Latest business stories from across Kenya.
The United Democratic Alliance (UDA) has formally opened the doors for party members seeking to contest elective positions in the 2027 General Election by convening a national Aspirants’ Forum. The party announced that the forum will be…
Safaricom has sought to calm public concerns over its ownership, assuring Kenyans that the company will remain firmly rooted in Kenya despite the government’s plan to sell part of its shareholding. Appearing before a joint sitting of the…
Kenya’s celebration landscape is undergoing its most radical transformation yet. The high-octane pulse of the nightclub is no longer the sole heartbeat of the social scene. Instead, a new era of “fluid celebration” has emerged, one defined…
Kenya has finally opened its local sugar industry to duty-free imports from the Common Market for East and Southern Africa(COMESA) Free Trade Area States, after import tariffs that have been in place close to 24 years, to protect its…
Senior officials from government and industry have held high-level talks to tackle the rising threat of illicit and counterfeit tobacco products undermining public health and government revenue. Principal Secretary for Health Raymond…
Whenever we welcome a new year, it is a common tradition for people to set annual financial goals, specifically aiming to save a certain amount of money so as to achieve certain objectives, by the time the year ends. However, given the…
Louis Vuitton is set to launch a year-long marketing and product offensive to commemorate the 130th anniversary of its signature monogram, a move aimed at reinforcing the brand’s dominance in the luxury leather goods sector as the industry…
Central Bank of Kenya(CBK)is offering a Treasury Bonds Auction switch from a 10 year treasury bond first sold in 2016 to a reopened 18 year treasury bond first sold in 2022, targeting up to KSh 20.0bn through a multi-price auction from 9th…
KenGen(Kenya Electricity Generating Company) plans to raise the Masinga Dam’s spillway by 1.5m, increasing the reservoir storage by 170hm3. Masinga Dam is the main component of the Seven Forks Dam infrastructure. This undertaking comes…
NSE(Nairobi Securities Exchange)gave spectacular returns to both institutional as well as retail investors as some of the most inactive counters, some facing imminent liquidation, led the price gainers list. The year also closed on a…
Cooperatives sector players and stakeholders in Kenya is still holding its breath into the new year, while glancing at what they missed or achieved in 2025 and what remains as unfinished business. This publication takes a bird’s eye view…
Thousands of university and TVET students in Kenya are facing uncertainty as the Higher Education Loans Board (HELB) has yet to update the “semester 2” column on its student portal, leaving many without confirmation of their second…
For many widows across Kenya, loss has often been followed by silence, economic hardship, social exclusion, and the slow erosion of dignity. But over the past three years, a quietly transformative initiative spearheaded by Raymond Omollo…
NSE (Nairobi Securities Exchange) retail investors can look forward to a more streamlined experience starting January 2026, as Safaricom’s Ziidi Trader feature allows buying and selling shares directly via M-Pesa. This innovation aims to…
WPP ScanGroup, listed at the Nairobi Securities Exchange(NSE), has joined a list of firms that issued a profit warning, an indication of a sluggish business condition for many companies. The advertising firm joins Williamson Tea, Kapchorua…
In a sweeping month-long operation, law enforcement agencies in 19 African nations arrested 574 suspects and recovered about $3 million in illicit funds, as part of an Interpol-led crackdown on surging cyber threats plaguing the continent.…
A Kenyan veterinarian’s improbable comeback at London’s Alexandra Palace is fueling a speculative boom in African sports broadcasting and sponsorship, as the continent’s first major darts success signals a new frontier for the Professional…
Sidian Bank, a 50-branch lender closely associated with the late tycoon Chris Kirubi, has been officially reclassified as a middle-sized lender by the Central Bank of Kenya(CBK). This is after it registered strong growth in large corporate…
CBK (Central Bank of Kenya) has gone into the primary bond market, where the fiscal agent seeks to raise KSh 60.0billion through sale of two reopened 20-year and 25-year Treasury Bonds. These two debt instruments have a maturity of 13.20…
Diageo Plc UK, a global brewing giant has sold its entire stake in East African Breweries Limited(EABL) in a deal that will see it pocket some KSh 296.6 Billion (US$2.3 Billion) from the sale to Japan’s Asahi Group Holdings. Diageo is also…
SACCOs (Savings and Credit Cooperative Societies disbursed loans to members seeking to purchase land or a house totalling to KSh 32.7 Billion according to a recent third quarter report by the SACCO Societies Regulatory Authority(SASRA) for…
Cytonn Investments Plc, a leading asset management firm, had a sound idea. The plan was to acquire properties which would be developed by Cytonn and its partners and then sold to purchasers. The proceeds from these transactions, including…
Safaricom Plc, a leading telecommunications firm, has sealed a $138m funding deal with South Africa’s Standard Bank, to assist the operator’s drive to rollout digital infrastructure and its services in Ethiopia, one of East Africa’s…
Safaricom Plc, a listed telecommunication firm in Kenya, has received bids worth KSh 41.6 billion for the first issue of its green corporate bond, against a target of KSh 15 billion, an oversubscription of 175.7%. Safaricom will kick in…
