Fuel and Food Price Hikes Push Kenya’s Inflation to 4.1%
Kenya’s inflation rate rose to 4.1 percent in July 2025, largely due to the rising costs of fuel and food.
High Court Confirms Legal Sale of Simbamanyo Properties in Loan Row
The High Court in Kampala has ruled that the sale of Simbamanyo Estates’ two prime properties was lawful, ending a lengthy legal battle over a $10 million loan dispute involving Equity Bank and the estate of the late Peter Kamya.
China’s COSCO Eyes Stake in $23B Panama Ports Deal Shift
China’s state-owned shipping giant COSCO is pushing to join a major $23 billion deal to acquire port assets owned by Hong Kong-based CK Hutchison, including key terminals on both sides of the Panama Canal.
US and EU Reach Major Trade Deal with 15% Tariff Agreement
The United States and the European Union have reached a major trade agreement, ending months of tense negotiations between two of the world’s largest economic powers.
Kenya Wins Sh258.5 Billion Railway Dispute in London Court
Kenya has won a major legal battle after a London court dismissed a Sh258.5 billion claim over a failed railway project.
Airtel Africa’s Quarterly Profit Soars 370% on Data, Mobile Money Surge
Airtel Africa has reported a massive 370% rise in profit for the quarter ending June 2025, driven by a strong increase in mobile data usage and rapid growth in its mobile money platform across its 14 African markets.
Safaricom Hits 50 Million Users as It Nears 25-Year Milestone
Safaricom PLC has officially surpassed 50 million customers on its Kenyan mobile network, marking a major milestone just months before the company celebrates its 25th anniversary in October 2025.
BasiGo Begins Testing Electric Matatus on Inter-City Routes
BasiGo has launched a pilot program to test electric matatus on inter-city routes, marking a significant step in Kenya's push toward cleaner public transport.
Mining Sector’s Share in GDP Falls to 4.38% in Q1 2025
The mining and quarrying sector contributed 4.38 per cent to Nigeria’s GDP in the first quarter of 2025, according to the National Bureau of Statistics (NBS).