Counties to Receive Sh405 Billion in 2025/26 Budget

NAIROBI, Kenya - Counties will receive Sh405 billion as equitable share of revenue in the 2025/26 financial year, marking a Sh17.6 billion increase from...

Kenya Joins EU Watchlist as Concerns Mount Over Money Laundering Gaps

NAIROBI, Kenya - The European Commission has placed Kenya on its updated list of high-risk jurisdictions with strategic deficiencies in anti-money laundering and counter-terrorism...

Kenya Faces Worst Loan Default Crisis in 20 Years as Economic Pressures Deepen

NAIROBI, Kenya - Kenya’s loan default rate has climbed to its highest level in two decades, underscoring the growing financial distress facing households and...

Absa Introduces Innovative Credit Card to Support Growth of MSMEs in Kenya

NAIROBI, Kenya- Absa Bank, in partnership with Visa, has rolled out a new credit card tailored for Micro, Small, and Medium Enterprises (MSMEs), aiming...

IMF Delegation to Begin Financial Talks With Kenya in September

NAIROBI, Kenya– Kenya is set to enter high-level negotiations with the International Monetary Fund (IMF) this September, targeting both a fresh financing deal and...

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The Scoop- Walls Have Ears

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.