Business & Economy

Business news, market updates, technology, and economic developments affecting Kenya and the global economy.

Latest in Business & Economy

• Business S&P 500 Hits Record High After Unexpected U.S. Job Losses Weaker-than-expected July employment data eased concerns about Federal Reserve rate hikes, sending major indexes...
• Business Chip Stocks Rally Continues Premarket as AI Demand Overrides July Selloff Fears Advanced Micro Devices and fellow semiconductor names extended Thursday’s sharp rebound into Friday’s premarket...
• Business Tech News: Apple Vision Pro VP Paul Meade Reportedly Joins OpenAI’s Hardware Push In a notable executive move, Paul Meade — Apple’s vice president overseeing the Vision Pro headset — is set to leave...
• Business Local Pharmaceutical Manufacturing Strategy 2026-2030: Kenya’s Push for Health Sector Self-Reliance The Ministry of Health’s new five-year strategy targeting 50% local production of essential medicines and vaccines...
• Business Our Ocean Conference Delivers $6.4 Billion in Commitments: Boost for Kenya’s Blue Economy Ambitions The recently concluded Our Ocean Conference in Mombasa has secured substantial global funding for sustainable...
• Business Kenya’s Ambitious Oil Refinery Plans: Strategic Response to Global Supply Chain Vulnerabilities As discussions intensify on establishing a regional oil refinery, Kenya positions itself to reduce dependence on...
• Business Absa’s $238 Million Push to Raise Stake in Absa Bank Kenya: Signal of Confidence in East African Banking Hub Absa Group’s plan to increase its shareholding in Absa Bank Kenya to 85% through a significant tender offer highlights...
• Business Fuel Stabilization Fund Faces First Test Amid Ongoing Matatu Strikes and Transport Disruptions As matatu operators continue protesting rising operational costs today, the Sh21.5 billion fuel stabilization fund in...

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