President William Ruto has officially reappointed Faith Boinett as the non-executive Chairperson of the Board of Directors of the Kenya Pipeline Company Limited (KPC), solidifying her leadership role in the state-owned enterprise. According to a gazette notice, Boinett’s new term will run for three years, commencing December 23, 2025. This…
The Siaya County Government has formalized a 10-year lease agreement with Nile Logistics Ltd to operate and modernize the Usonga Siriwo Rice Mill, marking a significant step in strengthening the county’s rice value chain and enhancing local farmer incomes. The agreement includes a performance review after three years, with the…
Tesla has officially introduced its new lower-priced Model 3 variant to the European market, marking a strategic move to stimulate sales amid rising competition and a noticeable downturn in demand. The launch comes two months after the vehicle’s debut in the United States, where it has been positioned as an…
The Kenyan government has announced plans to sell a 15% stake in Safaricom to Vodacom Group Limited, a deal valued at KSh 244.5 billion. The transaction, which involves 6,009,814,200 ordinary shares at KSh 34 each, will reduce the government’s holding in Safaricom from 35% to 20%. As part of the…
Domino’s Pizza Group has announced the departure of CEO Andrew Rennie after just two years in the role, with the company citing a “mutual agreement” to part ways. Rennie, a two-decade veteran of the firm, will be succeeded on an interim basis by Chief Operating Officer Nicola Frampton while Domino’s…
Paramount Bank has surpassed the Central Bank of Kenya’s (CBK) minimum core capital threshold of Ksh.3 billion well before the December 2025 deadline, marking a key achievement in its growth and regulatory compliance journey. The milestone followed a successful rights issue that raised Ksh.332 million from existing shareholders, lifting the…
A new proposal before Parliament could significantly reshape how foreign companies operate in Kenya. The Local Content Bill, 2025 introduced by Laikipia County Woman Representative Jane Kagiri on October 8, 2025 seeks to require international firms to source most of their products locally and ensure Kenyans hold the majority of…
The 2026 FIFA World Cup is poised to give U.S. tourism a significant boost following a slow 2025, when foreign visitors largely stayed away amid concerns over President Donald Trump’s trade policies and stricter border enforcement. According to the National Travel and Tourism Office, international arrivals to the U.S. were…
The National Treasury is preparing to issue detailed guidelines for implementing the newly enacted Virtual Assets Service Providers Act, 2025 a law designed to curb money laundering and bring regulatory oversight to digital assets, including cryptocurrencies. The Act, which took effect on November 4, 2025, establishes Kenya’s first comprehensive legal…
Disney and YouTube TV have reached a multi-year agreement, restoring the entertainment giant’s content to the streaming platform and ending a two-week blackout that coincided with a historic election night. The deal, finalized late Friday, November 14, 2025, ensures that Disney’s sports, entertainment, and news programming including ESPN and ABC…