Markets
New Developments in KNTC Edible Oil Fraud Investigation
Investigations into the alleged loss of over Sh6.5 billion in the edible oil fraud at the Kenya National Trading Corporation...
Government Disburses Sh4.95B to Coffee Farmers
The government has distributed Sh4.95 billion to over 365,000 coffee farmers across 26 counties through the Cherry Advance Revolving Fund...
KICC and Kenya Airways Partner to Boost Kenya’s MICE Industry
The Kenyatta International Convention Centre (KICC) and Kenya Airways (KQ) have announced a strategic partnership aimed at enhancing Kenya’s status...
Safaricom Explores Partnership with Elon Musk’s Starlink
Kenya’s top telecommunications provider, Safaricom, is exploring a partnership with Elon Musk's satellite internet company, Starlink. Safaricom CEO Peter Ndegwa...
Kenya Focuses on Boosting MICE Industry
Kenya aims to strengthen its position in the global Meetings, Incentives, Conferences, and Exhibitions (MICE) industry. The Kenyatta International Convention...
MPs Reject Mung Bean Bill
Members of Parliament have rejected the Mung Bean Bill, 2022, which sought to introduce a new levy on mung beans...
Chris Diaz Stresses Private Sector’s Role in Africa at UNGA
Adili Group Executive Chairman Chris Diaz participated in key discussions at the 79th United Nations General Assembly (UNGA) in New...
Nike CEO John Donahoe to Retire, Elliott Hill Set to Succeed
Nike's CEO will step down next month, paving the way for a seasoned company veteran to lead the world’s largest...
Safaricom Lowers Minimum M-Pesa Purchase to Sh1, Adds Fee for Reverse Calls
Safaricom has announced a reduction in the minimum amount for M-Pesa purchases, lowering it from Sh5 to Sh1. This change...
Amazon Ends Hybrid Work, Mandates Full-Time Office Presence
Amazon will require employees to return to the office full-time starting in January, ending its hybrid work arrangement. In a...
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