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Nairobi launches Beijing-inspired underpass network to unclog central business district

Construction has begun on the Greenpark Terminus Pedestrian Underpass, a 500-metre Beijing-inspired walkway at Haile Selassie Avenue and Uhuru Highway designed to protect pedestrians, improve traffic flow and complement other major road projects aimed at easing Nairobi’s congestion.

113 days ago•Development & Infrastructure•

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Business

KenGen Carbon Credit Tender Sparks Controversy Over Bidder Exclusion

A recent tender for 6.38 million carbon credits by the Kenya Electricity Generating Company (KenGen) has drawn scrutiny after a high-priced bidder was reportedly disqualified on a technicality. The incident highlights ongoing concerns about transparency and fairness in Kenya's nascent carbon markets.

SOStreamline Official

Oct 7, 2025

Business

CBK and Banks Clash Over Cheaper Credit Amidst New Pricing Model

The Central Bank of Kenya (CBK) and commercial banks are at odds over the direction and implementation of policies aimed at lowering credit costs, impacting private sector lending and economic growth.

SOStreamline Official

Oct 7, 2025

Business

Regulatory Gaps, Discounts Cloud EAPC Stake Sale

A proposed sale of a significant stake in East African Portland Cement (EAPC) faces intense scrutiny over alleged regulatory breaches and a substantial share discount, raising concerns about transparency and public interest. The transaction could significantly alter the ownership structure of a key national asset.

SOStreamline Official

Oct 7, 2025

Business

Aaron Cheruiyot's Ascent: Merit or Political Connections?

Kericho Senator Aaron Cheruiyot's rapid rise to Senate Majority Leader sparks debate on whether his political trajectory is a result of individual merit or strategic proximity to power. His influence in national politics and the South Rift region is undeniable, prompting scrutiny into the factors underpinning his success.

SOStreamline Official

Oct 6, 2025

Business

African Ex-Presidents Face Heightened Security Risks Post-Tenure

Many former African presidents contend with significant security challenges and political uncertainties after leaving office, impacting their post-presidential lives and regional stability. This trend raises concerns about governance and the treatment of past leaders across the continent.

SOStreamline Official

Oct 6, 2025

Business

Guardian Bank, Chandaria Get Reprieve in Lender Buyout Dispute

Guardian Bank and businessman Ashok Chandaria have received a reprieve in a protracted dispute over the buyout of a local lender, a development expected to influence financial sector policy discussions. The decision underscores the complexities of mergers and acquisitions within Kenya's banking industry.

SOStreamline Official

Oct 6, 2025

Business

Co-op Bank Wins Global Award for SME Product Innovation

Co-operative Bank of Kenya has been recognised internationally for its innovative approach to supporting Micro, Small, and Medium-sized Enterprises (MSMEs), a move expected to influence policy and market practices in Kenya's financial sector.

SOStreamline Official

Oct 6, 2025

Business

KBA Urges CBK to Cut Interest Rates Amid Favorable Economic Conditions

The Kenya Bankers Association (KBA) has recommended a cautious reduction of the Central Bank Rate (CBR) to stimulate private sector credit growth, citing low inflation and a stable shilling. This comes ahead of the Monetary Policy Committee (MPC) meeting scheduled for October 7, 2025.

SOStreamline Official

Oct 5, 2025

Business

Kenya's Exports Plummet, Debt Surges Amid Widening Deficit

Kenya's economy faces significant pressure as the current account deficit widened by 76.6% in the second quarter of 2025, driven by a sharp decline in exports and a rise in external debt. This trend could impact public debate and policy execution.

SOStreamline Official

Oct 5, 2025

Business

KTDA-Affiliated Factories Secure Sh679 Million at Mombasa Tea Auction

Smallholder tea factories linked to the Kenya Tea Development Agency (KTDA) collectively earned KSh 679 million from the sale of 2.60 million kilograms of tea at the Mombasa Tea Auction last week. This performance highlights the ongoing efforts within the tea sector to enhance farmer earnings amidst fluctuating market conditions.

SOStreamline Official

Oct 5, 2025

Business

Matiang'i Dismisses Opposition Rift Claims, Affirms Unity

Former Interior Cabinet Secretary Fred Matiang'i has refuted claims of disunity within the opposition, asserting a united front amidst ongoing political discourse. The statement comes as analysts suggest potential impacts on public debate and policy implementation.

SOStreamline Official

Oct 4, 2025

Business

Kenya's Economy Expands 5.0% in Q2 2025 Driven by Industrial Rebound

Kenya's economic growth accelerated in the second quarter of 2025, reaching 5.0 percent, primarily fueled by a significant resurgence in the industrial sector and sustained performance in services and agriculture.

SOStreamline Official

Oct 4, 2025