New Report Reveals Taxpayers Financing Failing State Corporations as Fiscal Risks Mount
NAIROBI, Kenya — Kenya is spending billions of shillings propping up loss-making state enterprises that continue to underperform despite repeated bailouts, a new report...
Opaque Power Deals and Weak Regulation Blamed For Kenya’s Costly Electricity
NAIROBI, Kenya — Non-transparent procurement of power purchase agreements (PPAs), long-standing dominance by state utilities, and slow implementation of open-access rules are driving Kenya’s...
Hundreds of Firms Face Closure as Registrar Moves to Strike Off 742 Companies
NAIROBI, Kenya — Hundreds of Kenyan businesses face dissolution after the government issued a notice to strike off 742 companies from the Register of...
AFA Lists 11 Firms For New Coffee Export Licences
NAIROBI, Kenya — Eleven companies have been earmarked for licences to export coffee from Kenya, marking another step in the government’s ongoing reforms to...
Cytonn’s Key Real Estate SPVs Placed Under Administration as Court Confirms Sh11 Billion Investor Exposure
NAIROBI, Kenya — Three major Cytonn Investments real estate project vehicles have been placed under administration, marking a decisive turn in a long-running financial...
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.