Kenya

An escalation of the conflict in the Middle East will push crude prices above $100 a barrel, the World Bank has warned, presenting a fresh inflation headache to consumers and central banks that have been looking to cut rates to stimulate…

Uganda has yet to withdraw the case against Kenya, raising doubts about the truce the two countries entered into to allow the Uganda National Oil Company (UNOC) to import fuel through the port of Mombasa. Deputy Registrar of the East…

Britain has provided 1.1 billion shillings (£6.6 million) to Kenya to help 10 counties access green finance to fund environmental projects. The UK government said the money will fund devolved units to direct investment towards sectors…

The National Assembly has approved the Kenya-EU Economic Partnership Agreement (EPA), a trade deal that guarantees traders duty-free (no taxes) and quota-free (unlimited exports) access to the €13 trillion European market. ) conditions.…

Electricity distributor Kenya Power plans to invest Sh258 million in buying electric vehicles and setting up related infrastructure over the next three years to boost the uptake of e-mobility. In a statement, the utility said the sum…

Kenya Seed Company is targeting to increase acreage under maize seed production from 36,000 currently to more than 41,000 acres the next planting season, to meet the growing national demand from farmers. This is an equivalent of 50…

The African CDC has faulted US biotech firm Moderna for halting its plans to set up a vaccine manufacturing plant in Kenya. In a statement released on Monday, the African CDC expressed disappointment at Moderna's move, claiming that…

The legendary management guru Peter Drucker once said, “Culture eats strategy for breakfast”. His often-quoted observation was probably borne out of the realisation that there is little that an organisation can achieve if the people…

The Treasury has made a U-turn on its pledge to end financial support to Kenya Airways (KQ) amid delays in securing a strategic investor for the loss-making national carrier. KQ has disclosed that Treasury, the principal shareholder of…

Own-source power generation by individuals and firms surged by 60 percent last year as more electricity consumers in Kenya sought cheaper alternatives and cut reliance on Kenya Power, weakening the base of big consumers that subsidise the…