Business
Showing 20 articles
Bolt Plus vs the 18% Cap: Why Subscriptions Are Becoming Ride-Hailing's New Battleground in Kenya
Bolt has launched a paid membership for riders in Kenya about six weeks after the High Court blocked...
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Airtel Money’s $7 Billion London Listing Forces Valuation Reckoning for East African Fintech
Airtel Money has formally set the pricing for its initial public offering on the London Stock Exchan...
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Dangote IPO in Kenya: What the KSh535 GDR Minimum Means for Retail Investors
Kenyan retail investors can now join the Dangote Petroleum Refinery IPO for as little as KSh535, aft...
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KRA Misses First-Quarter Revenue Target by Sh58.2 Billion as Deficit Runs Almost Double Treasury Projection
The Kenya Revenue Authority (KRA) fell Sh58.2 billion short of its ordinary revenue target in the fi...
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Quickmart Plans NSE Listing: Owners to Sell Half the Supermarket Chain, With No Cash for the Retailer
Quickmart PLC, Kenya's second-largest supermarket chain, has announced plans to list on the Nairobi ...
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Avocado Exporter Karakuta Files for NSE Listing as Exports Fall 60% and Market Posts Record Loss
Karakuta Fresh Produce, a Juja-based exporter of Hass and Fuerte avocados and fresh herbs, has appli...
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High Court Voids Safaricom's 15% Stake Sale to Vodacom, Reopening Kenya's Biggest Privatisation Deal
Kenya's High Court has nullified the government's sale of a 15 percent stake in Safaricom PLC to Vod...
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Twiga Foods' Core Operating Entity Enters Statutory Administration After Years of Creditor Pressure
GT Flow Limited, the operating entity formerly known as Twiga Foods One Limited, has been placed und...
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Airtel Africa Winds Up Kenyan Wholesale Fibre Unit After Two Years of Zero Revenue
Airtel Africa has begun the formal liquidation of Airtel Kenya Telesonic Limited, the wholesale fibr...
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Uber's African Retreat Deepens as Nigeria and Uganda Exits Coincide With Global Job Cuts
Uber Technologies has shut down its ride-hailing operations in Nigeria and Uganda, effective Septemb...
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Jumia Kenya Posts Record Sh6.4 Billion Quarter as Fashion Sales Offset a Smartphone Slump
Jumia's Kenyan business recorded Sh6.4 billion ($49.7 million) in sales in the three months to June ...
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Kenya's Cyber Cafés Must Now ID Every Customer as New CA Rules Take Effect Friday
Anonymous browsing at Kenya's neighbourhood cyber cafés ends on Friday, August 14, 2026. New licensi...
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X and YouTube Just Rewrote How Creators Get Paid, and Publishers Are Reminded Who Really Owns the Platform
Two of the biggest distribution platforms for publishers announced sweeping changes to how they pay ...
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Nigeria Plots 24 New Refineries to Overtake US and Iran in Global Refining Race
According to a new report by US-based energy research firm Industrial Info Resources (IIR), cited by...
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Visa Names Anne Kinuthia-Otieno as Head of East Africa, Days After Airtel Money Exit
Visa has appointed Anne Kinuthia-Otieno as its new Vice President and Head of East Africa, effective...
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Airtel Money Kenya Loses the MD Who Took It From Also-Ran to Real Rival
Anne Kinuthia-Otieno has stepped down as Managing Director of Airtel Money Kenya, closing out nearly...
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From Research to Revenue: Why Kenyan Universities Struggle to Commercialize IP
Every semester, labs at the University of Nairobi, JKUAT, Strathmore, MUST, and dozens of other inst...
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Why Satellite Towns Stopped Being Nairobi's Affordable Escape
For most of the last decade, moving to a satellite town was the default answer for Nairobi buyers pr...
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The Great Nairobi Divide: Why Houses Are Booming While Apartments Correct
Nairobi's property market is no longer one market. In the same quarter, standalone houses in suburbs...
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Uber Is Buying Glovo's Parent Company. In Kenya, That Means One Firm Could Soon Own Two of the Three Biggest Delivery Apps
Uber has agreed to acquire German food-delivery group Delivery Hero for $14.8 billion, a deal that w...
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