Business

Weetabix Invests Sh200M to Upgrade Nairobi Factory and Tap into US, European Markets

Weetabix East Africa is investing Sh200 million in upgrading its Nairobi production facility as part of a broader strategy to penetrate the European and...

Kenya Strengthens Infrastructure Financing with Sh13 Billion AFC Investment

The Kenyan Treasury has committed Sh12.9 billion to join the Africa Finance Corporation (AFC), reinforcing the country’s push to finance major infrastructure projects through...

KSh 452.8 Billion Expressway Project Moves Closer to Reality

Usahihi Expressway Limited, the firm spearheading the proposed Nairobi-Mombasa Expressway, has announced that it expects to complete the project's feasibility study by May. This...

Betting taxes outperform as KRA collects Sh12.47 billion in eight months

The Kenya Revenue Authority (KRA) has collected KSh 12.47 billion in taxes from betting firms over the eight months leading to February 2025, making...

Absa Bank Kenya Reports Record Sh9.5 Billion Dividend Amid 27% Profit Rise

Absa Bank Kenya has announced a record dividend payout of Sh9.5 billion, reflecting a 12.9% increase to Sh1.75 per share following a robust 27.5%...

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