- Transport Cabinet Secretary Kipchumba Murkomen has announced plans by the government to make it mandatory for all road construction within major cities to have a corridor that will accommodate non-motorized transport (NMT).
- Oil prices climbed on Monday, reversing some of Friday's losses, as investors focused on a tight global supply outlook and a last-minute deal that avoided a U.S. government shutdown restored their risk appetite.
- Kenya's inflation (KECPI=ECI) rose marginally in September after all sectors recorded a general increase in prices, the statistics office said on Friday.
- Passengers flying Kenya Airways (KQ) to the United Kingdom in a month’s time will choose between a morning and an evening flight, as the airline doubles its flights to London per day.
- NCBA Group plans to acquire 100 per cent of AIG Kenya Insurance, the lender, which has hitherto had a 43 per cent stake in the insurer, announced on Monday.
- Casual workers including those engaged in the government’s affordable housing projects will be taxed to build the cheaper units as the government moves to collect more for the ambitious housing programme.
- Absa Bank, one of Kenya’s leading financial institutions, has launched the Buy Now, Pay Later (BNPL) card feature to help its customers manage their expenses better.
- Chinese sovereign lending to Africa fell below $1 billion last year - the lowest level in nearly two decades - underscoring Beijing's shift away from a decades-long big-ticket infrastructure spree on the continent, data showed on Tuesday.
- The governments of Kenya and South Korea have announced the successful conclusion of the second phase of the Economic Innovation Partnership Program (EIPP).
- Volvo Cars said on Tuesday that it will end production of any remaining diesel models by early 2024 as it heads towards becoming an all-electric carmaker.
- The African Guarantee Fund (AGF) and the Clean Cooking Alliance, in partnership with the U.N. Capital Development Fund, have joined forces to empower Africa’s banking industry with knowledge and insights necessary to navigate carbon markets effectively.
- Co-operative Bank of Kenya has been feted by the International Finance Corporation, a member of the World Bank for its work in the small and medium enterprise space.
- Andrew Mukite Musangi, the President’s nominee for the Chairperson of the Central Bank of Kenya has told parliament that he will not tolerate any form of conflict of interest and that he will maintain fidelity to integrity if appointed by the President of Kenya.
- The Kenya Agricultural and Livestock Research Organisation, KALRO, has urged farmers especially in maize growing regions to harvest early before the projected El Nino rains in order to avoid loses.
- The Scrap and Iron Metal Dealers Association has called out Kenya Power for reportedly profiling and blaming them for vandalism leading to blackouts in the country.
- The head of Japan’s top pop agency Johnny & Associates stepped down Thursday after admitting that her uncle, the company’s late founder, had sexually abused minors for years, following months of international scrutiny and an independent investigation.
- East African Breweries Limited (EABL) has dismissed claims of engaging in any fraudulent activity in the recent sale of additional shareholding to UK-based shareholder Diageo who now owns 65 percent majority stake in EABL.
- Global web innovator Opera has partnered with Safaricom to offer free data in Ethiopia as part of its strategy of fostering increased internet access across the African continent.
- Global web innovator Opera has partnered with Safaricom to offer free data in Ethiopia as part of its strategy of fostering increased internet access across the African continent.
- The Kenya Revenue Authority will, starting September 1, impose a three per cent levy on the trade of digital assets as part of the new taxes imposed under the Finance Bill, 2023.
- Kenya Electricity Generating Company (KenGen) and Konza Technopolis Development Authority (KoTDA) have broken ground for KenGen’s Green Energy Park in Olkaria, Naivasha.
- Jubilee Holdings Limited has announced the payment of an interim dividend of Ksh.2 per share totaling to Ksh.145 million for the half-year ended June 2023.
- Kenya is the fourth largest medical technology devices exporter in Africa at 3.1 percent of exports from Africa to the rest of the world ahead of Tunisia and Mauritius according to a keynote speech at the just concluded inaugural Transforming African Medtech Conference.
- Eng. Juma left NuPEA after serving two, three-year terms at the helm of the agency tasked with promoting and implementing Kenya's nuclear energy sector, as well as research.
- The French government and the European Union will spend 200 million euros (around 30.8 billion) to help the country’s wine producers, who are struggling to cope with falling prices and waning demand.
- Farmers in Wajir, Turkana, Garissa, Marsabit and Isiolo Counties are poised to benefit from a partnership between Davis & Shirtliff (D&S)and Millennium Water Alliance (MWA) whose aim is to elevate food and water security in Arid and Semi-Arid (ASAL) regions in Kenya through the utilization…
