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IFC to buy Sh645m stake in electric motorbike company

Nairobi, Feb. 15 -- The World Bank's private sector investment arm, International Finance Corporation (IFC), plans to make an equity investment of up to $5 million (Sh645 million) in e-mobility provid... Read More


Jumia's Kenya sales hit Sh15.8bn on holiday shopping

Nairobi, Feb. 15 -- Jumia's sales in Kenya hit Sh15.8 billion ($122.79 million) in the year ended December 2025, helped by holiday shopping and Black Friday deals in the fourth quarter. Sales on the e... Read More


NSE stocks make biggest one-week gain ever at Sh220bn

Nairobi, Feb. 15 -- The Nairobi bourse has notched up the biggest one-week gain on record, capping off a period that left investors Sh220.24 billion richer. Market capitalisation-the measure of inves... Read More


Spiro gets Sh903m to grow electric motorbike network in Africa expansion

Nairobi, Feb. 15 -- Electric motorcycle company Spiro has secured a $7 million (Sh903 million) debt financing to accelerate the expansion of its electric bike fleet and battery-swapping network across... Read More


Kenya overtakes Nigeria in mobile internet speeds as 5G use surges

Nairobi, Feb. 14 -- Mobile internet speeds in Kenya overtook Nigeria's for the first time in 2025, as uptake of newer generation networks improved performance and boosted value for money. Average mob... Read More


Why court declined to halt KTDA CEO recruitment

Nairobi, Feb. 13 -- The Employment and Labour Relations Court has declined to suspend the recruitment of the chief executive of the Kenya Tea Development Agency (KTDA). Instead, the court directed th... Read More


Treasury gives US firm ultimatum on Sh468bn Nairobi-Mombasa Expressway plan

Nairobi, Feb. 13 -- The National Treasury has issued an ultimatum to American investors seeking to build the proposed Nairobi-Mombasa Expressway, warning that the project will be abandoned if a revise... Read More


Why court declined to halt KTDA CEO hiring

Nairobi, Feb. 13 -- The Employment and Labour Relations Court has declined to suspend the recruitment of the chief executive of the Kenya Tea Development Agency (KTDA). Instead, the court directed th... Read More


How phone call transactions cost Family Bank manager his job

Nairobi, Feb. 12 -- The Employment and Labour Relations Court has upheld a decision by Family Bank to dismiss a branch manager for breaching internal banking procedures, including authorising transact... Read More


CBK raises Sh100bn from February bonds on massive oversubscription

Nairobi, Feb. 12 -- Investors offered the government Sh213.74 billion in the February 2026 Treasury bond issuance, after the latest rate cut by the Central Bank of Kenya (CBK) sparked a rush to lock i... Read More