Standard Chartered Bank is set to auction assets of the collapsed retail chain Nakumatt Holdings after the firm defaulted on loans exceeding Sh1.6 billion.
The conflict involving Iran is starting to impact India significantly, threatening its energy supplies, remittance flows, and diaspora safety.
Kenya Airways (KQ) has announced significant changes to its board, appointing Kiprono Kittony as its new Chairman and David Ndii as a Non-Executive Director.
The Water Resources Authority (WRA) has launched a new mobile application to streamline the process of obtaining water permits and making digital payments, aiming to enhance efficiency and transparency in water resource management.
The Senate Finance and Budget Committee is investigating procurement irregularities in several Kenyan counties due to persistent violations of public procurement laws, as flagged by the Public Procurement Regulatory Authority (PPRA).
Millions in Cuba were plunged into darkness on Wednesday due to an unexpected shutdown at a major power plant, exacerbating an ongoing fuel crisis on the island.
Video streaming platform Showmax has announced its planned exit from the Kenyan market due to intense competition in the streaming industry.
A U.S. Court of International Trade has ordered Customs and Border Protection to issue refunds for tariffs previously imposed by President Donald Trump under the International Emergency Economic Powers Act (IEEPA). This ruling follows the Supreme Court striking down these levies last month.
Kenyan manufacturers are urged to adopt modern packaging standards to maintain their global competitive edge, according to industry leaders. This warning comes as the 10th Propak East Africa Expo highlights the rapid expansion of the region's packaging industry.
Kenyan ministries are set to see an 11.3 percent increase in their budgets, totaling an additional Sh287.4 billion for the 2025/26 financial year due to mounting spending pressures.
Elon Musk testified in a California court that investors "read too much" into his social media posts regarding his 2022 Twitter purchase. He is defending against claims that his tweets manipulated the market.
Mars Wrigley Kenya has significantly increased its production of sugar-free gum at its Athi River plant, transforming it into a key export hub for Africa and the Middle East.
China has announced its lowest economic growth target since 1991, aiming for a range of 4.5%-5% amid domestic and international challenges.
A series of building collapses in Nairobi has been attributed by engineers to developer negligence and gaps in regulatory oversight, rather than a lack of engineering competence.
Venezuelan interim president Delcy Rodríguez and U.S. Secretary of the Interior Doug Burgum announced that both nations will collaborate on developing Venezuela's mining sector. This follows recent U.S. actions involving the seizure of Nicolás Maduro.
Uganda's Minister of Energy and Mineral Development, Ruth Nankabirwa, has urged petroleum marketing companies not to increase pump prices due to the Middle East crisis, emphasizing there is no justification for such hikes.
Twiga Tatu SEZ Limited is facing liquidation after a creditor filed a petition at the High Court for failure to settle outstanding debts.
The Kenya Pipeline Company (KPC) Initial Public Offer (IPO) has successfully raised Sh112.4 billion, making it one of the largest public share sales in Kenya's history.
Kenya Airways (KQ) will operate special repatriation flights between Nairobi and Dubai amidst escalating Middle East tensions that have disrupted international travel.
I&M Bank has partnered with B Lab Africa to launch a nine-week training program aimed at enhancing the sustainability and resilience of Small and Medium Enterprises (SMEs) in Kenya and beyond.
Kenya's private sector growth significantly slowed in February, with activity nearing stagnation due to modest gains in new orders and flat output.
Sweden's central bank, the Riksbank, has reissued a recommendation urging households to keep approximately 1,000 Swedish kronor (about 109 U.S. dollars) in cash at home due to global uncertainty and potential disruptions to digital payment systems.
Uganda has officially launched its first Islamic insurance company, Tamini General Insurance, a sister company of Salaam Bank Limited. The launch was officiated by President Yoweri Museveni.
The Kenyan government has set a Sh100 billion minimum capital requirement for companies bidding to upgrade Jomo Kenyatta International Airport (JKIA).
An Australian study has developed an AI tool named BRAIx that can predict a woman's risk of developing breast cancer over the next four years with greater accuracy than traditional methods.
Absa Bank Kenya announced a 17 percent increase in its dividend payout to Sh2.05 per share, following a 10 percent surge in net profit to Sh22.9 billion for the year ending December 31, 2025.
The Kenya Pipeline Company (KPC) Initial Public Offer (IPO) has successfully raised Sh106.29 billion, marking it as one of the largest public share sales in Kenya's history.
Asian stock markets tumbled for a third consecutive day on Wednesday, with oil prices rising as global markets react to the escalating conflict between the US and Iran.
The Court of Appeal has ordered the National Social Security Fund (NSSF) to refund Keiyo Teachers Co-operative Society Sh40 million following an illegal land sale.
The two take over from Chege Kirundi, the former Chair, and Omweno James Ombasa, the Vice Chair, whose terms have ended. Kenya breaking news | Kenya news today |
