Latest business stories from across Kenya.
A transformation occurs at the Nairobi Securities Exchange (NSE), where a new generation of tech-wise retail investors is the main force of change, although foreign capital remains absent. Young Kenyans are venturing into stock market…
Absa Bank Kenya PLC has made progress in enhancing the representation of women-owned businesses within its supply chain, increasing their share from 6% in 2021 to 18% currently.
The Ministry of Health has shut down Shapo Trading Ltd, a Chinese firm accused of importing illegal cigarette brands. The operation unfolded at a storage facility along Mombasa Road, where authorities seized 1,716 cartons of cigarettes…
The government is gearing up for an important financial shift in a couple of months. By June 2027, the Kenyan National Treasury plans to transition from cash-based to accrual accounting. This change, championed by the Cabinet in 2024, aims…
In the Lower Eastern region of Kenya, matatu operators are facing a tough battle against insurance companies over unpaid claims. Despite sticking to the terms of their policies, these operators accuse firms like INVESCO, AMACO, and…
SBM Bank Kenya Limited posted a Ksh12.4 million after tax profit for the first quarter of 2025, a significant turnaround from a loss of Ksh370 million for the same period in 2024.
Dr James Mwangi, Managing Director and CEO of Equity Group Holdings, has been conferred the Freedom of the City of London, one of the world’s oldest and most respected civic honours.
The Kenya Revenue Authority (KRA) has granted tax relief worth Ksh158 billion in penalties, interest, and fines under its ongoing Tax Amnesty Programme, which launched on December 27, 2024. As of April 9, 2025, more than 2.9 million…
In a decisive move to strengthen its legal response to financial crimes, the National Assembly has passed the Anti-Money Laundering and Combating of Terrorism Financing Laws (Amendment) Bill, 2025. The Bill, sponsored by Majority Leader…
African Originals, Kenya’s premier cider, gin, and soft-drinks company, has become the first gin and cider manufacturer in Africa to achieve the globally prestigious B Corp certification.
Police have arrested a Nairobi car dealer accused of pulling off a high-stakes luxury car heist involving a Ksh33 million Range Rover, following a botched business deal that now reads like a movie script. Detectives swooped in on the…
Generation Z has become Kenya’s dominant economic force, with new data projecting their consumer spending will reach a staggering Ksh4.4 trillion this year alone. According to the latest research by the World Data Lab (WDL), more than 17…
The Transport Licensing Appeals Board has reinstated the suspension of Super Metro Sacco’s operations after the matatu company failed to meet crucial safety requirements set by the National Transport and Safety Authority (NTSA). The board…
Gulf Energy has inked a $120 million (Ksh15.56 billion) deal to acquire the assets of Tullow Kenya. The two firms confirmed the agreement on Tuesday morning, setting the stage for the British oil and gas company’s exit from the country…
Absa Bank Kenya has unveiled an enhanced home loan solution offering 110% financing to help Kenyans to become homeowners. The facility is available at competitive interest rates, with a repayment period of up to 25 years, making…
Equity Group Foundation (EGF) hosted its 16th Annual Education and Leadership Congress for 18,442 Wings to Fly and Elimu scholars. It was hosted in 11 regions across the country during the April school holidays, including 2,512 refugee…
Gen Z, the generation born between 1997-2012, have emerged as the biggest spenders in Kenya according to the latest World Data Lab (WDL) research.
The government has admitted that funds collected through the Electronic Travel Authorization (eTA) system were initially banked in Swiss accounts during the pilot phase of the program. In a statement issued on Monday, April 14, Government…
Absa Bank Kenya PLC has increased its lending limit under the ongoing Ksh500 million financing agreement with agri-tech firm Hello Tractor and John Deere
Nigeria’s Access Bank Plc has received the greenlight to acquire the National Bank of Kenya, in a deal that firms up its foothold in East Africa’s biggest economy.
The U.S. Customs and Border Protection announced in an updated guidance late Friday that the government has exempted smartphones, computers and other electronic products from its “reciprocal tariffs.”
Students participating in this year’s Kenya National Drama and Film Festival (KNDFF), showcased not only their creative talents but also demonstrated understanding of good financial discipline.
The 9th Africa Tech Summit London will convene at the London Stock Exchange on 6th June 2025, reinforcing the critical role of London as a gateway for capital and partnerships in Africa’s continuously evolving tech ecosystem.
More than 250 cooperative leaders have been trained by CIC Insurance Group (CIC) to build sustainable cooperative enterprises at the 2025 National Cooperative Leaders Summit.
