Latest business stories from across Kenya.
A recent study by McKinsey revealed that 66% of all customers actively consider sustainability when making a purchase, a figure that rises to 75% among millennials. This data showcases a profound shift in consumer behavior, where…
Real estate developer, Mi Vida Homes, has entered a strategic partnership with HF Group Kenya to help new homeowners access mortgages. Mi Vida Homes Chief Executive Officer Samuel Kariuki says homeowners are scouting for more innovative…
Insurance. The word itself can evoke a mix of emotions, from confusion and skepticism to a sense of security. Unfortunately, misconceptions about insurance often overshadow its true purpose: protecting you from financial hardship in times…
Kenya’s Central Bank has once again slashed its main interest rate, marking the fourth consecutive reduction in a bid to stimulate lending and boost economic growth. Governor Kamau Thugge announced on Wednesday that the Monetary Policy…
The “Usahihi” Expressway project, a 440-kilometre four-lane dual carriageway connecting Nairobi and Mombasa, is gaining momentum. Everstrong Capital, a US-based infrastructure investment firm, has announced its intention to secure funding…
A viral video by content creator William Kimm—known online as GTR Tanuki—has put the spotlight on the quality of premium fuel products in Kenya. On Sunday morning, Tanuki uploaded footage showing fuel tests at seven different stations,…
A US citizen is urging Kenya’s Office of the Director of Public Prosecutions (ODPP) to file charges against Abdullahi Hussein, a branch manager at Eastleigh-based Taaj Money Transfer, for allegedly defrauding her of $213,000 (KSh 29…
A major data breach has rocked Kenya’s Business Registration Services (BRS), leaving (at first glance), all of Kenyans’ private company details public. Initial reports suggest the breach occurred or was discovered on Friday night, January…
The Ethics and Anti-Corruption Commission (EACC) has launched an investigation into senior officials of the Kenya Railways Corporation (KRC) over the alleged mismanagement of Ksh8 billion meant for retirees. The probe focuses on the Kenya…
Standard Chartered and Kenya Airways partner to offer exclusive travel benefits, discounts, rewards, and enhanced experiences for affluent clients.
Standard Chartered and Kenya Airways (KQ) have signed a strategic partnership designed to deliver exceptional value propositions, benefits and experiences for their clients.
Family businesses have been encouraged to list on the Nairobi Securities Exchange (NSE) to ensure long-term sustainability and to preserve their founders’ legacy.
Former Cabinet Secretary for the National Treasury and Planning, Henry Rotich, has filed a lawsuit against the Kenyan government, demanding close to Sh3 billion in compensation for what he claims was malicious prosecution. The legal action…
National Treasury and Planning Cabinet Secretary John Mbadi defended the government’s tax policies, arguing that claims of over-taxation are misleading. During the National Assembly Mid-Term Retreat in Naivasha, Mbadi emphasized that the…
Kenya Airways, a leading African carrier, and Air India, India’s leading global carrier, have entered a codeshare partnership.
East African Breweries Plc (EABL) has released its unaudited half-year financial results for the six months ending 31st December, 2024, returning profit growth in a challenging operating environment.
The Government has announced that construction of two markets in Kasarani and Starehe constituencies which are set to be done in one year. The two market projects, worth Ksh. 750 million, will be constructed at Maji Mazuri and South B…
Kenya Power announced that it has recorded a Ksh. 9.97 billion in profit after tax for the half year ended 31st December 2024. The financial performance was driven by increased electricity sales, lower cost of sales and reduced finance…
Smile ID has released its 2025 Digital Identity Fraud in Africa Report, highlighting critical fraud trends across the continent. The Smile ID report reveals that East Africa recorded the highest rejection rate for combined biometric and…
Absa Bank Kenya has, for the fourth consecutive year, been certified as Africa’s top employer by the prestigious Top Employer Institute, cementing its position as a home of talent in the financial services sector.
Kenya Power recorded Ksh.9.97 billion in profit after tax for the half year ended 31st December 2024 and, impressed by the performance, the board will be paying a dividend to investors.
Lands, Housing, and Urban Development Cabinet Secretary Alice Wahome has responded to Rigathi Gachagua’s claims that the government’s Affordable Housing Programme is “the worst fraud against the people of Kenya.” Gachagua recently alleged…
A Senate committee has recommended new regulations for commercial motorcycles, commonly known as boda bodas, and tuk-tuks, including branding them in designated colors and subjecting them to regular inspections to improve sector…
Real estate developer, Mi Vida Homes, has entered a strategic partnership with HF Group Kenya to enable home buyers receive a holistic homeownership.
