Kenya Economy News
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Vodacom Increases Safaricom Stake to 55% in $2.1 Billion Deal
Vodacom has finalized a $2.1 billion deal to acquire a 55% stake in Safaricom, solidifying its control and impacting the Kenyan telecom landscape.
NewsEACC Lists High-Profile Corruption Cases Scheduled for Hearing This Week
EACC lists major corruption cases set for court hearings this week, involving politicians, officials, and business figures. Stay updated on the fight against em
StoriesHow the Eastern Region Music Festivals Are Transforming Wote Town's Local Economy
Explore how the Eastern Region Music Festivals are revitalizing Wote Town's economy by attracting visitors and supporting local businesses, and their role in Mâ
EconomyJabali Towers to Transform Tatu City with Residential, Commercial, and Hospitality Spaces—CRBC to Lead Construction
Discover how Jabali Towers in Tatu City will feature residential, commercial, and hospitality spaces, with CRBC spearheading the construction of this 88,000 sqm
BusinessNSSF Unveils Ambitious Smart City Project Near JKIA to Revamp Kenya’s Urban Landscape
Discover details about the NSSF Smart City near JKIA, a transformative urban development project in Kenya.
InternationalGuo Wengui Sentenced to 30 Years in U.S. Prison Over Billion-Dollar Fraud Scheme
Chinese businessman Guo Wengui sentenced to 30 years in U.S. prison for billion-dollar fraud scheme.
BusinessAbsa Bank Kenya CEO Abdi Mohamed Resigns, Yusuf Omari to Lead as Interim CEO
Absa Bank Kenya's CEO Abdi Mohamed resigns; Yusuf Omari steps in as interim CEO from July 1, 2026, as leadership transition begins.
EconomyState Unveils New Plans to Boost Rice Production Amid Shortage Fears
Government unveils new plans to enhance rice production and ensure food security amid shortage concerns.
EconomyKenya Secures KSH 7.8 Billion Funding from Germany for 2026-2028 Development Projects
Kenya has received KSH 7.8 billion from Germany to fund development projects from 2026 to 2028, boosting infrastructural and social initiatives across the East
BusinessPresident William Ruto Jets out for his sixth official foreign trip in June
President William Ruto's June diplomatic tour includes his sixth official trip to Madagascar for Independence Day celebrations.