Kenya
Breaking business news, investment opportunities, and market analysis from Kenya. Coverage of Nairobi, fintech, infrastructure, and East African trade.
Kenya halts rate cuts at 8.75% on oil price risk
Kenya's CBK paused its rate-cutting cycle at 8.75% after 10 consecutive cuts, citing oil price risks from the Iran war,…
Vodacom takes control of Safaricom in $1.6bn deal
Kenya's parliament approved Vodacom's $1.6bn purchase of the government's 15% Safaricom stake, giving South Africa's Vodacom 55% majority control of…
Thailand seals $4.6m in Nairobi tech deals
Thailand sealed $4.6 million in tech deals on day one of a Nairobi business matching event, with 73 Kenyan firms…
KRA puts 22 million Kenyans on WhatsApp tax
KRA's new WhatsApp chatbot Shuru targets 22.6 million potential taxpayers, cutting the filing process from eight steps to three with…
Newsletter
South Africa’s June 30 shutdown arrives
Anti-immigration protesters marched across South Africa's major cities on June 30, the deadline set by…
US-Iran truce sends oil crashing
A US-Iran ceasefire agreement and the reopening of the Strait of Hormuz have sent Brent…
MTN’s MoMo is going super app
MTN Group Fintech has partnered with Ant International, the global payments firm behind Alipay, to…
AfDB backs Arua airport in Uganda
The African Development Bank has approved $180 million to upgrade Uganda's Arua Airport into an…