R, Kanwaljeet Jawa, Shogo Ando and Omori Junichi. PHOTO/COURTESY Daikin Airconditioning India Pvt. Ltd. (DAIPL), the Indian arm of Japan’s Daikin Industries Ltd., has set up a new base in Nairobi, marking its first direct office in East Africa. The office, located on the eighth floor of One Africa Place, will act as both a…
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File image of Kenya Power engineers at work Kenya Power said the outages will affect parts of Nairobi, Machakos, Kisumu, Vihiga, Kiambu, and Kilifi counties. Kenya Power has announced scheduled power interruptions across several parts of the country on Sunday, September 14. In a statement on Saturday, September 13, the company said the outages will…
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File photo of a petrol statation attendant fuelling a car. (Photo: Handout) Kenyans could face higher pump prices as the Central Bank of Kenya reports a rise in international oil prices ahead of the Energy and Petroleum Regulatory Authority (EPRA) September–October review. In its latest weekly bulletin, CBK said the surge is linked to geopolitical…
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In the past six months, Kenyans have demonstrated their growing confidence in the savings and credit co-operative organisations (Saccos) by depositing a tidy Sh36 billion. It is a vote of confidence in these organisations as a reliable source of affordable loans and investment funds. Saccos give better interest rates and also boost members’ earnings with…