President William Ruto at a past event The report, published on Tuesday, September 2, 2025, indicates that the funds were used to produce certificates, invitation cards, parking permits, and other office materials. On average, this translated to about Ksh 68 million per month, or Ksh 2.2 million every day. Nyakang’o noted in her findings that…
Li Hua, who is Futu’s chairman and CEO, derives his wealth from a stake in the Nasdaq listed company. Image by Leaf Li on LinkedIn Li Hua, the founder of Chinese online brokerage Futu Holdings, has more than tripled his net worth to an estimated $9.6 billion, a testament to the company’s successful pivot following a…
The prices of white wheat flour and onion bulbs rose by 0.9%. Kenya’s monthly inflation rate rose steeply to 4.5% in August compared to 4.1% in July, edged up by a rise in the price of food and transport, the biggest items in the average household’s consumer basket. According to data from the Kenya National…
Japanese model and creative director Hikari Mori will host the programme. This September sees the debut of a brand-new CNN series, Seasons, delving into the shifting trends that are shaping global culture across fashion, travel, food, technology, design and art. Focusing on the world’s most desired products and experiences, Seasons goes behind the brands to…
Single Kiasi becomes the longest Kenyan original since the African streamer’s entry into the market. In the shimmering landscape of Nairobi’s high society, the city’s most beloved trio of single women are set to make their dramatic return. Showmax has officially announced the fourth season of its celebrated hit series, Single Kiasi, and if the…
Picture by WHO The Global Leaders Network (GLN), a South-led health diplomacy initiative, is launching a new webinar series to tackle a looming health financing crisis. The series, titled “Domestic Resource Mobilisation in Action,” will convene global leaders and health experts to strategize on new ways to fund health programs for women, children, and adolescents…
Outside Central Bank of Kenya (CBK) headquarters in Nairobi. The banking industry has welcomed the Central Bank of Kenya’s (CBK) move to introduce a new loan pricing formula for variable-interest loans, saying the changes will boost access to credit and strengthen transparency in the sector. The revised framework, announced by CBK on August 26, 2025,…
KNNCI and KPDA officials during the MoU signing Kenya’s affordable housing drive is taking a new turn as property developers call for stronger estate management to safeguard investments and improve the lives of residents. The Kenya Property Developers Association (KPDA) says the success of the government-backed programme will depend not only on building houses but…
Chloe Malle Chloe Malle is the new U.S. editorial director for Vogue magazine. She takes the reins from Anna Wintour, who ceded her role leading the the American edition of Vogue in June. Malle starts in the new role immediately. Wintour, who has led Vogue since 1988, remains global editorial director for Vogue, overseeing all of the publication’s global…
The all share index was introduced in 2008. The Nairobi Securities Exchange All Share Index (NASI), which measures the market’s overall capitalization, rose 2.83 points at the close of trading on Wednesday, climbing to a new all-time high of 178.04, an annual gain of 44.2%. This is a market cap weighted index consisting of all…