Business

Bidco Chair Vimal Shah Tells Court How He Lost Sh102.4m in Failed Forex Deal

NAIROBI, Kenya — Bidco Africa Chairperson Vimal Shah has told a court how the company lost about Sh102.4 million in a failed foreign exchange...

Spiro Partners With World’s Largest Electric Boda Maker

NAIROBI, Kenya - African electric mobility company Spiro has partnered with Chinese electric vehicle manufacturer Yadea to expand access to electric two-wheelers and accelerate...

KRA Approves 15 Private Vendors to Take Over Cargo Tracking

NAIROBI, Kenya - The Kenya Revenue Authority (KRA) has approved 15 private vendors to provide electronic cargo monitoring and tracking services, paving the way...

Twiga Foods Placed Under Administration as Financial Pressures Mount

NAIROBI, Kenya - Twiga Foods has been placed under statutory administration, marking a major setback for one of Kenya's best-known agritech startups.According to a...

Kenyan Banks Post Record Profits as Loans Cross Sh4.5 Trillion

NAIROBI, Kenya - Kenyan banks recorded stronger earnings and lending growth in the second quarter of 2026, signalling an acceleration in credit activity as...

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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.