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Cooking gas price set to rise amid Middle East disruptions

Nairobi, Sept. 22 -- Cooking gas prices are set to rise next month, driven by a surge in the cost of two key ingredients used to produce liquefied petroleum gas (LPG), industry executives said, citing... Read More


Court orders buy-out in fight over firm founded on friendship

Nairobi, Sept. 22 -- What happens when a business built on a romantic relationship survives long after the bond itself has collapsed? The High Court has declined to liquidate a company founded and ru... Read More


Kenyan workers who have found success in Romania food industry

Nairobi, Sept. 22 -- Hilda Mwangi left Kenya expecting to build a career at sea. Four years later, she is in Bucharest, making croissants, cinnamon rolls and fruit pastries in a small bakery. She is ... Read More


Mortgage financiers issue new Sh28bn loans as rates fall

Nairobi, Sept. 22 -- Lower borrowing costs, larger loans and longer repayment periods drove the mortgage market to a decade-long record growth of Sh27.9 billion last year, helping revive home financin... Read More


Kenya Power slashes finance costs after paying Sh8bn StanChart loan

Nairobi, Sept. 22 -- Kenya Power cut its outstanding debt by Sh7.82 billion in the year ended June 2026 after paying down the last instalment of a 10-year, $350 million (Sh45 billion at current exchan... Read More


State orders probe into NHIF Sacco

Nairobi, Sept. 22 -- The government has ordered an inquiry into the financial health and governance structures of the NHIF Sacco, coming hot on the heels of a warning over possible liquidation of the ... Read More


Kampala and Dar extend dominance over Nairobi in warehouse rent yield

Nairobi, Sept. 22 -- Kampala and Dar es Salaam posted higher yields on prime warehouse rents compared to Nairobi in the first half of 2026, extending dominance in investment return over the Kenyan cap... Read More


Kenyans with over half a million in bank revealed

Nairobi, Sept. 22 -- The number of bank accounts holding more than Sh500,000 increased by 5.7 percent last year amid rising income inequality as top earners and firms increased their savings. Central... Read More


Battles over 'goodwill' expand as manufacturers, distributors pull apart

Nairobi, Sept. 21 -- For nearly two decades, a local building-materials distributor, Space and Style Limited, helped build the Kenyan market for New Zealand roofing brand Decra. But when the roofing ... Read More


IMF backs central banks' currency interventions to ease financial shocks

Nairobi, Sept. 21 -- The International Monetary Fund (IMF) has backed central banks' interventions in the foreign exchange market to address fluctuations emerging from financial shocks like increased ... Read More