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,…
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…
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…
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…
President William Ruto at State House receiving letters of credence from newly appointed ambassadors. PHOTO/@WilliamsRuto/X The event marked the official start of their diplomatic missions in Kenya, with President Ruto describing it as the beginning of a new chapter in strengthening relations with their respective countries. “We value the strong friendships that we share with…
Safaricom Chapa Dimba alll stars players. The Safaricom Chapa Dimba All-Stars team is set to leave Nairobi on Saturday evening, September 6, for an international training camp in Spain that is expected to elevate the careers of some of Kenya’s most promising young footballers. The squad is made up of 25 outstanding players who will…
Delegates attending Fairtrade Africa’s 20th anniversary in Nairobi, Kenya Fairtrade Africa is celebrating two decades of work with smallholder farmers and workers across Africa and the Middle East, marking the anniversary with a pledge to deepen its focus on sustainability, youth empowerment, and women’s leadership. Since its formation in 2005, the independent non-profit umbrella organisation…
The signing highlights the Premier League’s soaring spending levels, underscoring another big-money move in what has already been a blockbuster transfer window. Image by Andy Buchanan / AFP Alexander Isak has completed a record-breaking transfer to Liverpool, with the English Premier League club paying Newcastle United a British-record £125 million ($170 million) for the Swedish…
For the past year, tennis has been dominated by the on-court battle between 24-year-old Jannik Sinner of Italy and 22-year-old Carlos Alcaraz of Spain. Image by SARAH STIER / GETTY IMAGES NORTH AMERICA / Getty Images via AFP Carlos Alcaraz and Jannik Sinner are at the forefront of a financial transformation in professional tennis, leading…
The average price across all grades rose to $410 per 50kg bag. The Nairobi Coffee Exchange (NSE) weekly auction recorded sales of 14,319 bags, weighing 885,991 kilograms, totalling US$ 7,273,699 (Ksh 938 million), a 45% increase compared to activity at the previous auction. Out of these, only the top five dealers handled 12,456 bags, about…