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Latest business stories from across Kenya.

Driving sustainability in Kenya’s fashion industry
HapaKenyaBusiness

Driving sustainability in Kenya’s fashion industry

The Kenya Fashion and Design Week held today was a celebration of creativity, sustainability, and industrial transformation, bringing together key stakeholders from the textile, apparel, leather, and footwear industries. This year’s…

3 min read
SACCOs urged to adopt digital solutions to enhance service delivery
HapaKenyaBusiness

SACCOs urged to adopt digital solutions to enhance service delivery

Savings and Credit Cooperatives (SACCOs) have been encouraged to adopt digital solutions to enhance seamless and efficient management while improving service delivery to their customers. Speaking during an interview with journalists in…

1 min read
iX Africa opens new 4.5MW data centre in Nairobi
HapaKenyaBusiness

iX Africa opens new 4.5MW data centre in Nairobi

iX Africa Data Centres has launched the first phase of its data centre in Nairobi. The new facility, named NBOX1, comes with 4.5MW capacity, 780 racks hyperscale, and is carrier-neutral, and AI-ready. The data centre is part of a larger…

1 min read
Kenya Power Warns of 30% Electricity Price Hike Over Wayleave Fees
Nairobi WireBusiness

Kenya Power Warns of 30% Electricity Price Hike Over Wayleave Fees

Kenya Power has raised concerns that the recent drop in electricity costs could be short-lived if a dispute with the Nairobi County Government escalates. Speaking in Nairobi on Tuesday, March 4, during a meeting with the Kenya Editors…

1 min read
Are There Opportunities For Green Investments In Frontier Markets?
Nairobi WireBusiness

Are There Opportunities For Green Investments In Frontier Markets?

“Is investing in sustainability a path to profit or a promise to the planet?” With their untapped resources and growth potential, frontier markets provide a compelling case for green investment. These destinations are more than just…

5 min read
How Does The Value Factor Work In Smart Beta Etfs?
Nairobi WireBusiness

How Does The Value Factor Work In Smart Beta Etfs?

“Is investing an art or a science? Smart Beta ETFs might just be the perfect blend of both.” By leveraging the value factor, these innovative financial tools allow investors to uncover hidden opportunities in undervalued stocks. With a…

4 min read
Konza Technopolis in Partnership to Train 100 Animators
Business Today KenyaBusiness

Konza Technopolis in Partnership to Train 100 Animators

Konza Technopolis in partnership with the Kenya Film Commission (KFC) will train 100 2D and 3D animators in Virtual Production with focus on Virtual Studios, Extended Reality (XR) and Augmented Reality (AR). “This training initiative…

3 min read
KRA Forfeits Ksh140 Billion in Tax Waiver to Lure Trillions
Business Today KenyaBusiness

KRA Forfeits Ksh140 Billion in Tax Waiver to Lure Trillions

Kenya Revenue Authority (KRA) is offering taxpayers an opportunity to ease their tax burdens, in a KRA tax waiver of over Ksh140 billion in penalties, interest and fines under the ongoing Tax Amnesty Program.

2 min read
How SMEs can overcome barriers to adoption of digital payments
HapaKenyaBusiness

How SMEs can overcome barriers to adoption of digital payments

Over the years, digital payments have become very popular with consumers due to the convenience that they offer. This is because one can easily be able to do their shopping online, pay for their bills and even order lunch all at the…

3 min read
KRA Encourages Taxpayers to Apply for Amnesty as Ksh140B is Waived
Nairobi WireBusiness

KRA Encourages Taxpayers to Apply for Amnesty as Ksh140B is Waived

The Kenya Revenue Authority (KRA) has waived Ksh140 billion in tax penalties, interest, and fines under the ongoing Tax Amnesty Program, offering relief to millions of taxpayers. In a statement released on March 3, 2025, KRA confirmed that…

1 min read
Strict Regulations Unveiled for SACCOs After KUSCCO Scandal
Nairobi WireBusiness

Strict Regulations Unveiled for SACCOs After KUSCCO Scandal

The government has rolled out a series of stringent policies aimed at reining in Savings and Credit Cooperative Societies (SACCOs). These actions follow the sensational KUSCCO scandal that rocked the sector and brought urgent attention to…

1 min read
Tanzania’s Amsons Group Begins to Take Control of Bamburi Cement
Business Today KenyaBusiness

Tanzania’s Amsons Group Begins to Take Control of Bamburi Cement

Amsons Group has formally commenced the integration of local cement products manufacturer Bamburi Cement into its corporate fold, with a planned cash injection of of Ksh50 billion. The integration process through its Kenyan subsidiary and…

2 min read
Africa Leather Design Competition 2025 Launched
Business Today KenyaBusiness

Africa Leather Design Competition 2025 Launched

Africa Talent Leather Design Showcasedate returns for the third year in Africa and the fifth year globally, offering designers a platform to participate in shaping the future of sustainable fashion.

3 min read
Absa Bank Offers Homeowners 9.5% Mortgage Rate
Business Today KenyaBusiness

Absa Bank Offers Homeowners 9.5% Mortgage Rate

Absa Bank Kenya hosted an open day at Maisha Developments in Tilisi, Limuru, to engage with homeowners and real estate investors, amid falling interest rates, that has opened doors for mortgage growth.

2 min read
Asset Finance Company Funds Purchase of 500,000 Motorbikes
Business Today KenyaBusiness

Asset Finance Company Funds Purchase of 500,000 Motorbikes

Watu, the Pan-African asset finance company, has issued 2,000 logbooks to boda boda riders in Malindi, Kilifi County as part of its nationwide initiative to distribute some 70,000 uncollected logbooks.

2 min read
Real Estate Developer Rolls Out Free Graduate Course
Business Today KenyaBusiness

Real Estate Developer Rolls Out Free Graduate Course

Kenya’s real estate developer, Mi Vida Homes, has rolled out a graduate program that will be tailored towards job creation as well as empowering the next-generation talent in Kenya.

1 min read
Credit Bank Unveils Sacco Cash Pickup and Remittance Portal Service
Business Today KenyaBusiness

Credit Bank Unveils Sacco Cash Pickup and Remittance Portal Service

Credit Bank Plc has unveiled the Sacco Cash Pickup Remittance Portal Service, a game-changing solution in partnership with SACCOS to make overseas remittances faster, more affordable, and more accessible to Kenyans in rural areas. Through…

3 min read
NSE Suspends Bamburi Cement Shares From Trading
Business Today KenyaBusiness

NSE Suspends Bamburi Cement Shares From Trading

The Nairobi Securities Exchange has suspended trading in Bamburi Cement shares, effective 28th February 2025, after the company was acquired by a Tanzanian conglomerate.

1 min read