Business
High Court Declares Safaricom Share Sale to Vodacom Illegal and Unconstitutional
The High Court has declared the government’s sale of a 15 per cent stake in Safaricom PLC unconstitutional, illegal and void, ordering that the shares be returned to State ownership.A three-judge bench comprising Just…
Finance Should Work Around How Customers Actually Earn, says Watu Kenya's Damien Gueroult
In the evolving landscape of financial services in Kenya, Watu Kenya's Country Manager, Damien Gueroult, emphasizes the importance of understanding the unique earning patterns of customers outside traditional banking…
Kenya Rebuilds The Cotton Chain From Field To Fabric
Kenya is witnessing a revival of its cotton industry as farmers in coastal regions are returning to cotton cultivation. This resurgence is being bolstered by the establishment of a new ginnery, along with efforts to r…
Africa's Factories Transform into Self-Sufficient Power Stations Amid Energy Challenges
Africa's industrial landscape is witnessing a significant transformation as factories increasingly become self-reliant power producers. This shift is in response to persistent energy challenges that have historically…
MKU's Walker E Humanoid Robot Makes Historic TV Debut in Kenya
The Walker E humanoid robot developed by Mount Kenya University (MKU) made its television debut in Kenya, showcasing the institution's advancements in technology and innovation. The unveiling of this robot marks a sig…
Zimbabwean Tycoon Chivayo Says $200m Kenya Investment Is Finally Taking Shape After Ruto Meeting
Zimbabwean businessman Wicknell Chivayo's ambitious US$200 million investment plan in Kenya is moving forward, marking an important development in cross-national economic relations between African nations. The progres…
Innovative AI Tool Developed to Identify Mental Health Crises in Social Media Posts
A Kenyan data scientist has developed an artificial intelligence (AI) tool aimed at detecting hidden mental health crises in social media posts. This innovative technology is designed to analyze user-generated content…
Centum taps insider as Mworia exits after nearly two decades
Centum Investment Company PLC, a prominent Kenyan investment firm, has announced the appointment of Thomas Omondi-Achola as its acting group CEO. This strategic transition comes in the wake of the departure of long-se…
Kenya Partners with UN Agency to Accelerate Nuclear Plant Development by 2034
Kenya has announced plans to collaborate with a United Nations agency to expedite the establishment of its first nuclear power plant, aiming for completion by 2034. This initiative represents a significant advancement…
Dangote Refinery Sets IPO Price At $0.40 Per Share After SEC Approval
The Dangote Petroleum Refinery, a key player in Nigeria's oil industry, has taken a significant step towards public ownership with the announcement of its initial public offering (IPO) price. Approval from Nigeria's S…
Thousands of Kenyan Jobs Saved as Trump Extends Agoa to 2028
US President Donald Trump has approved a two-year extension of the African Growth and Opportunity Act (Agoa), securing duty-free access to the American market for Kenya’s textile and apparel exporters until the end of…
Ghana tightens gold exports in push to keep more value at home
In a significant move to bolster its domestic gold industry, Ghana has introduced tighter regulations on its gold exports. This initiative is part of a broader strategy to enhance the country's capacity to benefit fro…
Kenya: Why I Ordered Tata Chemicals Out of Kenya - Ruto
In a significant move affecting Kenya's industrial landscape, President William Ruto has mandated the expulsion of Tata Chemicals from the country. This directive stems from accusations against the Indian-owned corpor…
Kenya's Cotton Leftovers Are Finding New Value
In a move that could reshape the economic landscape for numerous Kenyan farmers and entrepreneurs, discarded cotton stalks, gin waste, and textile offcuts are being repurposed into economically viable products. This e…
Africa: The Trade Pact That Could Stitch Africa's Textile Industry Together
The African Continental Free Trade Area (AfCFTA) is gaining momentum as a transformative initiative aimed at revitalizing Africa's textile and clothing industry. This promising trade agreement, coming into effect in 2…
Global Gold Rush Trends Spark New Opportunities and Challenges for Developing Nations
The recent discovery of a $200 gold nugget by a goat herder in West Pokot county has triggered a gold rush in western Kenya, drawing prospectors from across the country and beyond. The find highlights the broader glob…
Kenya Airways Records Ksh16.1 Billion Loss
Kenya Airways’ net loss widened to Ksh16.1 billion in the first half of 2026, from Ksh12.2 billion a year earlier, as higher fuel, maintenance and operating costs outweighed an increase in revenue.The national carrier…
Gold Rush Fever Grips Western Kenya Following Goat Herder's Fortuitous Find
A sudden surge of prospectors has descended upon Kenya's West Pokot County following the discovery of a $200 gold nugget by a local goat herder. The unexpected find has ignited a feverish gold rush, drawing individual…
Nairobi's Construction Surge Reflects Broader Economic Momentum
The construction sector in Nairobi is experiencing a significant boom, with building project approvals in the capital soaring by KSh18.24 billion to reach KSh84 billion in the first five months of 2026. This surge hig…
Nairobi's Building Boom: A Sign of Economic Recovery and Global Investment Interest
The construction sector in Nairobi, Kenya, has experienced a significant surge, with building project approvals increasing by KSh18.24 billion to reach KSh84 billion in the first five months of 2026. This uptick, repo…