4 hrs ago

Counties urged to boost cooperative funding ahead of Ushirika Day celebrations

NAIROBI, Kenya July 2 – The Cooperative Alliance of Kenya (CAK) has called on county governments to increase budget allocations towards the promotion and development of cooperative societies, citing their critical role in advancing food security, rural wealth creation, and financial inclusion. Speaking during a media briefing ahead of the 2025 Ushirika Day celebrations, CAK […]

7 hrs ago

Many Kenyans knowingly buy fake products – report

Kenyans have had bad experiences with fake products, particularly in sectors such as automotive...

7 hrs ago

Legislators take KenGen to task over Sh378m stalled power projects

The eight projects, whose feasibility studies were conducted between five to 12 years ago, have...

8 hrs ago

Qantas data breach exposes up to six million customer profiles

JULY 2 – Qantas is contacting customers after a cyber attack targeted their third-party customer service platform. On 30 June, the Australian airline detected “unusual activity” on a platform used by its contact centre to store the data of six million people, including names, email addresses, phone numbers, birth dates and frequent flyer numbers. Upon […]

8 hrs ago

Mobile data boosts credit access, income in Kenya, study

NAIROBI, Kenya, July 2 – A new study by researchers from Harvard Business School, the University of California, Berkeley, and partner institutions has found that mobile phone data can play a significant role in expanding access to credit and improving financial well-being in Kenya. The research, titled “Digital Lending and Financial Well-being: Through the Lens […]

11 hrs ago

How ‘blood gold’ is fuelling conflict in West Africa

JULY 2 – It has been a good year for gold. A host of turbulent events in the global economy has driven up prices for the glittery commodity to record highs in 2025. In a world of tariffs and international conflict, gold appeals to investors as one of the few remaining stable assets. Everyone wants […]

11 hrs ago

Kenya tops East Africa in development aid, PwC

NAIROBI, Kenya, July 2 – Kenya has emerged as the leading destination for international development aid in East Africa, according to a new report by PwC, underscoring its strategic importance amid shifting global priorities and tighter funding conditions. The International Development Sector Landscape Survey Kenya Report, launched this week, shows that 94 percent of funding […]

12 hrs ago

Ruto urges stronger UK-Africa investment ties

NAIROBI, Kenya, July 2 – President William  has rang the symbolic opening bell at the London Stock Exchange (LSE), championing deeper investment ties between the United Kingdom and Africa as part of an ongoing Africa-focused investment forum. The head of state took the moment to call for expanded collaboration to unlock the continent’s development potential […]

14 hrs ago

Trump threatens Japan with tariff up to 35% as deadline looms

JULY 2 – US President Donald Trump has threatened to impose a “30% or 35%” tariff on Japan if a deal between the two countries is not reached before a deadline next week. That would be well above the 24% tariff Japan was hit with as part of Trump’s so-called “Liberation Day” on 2 April, […]

14 hrs ago

Qatar Airways adds one daily flight to Doha-Nairobi route

NAIROBI, Kenya, July 2 – Qatar has increased the number of daily flights between Doha and Nairobi to three as the airline seeks to grow the passenger numbers on the route. This was announced during the signing of a codeshare agreement between Kenya Airways and Qatar Airways in the Middle East country. Under the deal, […]

14 hrs ago

Cane delivery dips to 17-month low amid factory lease chaos

Fall in supply was reflected in reduced volumes of sugar produced in Kenya.

14 hrs ago

Why ads perform better on news websites than apps in Kenya

Why ads perform better on news websites than apps in Kenya

16 hrs ago

Kenya to join European Development Bank after Parliamentary approval

NAIROBI, Kenya, July 1 — Kenya is set to become a member of the European Bank for Reconstruction and Development (EBRD) following unanimous approval by the National Assembly, marking a significant step in the country’s push for enhanced infrastructure development and economic growth. The ratification positions Kenya as the sixth African country—after Benin, Côte d’Ivoire, […]

16 hrs ago

Musk’s X appoints ‘king of virality’ in bid to draw in younger users

JULY 2 – Elon Musk has appointed a product developer responsible for several successful youth-focused social media apps to a senior role at X. Nikita Bier has been made X’s head of product three years after publicly suggesting on the platform – then known as Twitter – that it should employ him. “I’ve officially posted […]

Yest 13:20 PM

Jubilee Allianz gets Sh2.75bn shareholder capital boost

NAIROBI, Kenya, July 1 – Jubilee Allianz General Insurance (Kenya) Limited has received a capital injection of Sh2.75 billion from its shareholders, enabling the insurer to meet the Insurance Regulatory Authority’s (IRA) capital adequacy requirements. The fresh capital now places the company above the 100 percent threshold for capital adequacy ratio, a key metric used […]

Yest 13:20 PM

Germany’s unemployment rate holds steady at 6.2pc in June

BERLIN, July 1 (Xinhua) — Germany’s unemployment rate remained unchanged at 6.2 percent in June, the Federal Employment Agency reported Tuesday. A total of 2.914 million people were registered as unemployed during the month, a decrease of 5,000 compared to May. Despite the slight month-on-month improvement, officials cautioned that the labor market continues to suffer […]

Yest 12:14 PM

New KCC re-advertises CEO post

NAIROBI, Kenya, July 2 – The New Kenya Cooperative Creameries (New KCC) has reopened the search for a new Managing Director, marking the second attempt to fill the top post following the expiry of Nixon Sigey’s extended term. In a public notice, the New KCC board invited qualified candidates to apply, citing the need […]

Yest 11:32 AM

Is the ‘big, beautiful’ India-US trade deal in trouble?

JULY 1 – Is the “big, beautiful” India-US trade deal slipping out of reach? With just days to go before a 9 July deadline set by US President Donald Trump’s administration, hopes of clinching an interim trade pact between Delhi and Washington remain alive but increasingly entangled in hard bargaining. Despite White House Press Secretary Karoline […]

Yest 11:29 AM

Collaboration aids Kenya’s EV adoption

NAIROBI, Kenya, July 1 – Just off Nairobi’s busy Mombasa Road, beside the untamed beauty of Nairobi National Park, a quiet revolution is gaining momentum — one that is steadily transforming urban transport across Africa. Inside the Roam assembly plant, over 300 workers are busy assembling electric motorcycles, locally known as boda bodas — referring […]

Yest 11:26 AM

Elumelu Foundation, UBA Kenya empower entrepreneurs at Nairobi Mixer

NAIROBI, Kenya, July 1 – A new chapter in Kenya’s entrepreneurial story was written this week as the Tony Elumelu Foundation (TEF), in partnership with UBA Kenya, convened a high-level mixer bringing together entrepreneurs, mentors, and ecosystem players at UBA House in Nairobi’s Westlands. Dubbed the “Entrepreneurship Ecosystem Mixer,” the event was aimed at fostering […]