Safaricom has achieved an impressive 67.3 percent increase in net earnings for 2025, reaching a landmark Sh99.7 billion. The telecommunications company credits this remarkable growth to its innovative products, which significantly enhance consumers' daily lives.This achievement marks the highest profit ever recorded by any company in East and Central Africa.The
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Nairobi Land Prices Slow in Q1 2026 Amid Approval Uncertainty
Land prices in Nairobi’s suburbs and satellite towns experienced a deceleration in growth during the first quarter of 2026, attributed to tighter economic conditions and uncertainty surrounding planning approvals, as reported by the HassConsult Land Price Index released in late April 2026.In the suburbs, land prices rose by only 0.8%,
Diaspora Remittances Power Kenya’s Economic Recovery
As Kenya's economy embarks on a delicate recovery, characterized by moderating inflation and steady growth, an unexpected ally has emerged: the millions of Kenyans working abroad. Diaspora remittances play a vital role in stabilizing the economy, delivering a consistent stream of foreign exchange at a time when traditional export sectors
Kenya Eyes China Market Boost After Zero-Tariff Export Shipment
When Kenya and China launched their first shipment of goods from Nairobi, it represented more than just cargo movement; it signaled a pivotal opportunity for Kenya to enter a previously inaccessible market.Historically, Kenya's trade with China has faced significant imbalance, with imports far outpacing exports. In 2024, Kenya exported only
William Ruto Backs Aliko Dangote Tanga Oil Refinery Project
President William Ruto has endorsed Nigerian tycoon Aliko Dangote’s initiative to partner with Kenya, Uganda, and Tanzania for the construction of an oil refinery in Tanga, Tanzania.During a sideline meeting with Dangote at the Africa We Build Summit in Nairobi on Thursday, April 23, 2026, Ruto emphasized that this collaboration
Kenya Real Estate Shifts to High-End Homes Amid Rising Demand
Real estate developers in Kenya are increasingly focusing their portfolios on high-end residential projects, capitalizing on the strong demand from affluent buyers and expatriates. Industry experts highlight that this shift stems from evolving market demands and urban dynamics, notably the expansion of residential development beyond Nairobi into neighboring counties.According to
Goh Miah Kiat Warns Condom Prices Could Rise 30% Amid Iran Conflict
Goh Miah Kiat, the CEO of Karex, the world's largest condom manufacturer, announced that the company may increase prices by up to 30% or more if the ongoing conflict in Iran continues to disrupt the supply of essential raw materials. In statements to media outlets, Goh highlighted that production costs
Ruto Arrives in Italy for Key State Trade and Investment Visit
President William Ruto has arrived in Italy for a three-day state visit aimed at enhancing bilateral relations between Kenya and Italy. Prime Cabinet Secretary Musalia Mudavadi confirmed Ruto's arrival on Monday, April 20, 2026. In his announcement, Mudavadi emphasized that the visit will involve high-level discussions focused on securing strategic
CS Ruku Assures Kenyans of Merit-Based Public Service Hiring
Cabinet Secretary for Public Service, Human Capital Development and Special Programmes, Geoffrey Ruku, has assured Kenyans that the government has established firm structures to guarantee fairness and meritocracy in public service recruitment. Speaking during a Sunday service at ACK St John's Apostle Kanyuambora in Mbeere North, Embu County, the CS emphasized
Siaya on the Brink of History as Kenya Pushes Bold Nuclear Energy Plan
Siaya County could soon find itself at the center of one of Kenya’s most ambitious projects yet — the country’s first nuclear power plant. Backed by the Nuclear Power and Energy Agency (NuPEA) and Kenya Electricity Generating Company, the proposed facility is gathering momentum, with a possible groundbreaking set for March