Latest business stories from across Kenya.
By Amos Mzenge Think back to your first brush with money. For some, it was the thrill of holding a few coins after helping in the family shop. For others, it was pocket change for a trip to the kiosk. The lesson was often improvised: money…
Mantrac Group, a major authorized dealer for Caterpillar across its African territories, recently concluded a customer engagement initiative in Málaga, Spain, marking Caterpillar’s centennial anniversary. The program, which brought eleven…
Wingu Africa, a data center and infrastructure provider, has rolled out a locally hosted private cloud platform in Tanzania, aiming to capture market share from global giants like Amazon Web Services (AWS) and Microsoft Azure across East…
Capital Markets Authority has moved to stem the heightened speculative activity witnessed over the past two weeks on Uchumi Supermarket counter at the Nairobi Securities Exchange(NSE). The regulator first slapped Ernest& Young Accounting…
Kenya plans to to sell a 65% stake in the Kenya Pipeline Company (KPC) to Uganda and other regional investors. President Dr William Ruto, while witnessing the ground breaking ceremony with his Ugandan counterpart President Yoweri Museveni…
Housing Principal Secretary Charles Hinga has defended the ongoing demolitions in Makongeni, Nairobi, insisting that all bona fide tenants have been compensated and will receive first priority to return as homeowners once the new…
By Walid Sheta This summer in Africa is projected to record-high extreme heat once again. In fact, it has been the continent’s hottest decade on record, says the World Meteorological Organization (WMO). Already, early spring temperatures…
CBK (Central Bank of Kenya), the Kenya Government’s fiscal agent, accepted bids worth KSh 54.8 Billion at Wednesday’s Treasury Bonds Auction, rejecting more expensive bids worth KSh 61.1 Billion. The Government had sought KSh 40 billion…
KCB (Kenya Commercial Bank) Group Plc has retained its top perch as the most profitable lender after it recorded a Net Profit of KSh 47.32 Billion for the nine months’ period ended 31st September 2025. The Group’s Shareholders will also…
President William Ruto has stated repeatedly that his long-term mission is to steer Kenya into a new era of economic transformation, an era he envisions as the foundation of a future first-world nation. To achieve the dream, Ruto has…
NSE investors are eagerly awaiting the third quarter financial results of Kenya Commercial Bank(KCB), NCBA and Absa Bank Kenya and how the newly launched banking index will move. This is as the Q3 earnings season for banks listed at the…
Tea firms Williamson and Kapchorua Tea Farm , listed at the Nairobi Securities Exchange(NSE), have posted strong 2025/26 Half Year Earnings despite oversupply and weak demand persisting on the global tea market, leading to low prices. The…
Blankets & Wine, the long-standing live music and cultural festival that has become a fixture in Kenya’s creative economy, is embarking on a strategic overhaul of its venue design, coinciding with its 17th-anniversary celebration. The move…
Nairobi Coffee Exchange saw the dominance of Kenyacof Limited at its weekly auction conducted on Tuesday, November 4, 2025. NSE Auction results show that Kenyacof, a subsidiary of Swiss-based Sufacina, led the buyers with 1,760 bags…
Sanlam Kenya Plc, a diversified financial services group listed at the Nairobi Securities Exchange(NSE), has rebranded to Sanlam Allianz Holdings (Kenya) Plc. This aligns the Kenyan subsidiary with the global Sanlam–Allianz strategic…
NSE (Nairobi Securities Exchange) has gained in global ratings after New York Based Morgan Stanley Capital International(MSCI) added listed CIC Insurance and Williamson Tea, to its global indices. NSE listed CIC and Williamson Tea joined…
Safaricom Plc is the process of integrating its Mpesa Mobile Money App with Ziidi Trader, a new mobile trading App, that could open up the exclusive world of high street finance and sophisticated trade instruments, known as the Nairobi…
NSE (Nairobi Securities Exchange) Activity is on an upswing with the market capitalization, at the end of this Tuesday’s trading session, closing at KSh 3,044.07 Billion. Investment analysts and insiders attribute increase in paper wealth…
A lack of affordable, quality childcare cost the economies of South Africa, Kenya, and Nigeria billions in lost income in 2022, according to a research that frames investment in the care economy as an economic imperative. The three…
Banks are stepping forward to challenge the dominance of MPesa in the digital payments business, a charge that is being led by Equity Group, Kenya Commercial Bank(KCB) and NCBA Bank. Thus, KCB Group’s move to buy a minority shareholding in…
Safaricom Plc and Edge Network Services Limited (Ireland), a subsidiary of US-based tech giant Meta, have signed a deal that will see the laying of a new Undersea Fibre Optic Cable linking Mombasa to Oman. The whole project cost is…
Carbacid Investments plc, a listed carbon dioxide gas processor and seller, with a history of impressive returns to shareholders, will pay its owners an early Christmas fat dividend cheque, at KSh 2.00 per share up from KSh 1.70 per share…
US Vice President Joseph David Vance is expected to visit Nairobi on 24 November 2025. When he lands in Kenya, on an official visit that ends on November 27th 2025, President Donal Trump’s deputy will have a full in-tray. JD Vance will…
Kenya recorded an increased demand for electricity, hitting a new high of 2,411.98MW and the highest-ever daily energy consumption of 44,122.60MWh recorded on last week Friday, October 24, 2025. With an installed capacity of 3846.80MW,…
