Kenya’s Tax Hikes Unlikely to Boost Revenue, World Bank Cautions

NAIROBI, Kenya – Kenya’s efforts to raise additional revenue through higher taxes may be in vain, according to the latest Public Finance Review by...

MojaEV, Green Max Capital ink deal to spur EV public transport in Kenya

NAIROBI, Kenya, May 28— Electric vehicle distributor MojaEV has signed a financing agreement with Green Max Capital Advisors to accelerate the deployment of electric...

Future of Muguka in Doubt as Parliament Considers Delisting Crop

NAIROBI, Kenya - The future of muguka, a stimulant crop at the heart of a Sh22 billion economy in Embu County, now hangs in...

Kenya Records 4.7% Growth in 2024 as Economy Loses Steam – KNBS

NAIROBI, Kenya- Kenya’s economic growth slowed to 4.7 percent in 2024 from a revised 5.7 percent in 2023, Kenya National Bureau of Statistics (KNBS)...

Absa Bank Reports a 4pc Growth in Net Profit to Sh6.2 billion in Q1 2025

NAIROBI, Kenya — Absa Bank Kenya has posted a 4% rise in net earnings to Sh6.2 billion for the first quarter ending March 31,...

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The Scoop by Y News is a one-page online magazine that takes you straight into Kenya's corridors of power. Each edition delivers sharp, thrilling stories – secrets, deals, and behind-the-scenes intrigues shaping the nation. Designed for the fast reader, The Scoop is made to be consumed in a glance and shared in a click.