Latest
Russian Strikes Leave 600,000 Without Power in Ukraine, Zelensky ReportsMwakilishi News Bulletin - Evening Edition, Thursday 15 October 2026Houthi missile attack on Yemeni presidential palace kills two, minister saysOburu Pays Heartfelt Tribute to Raila as He Marks Birthday on Day Brother DiedChaos in Bondo as Rival ODM Factions Turn Raila’s Memorial into a Political ShowdownUnion Threatens Disruption of KCSE Exams Just Days Before StartTrendingKenyan-American Business Owner Sentenced to Over 4 Years in Prison for $1.5 Million Employment Tax FraudTrendingNumber of Kenyans Gaining Canadian Permanent Residence Rises by 51% in Seven MonthsTrendingRwanda Secures 10-Year Deal to Host Africa's First F1 Race Since 1993TrendingUSCIS Denies 35,767 Green Card Applicants’ Work Permits as Rejection Rate Hits 44%TrendingKenyan Diaspora in Britain Mourns James Mwangi After Sudden Death in DerbyTrendingNewsmax Presenter Apologises After Saying American Cities Are Starting to Look Like Nairobi, Not New York
AdvertisementTop banner · 970×90 / 728×90

Business

Wall Street Giant JPMorgan Chase to Join Kenya's Banking Sector
Business

Wall Street Giant JPMorgan Chase to Join Kenya's Banking Sector

JPMorgan Chase, one of the world's largest American banking conglomerates, has finally received approval to establish a representative office in Kenya. This comes nearly 12 years after initially announcing its intenti…

Oct 14, 2024
Adani Secures Sh95.7bn Contract to Manage Kenya's Power Grid for 30 Years
Business

Adani Secures Sh95.7bn Contract to Manage Kenya's Power Grid for 30 Years

Kenya's national electricity infrastructure is set to undergo a major transformation following the signing of a Project Agreement between the Kenya Electricity Transmission Company Limited (Ketraco) and Adani Energy S…

Oct 11, 2024
All Digital Payment Systems Including M-Pesa to Become Virtual ETRs
Business

All Digital Payment Systems Including M-Pesa to Become Virtual ETRs

President William Ruto's senior economic advisor Moses Kuria has provided clarification on his recent comments regarding the conversion of mobile payment systems into Electronic Tax Receipts (ETRs) by December. Initia…

Oct 11, 2024
Malindi Airport Set for Sh5.5bn Revamp in Kenya-Italy Tourism Initiative
Business

Malindi Airport Set for Sh5.5bn Revamp in Kenya-Italy Tourism Initiative

The Italian ambassador Roberto Natali recently met with Kenya's Transport and Roads Minister Davis Chirchir and Deputy Minister Mohamed Daghar in Nairobi. The high-level dialogue focused on the development of Malindi…

Oct 10, 2024
Why Kenya Could Stop Exporting Coffee to the EU by December 2024
Business

Why Kenya Could Stop Exporting Coffee to the EU by December 2024

Kenya is racing against time to comply with the European Union's new regulations aimed at curbing deforestation and forest degradation linked to imported products, including coffee. The Kenyan government has announced…

Oct 9, 2024
AdvertisementIn-feed ad
From 3D to 2D: How Hackers Exploited Equity Bank's Security Flaws to Loot Sh322 Million
Business

From 3D to 2D: How Hackers Exploited Equity Bank's Security Flaws to Loot Sh322 Million

Equity Bank fell victim to a sophisticated cyber heist between April and July 2023, resulting in a loss of Sh322.1 million. The incident, which came to light during a detailed investigation by detectives, revealed a c…

Oct 5, 2024
Government Considers M-Pesa Deductions as Hustler Fund Struggles with Loan Recovery
Business

Government Considers M-Pesa Deductions as Hustler Fund Struggles with Loan Recovery

The Hustler Fund, officially known as the Financial Inclusion Fund, is grappling with significant challenges in loan recovery. Acting CEO Elizabeth Nkukuu has informed Members of Parliament that the fund has reached a…

Oct 2, 2024
Shilling Maintains Position Against Weakening Dollar
Business

Shilling Maintains Position Against Weakening Dollar

The Kenyan shilling demonstrated remarkable stability in September, maintaining a consistent exchange rate of Sh129.19 against the US dollar. This steadiness defied expectations of appreciation following the US Federa…

Oct 1, 2024
MPs to Vote on Bill Separating M-Pesa from Safaricom's Core Business
Business

MPs to Vote on Bill Separating M-Pesa from Safaricom's Core Business

The Kenya Information and Communications (Amendment) Bill, 2022 has entered its second reading in Parliament, reigniting efforts to separate mobile money services from telecommunications operations. This legislative p…

Sep 28, 2024
Starlink Launches 'Mini' Option in Kenya, Slashing Hardware Costs
Business

Starlink Launches 'Mini' Option in Kenya, Slashing Hardware Costs

American satellite internet company Starlink has expanded its offerings in Kenya with the introduction of a more affordable and portable option called 'Starlink Mini'. This new package launched globally on June 21, is…

Sep 27, 2024
Kenyan Shilling Gains Ground Against US Dollar Amid Strong Demand
Business

Kenyan Shilling Gains Ground Against US Dollar Amid Strong Demand

The Kenyan Shilling has demonstrated remarkable resilience against the US Dollar, experiencing a notable strengthening on Wednesday driven by increased demand from companies for the local currency. This surge in deman…

Sep 26, 2024
UN Honours Kenyan Innovator for Revolutionary Farming Practices in New York Ceremony
Business

UN Honours Kenyan Innovator for Revolutionary Farming Practices in New York Ceremony

A Kenyan farm manager was honoured on Wednesday at the United Nations General Assembly (UNGA) in the USA for leading the best innovative and sustainable agricultural practices. Kevin Getobai, the manager of Ololo Farm…

Sep 25, 2024
AdvertisementIn-feed ad
Ruto Explains Decision to Welcome Starlink into Kenyan Telecom Sector
Business

Ruto Explains Decision to Welcome Starlink into Kenyan Telecom Sector

President Ruto has defended allowing Elon Musk's Starlink satellite internet company to enter the Kenyan market. At the Kenya Business and Investment Roundtable in New York, President Ruto emphasized that Starlink's i…

Sep 25, 2024
Kenya and Singapore Ink Landmark Double Taxation Agreement
Business

Kenya and Singapore Ink Landmark Double Taxation Agreement

Kenya has made a notable stride in its international economic relations by finalizing a Double Taxation Agreement (DTA) with Singapore. This accord, reached during the United Nations General Assembly, marks Singapore…

Sep 24, 2024
Mombasa Embraces Electric Tuk-Tuks for Green Revolution
Business

Mombasa Embraces Electric Tuk-Tuks for Green Revolution

The transition to electric tuk-tuks in Mombasa is gaining momentum, heralding a green revolution in the city's transportation sector. Stakeholders are urging the county government to create an enabling environment to…

Sep 23, 2024
Secret Billion-shilling Contracts Shake Ruto's Government
Business

Secret Billion-shilling Contracts Shake Ruto's Government

The Kenyan government has entered into several secret, high-value deals with the Indian conglomerate Adani Group and other entities which have raised concerns among Kenyans. At the centre of the debate is a proposal f…

Sep 16, 2024
Experts Forecast Continued Strengthening of Kenyan Shilling Against US Dollar
Business

Experts Forecast Continued Strengthening of Kenyan Shilling Against US Dollar

Recent reports suggest a promising outlook for the Kenyan shilling against the United States dollar in the coming days. Traders have expressed optimism regarding the forex market with Reuters noting that the shilling…

Sep 13, 2024
Turkish Investor Launches High-End Airport Lounge in Mombasa
Business

Turkish Investor Launches High-End Airport Lounge in Mombasa

A Turkish investor has established a new lounge at the Moi International Airport (MIA) in Mombasa, aiming to capitalize on the increasing number of passengers passing through the airport. The Bosphorus Lounge, spannin…

Sep 10, 2024
Kenyan Activist in France Claims Life Under Threat for Exposing JKIA-Adani Deal
Business

Kenyan Activist in France Claims Life Under Threat for Exposing JKIA-Adani Deal

Kenyan whistleblower Nelson Amenya residing in France has raised concerns regarding his safety following his public disclosure of a controversial deal involving the Indian conglomerate Adani Group and Nairobi's Jomo K…

Sep 9, 2024
Treasury CS John Mbadi Unveils 3-Year Tax Cut Plan to Boost Economy
Business

Treasury CS John Mbadi Unveils 3-Year Tax Cut Plan to Boost Economy

Treasury Cabinet Secretary John Mbadi has unveiled an ambitious plan to reduce taxes over the next three years, aiming to alleviate the financial burden on Kenyan citizens. The plan, which includes lowering the Value…

Sep 9, 2024
‹ NewerOlder stories ›