Work on 612km Lake Victoria Ring Road Set to Start Before Year-End
The World Bank-backed highway will link Busia, Siaya, Kisumu, Homa Bay and Migori, with a groundbreaking planned for November.
Business & Economy
Markets, the economy, companies, jobs and the money stories that affect Kenyan households and businesses.
Shilling Holds Steady Despite Dip in September Diaspora Remittances
Inflows from Kenyans abroad fell to US$438.5 million in September, but the shilling stayed below Ksh130 to the dollar, supported by reserves worth 5.9 months of…
Kenya’s Economy Grows 5.1% in Second Quarter Despite Oil Price Shock
Growth quickened from 4.9% a year earlier, led by electricity, hospitality and ICT, even as the average price of crude oil rose above US$100 a barrel.
The Race for Mrima Hills: Why Global Powers Want Kenya’s Rare Earths
A hill in Kwale County holds one of the world's notable deposits of niobium and rare earths. The US, China, Australia and Ethiopia are all paying…
Ruto Signs Law Adding Ports Chief to KRA Board
The Kenya Revenue Authority (Amendment) Act makes the Kenya Ports Authority managing director a KRA board member and extends the reduced 8% VAT rate on fuel…
Fuel Prices Rise as Super Petrol Hits Ksh226.96 in Nairobi
EPRA's October review raises super petrol by Ksh12.93, diesel by Ksh9.90 and kerosene by Ksh28.49 a litre, citing higher landed costs of imported fuel.
