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...
Mudavadi Impressed By Major Development At Tatu City
NAIROBI, Kenya- Kenya's economic blueprint is coming to life, and at the heart of this transformation are Special Economic Zones (SEZs). These zones are not...
Chrome Vodka Launches Nationwide Search for Graffiti Artists in #HonourTheStreets Campaign
NAIROBI, Kenya- Chrome Vodka is turning the streets of Kenya into a canvas, and they’re calling on graffiti artists nationwide to help them do...
Sasini Issues Profit Warning Amid Rising Costs and Global Economic Challenges
NAIROBI, Kenya- Sasini has issued a profit warning for the fiscal year ending September 30, 2024. The agricultural giant has pointed to a perfect storm...
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.