Business
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...
Safaricom Blames Kenya Power and Network Strain for Increased Call Drops
Safaricom has attributed the rise in dropped calls to issues with Kenya Power and increased pressure on its network infrastructure....
KRA Collects Sh43.9 Billion from Tax Amnesty Program
The Kenya Revenue Authority (KRA) has reported that its tax amnesty program, which concluded on June 30, successfully raised Sh43.9...
Adani Proposes $1.85 Billion Upgrade for Nairobi’s JKIA
Indian infrastructure firm Adani Airports Holdings has proposed a comprehensive $1.85 billion (Sh240 billion) overhaul of Jomo Kenyatta International Airport...
Coca-Cola’s Shift to Cash Rewards Reflects Economic Realities
Coca-Cola's decision to transition from vouchers and holiday trips to cash rewards stems from the challenging economic landscape, the company...
Kenya Power Launches Sh1.85 Billion Phase V of Last Mile Connectivity Project
Kenya Power has initiated Phase V of the Last Mile Connectivity Project, backed by a Sh1.85 billion grant from the...
Kim-Fay East Africa Secures Sh2.62 Billion for Expansion with Norfund and I&M Bank
Kim-Fay East Africa, a leading manufacturer and distributor of hygiene, tissue, and home care products, has secured debt financing from...
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