SpaceX reported a Q3 2026 profit of $4.4 billion, reversing a $1.1 billion loss from a year earlier, while revenue rose 161 percent to $14.6 billion driven by artificial‑intelligence services and Starlink.
Latest News
1 / 238
A judge has withdrawn from a Sh18 billion dispute between the KBC pension scheme and a lawyer after the lawyer claimed a denial of a fair hearing; the judge found no evidence of bias.
Starbucks will require patrons in its mainland China cafés to make a purchase before they are allowed to sit, a measure intended to help revive its performance in the competitive market.
State Bank of India has launched an investigation after a suspected cyber attack exposed thousands of customer records containing personal information on the dark web.
State subsidies have driven a 27 percent rise in new vehicle sales, with truck sales climbing 38.3 percent to 5,527 units and single‑cab pick‑ups up 55.9 percent to 2,089, reflecting stronger demand for commercial vehicles.
Kenya confirmed nine Ebola cases linked to a man who traveled undiagnosed from the Democratic Republic of Congo through Uganda, prompting a doctors’ union to warn that understaffed border posts could heighten regional risk.
The National Assembly will consider the Sexual Offences (Amendment) Bill, which aims to increase public awareness and protect the right to education for victims, including those affected by teenage pregnancy.
The Global Trust Summit 2026 has opened in Nairobi, gathering leaders, policymakers and business executives to discuss institutional trust, governance and international cooperation.
President William Ruto announced a cut in income tax for workers earning below Sh32,333, removal of stamp duty on land deals under Sh1 million, and elimination of a 25 percent import duty on phones to raise disposable incomes.
Mildred Chacha, coach of the Harambee Starlets, says her squad is well prepared to challenge the United States and target victory at the World Cup despite a slow start after a loss to China.
Peter Mugeni, managing director of HFCB Limited, advises companies to plan borrowing needs early and include financing timelines in their business plans, especially when facing financial difficulty.
Workers in Senegal have mobilised as the country prepares to host the Youth Olympic Games, increasing pressure on authorities to meet union demands amid threats of further disruptions.
Approaching the 2027 elections, incumbent county chiefs are weighing options; some aim for national office, others for parliamentary seats, while many risk fading from politics, analysts say.
Peter Mugeni, managing director of HFCB Limited, said banks base loan decisions on financial records, which account for about half of the assessment, together with a business plan describing vision, target market, and sales data.
Kenyan health officials are searching for a Ugandan man linked to Nairobi’s first Ebola case who died on October 5; his whereabouts are unknown, while another contact has been placed in quarantine in Eldoret.
Dan Mackenzie, son of preacher Paul Mackenzie, said the recent verdict brought relief to families who lost loved ones.
SpaceX reported a Q3 2026 profit of $4.4 billion, reversing a $1.1 billion loss from a year earlier, while revenue rose 161 percent to $14.6 billion driven by artificial‑intelligence services and Starlink.
Castore, the British premium sportswear brand, is exploring a potential sale after receiving interest from Chinese apparel groups Anta Sports Products and Li Ning, according to co‑founder Tom Beahon.
Kenya National Bureau of Statistics data shows that male visitors constitute the majority of inbound tourists, contrary to the common image of families in safari vans or couples on beaches.
The Treasury announced plans for 21 new agro‑commodity warehouses under public‑private partnerships in Tharaka Nithi, Nairobi, Nandi, Kwale, Lamu, Narok, Migori, Nakuru and Trans Nzoia counties.
The 63rd Mashujaa Day was celebrated with pomp and colour on Tuesday, as thousands of Kenyans filled the newly renovated Kipchoge Keino Stadium in Eldoret City.
Sharing work equipment with a colleague, friend or family member may seem harmless, but it can expose employees to disciplinary action.
In the second episode of The Portfolio Reset, Merryn Somerset Webb and John Stepek discuss how passive investing altered the market intended to be tracked.
The United States midterm elections will take place on November 3, and the outcome will decide whether one party holds control of Congress.
Insurance claims grew 11.3 percent to KES 61.30 billion in Q1-Q2 2026, up from KES 55.06 billion in Q1-Q2 2025, with medical coverage leading at KES 27.06 billion (44.1%).
A weakening Ugandan shilling is raising concerns for Kenya’s trade, as Uganda remains Kenya’s biggest export market, buying Kenyan medicines, cement, metal products, soap and palm oil worth Sh162.4 billion in 2025.
A UK government-owned entity has acquired a 6.5 percent stake in Quickmart, making the retailer the second‑largest retail chain in Kenya behind Naivas, with an estimated 15 percent market share.
The Data Management Association Kenya Chapter opened in Nairobi as a DAMA International affiliate, signing up over 900 members and 15 corporate partners, and aims to train more than 10,000 data professionals in three years.
Kenya has confirmed nine Ebola cases, all linked to a single cluster; eight patients are improving and 134 of 135 contacts have been traced and quarantined, with no evidence of spread beyond the group.
Special Envoy Steve Witkoff is scheduled to meet Russian President Vladimir Putin to discuss a new proposal aimed at ending the war in Ukraine.
A new legal dispute has arisen over Nairobi Hospital’s management as the Kenya Hospital Association and eleven doctors filed a case seeking removal of the current board and replacement with members led by Dr Barcley Onyambu.
Financial markets may shift around the risk associated with AI financing, but they cannot eliminate it, and observers anticipate seeing where the risk ultimately settles.
Indonesia is employing social media influencers to help the public understand a potential MSCI downgrade threat, with videos such as a YouTube discussion by Leon Hartono being used to convey the issue.
Ndindi Nyoro said that anyone who recognises President Ruto has failed Kenya, even his closest allies, should be welcomed into the opposition.
Caleb Amisi stated that experienced observers know politicians can change allegiance in an instant.
Anthropic reported a net loss of $80.7 billion for the first half of 2026, driven mainly by higher computing costs and non‑cash accounting charges, while its revenue rose to $16.3 billion from $1.1 billion a year earlier.
Kenya National Examinations Council launched its first Kenya Junior School Education Assessment, but parents could not interpret the results because the report omitted traditional mean scores from A to E and total marks.
The UK Government’s MOBILIST programme, which supports companies in raising capital on public markets, has subscribed Sh1.94 billion to QuickMart’s initial public offering, representing about 13 percent of the Sh15 billion issue.
Employment and Labour Relations Court judge Hellen Wasilwa has withdrawn from overseeing a Sh18.4 billion dispute between the Kenya Broadcasting Corporation Staff Retirement Benefits Scheme Board and lawyer Morara Omoke.
Vodacom Group of South Africa states it will keep its 55 percent controlling stake in Safaricom as it continues to appeal a High Court ruling that nullified its purchase of an additional 20 percent share.
Siaya Governor James Orengo says he must seek security outside government protection, accusing state authorities of repeatedly removing his guards during politically sensitive periods.
Kenya’s National Police Service Board will begin transferring senior and junior officers to various stations on Wednesday, following the promotion of 1,948 personnel last Friday.
Macquarie Group reported that several oil traders have departed the firm as it consolidates two of its primary commodity‑trading units.
Taiwan Semiconductor Manufacturing Company halted certain construction activities at its Kaohsiung facility after an accident that killed four workers.
Construction leaders Nashon Okowa MCIrb and Josine Heijmans held a discussion on effective management of public projects in Kenya, joined by industry experts.
Researchers say artificial intelligence is driving robust growth in Southeast Asia’s digital economy despite rising prices and wavering demand.
A committee probing Hong Kong’s deadliest fire in decades will deliver its final report to Chief Executive John Lee on Thursday, a step that tests his pledge to pursue accountability.
MPs propose the Elections (Amendment) Bill 2024 to remove the IEBC from handling party primary disputes and give the Elections Disputes Tribunal that authority, aiming to boost women's chances in the August 2027 election.
The United States asked Kenya to build an Ebola quarantine facility for its citizens exposed in the DRC, but the Trump administration later warned Americans not to travel to Kenya over health and security concerns.
Kisumu National Polytechnic will open a Sh1.2 billion textile factory in January 2027, a World Bank‑funded project that will train students and produce garments from cotton spinning to finished clothing.
AA Kenya PLC reported FY2025 results, with revenue up 6.2% to KSh 998.87 Mn, driven by a 10.3% rise in driving school income, and operating surplus up 63.8% to KSh 117.20 Mn as admin costs fell 12.1%.
A discussion on the Dangote Refinery IPO will be held tonight, with Karimi Warui, head of investment banking, and Divine Olumese, analyst, to show how East African investors can join via Depositary Receipts.
The Shakahola massacre that killed 429 followers of Good News International Ministries involved a network of religious leaders and other individuals not just preacher Paul Nthenge Mackenzie according to trial findings.
A man described by neighbours as loving and caring is suspected in a brutal killing in Kirinyaga Rwambiti village leaving a family grieving and a community shocked.
Foreign Affairs Principal Secretary Korir Singoei says global cooperation to address Ebola is more critical than ever and the United States is within its rights to raise Kenya travel advisory to Level 3 due to rising cases.
Starboard Value CEO Jeff Smith outlined the activist fund’s strategy for its three most recent investments at the annual 13D Monitor Active-Passive Investor Summit in New York.
Russell is reviewing its long-standing 50/50 allocation between growth and value stocks, as tech giants continue to dominate market performance and reshape investment strategies.
Uganda’s shilling has depreciated by over 14% against the US dollar since June 2026, raising concerns for Kenyan exporters, as Uganda remains Kenya’s largest export market, accounting for Sh162 billion in goods in 2025.
The United States has raised its travel advisory for Kenya to Level three, urging American citizens to reconsider non-essential travel to the East African nation due to escalating health risks.
Britam Life Assurance led Kenya’s insurance market in the first half of 2026, raising its share to 23.9 percent from 18.9 percent a year earlier. ICEA Lion Life’s share rose to 15.8 percent from 13.8 percent, IRA data show.
New vehicle dealers reported a 27.03 percent increase in sales, a rise attributed to government payments to road contractors and renewed infrastructure projects that have heightened demand for trucks, pick‑ups and prime movers.
President William Ruto announced a package of measures to lower household costs and broaden opportunities for youth, beginning with an exemption from Pay As You Earn tax for workers earning Sh32,333 or less per month.
Mining proposals for rare earths and niobium at Mrima Hill in Kwale County will be judged on jobs, processing capacity and safety measures, not on the vast mineral reserves beneath forest‑reserve sacred to Mijikenda community.
Dan Mackenzie, the 24‑year‑old son of preacher Paul Nthenge Mackenzie, said he welcomed his father’s conviction for the murder of 190 children and an adult in Shakahola Forest, calling the verdict a relief for grieving families.
Justice Diana Kavedza, presiding over the Paul Mackenzie case, is noted for blending courtroom warmth with a firm hand.
Sifuna thanked Rigathi and Mama Dorcas, saying this marks the start of many efforts to unite the opposition.
Abra Group will wait on its planned IPO this year as volatile fuel prices unsettle markets, complicating airlines’ efforts to launch a US listing.
Germany’s rail network cannot accommodate all goods shifted from the Rhine River as maintenance limits capacity, says rail logistics firm VTG.
Kenya will open 21 grain warehouses across nine counties, operated by private investors under public-private partnerships, to cut out middlemen and brokers in the agricultural trade.
A dispute over Nairobi Hospital management has escalated as the Kenya Hospital Association and 11 doctors file a case seeking removal of the current board, including Dr Barcley Onyambu.
Leaders at a one-hour meeting discussed a possible DCP-Linda Mwananchi alliance before next year’s general election, an agreement on Nairobi leadership and plans to block President William Ruto in Western and Mt Kenya regions.
President William Ruto’s administration plans PAYE tax relief for workers, but the government may face a sharp revenue shortfall as a result, even as Kenya’s debt has reached Sh13 trillion.
Mukesh Ambani’s digital venture is preparing for India’s largest-ever initial public offering this week, a decade after entering the telecom market with free calls and cheap data that severely weakened its rivals.
CIC General Insurance led H1 2026 claims with KES 6.69 billion, representing 10.2 % of the KES 68.17 billion industry total. The top five insurers together made up 41.7 % of KES 27.21 billion in claims.
Kenya’s government has reiterated its intention to increase the tax‑free PAYE threshold from Sh24,000 to Sh32,333, after postponing the reform multiple times, but it has not announced when the change will take effect.
The Tokyo building that houses Tiffany’s largest Asian boutique has reduced its asking price by one‑third after months on the market, a sign of a cooling Japanese property sector amid higher interest rates and inflation.
Australian police have charged 43‑year‑old Brendan Nugent in connection with an alleged assault on independent lawmaker Helen Haines, according to an informed official who was not cleared to speak publicly.
The rapid depreciation of the Ugandan shilling against the dollar is causing concern in Kenya, as it could raise the price of imported goods and reduce Kenyan exports to the neighboring country.
A United Kingdom government agency is purchasing a 6.5% share in Quickmart through the retailer’s initial public offering for Sh1.94 billion, representing another foreign anchor investment.
A special United States license permits Sherritt to export fuel and sulfur to Cuba, a key step toward restarting its nickel mining operations, although additional permits are still required.
Optimum Communications is nearing a restructuring agreement with its lenders that would transfer control of the telecom provider to the creditors and settle ongoing litigation, sources said.
Eight corporations sold a 24.76% stake in Kenya Power for about Sh42.5 billion to an institutional investor in a Nairobi Stock Exchange deal on Monday, President Ruto said investors bought share but identities were not disclosed.
Kenya has begun using the antiviral drug remdesivir, previously employed during the COVID‑19 pandemic, to treat patients infected with Ebola, despite the absence of an approved vaccine or specific therapy for the disease.
Kenya marks Mashujaa Day 2026, with Uasin Gishu County serving as a co‑host and highlighting its cultural heritage, active communities and role in national development.
The agricultural lobby in Brazil already holds significant power, and if Flávio Bolsonaro is elected president, it will gain additional influence over one of the country's largest food producers.
Scott Rubner of Citadel Securities says investors will return to artificial intelligence investments next month after the United States midterm elections are concluded.
Ruto says Kenyans are reaping from his government’s reforms, noting that Kenya is now ranked seventh largest economy in Africa and that political competition should result in better policies.
Vodacom plans to retain its controlling 55 percent stake in Safaricom as it appeals a High Court ruling that nullified its acquisition of an additional 20 percent stake.
The National Cereals and Produce Board plans to establish 21 warehouses run by private investors under public private partnerships as part of efforts to improve grain storage and distribution.
The High Court has ordered the Kenya Airports Authority to pay a contractor more than 1.25 billion shillings in damages arising from the termination of a 398.9 billion shillings Nanyuki Airstrip rehabilitation contract.
Top state firms have sold a combined 24.76 percent stake in Kenya Pipeline Company worth 42.5 billion shillings to unidentified foreign investors.
The Ugandan shilling has fallen more than 14 percent against the US dollar since June, making Kenyan exports more expensive and threatening shipments to Kenya’s largest export market.
Nigeria has confirmed one case of Ebola in Abuja, with the Health Minister stating that 44 contacts have been identified so far.
Decades of banditry in the Ng’elecha Valley of Baringo South are beginning to change as residents return and schools reopen after years of closure.
Investigations into the Shakahola cult massacre revealed over 190 children died from starvation, strangulation, suffocation and asphyxia after cult leader Paul Makenzi ordered them to starve to death.
U.S. Treasury yields rose as benchmark oil prices fell from multi‑week highs, prompting traders to scale back bets on Federal Reserve interest‑rate hikes in the coming year.
Bank of America launched a second investment‑grade bond offering, issuing perpetual notes following last week’s $8 billion capital raise.
Kenya reported its ninth case of Ebola Bundibugyo virus, all linked to a single known cluster, and the United States advised its citizens to reconsider travel to Kenya over health and security concerns.
Nigeria confirmed its first Ebola case of the current African outbreak in a woman who traveled from Uganda to Abuja, the government announced on Tuesday.
Kenya will exempt PAYE for workers earning KES 32,333 or less per month and lower the PAYE rate to increase disposable income. The reduced PAYE proposal is slated for parliamentary debate next week.
Kenya’s 63rd Mashujaa Day honored 264 individuals across 14 categories, including the late Raila Odinga posthumously.
UK Government’s MOBILIST programme subscribed US$15 million to Quickmart’s KES 15 billion IPO, joining an IFC conditional commitment of KES 1.94 billion. Together the two could provide KES 3.88 billion, about 26 % of the offer.
General Electric is increasing its engine delivery capacity for the 787 Dreamliner as Boeing customers push to accelerate production of the widebody jet.
A tragic shark attack occurred off the coastal city of KuGompo in South Africa, marking the first such fatality event in nearly thirty years and resulting in the closure of two popular beaches by local authorities.
The County Government Workers Union in Kenya has condemned a recent declaration it describes as illegal and unacceptable, citing a reduction in the union’s workforce as evidence.
Seven Boeing 737‑700 aircraft purchased for a deportation initiative have remained grounded at Lake Charles Regional Airport in Louisiana, with only minimal flight activity since their acquisition.
U.S. Treasury Secretary Scott Bessent said he does not anticipate that the recent turbulence in the French bond market will spread to other markets or cause broader financial instability.
High-grade investors are beginning to explore the least risky segment of junk bond markets after a broad sell-off lowered valuations across the sector.
The United States has upgraded its travel advisory for Kenya to Level 3, warning Americans to reconsider trips because of rising Bundibugyo Ebola cases, crime, kidnapping, terrorism, civil unrest and traffic safety concerns.
Rais anaonyesha agendakali yake. Anaeleza kwamba serikali yake ina mikakati sahihi na ana kukumbwa upinzani kwa kutokuwa na sera sahihi.
Viongozi wa upinzani wanaonyesha dalili za ushirikiano. Mwenyekiti wa DCP, Rigathi Gachagua, amekaribisha Citizen Watch katika kamati yake ya Wamunyoro.
Makampuni ya sayansi ya maisha yanafaa kutokana na ongezeko la ubunifu wa akili bandia katika ugunduzi wa dawa, kama ilivyoainizwa na Citrini Research baada ya kujaribu Claude Science ya Anthropic.
Nguvu za Saudi Arabia na wenzao katika Yemen wanajaribu kupiga moyo kupuza wapiganaji wa Houthi wanaowasilisha sehemu kubwa ya nchi. Hata hivyo, jambo hili ni la kipekee kwa sababu ya changamoto kubwa.
Serikali inasaidia familia nyingi za wakazi wa Vilima vya Elgon ambao wameathiriwa na vita vya Urusi na Ukraine. Hii inajumuisha usaidizi wa kiuchumi na mahitaji mengine.
Mapato ya serikali yamekosa kiasi cha shilingi 312 bilioni dhidi ya malengo katika mwaka wa fedha 2025/2026. Hata hivyo, matumizi ya safari na mikutano imeongezeka.
Shujaa wa riadha Hezekiah Kipchoge Keino ambaye jina lake imetumika katika uwanja wa mazungumzo ya Mashujaa imeanzaliwa katika uwanja huo. Hata hivyo, wengine wanaswali kama wameelewa kuhusu mchango wake.
A 65-year-old woman died after a shark attack while swimming at a popular beach in South Africa's Eastern Cape province.
Ontario International Airport plans to raise approximately $174 million through municipal bonds to support infrastructure serving Southern California's Inland Empire region.
A parliamentary commission alleges that a former Monte Paschi chairman attempted to intimidate the bank's communications chief before the executive's death.
Kenya has confirmed a ninth Ebola case, involving a 24-year-old close family member of the initial patient who was already in quarantine when symptoms appeared.
Employees earning 32,333 shillings or less are exempt from income tax deductions under new PAYE guidelines.
Gemfields sold $52 million worth of Mozambique rubies at auction, reflecting strong demand for premium stones despite ongoing production challenges that have limited supply.
Sudan's army has been accused of carrying out multiple drone strikes that reportedly killed over 200 people, including dozens of civilians traveling to attend a funeral.
Journalist Larry Madowo says El Salvador denied his visa because Kenya reported eight Ebola cases, though Nairobi authorities maintain there is no widespread outbreak.
President Ruto led Heroes' Day celebrations at Kipchoge Keino stadium in Eldoret, announced a book on Achieng' Oneko's freedom struggle, and urged opposition leaders to propose solutions instead of opposing all government actions.
Violent anti-government protests in Albania follow months of demonstrations against a luxury development deal involving Jared Kushner, Donald Trump's son-in-law.
Ally, one of the largest United States auto-finance firms, reported earnings slightly above estimates as Americans continued buying vehicles despite inflation.
U.S. power grids are issuing more alerts during the fall and spring seasons, periods that usually experience lower electricity demand, according to recent reports.
New York state investigators arrested sixteen individuals alleged to have staged automobile collisions and fabricated injuries in order to obtain almost $500,000 from insurance companies.
A teenager, who said he had been planning the attack for eight months, stabbed a teacher and a student after posting a warning on TikTok.
The eldest son of Kenyan cult leader Paul Mackenzie, who was convicted of killing 191 people, reported that his younger siblings continued to be forced to fast as recently as two weeks ago.
Joy, a communications professional from Uganda, and Mary, a web developer from Kenya, explained to BBC Focus on Africa how they persuaded their parents to accept their remote employment and earnings from abroad.
President William Ruto inspected the parade as Kenya celebrated Mashujaa Day 2026, honoring national heroes. Governors, cabinet and secretaries gathered, with Uasin Gishu, Nandi and Elgeyo Marakwet counties co‑hosting.
The 2026 Mashujaa Day celebrations at Kipchoge Keino Stadium in Eldoret featured a pre‑arrival program with local choirs, cultural groups and Kenyan performers, creating music, dance and pride as the nation honored its heroes.
Russia recorded its lowest monthly crude shipments as operations at a major Baltic port were temporarily halted, likely for maintenance, according to energy analyst JLeeEnergy.
Nasdaq futures fell on Tuesday as investors reacted to artificial‑intelligence anxiety after South Korean neocloud firm Elice Inc.’s debut plummeted, sparking doubts about the sustainability of the AI boom.
Machakos Deputy Governor Francis Mwangangi highlighted freedom fighters and architects of the 2010 Constitution, stressing devolution as a catalyst for equitable development and economic growth.
Standard Chartered's chief executive Birju Sanghrajka discussed the bank's strategy for the Kenyan market during an interview on a television program on October 22nd evening.
JPMorgan Chase has deposited NGN 50B ($38M) with the Central Bank of Nigeria while seeking a merchant banking licence, with regulatory approval expected by the end of 2026 or early 2027.
Iranian attacks in the Persian Gulf have hit additional vessels and inflicted greater damage than previous strikes, raising fresh risks to regional energy flows.
Ruto announced a tax exemption plan for Kenyan workers earning up to Ksh 32,333 monthly during a Tuesday Mashujaa Day event, aiming to free money for families and to be sent to Parliament next week.
West Pokot Governor Simon Kachapin has condemned the violence that disrupted President William Ruto's development tour of Sigor last week, and urged security agencies to investigate and arrest those responsible.
The first named storm of this autumn is set to bring heavy rain and strong winds to the UK and northwest Europe in the coming days, potentially easing elevated power prices.
The United States issued a travel warning for China citing risk of wrongful detention, while Eritrea and Russia face similar warnings; China holds a D risk level two and Russia a Level four Do Not Travel advisory.
President William Ruto announced a plan to increase the Public Service internship programme to serve 50,000 young Kenyans beginning January first, 2027.
Halliburton forecasts long‑term growth in oil field services as Middle Eastern countries rebuild energy assets and infrastructure after damage from the Iran war.
An unnamed candidate won the first round of the 2024 Romanian presidential race, leading authorities to accuse him of trying to destabilize the constitution through planned protests in Bucharest.
Residents near Pretoria are warned not to drink or cook with tap water after over 400 people, mainly children under four, became ill from contaminated water.
The government has begun a new physical headcount of public servants as investigations into an alleged Sh6.2 billion payroll fraud expand, aiming to uncover irregular recruitment and weaknesses in public‑fund management.
Community leaders in the north‑eastern Menaka region have attributed recent killings to the Islamic State Group.
Secretary of State Marco Rubio denied that the United States restricts intelligence sharing with Ukraine after speaking with President Zelenskyy, as Washington pressure on Kyiv to make concessions for a Russia deal grows.
Barclays strategists say political risk in France has risen to the point that its stock market has become the largest short position in Europe and the United States for some investors.
The insurance industry is transitioning from IFRS4 to IFRS17, moving to a single standardized accounting framework, and NTV Kenya will interview AAR Insurance CFO Hosea Kiprop on Oct 20 at 7:30 pm to discuss industry trends.
Health experts advise men to change their pillowcases regularly because the fabric collects sweat, skin oils, dead skin cells, saliva and residue from hair and facial products, which can affect skin health.
President William Ruto announced that all Kenyans earning Ksh 32,333 or less per month will be exempt from PAYE tax, while noting that many young people have been protesting over the cost of living and taxation.
The National Treasury has proposed exempting land and property transactions valued at one million Kenyan shillings or less from stamp duty, while applying progressive rates to higher‑value deals, President William Ruto announced.
Former Agriculture Cabinet Secretary Peter Munya, after a successful tenure with tea and coffee reforms, decided not to run for Meru Governor in 2022, a seat he lost to Kiraitu Murungi in 2017 and contested in court.
President Cyril Ramaphosa warned that South Africa could lose its duty‑free access to the United States under AGOA if tensions over land reform, discrimination and visa restrictions are not resolved, risking over 125,000 jobs.
A Sudanese army drone strike on Amiet market in the disputed Abyei district killed 53 people and wounded at least 27, according to local authorities.
3M reported earnings that exceeded Wall Street expectations and increased its full‑year guidance for a second consecutive quarter.
Senator Marco Rubio said the United States must weigh Ukraine’s urgent need for air‑defense missiles against similar requests from other allies and the requirements of its own armed forces.
Mr Gachagua met the Linda Mwananchi opposition faction led by Nairobi Senator Edwin Sifuna, signaling unity between Mt Kenya and Linda Mwananchi.
Codelco will charge a record premium of $350 per ton to supply European customers next year, according to a source.
The ongoing feud between Donald Trump and Volodymyr Zelenskyy is now affecting Ukraine’s capacity to defend itself.
A protest took place in front of Meta’s São Paulo office on Monday, accusing the tech giant of interfering in Brazil’s upcoming elections.
Prime Minister Sebastien Lecornu says France will impose new curfews where necessary to help restore public order.
Pernod Ricard intends to issue its first hybrid bond while also launching a tender for a portion of its outstanding senior debt.
Thames Water and several of its creditors have presented Pimco with a compromise that would secure the asset manager’s support for a plan to raise additional rescue financing.
One year after Raila Odinga’s death, the political map he long controlled is being reshaped on Kenya’s Coast, an area where the former opposition leader once enjoyed his strongest support.
Egyptian hotel entrepreneur Kamel Abou Aly’s Pickalbatros Hotels & Resorts secured a $250 million financing package from the IFC and Attijariwafa Bank to fund Moroccan hotel acquisitions, upgrades and debt refinancing.
Ethiopian Prime Minister Abiy Ahmed said Safaricom connects millions of Ethiopians and M‑Pay allows them to send money and make payments, adding that geography makes the two countries neighbours while history makes them brothers.
President William Ruto said private investors bought 25 % of Kenya Pipeline Company in a KSh 42.5 billion block trade of 4.5 billion shares.
Police in Nairobi arrested two activists demonstrating against high fuel prices in the central business district, with Commander Issa Mohamud stating the protest was illegal.
President William Ruto announced a plan to eliminate the 25% import duty on mobile phones, aiming to lower prices and broaden access to the digital economy.
A dispute over private‑equity ownership of Recordati SpA highlights concerns about a single firm acting on both sides of a contested transaction, according to an opinion piece.
Home insurance premiums have risen above property tax levels in many U.S. neighborhoods, a shift attributed in part to increasing extreme weather events.
Uhuru reportedly told supporters to call him Baba, and Mama Ida was said to have been influenced to view Gachagua as a top inspiration, according to a tweet by Robert Alai.
Deputy President Kithure Kindiki said that over the past four years Kenya has expanded socio‑economic rights, including access to health, education and other constitutionally recognised entitlements.
American singer‑songwriter Ne‑Yo will perform tonight in Kenya at the Ulinzi Sports Complex as part of his One Night Only: Brunch Edition concert.
French interior minister Sébastien Lecornu announced that any curfews to be imposed will be very limited in scope and targeted to specific areas as a measure to restore public order.
Kenya’s parliament is reviewing the Elections (Amendment) Bill 2024, which would repeal Section 39 of the Elections Act and drop the live‑streaming results requirement; the Senate passed it and it goes to the National Assembly.
Kenya’s president announced a proposal to exempt workers earning 32,333 shillings per month or less from PAYE tax, while the treasury also drafted a plan to waive stamp duty on land deals valued at one million shillings or under.
Nomura is reportedly evaluating an expansion of its wealth‑management business into Switzerland, according to sources familiar with the plan.
Polymarket CEO Shayne Coplan reportedly repaid the company for private‑jet flights and other personal costs, yet investors continue to demand changes in his management of the firm.
JPMorgan analysts say the recent rebound in Ocado’s share price could signal the beginning of a sustained re‑rating of the online grocer’s valuation.
President William Ruto has announced that all Kenyans earning Ksh 32,333 or less per month will be exempt from PAYE tax, providing relief to low‑income earners.
Morocco has appointed Fatima Zahra El Mansouri as its first female prime minister, and she is facing a political minefield that pits royal authority and religious conservatism against rising calls for women’s rights.
Aliko Dangote’s foundation is partnering with 15 Nigerian state governments to give nearly 778,000 vulnerable women small refinery stakes at no cost, broadening public ownership.
A sharp selloff in French government bonds reflects an intensifying contest for capital that is placing borrowers under greater scrutiny.
The late president and freedom fighter died in a plane crash while travelling in South Africa, which was then under apartheid rule.
The Trump administration is seeking to avert a military confrontation between two neighboring countries while staying out of an internal conflict that could drag the wider region into war.
President William Ruto said more than 100,000 teachers had been recruited over four years, 23,000 classrooms had been built and construction had begun on 1,600 laboratories.
President William Ruto said SHA had disbursed Ksh107 billion to healthcare facilities across the country since January 1 this year.
The country introduced a 25 per cent import duty on mobile phones on July 1, 2026, after the East African Community revised its Common External Tariff.
The government will pursue legal and regional customs notices to remove a 25% duty on mobile phones. The national internship programme will also expand by 50,000 places from January 2027, President William Ruto said.
President William Ruto defended his broad-based government and said political differences should not prevent people from working together for the country.
Some political leaders in Busia said Kenyans should remember the late Raila Odinga for his contribution to saving the country from bad leadership.
A teenager stabbed a teacher and a pupil after a TikTok warning; the teenager said he had been preparing the attack for eight months.
Saudi officials faced a choice over the weekend between moving the kingdom's flagship investment conference online and postponing it altogether.
Ghana's sports authorities face a police investigation into thousands of dollars in disputed payments, questionable credentials and allegations of visa racketeering.
President William Ruto said citizens may question the government, challenge its decisions and demand better responses. He said an electoral mandate does not silence protesters over the cost of living, taxation and unemployment.
A judge has withdrawn from a Sh18 billion dispute between the KBC pension scheme and a lawyer after the lawyer alleged a denial of a fair hearing, though no evidence of judicial bias was found.
Ethiopia’s Prime Minister Abiy praised President Ruto’s leadership and vision, noting that geography made the nations neighbours while history made them brothers.
President Ruto proposes eliminating the 25 percent import duty on mobile phones and says the government will pursue legal and regional customs procedures to implement the change.
Four Salvadoran soldiers have been missing since Sunday after they fled a burning armoured vehicle near Port‑au‑Prince, according to authorities.
Kenya observes Mashujaa Day 2026, honoring the men and women whose determination and courage forged the Republic that citizens proudly call home.
President Ruto announced that Kenya will return to the ballot box next year, urging citizens to judge leaders by track record, vision and agenda, and reaffirming the right to question government actions.
American journalist Margot Kiser Jones was deported from Kenya to Dubai after being classified as a prohibited immigrant on security and public morals grounds.
Ron Brownstein argues that individual rights should not differ between states, yet both Republicans and Democrats appear to be reluctantly accepting that, by 2026, such variations will exist.
NCBA shares have been suspended for nine days as Nedbank takes control of the Nairobi Securities Exchange‑listed firm; the stock closed at Sh85.75 on Monday.
A little‑known Korean data‑center firm’s disappointing IPO debut has become central to a debate on AI valuations, with a massive, unexplained block trade fueling questions about whether such companies can meet growth expectations.
JPMorgan has deposited 38 million dollars with the Central Bank of Nigeria as it moves closer to securing a banking license in Africa's most populous nation.
Ethiopia Prime Minister Abiy Ahmed spoke at the 63rd Mashujaa Day in Eldoret, saying he feels at home in Kenya among friends and family and thanking President Ruto and Eldoret residents for their hospitality.
Marco Rubio said sanctions relief could improve Washington's communication with Eritrea and warned that troops on the Ethiopia-Eritrea border risk wider conflict.
Uasin Gishu Governor Jonathan Bii urged Kenyans to embrace affordable housing to protect productive agricultural land.
The county administration and clinical officers union signed a commitment to resolve grievances through dialogue and negotiations.
President Ruto said Kenyans gave a mandate to improve lives and entrusted responsibility, not entitlement.
Prime Minister Abiy Ahmed said geography makes Ethiopia and its neighbour neighbours, history makes them brothers, and choices should make partners; he added athletes have run side by side, and race rivals, building partners.
A race at Kipchoge Keino Stadium in Eldoret marked Mashujaa Day, featuring CS Murkomen, former world junior 800 metre record holder Japheth Kimutai, Dennis Itumbi, Dr. Ofweneke and PS Fikirini.
A French bond risk indicator fell through a critical threshold on Tuesday, highlighting the government’s difficulty in reducing the budget deficit and easing cost‑of‑living protests.
Ryanair chief Michael O'Leary warned in a profanity‑filled press conference that European airline fares could rise by as much as twenty percent next year.
Jonathan Bii said the nation honors heroes from freedom fighters to athletes and farmers, noting their sacrifices secured liberty and their legacy inspires a peaceful, united Kenya.
Nick Kwach has been named a national hero in the arts category of the National Heroes 2026 publication, recognizing his contribution to Kenya’s performing arts industry.
The judiciary was faulted for disqualifying a vehicle leasing firm, as the cancellation did not meet the requirements under Section 63 of the Public Procurement Act.
Australia has required companies to take steps to prevent underage social media accounts and plans to sue Facebook and TikTok for non-compliance.
NACADA has proposed specialised courts in Embu and Eldoret and the reinstatement of Shanzu Law Court in Mombasa to handle drug cases, during a meeting with Chief Justice Martha Koome on October 19.
UEFA has demanded answers from FIFA regarding Gianni Infantino's alleged conflicts of interest with the Trump family and a World Cup sale attempt.
Kenya Police FC will host AFC Leopards at Nyayo National Stadium in a FKF Premier League match this afternoon.
A former Rwandan soldier and critic of President Paul Kagame was found beheaded in Uganda, raising concerns for exiled opposition figures.
President William Ruto is campaigning in the North Rift region ahead of Mashujaa Day, with political aspirants seeking to associate with him.
Aliko Dangote, Africa’s wealthiest tycoon, has attracted investors from over 90 countries, including 51 of the continent’s 54 nations, into his refinery’s share offer, which ends on 27 October.
Earnings forecasts for emerging‑market firms are driving their stock valuations to a two‑decade low compared with U.S. peers.
The Health Ministry reported the eighth Ebola case, a patient attendant who cared for the first patient, highlighting a growing health threat.
Kenya’s reproductive health issues are linked to economic factors such as poverty, unequal relationships and lack of social protections, requiring a government response that goes beyond simply providing contraceptives.
The Kenya Defence Forces warned the public that online recruitment advertisements are fraudulent, stating that no recruitment is currently underway and that official vacancies are announced only through authorized channels.
Douglas Kanja arrived at Kipchoge Keino Stadium in Eldoret, Uasin Gishu County, ahead of this year’s national Mashujaa Day celebrations.
Kenya’s National Treasury has ordered all public entities to list and dispose of obsolete vehicles, furniture and equipment by 31 December 2026 to generate cash and cut storage costs.
Saudi Aramco’s negotiations for term contracts with Asian oil refiners have stalled because of disputes over outstanding purchases in existing agreements.
Banca March will open its first branch in Portugal, becoming the latest Spanish bank to establish a presence in the country.
We use cookies to run this site and, once you agree, to understand how it is used. See our Cookie Policy for details.