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.
Saccos Risk Heavy Losses After Kuscco Insurer Placed Under Statutory Management
NAIROBI, Kenya — Savings and Credit Cooperative Societies (saccos) across Kenya are facing potential losses after a troubled insurer linked to their umbrella body...
Ruto Signs Law Creating Railway Development Levy Fund to Finance Infrastructure
NAIROBI, Kenya — President William Ruto has signed into law legislation establishing the Railway Development Levy Fund, a financing mechanism expected to channel billions...
Direct Shipping Links Between East Africa and India Highlighted in KPA Meeting
MOMBASA, Kenya – The William Ruto met with Arjit Pande during a courtesy visit aimed at strengthening maritime and trade relations between Kenya and...
KDC Channels Sh250M Through SACCOs to Expand Affordable Credit to MSMEs
KAPSABET, Kenya – President William Ruto today presided over the issuance of a KSh 250 million financing facility by the Kenya Development Corporation (KDC)...
Parliament Backs Sale of State Safaricom Stake to Vodacom
NAIROBI, Kenya — Parliament has approved the proposed sale of a 15pc government stake in Safaricom PLC to Vodacom Group in a deal valued...
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.




