Kenya

French oil major Rubis has overtaken TotalEnergies Marketing to become Kenya's second largest oil marketer on the basis of market share. New official data from the Energy and Petroleum Regulatory Authority (Epra) shows that Rubis'…

Kenya expects to receive Sh113 billion in the next tranche of loans from the International Monetary Fund (IMF) after making progress in protracted talks that delayed financing from the multilateral lender after new tax measures were…

Africa-focused e-commerce retailer Jumia is counting on a turnaround in its operations in Kenya and three other markets to help it regain lost ground from the closure of its businesses in South Africa and Tunisia. The New York Stock…

In a remarkable achievement, Kenyan wine tasters have bested traditional wine powerhouses such as England at the prestigious World Wine Tasting Championships, often called the “Olympics of Wine”. The event, held in France, sees…

Kenya plans to restrict the export of some minerals in their raw form after the completion of ongoing construction of processing plants, a move that heralds a major policy shift aimed at maximizing profits for the government and…

The national airline has revealed that Parliament, the Ministry of Foreign Affairs and the Kenya Revenue Authority (KRA) owe Kenya Airways Sh3.54 billion. Kenya Airways CEO Allan Kilavuka told the Senate Roads, Transport and Public…

Kenya is making another bid to stop bulk energy billing in US dollars and euros in a bid to lower electricity prices for households and mitigate Kenya Power's foreign exchange losses. The country's energy consumers often complain about…

Kenya Airways (KQ) is looking to save more than Sh209 million from its newly launched thermal diesel and newly acquired Msferi building that is set to house its operations team, helping its efforts return to profitability after years of…

The Department of Energy will accelerate the review of rules on cheap overnight energy costs ahead of the proposed opening of electricity transmission and distribution to the private sector early next year. Cabinet Minister for Energy,…

Kenya has turned to $1.5 billion (Sh193.8 billion) in UAE-backed bonds in the wake of faltering IMF financing to plug the country's financing shortfall as UAE royals seek wider influence in Africa. . The UAE will guarantee the bonds…