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Category: Business / Finance

Benki ya Dunia yazuia PwC Kenya na Rwanda kutokana ulaghai wa mradi wa umeme
Business / Finance

Benki ya Dunia yazuia PwC Kenya na Rwanda kutokana ulaghai wa mradi wa umeme

Kevin SeweMarch 19, 2026

Benki ya Dunia imezizuia PwC Kenya, PwC Rwanda na PwC Associates Africa kushiriki katika miradi inayofadhiliwa na taasisi hiyo kwa muda wa miezi 21 kutokana na ulaghai wa mradi wa umeme wa kikanda nchini Ethiopia.

World Bank Bars PwC Kenya and Rwanda From Projects Over Ethiopia Power Tender
Africa Business / Finance Development East Africa International Kenya

World Bank Bars PwC Kenya and Rwanda From Projects Over Ethiopia Power Tender

Joy CheptooMarch 19, 2026

The World Bank said the sanction follows findings of fraudulent and collusive practices connected to consultancy work under the Eastern Electricity Highway Project, which is part of the Eastern Africa Power Integration Program.

“We Are Not Going to Compromise Independence,” Rostam Aziz Says on Nation Media Deal
Africa Business / Finance East Africa Kenya People Politics Tanzania

“We Are Not Going to Compromise Independence,” Rostam Aziz Says on Nation Media Deal

Joy CheptooMarch 11, 2026March 11, 2026

According to him, the future of the media group lies in expanding its reach, especially among younger audiences and emerging businesses.

Who is business mogul Rostam Azizi?
Business / Finance East Africa

Who is business mogul Rostam Azizi?

Kevin SeweMarch 11, 2026

Rostam Abdulrasul Azizi was born on August 21, 196O, in the Igunga District of Tabora Region, Tanzania. He grew up…

Tanzanian Billionaire Rostam Azizi buys Kenya’s Nation Media Group
Business / Finance

Tanzanian Billionaire Rostam Azizi buys Kenya’s Nation Media Group

Kevin SeweMarch 11, 2026March 11, 2026

Rostam Azizi currently controls 54.08% of Nation Media Group, equal to 92,618,177 ordinary shares.

Tanzanian Businessman Rostam Aziz Set to Become Top Shareholder in Nation Media Group
Africa Business / Finance East Africa Kenya People Politics Tanzania Uganda

Tanzanian Businessman Rostam Aziz Set to Become Top Shareholder in Nation Media Group

Joy CheptooMarch 11, 2026

In a notice to shareholders, AKFED said it intends to transfer its stake in Nation Media Group through a reorganization involving NPRT Holdings Africa Limited, a company that is expected to be acquired by Taifa Ltd, a firm owned by Aziz.

KRA rolls out body cameras in war against bribery, tax evasion
Business / Finance Kenya

KRA rolls out body cameras in war against bribery, tax evasion

Kevin SeweMarch 10, 2026

The Kenya Revenue Authority (KRA) has rolled out body-worn cameras for customs and border control officers to strengthen transparency and accountability at Kenya’s entry points.

Industry Leaders Declare Africa a New Frontier Market during Landmark Forex Expo
Business / Finance

Industry Leaders Declare Africa a New Frontier Market during Landmark Forex Expo

Kevin SeweMarch 10, 2026March 10, 2026

NAIROBI, Kenya – March 10, 2026 – The inaugural Africa Forex Trading Expo 2026 opened today at Sarit Expo Centre…

US Loses 92,000 Jobs in February in Surprise Decline: Gov’t
Business / Finance International People

US Loses 92,000 Jobs in February in Surprise Decline: Gov’t

Wadh KassimMarch 6, 2026

Economists had widely expected a sharp slowdown in job growth, although not an outright decline.

Liberty Life Kenya and Heritage Insurance Kenya Attained AA+ Credit Ratings from Global Credit Rating
Business / Finance

Liberty Life Kenya and Heritage Insurance Kenya Attained AA+ Credit Ratings from Global Credit Rating

Kevin SeweFebruary 25, 2026

Liberty Life Kenya and Heritage Insurance Kenya, both subsidiaries of Liberty Kenya Holdings, have attained an AA+(KE) financial strength rating with a Stable Outlook by GCR, an affiliate of Moodys global rating agency.

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