Business & Economy
Treasury CS John Mbadi at Parliament Buildings. [File, Standard] Kenya is borrowing billions of dollars to pay off old debts in a high-stakes financial strategy that economists warn may only postpone a deeper fiscal crisis while increasing the…
Business conditions began to recover across the Kenyan private sector for the first time since April in…
By the time services of nearly 3,000 workers at the loss-making Rivatex East Africa were terminated…
The new itel SUPER 26 Ultra series. [Sofia Ali, Standard] Chinese firm itel Mobile has unveiled…
Business Weekly Round Up
Umeme Limited has issued a profit warning after posting a net loss of USh 166.7Bn (KSh 6.1Bn) for the half year ended June 30,…
Listed lender Standard Chartered Bank Kenya has posted a 13.5% decline in net profit to KSh 4.86 billion in Q1 2025, marking its first…
National Assembly’s Finance Committee Chair Molo MP Kimani Kuria (centre) flanked by Mangale Munga Chiforomodo (right) Lunga Lunga MP and Dr. John Ariko, Turkana…
Pan-Africa e-commerce platform Jumia Technologies has slashed its loss before tax to US$16.5 million in the first quarter of 2025, down from US$39.6 million…