Kenya’s Diaspora Remittances Hit Record High in July, Surpassing $414 Million Amid Easing US Inflation
NAIROBI, Kenya- Kenya’s diaspora has sent home the highest remittances since December 2023, driven by easing inflation in the United States. According to the Central...
Kenyans Feel the Pinch as Tanzania’s Cheap Produce Floods Local Markets
NAIROBI, Kenya- Kenya's local farmers are facing an uphill battle as an influx of cheap fresh produce from Tanzania floods the market, driving down...
Kenya’s Tourism Soars in First Half of 2024, Driven by Domestic Travel, Generating Sh142.5 Billion
NAIROBI, Kenya- Kenya’s tourism industry is on a winning streak, raking in Sh142.5 billion in the first six months of 2024, a significant 21.3pc...
Jumia Secures $99.6 Million from Share Sale: What’s Next for the African E-Commerce Giant?
NAIROBI, Kenya- Jumia has successfully completed a secondary offering of 20 million ordinary shares, raising $99.6 million in gross proceeds. This funding boost comes just...
Kenya Re-Insurance Corporation Faces Profit Dip Amid Rising Costs and Investment Challenges
NAIROBI, Kenya- Kenya Re-Insurance Corporation Limited (Kenya Re) is navigating a challenging financial landscape as it reports a 10pc drop in profits after tax...
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.