Home » Business news » Page 31

Business news

Company-sponsored medical covers in pain

Companies in Kenya spend millions of shillings on employee medical schemes annually, making it...

PayPal freezes, blocks Kenya accounts in money-laundering fears

The American firm told the affected users that the remaining balances may be held for up to 180...

New face of Kenya’s orchestral culture

Kenya’s orchestral scene is becoming more youthful and inclusive, as younger audiences...

New formula dims hope of June diesel price cuts

Under the old formula, shipments that arrived between May 1 and May 14 would have used the...

Public debt surges Sh533bn in first quarter of 2026

The rise in debt comes even as the government has accelerated a series of liability management...

Kenya Railways defends Sh12bn city rail project

The Riruta-Ngong MGR line was commissioned in December 2023. Mr Omtatah and the association...

Ex-Scangroup boss rallies shareholders to expel CEO, board

Kenya has witnessed fewer instances of activism, with cases of minority investors pushing...

Rise in Sh1,000 banknotes in circulation

The trend signals a sustained preference for large-denomination notes among businesses and...

Kenya loses Sh11bn stake in AfDB amid cash crunch

An AfDB share is valued at Sh1.77 million, but countries are expected to pay only six percent...

Revealed: 90pc of KPC top owners kept secret

The top 20 shareholders held a 94.27 percent stake in KPC, with nominee accounts of the core...

Spiro raises Sh28bn to expand bikes production, battery swap

With the new funding, Spiro plans to expand local production capabilities across vehicle...

The Sh60 at the centre of Bolt’s petrol-vs-electric boda boda storm

Digital taxi companies, including Bolt and its US rival Uber, have heavily promoted e-bikes in...