Business

CBK Flags Seven Banks for Falling Below Sh3 Billion Core Capital Requirement

NAIROBI, Kenya - The Central Bank of Kenya (CBK) has flagged seven commercial banks for failing to meet the minimum Sh3 billion core capital...

Kenya’s Dollar Millionaire Population Falls by 300

NAIROBI, Kenya - Kenya has lost 300 dollar millionaires in one year, according to the newly released Africa Wealth Report 2026, with the country's...

Government Clears Final Hurdle for Massive Lamu Refinery

NAIROBI, Kenya- Deputy President Kithure Kindiki has chaired a final government planning meeting ahead of the groundbreaking ceremony for the proposed East Africa Refinery...

Dangote Cement Rules Out New Plant in Kenya Over Limestone Challenges

NAIROBI, Kenya - Dangote Cement has ruled out establishing a manufacturing plant in Kenya in the medium term, citing difficulties in securing suitable limestone...

CMA Warns Kenyans Against Unauthorised Dangote Refinery IPO Offers

NAIROBI, Kenya — The Capital Markets Authority (CMA) has warned Kenyans against unauthorised offers and unverified information circulating in connection with the proposed Dangote...

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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.