Kenya’s ports are bursting at the seams with Chinese smartphones—and behind the scenes, a storm is brewing. In a jaw-dropping twist, the country’s total imports have soared to a staggering Sh576.14 billion in 2024, driven largely by a deluge of smartphones flooding in from China. This comes despite aggressive government crackdowns on customs loopholes and […]
Kenya Shocks the Markets with Massive Ksh193 Billion Eurobond Deal!
The Kenyan government has pulled off a jaw-dropping Eurobond deal worth a staggering Ksh193 billion (approx. $1.5 billion) — a bold maneuver that caught many by surprise! Sources close to the National Treasury confirmed that two international banking giants orchestrated the high-stakes transaction, allowing Kenya not only to raise new capital but also to strategically […]
Kenyan Businesses Surge in April Amid Raw Material Rush – But There’s a Catch!
April unleashed a storm of business activity like the country hasn’t seen in over two years! Companies across the board scrambled to snap up raw materials and critical supplies, responding to a dramatic spike in customer orders that sent production into overdrive. Economic Shockwave: Fastest Growth Since 2022!According to a newly released Stanbic Bank Kenya […]
Billion-Shilling KEBS Tender Halted as Court Drops Legal Bombshell!
Kenya’s Court of Appeal has frozen a massive KEBS tender worth billions, dealing a heavy blow to foreign companies lined up to win it. This unexpected pause follows a fiery legal battle launched by Precision Experts Ltd, who allege the tender was rigged to edge out local contractors in favor of international giants. The explosive […]
Governor WANGA’s brother MAXWELL exposed – Engage him in business at your own risk
Governor Gladys Wanga’s brother Maxwell is said to be taking advantage of his sister’s political influence and connections to deceive unsuspecting business individuals. Political commentary books He reportedly behaves as though he is exempt from legal consequences and even threatens high-ranking county officials. A senior county official recently considered resigning due to frustration caused by […]
Government Wants IMF to Give It Ksh. 477 Billion After Finance Bill Withdraws.
The government has submitted its economic resuscitation plan to the International Monetary Fund (IMF) for approval, following the withdrawal of the contentious Finance Bill, 2024. The public authority has presented its financial revival plan to the International Monetary Fund (IMF) for endorsement, following the withdrawal of the combative finance Bill, 2024. President William Ruto’s organization […]
Morris Njuguna: Kenyan Who Arrived in the UK as a Student Now Running Successful Shipping Company.
Morris Njuguna is the founder of an international shipping company, Ken Exports. In an interview, he noted that he traveled to the United Kingdom (UK) as a postgraduate student in 2003. Njuguna had recently graduated from the University of Nairobi with a degree in Economics and Social Studies and was about to begin his Mater’s […]