Business
Yagnesh Devani to Face Fraud Charges in Triton Oil Scandal
Oil tycoon Yagnesh Devani is set to face fraud charges this morning related to the 2008 Triton oil scandal. After...
CBK Unveils New Banknote Series with Updated Features
The Central Bank of Kenya (CBK) has announced the release of a new series of banknotes, featuring several updates. The...
Kenya Faces Sh1.44 Billion in Fees for Unused Foreign Loans, Auditor General Reports
Kenya paid Sh1.44 billion in commitment fees for foreign loans that have yet to be drawn, according to Auditor General...
Maersk’s New Surcharges Raise Shipping Costs for Kenya
Danish shipping giant Maersk has announced two new surcharges for freight services on major routes, including to Kenya, potentially driving...
Mobius Motors Shuts Down Amidst Financial Struggles
Kenya's first locally manufactured car, the Nyayo Pioneer I, backed by President Daniel Arap Moi, was a symbolic project that...
Yagnesh Devani to Face Fraud Charges in Triton Oil Scandal
Oil tycoon Yagnesh Devani is set to face fraud charges this morning related to the 2008 Triton oil scandal. After...
Kenya Reports Wheat Surplus, Plans Further Imports Amid Market Fluctuations
The June Food and Nutrition Security Report reveals a surplus of 13.4 million 50kg bags of wheat. However, the private...
Maize Prices Drop as Supply Surges: June Report Highlights Market Trends
Maize farmers have witnessed a notable shift in the market, with the national average wholesale price for a 90kg bag...
Karanja Highlights Agriculture Sector Struggles, Plans for Food Security
Agriculture Cabinet Secretary nominee Andrew Karanja has highlighted the sector’s struggles, despite its critical role in Kenya's economy. Speaking before...
Court Rejects Request for Security Deposit in Fidelity Bank Case
A commercial court has rejected a request from shareholders of the defunct Fidelity Commercial Bank (FCB) to compel SBM Holdings...
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