BUSINESS NEWS
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The Kenyan government has introduced new regulations allowing private firms to offer their liquefied petroleum gas (LPG) terminals for common use under an Open Tender System (OTS) to import cooking gas.
The Energy and Petroleum Regulatory Authority (Epra) confirmed that the Petroleum (Operation of…
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A pharmacist in Migori County is converting discarded plastic jerrycans and glass bottles into functional household items, providing a new source of income while addressing local waste challenges.
Nixtone Ambiche, 33, began his craft out of financial necessity after being unable to afford medical…
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Africa’s tourism sector is struggling to keep pace with digital transformation, industry leaders warned at the Africa TravelTech Summit and Expo 2025 in Nairobi.
Held over two days at the Argyle Grand Hotel near Nairobi Airport, the summit brought together tourism professionals, technology…
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Kenya is set to sign a new bilateral trade agreement with the United States by the end of the year, offering critical support to its textile and apparel industry as the future of the Africa Growth and Opportunity Act (AGOA) remains uncertain.
President William Ruto announced the expected deal…
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Nairobi City County has directed all traders within a 20-kilometre radius of designated centres to present their weighing and measuring equipment for mandatory inspection between August and November 2025.
The phased verification exercise is being carried out by the County Directorate of Weights and…
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President William Ruto has officially launched construction of the Vipingo Special Economic Zone (SEZ) in Kilifi County, a major industrial development expected to attract Sh390 billion in investment and create over 35,000 direct jobs.
Located 42 kilometres north of Mombasa, the Vipingo SEZ covers…
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Kenya’s credit scoring system is facing scrutiny as rising living costs drive increased borrowing through digital lenders, who now disburse more than Ksh10 billion each month.
Speaking on NTV on Tuesday, 16 September, Sam Omukoko, Managing Director of Metropol Corporation Credit Reference Bureau,…
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Businesses in Kenya are facing rising borrowing costs, driven by higher interest rates, limited access to capital, and increased competition for domestic funds.
A new report by Moody’s Ratings highlights worsening credit conditions in several African economies, with Kenya, Nigeria, and South Africa…
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The Kenyan government has announced plans to reform the Miraa sector by introducing cooperatives to oversee production and expand access to international markets.
The Ministry of Cooperatives intends to establish dedicated Miraa cooperatives to regulate the crop’s production and trade. The move…
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Kenya’s agriculture and hospitality sectors are reporting increased hiring activity, even as most other industries reduce recruitment due to rising costs and delayed government payments.
Data from the Central Bank of Kenya (CBK) shows that these two sectors are among the few maintaining a positive…
