Iran has sharply criticised Kenya for failing to hold accountable the officials and traders it says are responsible for a fraudulent tea export deal worth…
Kenya’s Central Bank on Tuesday raised Ksh100.5 billion in a heavily oversubscribed treasury bond auction, as investors rushed to lock in double-digit returns on two…
Kenya’s Treasury is preparing to offer the struggling national carrier Kenya Airways to international investors in a landmark deal valued at up to Sh258 billion…
The Kenyan government’s decision to divest a majority stake in Kenya Pipeline Company represents one of East Africa’s most significant infrastructure privatization initiatives in recent…
Africa’s leading e-commerce platform Jumia Technologies is charting a course toward profitability while defending its market position against Chinese competitors, executives said Wednesday. The Lagos-based…
Thousands of retail investors in Kenya Power and Lighting Company are poised to reap substantial returns after the state-controlled utility declared a 50% increase in…
Once a household name across Kenya, Uchumi Supermarket is staging a modest but symbolic comeback, reopening two outlets in the capital as the embattled retailer…
Kenya has secured an extension of three Chinese loans used to build the Standard Gauge Railway (SGR), pushing the final repayment deadline to 2040 and…
Diageo, the world’s largest spirits maker, has agreed to sell its 65% controlling stake in East African Breweries Limited to Japan’s Asahi Group Holdings for…
A London court has ordered Kenyan businessman Paul Ndung’u to pay 374 million shillings ($2.9 million) in legal costs by Jan. 9 after rejecting his…