Kenya Private Sector
NAIROBI, Kenya – Kenya private sector activity contracted for the third consecutive month in May, highlighting growing pressure on businesses as weak consumer demand, rising fuel prices, and inflation weighed heavily on economic performance. According to the latest Stanbic Bank Kenya Purchasing Managers’ Index (PMI), the country’s private sector recorded a reading of 46.6 in […]
Bolt Dismisses Viral Shutdown Letter as Fake
Ride-hailing company Bolt has dismissed as fake a viral letter circulating on social media claiming that the company would cease operations in Kenya on June 8, 2026. The purported notice, which was widely shared online on Monday, alleged that Bolt had decided to exit the Kenyan market following challenges in addressing driver concerns while maintaining […]
Inflation and Fuel Prices Rise
NAIROBI, Kenya – The cost of living in Kenya has surged to its highest level in over two years, driven by the compounding effects of a global oil supply shock and escalating tensions in the Middle East. The latest data released by the Kenya National Bureau of Statistics (KNBS) on Friday shows that the Inflation and Fuel […]
Digital Traffic Fines System
NTSA to Roll Out Digital Traffic Fines System on June 1 NAIROBI, Kenya — The National Transport and Safety Authority (NTSA) has announced that its new digital traffic fines system will take effect on June 1, 2026, allowing motorists accused of minor traffic offences to receive notifications through SMS and email. The system replaces the […]