BUSINESS NEWS
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A recent Pew Research Center survey reveals a notable shift in Kenya’s economic preferences, with China equalling the United States in favourability for the first time.
According to the survey conducted between January and April 2025, approximately half of Kenyan respondents view Beijing as…
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Kenyan motorists are experiencing a sharp rise in fuel prices after the government opted to withhold the fuel stabilisation subsidy for the second consecutive month.
This decision, effective until 15 August, has ignited public concern over the escalating cost of living. The latest fuel price…
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Kenya's Betting Control and Licensing Board (BCLB) is spearheading sweeping regulatory reforms aimed at tightening control over the country's burgeoning betting industry.
The proposals, which include significantly increased capital thresholds for licensing and stricter advertising standards,…
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Kenya Airways has strategically bolstered its presence in the United Kingdom by launching three weekly flights to London Gatwick Airport, supplementing its existing daily service to Heathrow.
The inaugural Gatwick flights, scheduled for Wednesdays, Fridays, and Sundays, are projected to break…
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Renewed hostilities between Israel and Iran pose a significant threat to Kenya's tea industry, disrupting vital trade and straining an already vulnerable market.
The timing of the conflict is especially precarious, as it coincides with ongoing efforts to bolster bilateral trade between Kenya…
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Kenyan businesses, particularly those reliant on the nation's critical ports, are on high alert as escalating tensions between Israel and Iran threaten to disrupt global trade routes and supply chains.
The conflict, ignited by an Israeli airstrike on Iran, has already prompted flight…
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Kenya has been granted an extension by the East African Community (EAC) Council of Ministers to continue importing wheat and rice at preferential duty rates, a move announced by Treasury Cabinet Secretary John Mbadi during the 2025 Budget Speech.
This decision allows millers to import wheat…
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Treasury Cabinet Secretary John Mbadi is scheduled to address Parliament this afternoon, unveiling the government's budget estimates and revenue-raising strategies for the 2025/2026 financial year.
Mbadi, a seasoned politician with 15 years of legislative experience, now transitions into his…
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Nyahururu, once a quaint stopover celebrated for its waterfalls and highland climate, is undergoing a significant transformation into a thriving economic and lifestyle destination.
Driven by strategic investments and evolving tourism trends, the town is shedding its transient image and…
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Kenya's Money Market Funds (MMFs) continue to hold a commanding position within the country's collective investment schemes, according to the latest quarterly report from the Capital Markets Authority (CMA).
The report, released this week, highlights the significant asset allocation trends…
