Nairobi, June 12 -- The government has approved the withdrawal of Sh3.5 billion to facilitate the settlement of outstanding obligations under the Last Mile Connectivity Project (LMCP), signalling a re... Read More
Nairobi, June 9 -- Kenya's motor vehicle assemblers and parts manufacturers are set to access soft loans of up to Sh7.5 billion under a Japanese-backed programme aimed at expanding local vehicle produ... Read More
Nairobi, June 9 -- Kenya's motor vehicle assemblers and parts manufacturers are set to access soft loans of up to Sh7.5 billion under a Japanese-backed programme aimed at expanding local vehicle produ... Read More
Nairobi, June 8 -- Flower exporters in Kenya have lost an estimated Sh724.4 million ($5.6 million) over the past two months due to cargo delays, crop spoilage and declining market prices, as rising ai... Read More
Nairobi, May 29 -- I&M Group spent Sh1 billion last year to acquire an additional 17 percent stake in its Tanzanian banking subsidiary through a capital injection and the buyout of other investors. T... Read More
Nairobi, May 28 -- I&M Group saw its staff count rise by 355 last year as the Kenyan banking multinational accelerated its regional expansion strategy, with most of the new jobs added in Kenya. Accor... Read More
Nairobi, May 26 -- The International Finance Corporation (IFC) is set to make a risk-sharing investment of up to $6.2 million (Sh803.5 million) in Kenyan lender Fourth Generation Capital Limited (4G) ... Read More
Nairobi, May 6 -- Del Monte Kenya has invested Sh129.2 million ($1 million) to launch new products, including energy and carbonated drinks such lemonades that will be sold in aluminum cans. The compa... Read More
Nairobi, April 23 -- Auditor-General Nancy Gathungu has questioned the veracity of the financial statements of the eCitizen, after a review flagged widespread inconsistencies for the year ended June 2... Read More
Nairobi, April 23 -- Residential property developer, Mi Vida Homes, has launched a Sh5.6 billion ($42 million) project in Tatu City, marking its entry into Kenya's luxury housing segment. The develop... Read More