Business

Kenya is in talks with UAE’s Etihad Rail to fund and operate the Standard Gauge Railway extension from Naivasha to Malaba through freight concessions. This initiative is part of a broader strategy to attract private sector participation in regional infrastructure development. Davis Chirchir, the Cabinet Secretary for Roads and Transport, stated that the government aims […]

Absa Bank Kenya has introduced La Riba Timiza, the first fully Shariah-compliant mobile banking platform developed by a Tier 1 bank in Kenya. This groundbreaking initiative seeks to promote financial inclusion by offering ethical, interest-free banking solutions tailored specifically for Kenya’s growing Islamic finance sector. “We take immense pride in being pioneers of Islamic banking

Kenya Development Corporation (KDC) has delivered a KES 57 million dividend to the National Treasury and unveiled a KES 500 million recovery facility for SACCO-based lending. KDC announced this during the inaugural Next Frontier Africa 2025 Summit, a three-day Summit, convened by KDC at the Kenyatta International Convention Centre (KICC). Held under the theme Catalyzing

NCBA hosted over 100 business leaders, exporters, importers and financial decision-makers from across sectors in a forum aimed at equipping them with insights on navigating economic uncertainty, optimizing liquidity, and achieving sustainable growth. Under the theme ‘Building Resilient Businesses in a Shifting Global Landscape’ the goal was to give a holistic look at how digital banking, smart capital

Tatu City Water and Sanitation Company (TATUWASCo) has won two prestigious national awards—Best Private Utility Company of the Year and Excellence in Corporate Governance for Utility Providers, as ranked by the Water Services Regulatory Board (WASREB). Tatu City water firm won the awards due to rigorous evaluation across Water Service Provider performance metrics, including water

British International Investment, the UK’s development finance institution and impact investor, announced today that it had committed £1.09 billion to African companies in 2024 to create jobs, reduce aid dependency and combat the climate emergency.  The sum was nearly 40 per cent more than its 2023 total of £725 million, despite the difficult investment environment caused

Multichoice price adjustment leaves Showmax customers enjoying lower subscription rates  MultiChoice is hiking its DStv, GOtv prices while lowering prices of its Showmax packages, effective August 1st, 2025. In this adjustment, DStv and GOtv will see moderate price increases, reflecting the dynamic operating landscape. Conversely, Showmax subscription prices will be reduced, making the streaming content

The Central Bank of Kenya (CBK), in partnership with the Kenya Bankers Association (KBA), has rolled out a nationwide survey aimed at enhancing the user experience of the Total Cost of Credit (TCC) platform. The initiative forms part of broader efforts to make credit more affordable, transparent, and accessible to borrowers across the country. The