Kenya will pay back part of the $2 billion (Sh303 billion) Eurobond next month as it moves to calm a global financial market that has been jittery over the country’s ability to meet its obligations next June.
President William Ruto delivered his first State of the Nation address before both Houses of Parliament in a speech that was supposed to offer hope to a tired nation that is reeling under heavy taxation and a battered economy.
Telecommunications giant Safaricom announced a 10.9% net income growth to Ksh.41.6 billion in the last six months to September 30, 2023. In a report on Thursday, the telco stated that its operations in Ethiopia had also recorded a positive net income growth of 2.1% to Ksh.34.2 billion. The strong performance, Safaricom said, is attributed to the introduction of more customer-friendly products like youth-specific products, Safaricom Hook and the rolling out of accelerated 5G.
Kenyan borrowers hoping for cheaper credit face a longer wait after the Central Bank of Kenya (CBK) paused its rate-cutting cycle, citing the escalating Middle East conflict...
The East Africa Law Society (EALS) has warned Kenya against discriminating against East African Community (EAC) citizens during its crackdown on foreign nationals engaged in...
President William Ruto will serve as the chief guest at the AmCham Business Summit 2026, scheduled for September 9–10 in Nairobi. The summit will bring together senior gov...
Governors seeking re-election in 2027 are directing county budgets towards high-visibility projects in health, education, roads, water and agriculture, where residents direc...
