Kenyan manufacturers are being encouraged to explore export opportunities in the European Union following the launch of a new catalogue outlining products and services available from the country. The Kenya Association of Manufacturers (KAM), in collaboration with government and private sector stakeholders, launched the 2026 Kenya-EU EPA Export Catalogue at the Serena Hotel in Nairobi. The publication identifies export-ready products across several sectors and provides contacts to help European buyers connect with Kenyan suppliers. The launch comes as manufacturers seek to take advantage of the Kenya-European Union Economic Partnership Agreement (EPA), which took effect on 1 July 2024 and provides…
Author: NBM CORRESPONDENT
Independent petroleum dealers have threatened to stop buying fuel from oil marketing companies they accuse of charging above the maximum wholesale prices set by the Energy and Petroleum Regulatory Authority (EPRA). The warning raises concerns about possible supply disruptions and petrol station closures. On Tuesday, October 27, the Petroleum Outlets Association of Kenya (POAK) and the Kenya Independent Petroleum Dealers Association (KIPEDA) issued a statement urging operators across the country to stop buying petroleum products from suppliers charging more than the maximum wholesale prices set by EPRA. The associations said the alleged violations were making it increasingly difficult for independent…
The Standard Group PLC has appointed its Acting Editor-in-Chief, John Bundotich, as acting Chief Executive Officer, with effect from November 1, 2026. Bundotich has led the group’s newsroom since January 2025. In a notice to shareholders and the public, the media house’s board said the appointment was made under Paragraph 11 of the Thirteenth Schedule of the Capital Markets (Public Offers, Listings and Disclosures) Regulations, 2023, which requires listed companies to disclose changes in senior management. Bundotich takes over from Chaacha Mwita, whose resignation as Chief Executive Officer and Executive Director was announced on October 16, 2026, and takes effect…
Several Chinese brands have dropped French footballer Kylian Mbappé following a a backlash over alleged comments referring to the late Chinese leader Mao Zedong. Mbappé reportedly told a French talk show The Bridge the meme “that makes me laugh the most, it’s the one where there’s a video of a guy, I think it’s a Chinese dictator…” As he trails off, a meme of his face superimposed on an image resembling Mao appears. The Real Madrid forward’s nickname – “the dictator” – because of his huge influence is a popular meme and a running joke. But the joke did not…
Management University of Africa (MUA) has announced the appointment of former Education Cabinet Secretary Prof. Jacob Thuranira Kaimenyi as the university’s second Chancellor. Prof. Kaimenyi takes over from the founding Chancellor, Dr. Architect Reuben Musyoka Mutiso, whose tenure ended on October 21, 2026. The university’s board of trustees expressed optimism that Prof. Kaimenyi’s vast experience in governance, academia and diplomacy would contribute to the institution’s continued pursuit of excellence. “We are delighted to congratulate Prof. Jacob Kaimenyi on his well-deserved appointment. His exemplary service in the fields of education and public service will no doubt propel the university to greater…
Zimbabwean President Emmerson Mnangagwa has taken over the chairmanship of the Common Market for Eastern and Southern Africa (COMESA) from Kenya’s President William Ruto, marking the end of Kenya’s year-long leadership of the regional economic bloc. The handover took place on Thursday, October 22, during the 25th COMESA Summit of Heads of State and Government at the New Parliament Building in Mount Hampden, Harare. Ruto assumed the chairmanship at the bloc’s 24th summit in Nairobi on October 9, 2025. Zimbabwe will now lead efforts to advance regional trade, attract investment and accelerate industrialisation among COMESA’s 21 member states. In his…
Students wishing to study in the United Kingdom will need to show higher levels of funding from 30 November 2026 to meet the maintenance (living-cost) requirement. The Home Office confirmed this change in the Statement of Changes to the Immigration Rules in September. Every Student visa application submitted on or after 30 November 2026 must use the new amounts. Applications submitted on or before 29 November 2026 will be assessed against the limits in effect on the date of application. Students who wish to study in London must show at least £1,570 each month in available funds. That is about…
Kenya’s annual inflation rate rose to 6.8% in September 2026 from 6.6% in August, remaining within the Central Bank of Kenya’s (CBK) target range of 2.5% to 7.5%, according to the Kenya National Bureau of Statistics (KNBS). The increase means consumer prices were 6.8% higher in September 2026 than in the same month last year. According to KNBS, the main contributors to annual inflation were food and non-alcoholic beverages, transport, and housing, water, electricity, gas and other fuels. Core inflation, which reflects underlying price pressures, increased from 3.4% in August to 4.0% in September, while non-core inflation declined from 14.7%…
Kenya Pipeline Company (KPC) Plc grew its net profit by 13 per cent to Sh11.58 billion in the financial year ended June 2026, up from Sh10.24 billion the year before, according to results released on October 14. The improvement was driven by higher revenue, more efficient operations and stronger cash generation. Following the results, the board has proposed a first and final dividend of Sh0.32 per share, representing a total payout of Sh5.9 billion, for shareholders following the company’s listing on the Nairobi Securities Exchange (NSE) earlier this year. Investors on the register at the close of business on November…
Porsche is doubling down on exclusivity to generate more value, with plans to cut model variants, expand into higher-margin segments and increase revenue from highly customised cars. “Our ultimate goal is to further strengthen our unique sports car brand — across all model lines and with new, highly desirable models in particularly high-margin segments,” said Michael Leiters, chairman of the executive board of Porsche. He made the remarks when the German sports carmaker revealed its new “Sportwagenschmiede ’35″strategy at a Capital Markets Day on Wednesday. It aims to lower Porsche’s break-even point to fewer than 200,000 vehicles while continuing to…
