Singapore-based ride-hailing firm Yego is gradually ruffling feathers within Kenya’s digital taxis ecosystem, just four months…
Category: Business News in Kenya
5 banks to issue letters of credit for UAE fuel
Five local banks have been picked to issue letters of credit of up to Sh614.89 billion…
Fuel crisis looms as stocks dry up on dollar shortage
Consumers are facing fresh fuel shortages as some major oil marketing companies (OMCs) in Nairobi exhausted…
Competition watchdog to probe online food delivery apps
The Competition Authority of Kenya (CAK) is set to probe online food delivery and groceries platforms…
Land buying firms to pay Sh500m licence fees
Land-buying companies will be compelled to deposit Sh500 million as licence fees before they are cleared…
CBK freezes top banks’ bid to increase borrowing rates
The Central Bank of Kenya (CBK) has frozen a push by big banks to raise the…
KenGen, National Oil eye joint e-vehicle charging hubs
Power producer KenGen plans to collaborate with the National Oil Corporation of Kenya (NOCK) to instal…
Central Bank in the spotlight as lenders run out of dollars
Commercial banks are running out of dollars on some days following a shortage of the US…
Kenya’s super rich return offshore cash in rare move
Wealthy Kenyans returned billions of shillings to the country to escape economic turmoil in Europe and…
How chance visit to ‘overpriced’ Kenyan supermarkets birthed China Square
When Lei Cheng alias Charlie visited Kenya for the first time in September last year, nothing…