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KMC survival in doubt over mounting losses

Nairobi, July 12 -- Auditors have expressed doubt over the long-term survival of the State-owned Kenya Meat Commission (KMC) due to sustained losses that are straining its ability to continue as a goi... Read More


KQ gets second Dubai landing slot in battle against Emirates

Nairobi, July 9 -- Kenya Airways (KQ) has secured a second landing slot at Dubai International Airport, the world's busiest airport for international passenger traffic, allowing it to launch a second ... Read More


Kenya Railways loss widens to Sh28 billion as SGR posts first surplus

Nairobi, July 7 -- State-owned Kenya Railways Corporation's net losses grew by Sh477 million to Sh28.16 billion in the year ended June 2025, clouding the performance of the standard gauge railway, whi... Read More


SGR line extension to Nairobi CBD to ease commuters' pain

Nairobi, July 6 -- The standard gauge railway (SGR) line is set be extended into the Nairobi central business district (CBD), closing a crucial last-mile gap that left thousands of commuters disadvant... Read More


Agriculture sector parastatals set to lose lending powers

Nairobi, July 5 -- The government plans to strip three agricultural parastatals of their lending powers, and instead consolidate State-backed financing for farmers under a single institution to curb m... Read More


Nairobi financial hub adds 15 firms, eyes Sh26bn

Nairobi, July 2 -- The Nairobi International Finance Centre (NIFC) has admitted 15 new companies, which are expected to mobilise a combined Sh25.8 billion ($200 million) in investments and create over... Read More


Could phone-based insurance secure Kenya's device financing boom?

Nairobi, July 1 -- Two days after leaving hospital, Hellen Atieno returns to her grocery stall in Mariwa trading centre in Migori County, with more than just the fatigue of a week-long illness. She is... Read More


Britam marks Sh2bn for startups as it expands venture capital arm

Nairobi, July 1 -- Insurer Britam plans to invest up to Sh1.9 billion ($15 million) in financial and insurance technology startups in Kenya and other markets where it operates, as it expands its ventu... Read More


Kenya lengthens validity of aircraft safety permits

Nairobi, June 30 -- Planes registered in Kenya will now be inspected for airworthiness every two years, instead of annually, amid a biting shortage of inspectors as the number of locally registered ai... Read More


Nedbank's buyout of NCBA gets regional approvals

Nairobi, June 28 -- The proposed acquisition of a 66 percent shareholding in NCBA Group by South Africa's Nedbank Group has secured unconditional approval from two key regional competition regulators,... Read More