The Kenyan shilling has surged against major currencies, with the US dollar trading at Sh131.80 on Wednesday, March 27, 2024. Commercial banks have reported significant gains, quoting the shilling at Sh166.54 against…
Transport Cabinet Secretary Kipchumba Murkomen has struck a deal with the Netherlands government that is poised to transform Kenya’s sea trade sector. This agreement, focusing on boosting horticultural and agro-logistics industries, is…
Kenya and Tanzania on Friday made a significant breakthrough by agreeing to eliminate trade barriers, a move set to strengthen the trade relationship between the two East African countries. Rebecca Miano, Kenya’s…
Tullow Oil Plc on Wednesday, March 6, 2024 unveiled a massive Ksh1.4 billion investment plan that could lead to reduced fuel prices in the country in the foreseeable future. The initiative was…
Deputy President Rigathi Gachagua has said that the government will clear arrears owed to dairy farmers supplying milk to the New Kenya Co-operative Creameries (KCC). Speaking on Friday, March 1, 2024 at…
The Ugandan government has reached an agreement to pay the Kenyan government for transporting its fuel through the Port of Mombasa. This decision follows a meeting between President William Ruto and Ugandan…
The government has joined forces with LIPTON Teas and Infusions, the leading global marketer of Kenyan tea, to elevate tea farming standards and enhance the sector’s growth. This collaboration is set to…
The Energy and Petroleum Regulatory Authority (EPRA) has announced a significant reduction in fuel prices for the month of February. The prices of Super Petrol, Diesel, and Kerosene have been slashed by…
In a move to accommodate the growing number of business class travelers, Jomo Kenyatta International Airport (JKIA) has announced plans to establish a dedicated terminal for high-end travelers. Selina Gor, the airport’s…
The United Kingdom has guaranteed a Sh9.6 billion loan from the African Development Bank (AFDB) to Kenya in climate financing. This is after the country was selected as a beneficiary of the…