MTN Uganda’s parent offers major discount in $58m shares sale

South Africa’s MTN Group has made a new offer to sell 1.57 billion shares in its…

Microsoft, UAE-based AI firm G42 to invest $1bn in Kenya data center

Microsoft is partnering with UAE-based AI firm G42 to invest $1 billion in a data center in…

Finance Bill 2024 Bad For Kenyans And The Economy – Deloitte

The proposed Finance Bill 2024 has been described as a burden for Kenyans and a setback…

Is Kenya’s Lamu port soon getting a lifeline?

New Ethiopia, Uganda business could hand Lamu port a lifeline. The interest by Ethiopia and Uganda…

Lapsset special economic zone plan off starting blocks

The Lamu Port-South Sudan-Ethiopia (Lapsset) Corridor Development Authority has rolled out plans to establish a special economic…

Four EAC partners join the Kenya-Uganda SGR project

Four East African Community member states this week joined the Kenya and Uganda joint project to…

Power line linking Kenya to southern Africa set for 2025

A key power line linking Kenya to Zambia through Tanzania is set for completion in November…

Kenya economy to overtake Angola, IMF forecast shows

Kenya will overtake Angola to become the fourth largest economy in sub-Saharan Africa this year, behind…

Kenya loses 42pc of Tanzania maize imports, seeks alternative sources

Non-tariff barriers have pushed down Kenya’s maize imports from Tanzania to 63 percent of the total…

Kenya’s shilling is gaining value, but don’t expect it to last, expert says

Shortly after Kenya’s 2022 elections, the shilling depreciated rapidly against the US dollar – the country’s…