Sh 5 million: Amount Mainga paid to drop Kisumu case challenging his tenure case
Details have emerged that the legal battle challenging the continued tenure of Kenya Railways Corporation Managing Director and Chief Executive Officer Philip Mainga was abruptly withdrawn after the embattled KR boss parted with a clean Sh 5million to…
Roam raises local content in electric motorcycles to 40%, targets 50% by 2027
Electric motorcycle manufacturer Roam has increased the share of locally produced components in its Roam Air motorcycle to 40 percent, as manufacturers seek to deepen local value addition in Kenya’s growing electric mobility industry. The company said…
Why Integrated Appliances Are Winning Urban Kenya
Kenya’s urban skylines tell a story that extends well beyond glass and concrete. Across growing neighbourhoods and satellite towns emerging, apartment living has become the preferred choice for a growing generation of professionals and young…
NCBA warns inflation risks could remain high in last quarter of 2026
Kenya’s inflation risks remain tilted to the upside in the final quarter of the year, with the possibility of El Niño-related flooding expected to put further pressure on food and transport costs, NCBA Economic Research has warned. The warning comes…
Mombasa Protesters Demand CBK Probe Into Absa Staff Over Data Breach, Misconduct Claims
Activists call for independent investigations into alleged customer confidentiality breaches, financial transactions and internal misconduct at Absa Bank Kenya A Mombasa lobby group has staged a protest demanding investigations into alleged misconduct by…
KRA intercepts Sh8.2m iPhones at JKIA
Kenya Revenue Authority (KRA) customs officers have intercepted 40 smartphones valued at about Sh8.2 million at Jomo Kenyatta International Airport (JKIA), in a move that highlights tighter scrutiny of undeclared goods entering the country. The…
Stanbic Bank sponsors Ne-Yo Nairobi concert to boost creative economy
Stanbic Bank has reinforced its support for Kenya’s creative economy through its title sponsorship of ‘One Night Only: Brunch Edition with Ne-Yo’. Headlined by three-time Grammy Award-winning R&B superstar Ne-Yo, the exclusive concert will take place…
As El Niño Approaches, Financial Preparedness Matters Too
By Wilfred Mutuku El Niño is once again dominating news headlines, social media feeds and everyday conversations. For many people, however, the term brings neither reassuring memories nor comforting expectations. El Niño is terror – drought on one side,…
Kenya inflation rises to 6.8pc as food, transport costs climb
Kenya’s annual inflation rate rose to 6.8 per cent in September, as higher food and transport costs continued to put pressure on household budgets. The Kenya National Bureau of Statistics (KNBS) said the general price level was 6.8 per cent higher in…
Central Bank adds 29 digital lenders, taking licensed providers to 281
The Central Bank of Kenya has licensed 29 additional digital credit providers (DCPs), increasing the number of regulated digital lenders to 281 as the regulator tightens oversight of the rapidly expanding mobile lending market. The latest licensing…