Kenya Business News
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Absa Group to Invest $239 Million to Increase Stake in Kenyan Subsidiary
Absa Group is set to spend approximately $239 million to boost its ownership in its Kenyan unit from 68.5% to 85%, reflecting its commitment …
BusinessShareholders of Savannah Heights Seek to Block Judgment in Ndeta Case
Shareholders of Savannah Heights are challenging the court's pending judgment in the controversial Ndeta case, highlighting governance and legal concerns amidst
BusinessKenya's Tea Exporters Protest 0.8% Levy, Citing Threat to Global Competitiveness
Kenya's tea exporters are protesting the new 0.8% export levy, arguing it undermines their competitiveness and impacts farmers' earnings, amid industry concerns
BusinessHeineken Secures Sh250M Bank Guarantee Amid Legal Dispute with Kiuna
Heineken has obtained a Sh250 million bank guarantee as it navigates a legal dispute with Kiuna, intensifying the conflict. Read more on the latest …
BusinessVodacom Increases Safaricom Stake to 55% in $2.1 Billion Deal
Vodacom has finalized a $2.1 billion deal to acquire a 55% stake in Safaricom, solidifying its control and impacting the Kenyan telecom landscape.
StoriesHow the Eastern Region Music Festivals Are Transforming Wote Town's Local Economy
Explore how the Eastern Region Music Festivals are revitalizing Wote Town's economy by attracting visitors and supporting local businesses, and their role in Mâ