Ruto, Biden announce new investment deals as they seek deeper ties

Kenya, May 23 -- Kenya's President William Ruto and his US counterpart Joe Biden on Thursday announced a raft of multibillion-shilling new investment deals for Nairobi as the two countries marked 60 y... Read More

Special police unit to curb illegal mining in Kenya

Nairobi, April 14 -- Kenya has deployed a special police unit to end widespread illegal exploration of minerals across the country, Mining Principal Secretary Elijah Mwangi has said. The Mining Polic... Read More

Kenya lifts four-year freeze on issuing mining permits

Nairobi, April 8 -- Kenya has started processing permits and licences for mining and prospecting of minerals after more than a four-year hiatus amidst growing concerns among industry players over the ... Read More

Kenyan firms slow hiring, freeze salary increases

Nairobi, April 5 -- Kenyan firms have slowed down hiring of workers and frozen pay raises, citing reduced demand for goods and services amidst biting cash flow problems in a tough economy. Findings o... Read More

Stronger shilling, softer inflation fail to lift business activities

Nairobi, April 4 -- Kenya's private sector activity dropped in March, reversing gains a month ago after some companies experienced cash flow challenges while consumer demand also dropped, according to... Read More

America raises quality check concerns for Kenyan imports

Nairobi, April 3 -- US traders have raised concerns over Kenya's quality and safety checks on imported products, claiming the certification falls short of global best practices, and is not entirely ab... Read More

US flags Kenya over bribes, extortion in public tenders

Nairobi, April 3 -- US firms are losing out on big contracts in Kenya due to bribe requests and extortion from top government officials in what has tilted scales in favour of foreign contractors willi... Read More

KMRC to guarantee cheap home loans for 'hustlers'

Nairobi, April 1 -- The Kenya Mortgage Refinance Company (KMRC) has created a trust that will run a guarantee scheme aimed at cushioning banks and saccos extending home loans to low-income workers, in... Read More

Why firms are stepping up investments in AI

Nairobi, March 31 -- In a business environment where growth is increasingly being driven by innovation and data, Kenya's companies have stepped up investment in generative artificial intelligence. Ch... Read More

How SGR revenues slowed before 50pc train fare raise

Nairobi, March 19 -- Growth in revenue from passenger services on the standard gauge railway (SGR) slowed down substantially before the Kenya Railways Corporation decided to raise fares by half this y... Read More