Business
Business and economic news from Kenya and across Africa. Markets, companies, trade, taxes, jobs and the cost of living, explained for readers, entrepreneurs and investors.
UK Slips to Eighth as Kenya’s Diaspora Remittance Sources Shift
NAIROBI, Kenya — The United Kingdom has lost its long-standing position as one of Kenya's leading sources of diaspora remittances, with new data showing...
Kenya Secures Sh162 Billion World Bank Financing Boost
NAIROBI, Kenya- Kenya has secured a US$1.25 billion (about Sh161.9 billion) financing package from the World Bank, providing a major boost to the country's...
Former Absa Kenya CEO Abdi Mohamed Named I&M Bank Kenya CEO
NAIROBI, Kenya — I&M Group PLC has appointed seasoned banker Abdi Mohamed as the new Chief Executive Officer of I&M Bank Kenya, marking a...
CBK, Clearstream Launch Market Link to Attract Global Investors to Kenya Securities
NAIROBI, Kenya — The Central Bank of Kenya (CBK) and international financial services provider Clearstream have launched a new market connectivity platform that will...
BRICS Bank Approves US$1 Billion Infrastructure Loan for South Africa
SHANGHAI, China — The New Development Bank (NDB) has approved a loan of up to US$1 billion (approximately Sh129 billion) to South Africa to...
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.




