A longstanding commercial dispute has emerged as a potential obstacle to one of East Africa’s largest corporate transactions, as Kenyan beer distributor Bia Tosha has filed an urgent petition with Kenya’s High Court seeking to block British multinational Diageo’s $2.3 billion sale of its majority stake in East African Breweries Limited (EABL) to Japan’s Asahi […]

Kenya’s private sector economy concluded 2025 on a decidedly positive note, maintaining solid growth momentum through December despite a marginal deceleration from the previous month’s exceptional performance. The Stanbic Bank Kenya Purchasing Managers’ Index registered 53.7 in December, down from 55.0 in November but comfortably above the critical 50.0 threshold that separates expansion from contraction […]

President William Ruto has announced that shares of the Kenya Pipeline Company (KPC) will begin trading on the Nairobi Securities Exchange (NSE) in January 2026, marking a significant milestone in the government’s privatisation programme and what is expected to be the largest initial public offering in Kenya since Safaricom’s historic listing in 2008. Speaking in […]

President William Ruto on Sunday utilized a high-profile thanksgiving service in Kerio Valley to showcase his administration’s security achievements while positioning the region’s newfound peace as a launchpad for economic development and political realignment. The carefully orchestrated event at Chesombur grounds in Sigor, West Pokot County, brought together political and religious leaders from six counties, […]

The Kenyan government has issued an urgent call for applications under the World Bank-funded Kenya Jobs and Economic Transformation (KJET) Project, offering micro, small, and medium enterprise (MSME) clusters unprecedented access to co-investment funding of up to Ksh20 million per cluster for value-addition machinery. The State Department for Youth Affairs and the Creative Economy announced […]

British multinational beverage company Diageo Plc has agreed to sell its entire 65 percent stake in East African Breweries Limited and its controlling interest in spirits maker UDV Kenya to Japanese beverage firm Asahi Group Holdings in a transaction valued at $2.3 billion, net of tax and transaction costs. The landmark deal marks Diageo’s complete […]

Kenya’s leading cement and concrete products manufacturer, Bamburi Cement, has signed a $250 million (KSh 32 billion) Engineering, Procurement, and Construction deal with Sinoma CBMI Construction Co., Ltd for the construction of a turnkey clinkerisation factory in Matuga, Kwale County, marking one of the most significant industrial investments in Kenya’s construction materials sector in recent […]

Kenya’s ambitious journey toward achieving first-world economic status received a significant boost on Monday, December 15, 2025, when President William Ruto’s Cabinet approved the establishment of two transformative financial vehicles—the National Infrastructure Fund (NIF) and the Sovereign Wealth Fund (SWF). These flagship initiatives represent the cornerstone of a KSh 5 trillion development roadmap designed to […]

President William Ruto has announced a sweeping, multi-billion shilling overhaul of Kenya’s transport network, centered on aggressive decongestion projects for the Nairobi Metropolitan Region. During the Jamhuri Day celebrations held at Nyayo National Stadium on Friday, December 12, the President unveiled plans for a new, dedicated expressway linking Nairobi to Thika, alongside the immediate dualing […]

Crown Healthcare, a Kenyan medical products distributor, has secured a critical US$10 million investment from Impact Fund Denmark to accelerate construction of a large-scale pharmaceutical manufacturing plant—a strategic move aimed at combating a counterfeit medicine crisis that claims over 100,000 lives annually across Africa while reducing Kenya’s dangerous dependence on imported pharmaceuticals. The investment, equivalent […]