Safaricom will open its Lipa Na M-Pesa cashless payment service to subscribers on rival mobile networks,…
Category: Business News in Kenya
Kenya Shilling hits 15-month all time low to 115 units against US Dollar
The Kenya shilling hit a 15-month all-time low of 115 units against the US dollar Monday,…
EPRA explains reason behind fuel shortage in Kenya
The Energy Petroleum and Regulatory Authority (EPRA) says the government has delayed compensating Oil Marketing Companies…
KQ, South Africa Airways to merge under conglomerate in expansion strategy
Kenya Airways (KQ) and South African Airways (SAA) are chatting a path for a joint operation…
Relief for farmers as State slashes fertiliser prices by half
It’s good news for small and large-scale farmers in Kenya after the government — through the…
Old vehicles earn Kenyans tidy profits
When Toyota Vitz and Nissan Note hit Sh1 million, ignited by demand and a global shortage,…
Equity gets nod to auction Fourways homes in loan row
Equity Bank can now sell mansions belonging to real estate firm Suraya Property Group to recover…
Why fuel shortage has hit some towns
Kenya is staring at a fuel crisis due to delays in subsidy payouts by the government.…
Radisson Blu To Reopen Upper Hill Hotel After Pandemic-Induced Closure
Global hotel brand Radisson Blu has announced the reopening of its outlet in Upper Hill, Nairobi,…
16 accounts hit banks with Sh40bn defaults
Defaulted loans in the banking sector jumped Sh40 billion in the two months to February on…