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Kenya: Number of ATMs Falls Amid Shift to Digital Banking
Business

Kenya: Number of ATMs Falls Amid Shift to Digital Banking

The number of Automated Teller Machines (ATMs) in Kenya decreased by 2.66 percent in 2025, reducing the total to 2,228, according to recent data. This decline reflects a broader trend as both banks and customers incre…

Sep 23, 2026
Questions swirl over opaque Sh26 billion maize import tender
Business

Questions swirl over opaque Sh26 billion maize import tender

A controversial Sh26 billion maize import tender in Kenya has stirred significant debate amid the country's ongoing food security challenges. The tender involves importing 540,000 metric tonnes of maize from Zambia, a…

Sep 23, 2026
KRA Seizes 53,000 Under-Declared Smartphones at Eldoret Airport
Business

KRA Seizes 53,000 Under-Declared Smartphones at Eldoret Airport

The Kenya Revenue Authority (KRA) has confiscated a substantial shipment of 53,000 smartphones at Eldoret International Airport. The high-end devices, which include popular models such as the Samsung Galaxy S26 Ultra…

Sep 23, 2026
Ruto Says Kenya Ready to Begin Work on Dangote Oil Refinery
Business

Ruto Says Kenya Ready to Begin Work on Dangote Oil Refinery

Kenya is preparing to break ground on a Sh2.2 trillion oil refinery in Lamu, with President William Ruto saying the project is ready to move into construction. The refinery is being developed by Nigerian billionaire A…

Sep 21, 2026
Kenyans Warned Against Fake Dangote Refinery IPO Investment Offers
Business

Kenyans Warned Against Fake Dangote Refinery IPO Investment Offers

CMA warns Kenyan investors over unauthorised Dangote refinery IPO offers Kenya’s Capital Markets Authority (CMA) has warned investors against unauthorised offers to sell shares in Dangote Petroleum Refinery, saying th…

Sep 21, 2026
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Nigerians Show Pride in Oil Wealth with Share Buying Frenzy
Business

Nigerians Show Pride in Oil Wealth with Share Buying Frenzy

In a remarkable display of economic empowerment and a burgeoning sense of ownership, Nigerians are fervently participating in a share-buying frenzy involving the oil refinery owned by Aliko Dangote, Africa's wealthies…

Sep 19, 2026
Uganda: KCB Bank Backs Uganda's Push for Mineral Value Addition
Business

Uganda: KCB Bank Backs Uganda's Push for Mineral Value Addition

KCB Bank Uganda has reiterated its commitment to bolstering Uganda's industrialization efforts by providing financial solutions to the mining and minerals sector. This announcement comes as Uganda intensifies its init…

Sep 19, 2026
Kenya Revenue Authority Intercepts Smuggled Goods Worth Sh46.7mn
Business

Kenya Revenue Authority Intercepts Smuggled Goods Worth Sh46.7mn

The Kenya Revenue Authority (KRA) has successfully intercepted a significant consignment of smuggled goods en route to Nairobi, with an estimated value of Sh46.77 million. The goods, which included cigarettes, shisha…

Sep 19, 2026
Bolt Comfort Rides Grow Sixfold in Kenya
Business

Bolt Comfort Rides Grow Sixfold in Kenya

Bolt, a leading ride-hailing service, has experienced a dramatic surge in the uptake of its Comfort rides in Kenya, with a sixfold increase over the past year. This rapid expansion of Bolt's premium category has been…

Sep 16, 2026
High Court Declares Safaricom Share Sale to Vodacom Illegal and Unconstitutional
Business

High Court Declares Safaricom Share Sale to Vodacom Illegal and Unconstitutional

The High Court has declared the government’s sale of a 15 per cent stake in Safaricom PLC unconstitutional, illegal and void, ordering that the shares be returned to State ownership. A three-judge bench comprising Jus…

Sep 15, 2026
Finance Should Work Around How Customers Actually Earn, says Watu Kenya's Damien Gueroult
Business

Finance Should Work Around How Customers Actually Earn, says Watu Kenya's Damien Gueroult

In the evolving landscape of financial services in Kenya, Watu Kenya's Country Manager, Damien Gueroult, emphasizes the importance of understanding the unique earning patterns of customers outside traditional banking…

Sep 13, 2026
Kenya Rebuilds The Cotton Chain From Field To Fabric
Business

Kenya Rebuilds The Cotton Chain From Field To Fabric

Kenya is witnessing a revival of its cotton industry as farmers in coastal regions are returning to cotton cultivation. This resurgence is being bolstered by the establishment of a new ginnery, along with efforts to r…

Sep 11, 2026
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Africa's Factories Transform into Self-Sufficient Power Stations Amid Energy Challenges
Business

Africa's Factories Transform into Self-Sufficient Power Stations Amid Energy Challenges

Africa's industrial landscape is witnessing a significant transformation as factories increasingly become self-reliant power producers. This shift is in response to persistent energy challenges that have historically…

Sep 11, 2026
MKU's Walker E Humanoid Robot Makes Historic TV Debut in Kenya
Business

MKU's Walker E Humanoid Robot Makes Historic TV Debut in Kenya

The Walker E humanoid robot developed by Mount Kenya University (MKU) made its television debut in Kenya, showcasing the institution's advancements in technology and innovation. The unveiling of this robot marks a sig…

Sep 9, 2026
Zimbabwean Tycoon Chivayo Says $200m Kenya Investment Is Finally Taking Shape After Ruto Meeting
Business

Zimbabwean Tycoon Chivayo Says $200m Kenya Investment Is Finally Taking Shape After Ruto Meeting

Zimbabwean businessman Wicknell Chivayo's ambitious US$200 million investment plan in Kenya is moving forward, marking an important development in cross-national economic relations between African nations. The progres…

Sep 9, 2026
Innovative AI Tool Developed to Identify Mental Health Crises in Social Media Posts
Business

Innovative AI Tool Developed to Identify Mental Health Crises in Social Media Posts

A Kenyan data scientist has developed an artificial intelligence (AI) tool aimed at detecting hidden mental health crises in social media posts. This innovative technology is designed to analyze user-generated content…

Sep 8, 2026
Centum taps insider as Mworia exits after nearly two decades
Business

Centum taps insider as Mworia exits after nearly two decades

Centum Investment Company PLC, a prominent Kenyan investment firm, has announced the appointment of Thomas Omondi-Achola as its acting group CEO. This strategic transition comes in the wake of the departure of long-se…

Sep 8, 2026
Kenya Partners with UN Agency to Accelerate Nuclear Plant Development by 2034
Business

Kenya Partners with UN Agency to Accelerate Nuclear Plant Development by 2034

Kenya has announced plans to collaborate with a United Nations agency to expedite the establishment of its first nuclear power plant, aiming for completion by 2034. This initiative represents a significant advancement…

Sep 7, 2026
Dangote Refinery Sets IPO Price At $0.40 Per Share After SEC Approval
Business

Dangote Refinery Sets IPO Price At $0.40 Per Share After SEC Approval

The Dangote Petroleum Refinery, a key player in Nigeria's oil industry, has taken a significant step towards public ownership with the announcement of its initial public offering (IPO) price. Approval from Nigeria's S…

Sep 5, 2026
Thousands of Kenyan Jobs Saved as Trump Extends Agoa to 2028
Business

Thousands of Kenyan Jobs Saved as Trump Extends Agoa to 2028

US President Donald Trump has approved a two-year extension of the African Growth and Opportunity Act (Agoa), securing duty-free access to the American market for Kenya’s textile and apparel exporters until the end of…

Sep 5, 2026
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