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Business news highlights

Power, car prices to rise as shilling hits new low

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Business Daily | by Otiato Guguyu The cost of imported goods like cars, electronics and second-hand clothes as well as that of electricity will increase...

Kenya sends team to unlock EU mango ban

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Business Daily | by Gerald Andae Kenya has dispatched a delegation to Brussels to lobby for resumption of mango exports to the lucrative European Union...

Treasury revives LPG subsidy plan

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Business Daily | by Charles Mwaniki The Treasury has signalled a revival of the stalled subsidy scheme for affordable cooking gas, with the inclusion in...
cooperative bank of kenya

Co-op Bank profit rises 18.9pc to Sh12bn

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Business Daily | by Victor Juma Co-operative Bank posted an 18.9 percent net profit increase in the nine months to September on higher interest and...

Lawmakers oppose renewal of multinational firms’ leases

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People Daily | by Hillary Mageka A section of senators from the Rift Valley region have threatened to block the renewal of leases for huge...

Africa’s mobile subscribers to wait longer for cheaper call rates

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The Standard | by Brenda Kerubo African Great Insights data indicates the free trade area would also grow the middle-class from 350 million to 600...
train cargo, standard gauge railway, sgr, mombasa terminus

Mombasa SGR trains fully booked over a month to Christmas

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Business Daily | by Bonface Otieno The standard gauge railway (SGR) passenger service from Nairobi to Mombasa is fully booked ahead of Christmas in a...
kenya power electricity supply ketraco

Last Mile project hitches burn Kenya Power

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Business Daily | by Kevin Rotich When Kenya in 2015 set out on an ambitious plan to connect over two million households to the electricity...