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CAK's Sh15 billion demand blocks Diageo's EABL sale

Nairobi, Aug. 16 -- The Competition Authority of Kenya (CAK) is demanding that East Africa Breweries Limited (EABL) establish a Sh15.5 billion reserve fund before approving Diageo's sale of 65 percent... Read More


Fitness addicts: Why working out is not optional

Nairobi, Aug. 16 -- For Caleb Mogoa, going to the gym is not optional. Even when he is unwell, the software developer says he still makes his way to his workout. "I work from home, so if I do not go ... Read More


Wetang'ula directs probe into crypto firm's Kenya operations

Nairobi, Aug. 15 -- The National Assembly Finance and National Planning Committee has been directed to investigate the operations of QVSE, which is offering investment opportunities to Kenyans by comb... Read More


Old Mutual injects Sh1.2bn capital into Faulu Microfinance Bank

Nairobi, Aug. 15 -- Old Mutual has injected an additional Sh1.2 billion into its subsidiary Faulu Microfinance Bank as the lender steps up investments in technology, including its core banking system,... Read More


The tailor who treats his physique as a marketing tool

Nairobi, Aug. 15 -- At 37, John Mathegi says he feels stronger than he did in his 20s. As he approaches 40, he is betting that the physical and financial foundation he is building today will give him ... Read More


Diesel consumers miss Sh14-a-litre cut as State shifts relief to petrol

Nairobi, Aug. 14 -- Diesel consumers have been denied a Sh14-a-litre cut in the new fuel pricing cycle, which runs through September 14, after the State opted to transfer the relief to petrol and kero... Read More


Vodacom expands Safaricom board control after Sh204bn stake deal

Nairobi, Aug. 14 -- South Africa's Vodacom has added two directors to Safaricom's board in a shake-up that reflects its increased ownership of the Kenyan company following its acquisition of a 15 perc... Read More


Vodacom shakes up Safaricom board after Sh204bn share deal

Nairobi, Aug. 14 -- South Africa's Vodacom has added two directors to Safaricom's board in a shake-up that reflects its increased ownership of the Kenyan company following its acquisition of a 15 perc... Read More


State ordered to table rice import records in transparency push

Nairobi, Aug. 14 -- The High Court has ordered the government to file a status report on the importation of 490,000 tonnes of duty-free rice authorised under a Gazette Notice published last month. Th... Read More


Kenya to push for Agoa tariff refunds for its exporters

Nairobi, Aug. 14 -- The Trade Ministry has pledged to help Kenya exporters recover tariffs paid during the four-month lapse of the US' preferential African Growth and Opportunity Act (Agoa) trade pact... Read More