DAR ES SALAAM – The Tanzanian government has implemented sweeping regulations prohibiting the use of foreign currencies for domestic transactions, requiring all goods and services within the country to be priced and paid for exclusively in Tanzanian Shillings (TZS). In a move aimed at strengthening its national currency and monetary sovereignty, the Bank of Tanzania […]
A bombshell petition presented to the Kenyan Senate has ignited calls for urgent investigations into East African Breweries Limited (EABL), one of Kenya’s oldest and most iconic companies, over allegations of fraudulent shareholding, massive tax evasion, and the systematic erosion of its Kenyan legacy. The petition, lodged by Rono Nicholas Liom of Bomet County and […]
A Nairobi-based forex trader Michael Gitonga who is battling charges of defrauding clients of Ksh 215.3 million now wants the case at lower court withdrawn. When he appeared before magistrate Benmark Ekhubi,the court was informed that Capital Markets Authority which is a complainant in this case has an investigation department and this matter will be […]
A wealthy Kenyan investor has purchased six luxury properties worth over Sh350 million in Dubai, sparking widespread speculation about their identity and the source of their wealth. The discovery came to light when a video emerged showing Dubai-based real estate agents celebrating recent sales achievements at what appears to be their office headquarters. In the […]
The Institution of Engineers of Kenya (IEK) has launched a scathing attack on Nairobi County’s digital development approval system, claiming it has been “purposely made to fail” to facilitate corruption and bribery. In a strongly-worded statement released yesterday, the engineering body alleges that Governor Johnson Sakaja’s much-touted Nairobi Planning & Development Management System (NPDMS) has […]
KISUMU COUNTY — Workers at Zipline Kenya Ltd, a drone logistics company that has made headlines for its innovative approach to medical deliveries, are reportedly facing a different kind of challenge on the ground — a toxic work environment that threatens to undermine the company’s operations. According to information obtained by Kenya Insights, employees at […]
The Central Bank of Kenya (CBK) is “actively considering” adding gold to its foreign exchange reserves as part of a strategy to diversify beyond the US dollar and other currencies, according to Governor Kamau Thugge. Speaking on the sidelines of the International Monetary Fund and World Bank Spring Meetings in Washington DC, Governor Thugge revealed […]
In a significant corporate restructuring, Radio Africa Limited has let go of 27 employees, some of whom had been with the company for over two decades. The announcement came through an internal memorandum issued on April 25, 2025, by Group CEO Martin Khafafa. According to the memo seen by Kenya Insights, the decision was described […]
The Central Bank of Kenya (CBK) has launched its annual internship program aimed at developing young talent for the banking and financial sector. The one-year program seeks to prepare recent graduates for employment opportunities by providing hands-on experience in central and commercial banking operations. According the announcement, the CBK is recruiting interns across several departments […]
Managing your personal finances effectively is one of the most important skills you can develop, yet it’s one that many people struggle with. Between everyday expenses, unexpected emergencies, and long-term goals like homeownership or retirement, it’s easy to feel overwhelmed. However, by taking small, consistent actions, you can build a strong financial foundation that supports […]
Kenya is poised to draw down the first tranche of $500 million (Sh64.8 billion) next week from its $1.5 billion (Sh194.3 billion) United Arab Emirates-backed commercial loan, as the government races to meet its external budget financing targets before the end of the fiscal year in June. Treasury Cabinet Secretary John Mbadi confirmed that all […]
Serious questions are emerging over President William Ruto’s decision to welcome back a Chinese steel manufacturer previously banned from operating in Kenya due to serious safety concerns, the Nation has learned. Rongtai Steel Company Limited, which was suspended by the Kenya Bureau of Standards (KEBS) just three months ago for producing substandard construction materials, is […]
