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Kenya to overtake Ethiopia as East Africa’s largest economy – IMF

 Kenya is set to overtake Ethiopia as East Africa’s largest economy, the International Monetary Fund (IMF) has said in new projections for the year 2025. According to the IMF projections, Kenya’s GDP is forecasted to increase to $132 billion in 2025, surpassing Ethiopia’s $117 billion. The projections come in the wake of the devaluation of
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From hardware to paint making: The inspiring story of United Paints company

 The paint industry is one of the booming sectors in Kenya, thanks to the increasing construction activities. Investors are now rushing to invest in the sector to address the high demand for paint products. United Paints, a renowned manufacturer of the Unicolor brand, is one of the major players in Kenya’s paint industry. The company
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Standard Media ordered to pay ex-CEO Orlando Lyomu Sh34 million

 Financially troubled Standard Media Group has been ordered to pay its former chief executive officer Orlando Lyomu Sh34 million. According to the orders that were issued by the Employment and Labour Court, the media house will pay Lyomu the amount in 12 monthly instalments. The amount is the balance of a total of Sh38 million
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30,000 cylinders and other new requirements to start cooking gas business

 The Energy and Petroleum Regulatory Authority (EPRA) has unveiled new regulations targeting investors intending to venture into the Liquefied Petroleum Gas (LPG) market. The regulations are part of the regulator’s efforts to drive away cartels paralyzing the gas market. Under the proposed Petroleum (Liquefied Petroleum Gas) Regulations of 2024, investors venturing into the cooking gas
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Finsco Africa & Co-operative Bank partner to drive investment in real estate in Kenya

 Finsco Africa and the Co-operative Bank of Kenya have signed a Memorandum of Understanding (MOU) that will see the two institutions collaborate to enhance access to financial solutions and drive investment in Kenya’s real estate sector. The MOU seeks to open up new opportunities for individuals, investors, and developers seeking financing for property ownership, construction,
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AM Communications donates to cancer diagnosis initiative at Gertrude’s Hospital

 Gertrude’s Hospital Foundation has received a donation earmarked for the diagnosis and treatment of paediatric cancer under the Kenya Childhood Cancer Programme from AM Communications. The communications company has donated Ksh. 100,000 towards the initiative. The donation, presented at Gertrude’s Children’s Hospital in Muthaiga, is part of AM Communications’ commitment to giving back to the
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KALRO announces mass auction of vehicles, furniture and lab equipment

 The Kenya Agricultural and Livestock Research Organization (KALRO) has announced disposal of cars and other assorted items through a public auction. In a public notice on April 22, KALRO said the auction will be conducted by M/S Garam Investments Auctioneers and M/S Igare Auctioneers from May 5 to May 14, 2025. Successful bidders will get
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