Economy, finance, market updates, and corporate developments.
Kenya’s withdrawal of the kerosene subsidy has narrowed the price gap between kerosene and diesel, reducing the incentive for illegal fuel adulteration as households face higher fuel costs.
16 Oct 2026
Facing rising commercial feed costs, Homa Bay poultry farmers turn to black soldier fly larvae — grown from organic waste — as a cheaper, protein-rich feed that's also boosting egg production.
A ship carrying 2,930 tonnes of equipment for the planned Sh2.2 trillion Dangote East African Refinery has docked at Lamu Port ahead of the project’s groundbreaking ceremony.
The High Court dismisses Kajiado County's application to join the Tata Chemicals Magadi licence suspension case, ruling its land and rates disputes are separate from the issues before the court, with judgment set for October 23.
Winners' Chapel's 109,000-seat auditorium, The Ark, nears completion in Ota, Nigeria — featuring 126 escalators and 29 elevators, and poised to become one of the world's largest purpose-built worship venues.
CBK penalises 33 of Kenya's 38 commercial banks for failing to comply with risk-based credit pricing rules, as overall regulatory violations more than triple to 35 banks in a year.
Quickmart's owner, Sokoni Retail Kenya, plans to sell up to 57.5% of the supermarket chain in an NSE offer for sale launching around September 30 — giving investors a stake in a retailer that posted Sh50.4 billion in 2025 revenue.
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