News

The AI Boom Has Created Another Trillion Dollar Tech GiantMicron Technology has crossed $1 trillion in market capitalisation for the first time, pushing it into the ranks of the world’s most valuable companies and placing it around 12th globally. The […]

In 2017, Kenya Airways was drowning in debt. To keep the airline alive, the government and 11 banks including KCB Group and Equity Group Holdings converted billions owed to them into shares. The government’s stake jumped from 29.8% to 48.9%. […]

The Finance Bill 2026 has sparked debate over claims that Kenya is introducing a new 25% tax on mobile phones. But according to Treasury CS John Mbadi, the proposal is not about adding a new tax it is about replacing […]

An Initial Public Offering (IPO) is when a private company offers shares to the public for the first time. The Dangote Refinery IPO matters because at a projected $40 to $50 billion valuation, it would be the largest IPO in […]

The Kenya Revenue Authority (KRA) is set to get new powers to tax money that companies keep instead of paying out to shareholders.What KRA intends to doWhen a company makes a profit, it can either share it with shareholders (as […]

The S&P 500 tracks the 500 largest companies listed in the United States. It is the index most global investors use as a benchmark for how American stocks are doing. According to a recent Goldman Sachs note, almost 45% of […]

The government last night moved to defuse a nationwide public transport strike that had brought the country to a standstill. Most shops and businesses in Nairobi and major towns remained shuttered yesterday as protests and the transport stoppage triggered billions […]

Kenya Power has submitted new tariff proposals to EPRA, with revised electricity prices expected to take effect from 1 July 2026. The specific rates remain undisclosed, but the utility is asking for more revenue to upgrade an ageing distribution network, […]

The government’s effort to make kerosene affordable has created an unintended consequence. Diesel currently costs about Sh243 per litre in Nairobi while kerosene goes for roughly Sh153 a gap of over Sh90. That difference exists because the state heavily subsidises […]

Kenyans are now paying the highest fuel prices in history. Diesel has jumped by KSh 46.29 to KSh 242.92 per litre, petrol is up by KSh 16.63 to KSh 214.25, and kerosene holds at KSh 152.78 kept there only by […]