Samsung Profits Jump 1,800% as AI Chip Sales Soar: Samsung Electronics anticipates a significant surge in profits, an increase of approximately 1,800%, driven by robust global demand for artificial intelligence (AI) memory chips. Meanwhile, Microsoft announced it will eliminate approximately 4,800 jobs globally, representing about 2.1 percent of its total workforce, as part of a company-wide restructuring. Separately, shareholders of Old Mutual Holdings PLC have approved a significant balance sheet restructuring worth Sh4.67 billion, aiming to clear accumulated losses and pave the way for dividend payments to resume. KETRACO Opens Sh65bn Private Power Projects for Public Review: Kenya Electricity Transmission Company (KETRACO) has opened privately funded electricity transmission projects, valued between Sh50 billion and Sh65 billion, for public review under a Public-Private Partnership (PPP) framework. Separately, Glee Hotel has been placed under administration after Equity Bank moved to recover outstanding debt, with an administrator appointed to take control of the hotel's assets and operations. Kenyan steel manufacturers are also experiencing slow growth due to high energy costs, cheap imports, and substandard products, leading to idle production capacity.

Violence Erupts at Keumbu Centre as Goons Block Linda Mwanchi Convoy in Kisii: Violence erupted at Keumbu Centre in Kisii County on July 3, 2026, when goons disrupted a Linda Mwanchi convoy. The convoy was reportedly blocked by alleged goons, resulting in injuries. This incident occurred amid the shadow of Ruto's untouchable Kisii politicians, highlighting ongoing political tensions in the region. The Ol Kalou by-election is entering its final stretch, just 10 days away, with political camps framing it as a referendum on the Mt Kenya region's political future ahead of the 2027 General Election. These incidents reflect the volatile political atmosphere in the broader Mt Kenya region as elections approach. Cleophas Malala Declares Support for Edwin Sifuna's 2027 Presidential Bid: Cleophas Malala, Deputy Party Leader of the DCP, has declared his support for Edwin Sifuna to secure a top position on the united opposition ticket for the 2027 General Election. Meanwhile, Nairobi Senator Edwin Sifuna is reportedly being positioned by Luhya leaders allied to the Linda Mwananchi movement to run for the 2027 presidency under a new political outfit. The Independent Electoral and Boundaries Commission has reintroduced regulations to cap campaign spending and donations ahead of the 2027 General Election, aiming to curb excessive spending by politicians. These stories collectively highlight the intensifying jockeying for position within opposition politics ahead of the next general election.

Belgium Thrash USA 4-1 to Set Up Spain Quarter-Final: Belgium decisively defeated the United States 4-1 in the 2026 FIFA World Cup Round of 16 on July 7, 2026, ending the host nation's tournament dreams and advancing to a quarter-final match against Spain. Meanwhile, Spain advanced to the quarter-finals after a late 1-0 victory over Portugal on July 6, 2026. Football legend Cristiano Ronaldo's World Cup dream ended in heartbreak as Portugal lost to Spain, with the 41-year-old captain visibly emotional after what is likely his final World Cup appearance. The quarter-final will now feature Belgium versus Spain.

Four suspected robbers killed in Eldoret police shootout after four-hour chase: Four suspected robbers were killed in Eldoret following a four-hour police chase and shootout. The incident occurred after the suspects reportedly engaged in criminal activities. A separate but related report described a fierce confrontation unfolding in Eldoret on Sunday night, resulting in the demise of four suspected gangsters during a police operation. Meanwhile, Nairobi residents are reporting a rise in fear and insecurity due to disturbing incidents involving robbery and disorder across the city. Kenya Railways Unveils Plan to Extend SGR Line to Nairobi CBD: Kenya Railways Corporation has announced plans to extend the Standard Gauge Railway (SGR) line by 15 kilometers from Syokimau Station directly into the Nairobi Central Business District. The Kenya Electricity Transmission Company (KETRACO) has received three privately initiated proposals totaling an estimated Ksh50 billion to Ksh65 billion for the development of new power transmission lines and substations across the country. Meanwhile, motorists will soon face increased toll charges on the revamped Gilgil-Mau Summit Highway, part of the expanded Nairobi-Nakuru Highway, with the Kenya National Highways Authority (KeNHA) announcing a new toll rate that is higher than previously disclosed for an adjacent section. Absa Bank Kenya commits Sh6 million to the 2026 Sunshine Development Tour Series: Absa Bank Kenya has pledged Sh6 million to support the upcoming 2026 Sunshine Development Tour Series. In golf news, Njoroge Kibugu claimed the fourth leg of the PGK Equator Tour season two. Additionally, Kenyan international footballer Victor Wanyama is set to launch his Victor Wanyama Academy in Nairobi this July. Heavy police presence in Nairobi CBD ahead of planned Saba Saba protests: Nairobi's Central Business District experienced heavy police presence as the city prepared for Saba Saba Day protests, with officers patrolling and erecting roadblocks at the Nairobi West roundabout off Lang'ata Road. Police stated they received no formal notification regarding planned protests, while activists insisted they would proceed with processions on July 7th. In Mombasa, a significant police presence was observed in the Mapembeni area along Moi Avenue during the commemoration. Heavy police presence was also noted in Embu town as the country commemorated the 36th anniversary of Saba Saba. Nationwide matatu strike disrupts transport across Kenya: A nationwide matatu strike significantly reduced traffic on major roads including Thika Road, as commuters opted for alternative transport or stayed home in protest against escalating fuel prices. In Ruiru, commuters experienced significant disruption as matatus remained parked on Saba Saba Day, with some protesting alleged harassment by county officials. Police prevented vehicles from entering Nairobi along Outering Road amid the strike, while commuters were forced to walk long distances after matatus were blocked from accessing the Nairobi CBD. The strike coincided with Saba Saba commemorations, adding to uncertainty across the country. Police Sound Warning Ahead of Planned Saba Saba Day March: Nairobi Regional Police Commander Issa Mohamud has outlawed the planned Saba Saba Day march on Tuesday, July 7, stating that any participants will be treated as criminals. The U.S. Embassy in Nairobi has issued a security alert for American citizens due to a heightened security presence anticipated nationwide on July 7, a day historically marked by protests. Kenyan police have dismissed planned Saba Saba protests, but activists are determined to proceed with processions on July 7th. Nairobi police significantly tightened security, sealing off Parliament and establishing checkpoints across the Central Business District on Tuesday, July 7, ahead of planned Saba Saba demonstrations. DCI Launches Special Training to Respond to Bomb Attacks: The Directorate of Criminal Investigations (DCI) has launched a specialized 7-week bomb technician training called the Explosive Incident Countermeasures Course to enhance national security preparedness against explosive threats. Detectives are investigating a possible link between four suspected gang members killed in Uasin Gishu County and the murder of a PCEA Reverend, as well as several violent robberies across the Rift Valley. Meanwhile, Kisumu Central MP Joshua Oron has donated six motorbikes to chiefs and assistant chiefs in Kisumu Central to bolster security operations and combat rising crime. Govt to introduce flexible SHA payment plan: The Kenyan government is set to introduce flexible payment options, branded as 'Lipa SHA Pole Pole', to boost registration for the Social Health Authority (SHA) and enhance access to universal healthcare. Health Cabinet Secretary Aden Duale reassured that the transition of Universal Health Coverage (UHC) workers to permanent and pensionable terms under county governments is progressing as planned. The Kenya School of Government (KSG) has launched an initiative to equip public servants with Artificial Intelligence (AI) skills, coinciding with the graduation of 432 Assistant County Commissioners and the induction of new Deputy County Commissioners. Several Feared Dead in Multi-Vehicle Crash Along Nairobi-Mombasa Highway: Several people are feared dead after a major multi-vehicle collision involving a Tahmeed bus on the Nairobi-Mombasa Highway on the night of Monday, July 7. The accident caused significant traffic disruptions as emergency teams worked to rescue victims. Motorists faced significant disruptions on major roads leading to Nairobi Central Business District (CBD) on Tuesday morning due to heavy police roadblocks, with the police deployment aimed to enhance security ahead of anticipated Saba Saba protests. Additionally, commuters faced significant disruption and were forced to walk long distances after matatus were blocked from entering the Nairobi CBD. EACC launches manhunt to recover Sh1.5 billion in Ruaraka schools land compensation scandal: The Ethics and Anti-Corruption Commission (EACC) has initiated a nationwide manhunt to recover approximately Sh1.5 billion in connection with the controversial Ruaraka schools land compensation scandal. This investigation comes amid ongoing concerns about government financial management and public funds.