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Tea, meat exporters lose Sh11bn in Gulf war in 3 months

Nairobi, Nov. 9 -- Kenyan exporters of meat, tea, and flowers lost Sh11.14 billion in sales to the Middle East in the three months to June 2026 due to largely shipping and air-cargo disruptions trigge... Read More


Mbadi backs law change to shield banks from billions in loan refunds

Nairobi, Nov. 9 -- Treasury Cabinet Secretary John Mbadi has backed the removal of his office from approving interest rate changes in the review of the Banking Act, shielding lenders from refunding bo... Read More


Kenyan firm accuses Zakhem of using liquidation to block its Sh2.2bn claim

Nairobi, Nov. 9 -- A Kenyan engineering firm has accused construction company Zakhem International of using insolvency proceedings to frustrate its efforts to recover Sh2.26 billion from the multinati... Read More


Safaricom, Airtel face scrutiny over premature depletion of data bundles

Nairobi, Nov. 9 -- Premature depletion of mobile data bundles and disputed charges were the biggest source of consumer complaints against telcos in the three months to September, overtaking digital fi... Read More


Absa exits Kenya insurance after Sh3bn buyout by Mudavadi group

Nairobi, Nov. 9 -- Absa Group has completed its exit from direct ownership in two Kenyan insurers following a Sh3 billion buyout by local investors, marking the end of its decade-long investment in th... Read More


Foreign investors take 52.9pc stake in Quickmart after IPO

Nairobi, Nov. 9 -- Foreign investors have kept control of retail chain Quickmart despite anchor owner Adenia Partners selling half of its stake after international funds and institutions snapped up mo... Read More


Safaricom set for higher dividend on profit surge

Nairobi, Nov. 9 -- Safaricom is set to pay a higher dividend for the full year ending March 2027 after posting strong profit growth in the half year, with the momentum expected to carry on to the end ... Read More


Billionaire Munga's Pioneer School ordered to vacate Del Monte land

Nairobi, Nov. 9 -- A school associated with billionaire businessman Peter Munga has been ordered to vacate a 75-acre parcel of land owned by food processing firm Del Monte Kenya in Thika by the end of... Read More


CRBC wins Sh1.2bn city street lighting tender

Nairobi, Nov. 9 -- China Road and Bridge Corporation (CRBC) will install 10,000 streetlights on various roads within Nairobi at a cost of Sh1.2 billion, as the Chinese company known for mega infrastru... Read More


The real game-changer for Kenya's growth lies in geothermal energy

Nairobi, Nov. 9 -- Kenya's most significant underutilised monetisable asset-and one that could set the country apart globally-is probably its geothermal endowment. While Kenya is already recognised a... Read More