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Home » Business & Economy

Browsing: Business & Economy

Uganda’s public debt hits Shs 131.2 trillion as experts warn of rising risks

By Edward Ronald SekyewaMarch 20, 20264 Mins Read0

KAMPALA, Uganda — Uganda’s public debt has risen to $34.86 billion (Shs 131.2 trillion) as of December 2025, up from $34.21 billion (Shs 128.7 trillion)…

Kenya plans tough sanctions for ministries that fail to deliver on Vision 2030

By Michael WandatiMarch 20, 20262 Mins Read0

NAIROBI, Kenya — The National Treasury of Kenya, through its State Department for Economic Planning, is developing a new Economic Planning Policy aimed at enforcing…

Relief for Kenyans as fuel prices remain unchanged in latest EPRA review

By Michael WandatiMarch 14, 20262 Mins Read0

NAIROBI, Kenya — Kenyan motorists can expect stable fuel costs over the next month, as the Energy Petroleum and Regulatory Authority (EPRA) announced that prices…

Aga Khan Fund to sell Nation Media Group stake to Tanzanian tycoon Rostam Azizi

By Michael WandatiMarch 11, 20263 Mins Read0

NAIROBI, Kenya — The Aga Khan Fund for Economic Development (AKFED) has agreed to sell its controlling stake in Nation Media Group (NMG), East Africa’s…

US-Israel war with Iran disrupts Kenya exports, meat and tea traders count losses

By Michael WandatiMarch 4, 20264 Mins Read0

NAIROBI, Kenya — Although the conflict between Israel and Iran is unfolding more than 7,000 kilometres away, its economic aftershocks are being felt sharply in…

Kenya Airways suspends Dubai, Sharjah flights after UAE closes airspace

By Michael WandatiFebruary 28, 20262 Mins Read0

NAIROBI, Kenya — Kenya Airways (KQ) has temporarily suspended flights to Dubai and Sharjah following the closure of airspace in the United Arab Emirates (UAE)…

PayPal confirms data exposure affecting business customers

By Michael WandatiFebruary 23, 20264 Mins Read0

NEW YORK, United States — PayPal, one of the world’s largest digital payments platforms, has revealed a data exposure incident affecting a subset of its…

Relief for Kenyans as petrol and diesel prices drop in latest EPRA review

By Michael WandatiFebruary 14, 20262 Mins Read0

Motorists across Kenya will pay less at the pump over the next month after the Energy and Petroleum Regulatory Authority (EPRA) announced reductions in the…

Equity Bank cuts loan rates after CBK lowers benchmark to 8.75%

By Michael WandatiFebruary 12, 20263 Mins Read0

NAIROBI, Kenya — Equity Bank has revised its loan pricing structure following the Central Bank of Kenya’s (CBK) decision to reduce the Central Bank Rate…

Central Bank of Kenya lowers base lending rate to 8.75 percent

By Michael WandatiFebruary 10, 20263 Mins Read0

NAIROBI, Kenya — The Central Bank of Kenya (CBK) has lowered its benchmark lending rate by 25 basis points to 8.75 per cent, in a…

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