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Business news highlights

Costly imports as shilling hits new all-time low

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Business Daily | by Elizabeth Kivuva The Kenyan shilling is under fresh pressure against the dollar after it hit a new record low on Monday,...
avocado processing, export processing, agriculture

Avocado exports resume as rival producers keep off

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Business Daily | by Gerald Andae The horticulture regulator has opened the export window for avocado to overseas markets as Kenya seeks to capitalise on...

StanChart eyes a share of Kenya’s rising e-commerce

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Business Daily | by Edna Mwenda Standard Chartered Plc is set to enter the local e-commerce business through Solv, an India-based technology firm in which...

State to reveal names, homes of tender tycoons in graft fight

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Business Daily | by Otiato Guguyu The State will start making public the names, residential addresses and occupation of secret shareholders in companies that clinch...

Economists cut Kenya’s growth outlook on poll jitters

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Business Daily | by Constant Munda Global economists have marginally cut Kenya’s growth outlook for 2022 largely on rising external debt costs and reduced investor...
kenya power, electricity bills, electricity costs, electricity supply

Kenya Power half-year net profit up Sh3.8 billion

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Business Daily | by Brian Ngugi Kenya Power's net profit for the six months to December jumped over 27 times to Sh3.81 billion from Sh138...

DStv limits streaming to single device at a time

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Business Daily | by Kevin Rotich Pay TV brand DStv will limit streaming services to only one device in a decision aimed at curbing fraud...
safaricom house

Safaricom interim dividend jumps 41pc to Sh25.6 billion

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Business Daily | by Otiato Guguyu Safaricom is set to pay an interim dividend of Sh25.64 billion equivalent to Sh0.64 per share. The dividend will be...