NAIROBI, Kenya, July 22 – Auron Energy E&P Limited, an affiliate of Kenya’s Gulf Energy, will acquire Tullow Oil Kenyan assets after signing a sale and purchase agreement. The deal, which was signed by Tullow Overseas Holdings BV, the parent company of the local entity, is valued at $120 million (Sh15.5 billion). Payments have been…
NAIROBI, Kenya, July 21, 2025 – The Micro and Small Enterprises Authority (MSEA), in partnership with SNV Netherlands Development Organisation, has concluded a series of policy awareness forums aimed at educating entrepreneurs in Uasin Gishu, Kisumu, and Nakuru counties on key government policies and business support services available to Micro, Small, and Medium Enterprises (MSMEs)….
NAIROBI, Kenya, July 20 – Naivas Supermarket has kicked off countrywide celebrations to mark its 35th anniversary, surprising shoppers with free giveaways and shopping vouchers at select branches across Nairobi and other regions. The leading retailer rolled out the appreciation campaign as a gesture of gratitude to Kenyans for their loyalty over the years. Customers…
JULY 19 – Sylvanian Families has become embroiled in a legal battle with a TikTok creator who makes comedic videos of the children’s toys in dark and debauched storylines. The fluffy creatures, launched in 1985, have become a childhood classic. But the Sylvanian Drama TikTok account sees them acting out adult sketches involving drink, drugs,…
NAIROBI, Kenya Jul 18 – The Kenya Wildlife Service (KWS), in collaboration with international partners in the BioRescue consortium, is exploring Assisted Reproduction Techniques (ART) using the only two remaining female northern white rhinos in the country to save the species from the brink of extinction. The unprecedented scientific rescue mission will involve the only…
JULY 17 – Jaguar Land Rover (JLR) is to cut up to 500 management jobs in the UK, as the carmaker faces pressure on sales and profits from US trade tariffs. JLR said it would launch a voluntary redundancy scheme, and that the cuts were not expected to exceed 1.5% of its British workforce. The…
NAIROBI, Kenya, July 16 – Standard Chartered and British International Investment (BII), the UK’s development finance institution, have unveiled a Sh13 billion ($100 million) trade finance facility aimed at boosting access to capital for businesses in Kenya and Tanzania. The new facility is expected to unlock over Sh58.5 billion ($450 million) in trade flows across both…
JULY 15 – US inflation jumped last month as President Donald Trump’s tariffs took hold, pushing up prices for items from clothing to coffee. Consumer prices rose 2.7% in the year to June, up from 2.4% the previous month, with prices rising at the fastest pace since February, the Labor Department said. Higher energy and…
NAIROBI, Kenya, July 14 – Affluent individuals will access up to Sh500 million in insurance coverage under a new deal between Prudential Life Assurance Kenya and Standard Chartered Bank Kenya. The product roll out comes at a time when demand for bespoke financial solutions among Kenya’s growing base of dollar millionaires and upper-income earners has…
Be the first to know about new content