Current account deficit widens to 2.2 percent of GDP on higher imports

Nairobi, Dec. 10 -- Higher imports of intermediate and capital goods widened Kenya's current account deficit to 2.2 percent of gross domestic product (GDP) in the year to October 2025 up from 1.5 perc... Read More

Half of banks snub fresh CBK loans pricing formula for benchmark rate

Nairobi, Dec. 10 -- Banks have chosen different benchmarks to price loans under the new risk based pricing formula, denying customers a uniform reference rate to assess the cost of borrowing. The Cen... Read More

KNH machine breaks doubled radiotherapy wait time for cancer patients

Nairobi, Dec. 9 -- The waiting time for radiotherapy services at Kenyatta National Hospital (KNH) more than doubled in the financial year ended June 2025, dealing a blow to cancer patients amid repeat... Read More

Brookside dishes out Sh257m in farmer reward payouts

Nairobi, Dec. 9 -- Farmers contracted by dairy processing firm Brookside have been paid Sh257 million for supplies made in the half-year to May 2025, under a scheme that rewards producers for milk qua... Read More

Explainer: Why tea farmers east of the Rift Valley earn better

Nairobi, Dec. 9 -- A new Parliamentary report has revealed intriguing details following an inquiry into the pricing of tea in Kenya. Several entities disclosed how tea farmers from the Mt Kenya region... Read More

KNH cancer patients' wait time doubles on machine failures

Nairobi, Dec. 9 -- The waiting time for radiotherapy services at Kenyatta National Hospital (KNH) more than doubled in the financial year ended June 2025, dealing a blow to cancer patients amid repeat... Read More

Safaricom raises Sh20bn from corporate bond sale

Nairobi, Dec. 9 -- Telecoms operator Safaricom Plc has raised Sh20 billion from the first tranche of its corporate bond after a 177 percent oversubscription of the offer which closed on Friday. Total... Read More

Kenya's 5G subscribers hit 1.5 million as adoption accelerates

Nairobi, Dec. 8 -- The number of mobile subscribers connected to the fast fifth-generation (5G) network grew 19.96 percent during the three months to September, rising to 1.5 million up from 1.2 milli... Read More

Treasury selling Safaricom shares at 15.4pc discount, Investment bank says

Nairobi, Dec. 8 -- Standard Investment Bank (SIB) says the National Treasury is selling its 15 percent stake in Safaricom at a discount of 15.4 percent, based on comparisons of recent transactions of ... Read More

Credit Bank cleared to auction Upper Hill land in Sh2 billion loan dispute

Nairobi, Dec. 8 -- Credit Bank Ltd can now proceed with the planned sale of a property in Upper Hill area -where Africa's tallest building was to be built a few years ago- to recover a debt of more th... Read More

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