- NSE had a standout 2024, ending lack-lustre years that preceded it. The All-Share Index, 25 Share Index and 20 Share Index posted 34, 42 and 33 percent returns, respectively.
- In the proposed formula, population will account for 42 percent of the revenue that will be received by counties, an increase from the current 18 percent in the Third Basis used over the last...
- Data from the tech giant's transparency report shows that the Kenyan government’s requests between January and June last year were chiefly driven by defamation and fraud concerns.
- For the NSE, the appreciation of the shilling handed dollar investors a significantly higher annual return compared to the market’s shilling denominated returns.
- Brent crude oil prices have oscillated in the lower half of $70 per barrel over most of the second half of 2024, with expectations that prices will maintain the same levels during the early parts...
- The Central Bank of Kenya (CBK) says it is yet to hear from the Capital Markets Authority (CMA) after raising the alarm last August of suspicious bond trades.
- Ms Yeda is a Kenyan and served as the chair of the board of Kenya Power and Lighting Company for two and half years before being pushed out by the Kenya Kwanza administration.
- Kenya Power had attributed the delayed connections to challenges in wayleaves acquisition, leading to the redesign of some projects and sometimes abandonment of the same.
- In 2024, global FDI flows experienced a modest rebound, reaching approximately $1.3 trillion, a two percent increase from the previous year, with Asia taking the dominant share.
- Following the closure of the Kenya operation, Base Resources will shift its attention to a new titanium mining prospect in Madagascar known as the Toliara project.
- In 2025, the CBK is projecting the economy will grow at 5.5 percent, while the International Monetary Fund (IMF) has a more conservative growth target of 5.0 percent.
- Nairobi has been expanding fast. Consequently, the demand for land remains high, and it costs a premium. This fuels an appetite to grab green spaces.
- Regulator says most of these illegal ISPs use technologies on licence-free frequency bands intended for industrial, scientific, and medical applications.
- Confusion over the fate of former NHIF staff, unclear leadership roles, and operational hiccups have left the SHA struggling to deliver on its promises.
- The anti-tax protests in Kenya drove the usage of other social media apps to record levels, with data from the Communications Authority of Kenya (CA) showing that internet accessibility levels...
- The current framework for infrastructure development needs to be significantly reevaluated, even though it promises a minimal rise to $1 billion in yearly expenditure by 2027.
- The NSSF, which is mandated to implement the Act, is set to adjust both employer and employee contributions to the fund, effective February 2025 payrolls.