Business-driven stories that matter
Stay connected with the latest insights from our business ecosystem.
Central Bank of Kenya Governor Kamau Thugge has alerted Parliament to significant liquidity challenges that are hampering the nation's ability to service its ballooning public debt, which now stands at Sh11.8 trillion.
Driven by dire economic prospects and the allure of high salaries, hundreds of Kenyans, including former soldiers, are being recruited to fight for Russia in Ukraine, often through deceptive means, prompting a diplomatic crisis for Nairobi.
The investment from Mauritian firm Phoenix Beverages signals growing intra-African confidence in Kenya's manufacturing sector, promising to scale up local production and expand market reach for the craft beverage maker.
