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Tycoon Buffett gives Kenya Sh3.8bn for the second year

Nairobi, May 5 -- Warren Buffett, the world's most famous investor, has offered a health grant to Kenya for the second successive year, helping fill the gap left by cuts in foreign donations by US Pre... Read More


KDF gets Sh6bn Israel loan for air defence amid Iran war

Nairobi, May 4 -- Kenya has secured a Sh6.1 billion Israeli-backed loan to acquire a high-tech missile defence system, strengthening its ability to counter aerial threats amid rising regional insecuri... Read More


Ruto bets on housing, roads in Sh4.8trn election budget

Nairobi, May 3 -- The Treasury has tabled the budget estimates for the year ending June 2027, offering a glimpse into President William Ruto's strategy to win over voters by ramping up spending on roa... Read More


Real wages grow for first time in 6 years

Nairobi, April 29 -- Salary rises in 2025 surpassed inflation or cost of living measure for the first time in six years despite employers having offered workers a smaller pay increase. Inflation-adju... Read More


Mohamed Jaffer: The reclusive Mombasa tycoon cast into the limelight by the fuel

Nairobi, April 19 -- Old money is silent-perhaps as silent as the billions quietly minted by reclusive tycoon Mohamed Jaffer, who for decades has dictated the wheat and other imported cereals that end... Read More


Intrigues in Wattanga ouster as KRA commissioner-general

Nairobi, April 9 -- Former Kenya Revenue Authority (KRA) Commissioner-General Humphrey Wattanga refused to resign, prompting the board to oust him. The authority on the Wednesday evening said he woul... Read More


Stalled South B tech hub gets new contractor and Sh3bn extra funding

Nairobi, April 5 -- The construction of a techno-centre in Nairobi's South B area, which has stalled for years, has been allocated an additional Sh3.4 billion and the tender for the project awarded to... Read More


SGR extension to Malaba gets additional Sh14bn

Nairobi, March 4 -- The National Treasury has allocated an additional Sh14 billion to extend the standard gauge railway (SGR) from Naivasha to Malaba via Kisumu, pointing to President William Ruto's r... Read More


Why BAT is paying bumper dividends to shareholders

Nairobi, March 1 -- Cigarette manufacturer BAT Kenya has no immediate plans to undertake major capital investments after shutting down its nicotine pouch machinery, a move that has freed up cash and e... Read More


Police denied insurance compensation after Sh2bn default

Nairobi, Feb. 25 -- Families of police officers did not receive claims for the death of their loved ones for the entire 2025 after the National Police Service (NPS) failed to remit premiums, exposing ... Read More