Oil is an essential commodity for Kenya’s transport and industrial production, electricity generation and water provision.…
Category: Business News in Kenya
Optimism grows for return of Kenya miraa to Somalia
Miraa traders have expressed optimism that the regime change in Somalia on Sunday will revive trade…
Companies pile pressure on CBK over dollar crisis
Manufacturing firms have piled pressure on the Central Bank of Kenya to sell more dollars into…
Kenya to import maize outside EAC as flour hits historic high
Kenya plans to allow maize imports from outside the East African Community to mitigate the current…
Kenyan Startup Market Ranked 2nd In Africa With Ksh.22B Funding Secured Since 2019
The Kenyan startup ecosystem has emerged second in the continent in terms of the total funding…
SGR becomes hot potato ahead of August elections
The transfer of port services has become a hot topic in both the gubernatorial and presidential…
No deal in sight on strategic Turkana oil investor search
Canadian oil company Africa Oil has revealed that it is yet to reach a deal with…
Petrol, Diesel, Kerosene Prices All Rise By Ksh.5.50
The price of all three fuel products has increased for yet another month in the latest…
Betting via M-Pesa hits Sh169.1bn in one year
Kenyans spent Sh169.1 billion to place bets through Safaricom’s M-Pesa in the year to March, underlining…
Daily borrowing on Fuliza surges to Sh1.4bn as the going gets tough
Borrowings from Safaricom’s overdraft facility hit Sh1.37 billion daily in the 12 months to March, signalling…