Nairobi, April 7 -- The State released Sh3.52 billion to compensate oil marketing firms for losses incurred at the defunct Kenya Petroleum Refineries Limited (KPRL), Auditor-General Nancy Gathungu sai... Read More
Nairobi, April 7 -- Auditor- General Nancy Gathungu has flagged irregular salary payments to a senior officer of the Kenya Petroleum Refineries Limited (KPRL) who continued to earn from the company de... Read More
Nairobi, March 1 -- The International Finance Corporation (IFC) proposes to invest up to Sh6.7 billion ($52 million) in microfinance institution, Platcorp Holdings Limited, to boost its liquidity and ... Read More
Nairobi, Feb. 24 -- Electric motorcycle company Spiro has secured fresh Sh6.45 billion ($50 million) debt funding from African Export-Import Bank (Afreximbank) and two other investors to support the e... Read More
Nairobi, Feb. 21 -- Motor vehicles assembled in Kenya rose 18.5 percent to hit a new high of 13,692 in the year ended December 2025, driven by expansion of new models being put together at plants in N... Read More
Nairobi, Feb. 18 -- Kenyan men spend just 52 minutes a day on unpaid care work compared to women's 269 minutes, placing the country among the most unequal in East Africa. Unpaid care work refers to t... Read More
Nairobi, Feb. 15 -- Auditor-General Nancy Gathungu has flagged the Pharmacy and Poisons Board (PPB) over what she terms the irregular appointment of a chief executive officer in an acting capacity. M... Read More
Nairobi, Feb. 12 -- The International Finance Corporation (IFC) proposes to invest up to Sh5.16 billion ($40 million) in planned two risk-sharing facilities with Standard Chartered to support the purc... Read More
Nairobi, Jan. 28 -- Tribe Hotels Group, the Nairobi-based hospitality firm behind Tribe and Trademark Hotels, has taken over the management of a coastal property in Kilifi, as part of its strategy to ... Read More
Nairobi, Jan. 26 -- The Competition Authority of Kenya (CAK) has approved KCB Group's acquisition of a 75 percent stake in an IT firm associated with former Football Kenya Federation president Nick Mw... Read More