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News
Record Diesel Prices Cross Six Dollars as Refining Squeeze Deepens
15+ hour, 32+ min ago (1141+ words) streamlinefeed.co.ke Porini Point Apartments for Sale in Tatu City, Kenya Porini Point is a large, phased apartment development planned within Tatu City, a 5,000-acre mixed-use city in Kiambu County. The development is designed as a low-rise residential community…...
Glo Captures Almost Half Of Nigeria's New Internet Subscribers
4+ day, 6+ hour ago (321+ words) Industry-wide, active internet subscriptions climbed from about 154.3 million in April to approximately 157 million in May. Glo's 1.3 million therefore represents about 49 per cent of the month's net additions, a share no other operator approached, on a simple division of the company's…...
Treasury yields hit multi-year highs ahead of inflation data
4+ day, 6+ hour ago (491+ words) The 10-year US Treasury yield rose to 4.867%, its highest since November 2023, as traders braced for wholesale inflation data and next week's Fed decision. US Treasury yields climbed to multi-year highs on Thursday, with the 10-year note up more than two…...
Nigeria spends N3.30 trillion on food and beverage imports in first half of 2026
4+ day, 8+ hour ago (672+ words) The National Bureau of Statistics reported a slight decline in the national food import bill compared to 2025, though agricultural analysts warn of persistent currency and food security pressures. Nigeria spent N3.30 trillion on food and beverage imports during the first six…...
Tanzania's Inflation Accelerates to 4.3% as Transport Costs Surge by 13.8%
5+ day, 14+ hour ago (337+ words) Tanzania's inflation rate hit 4.3 percent in August, driven entirely by a staggering 13.8 percent spike in the transport sector that threatens EAC trade. Tanzania's annual inflation rate accelerated to 4.3 percent in August 2026, driven by a sharp 13.8 percent surge in the transport…...
G20 Scrutinizes Global Debt Distress While Ignoring Internal Fiscal Crises
1+ week, 5+ day ago (292+ words) As finance ministers focus on debt in emerging markets, the G20 remains silent on the ballooning sovereign deficits threatening its own member states. As finance ministers converge to dictate fiscal prudence to emerging markets, the Group of 20 remains conspicuously silent on…...
Why Asset Finance Drives Growth for Kenyan Agribusiness
1+ week, 5+ day ago (517+ words) Asset finance is emerging as the premier strategy for agribusiness expansion, allowing smallholders to leverage machinery as direct collateral for growth. In Uasin Gishu County, Elisha Kibet managed a modest agricultural enterprise on two acres of inherited land, earning approximately…...
How Financing Constraints Slowed Kenya's Vision 2030
1+ week, 5+ day ago (274+ words) Kenya launched Vision 2030 in 2008 promising a middle-income economy. Financing gaps, rising debt and stalled construction finance left flagship projects behind. Konza Technopolis was billed as Africa's Silicon Savannah when Kenya broke ground in Machakos County in 2013. A decade on, the…...
Kenya's Unpaid Bills Top Sh524 Billion Even as Deficit Narrows
1+ week, 5+ day ago (264+ words) Kenya's unpaid government bills exceed Sh524.8 billion even as the budget deficit narrows, piling pressure on suppliers, counties and the Treasury. Kenya's government still owes suppliers more than Sh524.8 billion for goods and services delivered years ago, even as the National Treasury…...
Epson Bets KSh19.4 Million on Expanded Nairobi Office
1+ week, 5+ day ago (389+ words) Epson injects KSh19.4 million into a 50 per cent bigger Nairobi office, adding a showroom and training hub for its regional East Africa operations. Epson opened a 250 square metre Nairobi office on Tuesday, 1 September 2026, after spending KSh19.4 million to expand its Kenyan footprint…...