Business
Kalonzo challenges Safaricom Stake sale in court
Wiper Party leader Kalonzo Musyoka has moved to court to block the government planned sale of its 15% stake in Safaricom PLC to South Africa…
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Business
Business
Condom prices set to increase by 30% amid Iran war
Global condom prices are expected to rise sharply as the world’s largest manufacturer warns of significant cost increases linked to the ongoing Iran war, which…
Business
Odinga Family moves 35% BE Energy stake to offshore haven
The Odinga family has transferred its 35% stake in fuel dealer Be Energy to an offshore entity registered in the British Virgin Islands, according to…
Business
KTDA warns of tea sector crisis as fuel prices surge
The Kenya Tea Development Authority KTDA has raised alarm over a deepening crisis in the country’s tea sector, citing rising fuel prices and ongoing conflict…
Business
Court clears path for Diageo’s EABL stake sale to Asahi
Kenyan High Court has cleared the way for British multinational Diageo to proceed with the sale of its controlling stake in East African Breweries Limited…
Business
Zenith Bank completes acquisition of Kenya’s Paramount Bank
Nigeria’s Zenith Bank PLC has officially completed the acquisition of the entire issued share capital of Paramount Bank Kenya Limited, marking its entry into the…
Business
KRA hits Ksh2.038T revenue mark in nine months
The Kenya Revenue Authority has surpassed the Ksh2 trillion mark in cumulative revenue collection for the first nine months of the 2025/26 financial year, signaling…
Business
Somalia registers first flagged ship in over 30 years
Somalia has officially registered its first vessel under the national flag in more than three decades, marking a significant step in rebuilding its maritime sector…
Business
Kenya tea exports stall as Iran conflict disrupts shipping routes
Kenya tea exports have slowed sharply after shipping disruptions linked to the Iran conflict left millions of kilograms of tea stranded at the port of…
Africa
Africa fuel prices spike as Iran war shakes oil supply
African governments are implementing sharp fuel price increases as the Iran war disrupts global oil supply, pushing costs higher and raising inflation concerns across the…