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Henrey EV car dealer sets up Sh320m Mombasa plant

Nairobi, Feb. 2 -- Chinese-owned electric vehicle (EV) dealer Rideence Africa is investing Sh320 million in an assembly line in Mombasa as it seeks to reduce vehicle prices by as much as 25 percent th... Read More


Court backs HF in Tigoni asset loan row with developer

Nairobi, Feb. 2 -- The High Court has allowed listed mortgage lender Housing Finance to proceed with the sale of charged properties in Tigoni after dismissing a borrower's claim that a Sh76 million lo... Read More


Why gold, steel and cocoa are winning investors' attention

Nairobi, Feb. 2 -- Commodities in most cases are always on the fringes of most individual investment portfolios. It is often overshadowed by the booming equity markets, rising property values and attr... Read More


How Trump triggered fall of gold prices at NSE

Nairobi, Feb. 2 -- Gold prices at the Nairobi Securities Exchange (NSE) fell further on Monday as the reversal of a record-breaking rally continued into the new week amid the fall in the value of the ... Read More


Kenya Power raises interim dividend 50pc on profit growth

Nairobi, Feb. 2 -- Kenya Power has increased its interim dividend by 50 percent to Sh0.3 per share for the half year to December 2025 as the company continued to enhance payouts to shareholders amid p... Read More


IFC to lend flower firm Sh1.6bn for expansion

Nairobi, Feb. 2 -- Flower farm Star Bright Holdings is set to receive a €11 million (Sh1.6 billion) loan from the International Finance Corporation to fund additional investments in its farms in... Read More


Kenya adds new twist to Koko Networks collapse

Nairobi, Feb. 2 -- Kenya has cast doubt on the authenticity of the carbon credits generated by Koko Networks after the World Bank-backed clean cooking startup blamed the government for its collapse. ... Read More


Kenya needs soul-searching in first world drive

Nairobi, Feb. 2 -- If countries were people, Kenya would be a gifted, charismatic young adult full of promise, confidence and raw ability but wrestles with the discipline and consistency required to b... Read More


Pius Muchiri: 'How my father's job loss shaped my relationship with money'

Nairobi, Feb. 1 -- There are two ways the rich stay rich: one is by making a lot of money. The second is by not spending any. Pius Muchiri once spent Sh500 on pizza back in 2001, but he couldn't wash ... Read More


KRA opens up cargo tracker seal market to more vendors

Nairobi, Feb. 1 -- The Kenya Revenue Authority (KRA) has opened up the supply of electronic cargo tracker seals to more vendors and user-owned gadgets, increasing competition in a traditionally closel... Read More