President William Ruto. PHOTO/@WilliamsRuto/X President William Ruto has handed over a Ksh 2.65 billion cheque to the Kenya Tea Development Agency (KTDA) at State House, Nairobi. In a statement on his X account on Thursday, September 11, the head of state said the funds were deposits previously held by the Kenya Deposit Insurance Company following…

Paratus Kenya officially launches with a ribbon-cutting ceremony Pan-African telecoms provider Paratus Group has completed its expansion into East Africa as it steps up efforts to connect communities and businesses with fast, reliable internet. The company, which operates across sub-Equatorial Africa, has rolled out services in Kenya, Rwanda, Uganda and Tanzania. It is offering internet…

Nairobi leads the way, with growing audiences in Mombasa, Nakuru, Thika, and Kilifi. More and more Kenyans are turning to audio and video podcasts, a niche content platform, for entertainment, news and updates. This trend has attracted the attention of creatives and fast-moving consumer brands, all eager to get the attention of this shifting audience,…

Kenya has been keen to resume negotiations with the Trump administration on a bilateral FTA. Kenya faces a blockage of duty-free access to the US market, the world’s largest consumer market, if the 25-year old African Growth and Opportunity Act (AGOA) agreement is not renewed. The deal expires on 30th September  2025 and the clock…

The Kenya Financial Sector Stability Report, 2025, was published by CBK. Under the blind eye of two regulatory bodies, assets and cash deposits held at Kenya Union of Savings and Credit Cooperative Society (KUSCCO) Limited were carted away, leaving behind a trail of losses to SACCOs, insurance companies, capital market and real estate firms that…

UBA Kenya, a subsidiary of the UBA Group, is providing a bridge facility that positions it among the largest financiers of the deal. United Bank for Africa (UBA) has committed $150 million, about Ksh 16.38 billion, to Kenya’s Road Maintenance Levy securitisation programme, giving a major boost to the government’s plan to accelerate road development.…

BasiGo CEO, Jit Bhattacharya (left) and Lee Kinyanjui Cabinet Secretary for investments, Trade and Industry flag off one of the locally assembled BasiGo buses under the King Long brand. This has been enabled through a partnership between Kenya Vehicle Manufacturers (KVM) to enable the rollout of these vehicles in Kenya. Kenya Vehicle Manufacturers (KVM) has…

Bolt pointed to the growing demand for ride-hailing services in Kenya. Bolt has announced that its top 50 drivers in Kenya earned an average of K 1,280,000 in gross income over the first six months of 2025. This translates to about Ksh 213,000 per month, a figure that is significantly higher than many white-collar jobs…

Raimond Molenje, CEO, Kenya Bankers Association Kenya’s small and medium enterprises will be under the spotlight next week as bankers, regulators and policymakers meet to chart a path for better financing models. The Kenya Bankers Association (KBA) will bring together local and international experts in Nairobi on September 18 and 19 for its 14th Annual…

Man holding fuel pump at a filling station Kenya could be staring at higher fuel prices in the coming weeks as global crude oil costs edge upward. The Central Bank of Kenya (CBK), in its weekly bulletin dated September 12, 2025, confirmed that international oil prices have climbed ahead of the Energy and Petroleum Regulatory…