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.
Oil Prices Surge Past $90 as Iran War Disrupts Global Energy Supplies
NEW YORK, United States — Global oil prices surged sharply on Friday, putting them on course for their biggest weekly jump since early 2020...
Standard Chartered Moves to Auction Nakumatt Properties Over Loan Default
NAIROBI, Kenya — Standard Chartered Bank Kenya Limited has issued a statutory notice to Nakumatt Investments Limited over unpaid loans linked to the collapsed...
Kenya Pipeline Company IPO Shows Broad-Based Share Ownership After Oversubscription
NAIROBI, Kenya — The Kenya Pipeline Company (KPC) has released the detailed breakdown of its new shareholding structure following the successful conclusion of its...
Kenya to Launch Open Fibre Data Standard to Cut Broadband Costs
NAIROBI, Kenya — Kenya will introduce an Open Fibre Data Standard (OFDS) and a Shared Fibre Infrastructure Database to improve broadband access and cut...
Tourism Fund Upgrades eLevy Portal to Boost 2pc Tourism Levy Compliance
NAIROBI, Kenya — The Kenya Tourism Fund has upgraded its eLevy portal, easing compliance for hotels, restaurants, and short-term rental operators required to remit...
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.




