Business and Economy

Workers’ pain as fuel prices push inflation to 28-month high

Kenya's inflation accelerated ‌for the second month running in May, hitting its highest in more than two years, largely due to fuel…

5 days ago

Annual Meetings 2026 (AM2026): African…

The African Development Bank Group (www.AfDB.org) and the World Economic Forum (WEF) on Wednesday launched the Humanitarian and Resilience Investing…

6 days ago

South Africa Reserve Bank Hikes Rates 25bps To Fight Inflation

South African Reserve Bank Hikes Rates 25bps to Fight InflationThe South African Reserve Bank (SARB) raised interest rates by 25…

6 days ago

AfDB Commitments to Morocco Hit Record €1.3 Billion in 2025

Marrakech – The African Development Bank’s financial commitments to Morocco reached a record high of nearly €1.3 billion in 2025,…

7 days ago

African Leaders Urge Massive Investment In Energy And Infrastructure At African Development Bank Group’s 2026 Annual Meetings

African leaders called for substantial investment in energy, infrastructure, industrialisation and climate finance, while also emphasising the need for the…

1 week ago

Kenyan Official Rejects New Crypto Tax Claims as Nairobi Tightens Virtual Asset Rules

Key TakeawaysKenyan Treasury CS Mbadi denied reports of new crypto or bread taxes on May 25 to calm public panic.KPMG…

1 week ago

Kenya’s delicate energy balancing act in face of rationing

Kenya Power Managing Director Joseph Siror recently revealed that the utility is forced to ration electricity whenever supply from wind…

1 week ago

With payroll launch, Bujeti just made the HR-finance chaos obsolete

Bujeti, the Y Combinator-backed Finance Control Centre for African businesses, has launched Bujeti Payroll. It is the platform's most…

1 week ago

Kenya under pressure as Uganda issues Sh62bn bond for SGR

Uganda has put pressure on Kenya to connect Malaba to the standard gauge railway (SGR) after it issued a Sh62…

1 week ago

Global Trade Realignment Ignites Bold Investment Surge Across Kenya’s Industrial Supply Chains

A seismic realignment in global trade architectures is fundamentally reshaping foreign direct investment flows into Kenya, transforming the nation from…

1 week ago