The Central Bank of Kenya (CBK) has warned that lack of access to smartphones by more…
Category: Business News in Kenya
Money laundering claims rock Sh5 billion English Point Marina
Trouble is brewing in Mombasa’s English Point Marina as the property’s developer faces fraud and money…
Real estate jobs at stake as cement, metal prices rise
Kenya’s construction industry is in the grip of a sharp slowdown, following a steep rise in…
IFC boosts Airtel with Sh17.15bn investment
The International Finance Corporation (IFC) will invest Sh17.15 billion ($150 million) in Airtel Africa to support…
IFC ends funding for Bridge academies on activists push
The International Finance Corporation (IFC) has withdrawn funding for Bridge International Academies (BIA) following pressure from…
Chinese workers to be retained after SGR takeover
Why Kenya Railways will retain Chinese workers after SGR takeover. The Kenya Railways Corporation (KRC) has…
NMS, KenGen garbage power plant to cost Sh22 billion
A garbage-powered electricity generation plant that KenGen and Nairobi Metropolitan Services (NMS) are planning to set up…
Carrefour drops eggs from caged hens from its shelves
Supermarkets chain Carrefour will only sell eggs produced under ‘humane’ conditions in a standards policy shift…
KCB mulls floating Sh11bn bond for green projects
Listed lender Kenya Commercial Bank considers raising more than Sh11.4 billion through a green bond to…
State unveils plan for control of gas prices
The State will import 30 percent of cooking gas through the National Oil Corporation of Kenya…