Latest business stories from across Kenya.
Two directors were on 23rd April 2025 charged before Eldoret Law Courts with tax fraud after an extensive investigation by Kenya Revenue Authority (KRA) unearthed an elaborate scheme to evade payment of taxes totalling Ksh290,250,889.
KRA says its Investigations & Enforcement Department is actively unearthing tax evasion schemes orchestrated by unscrupulous business persons to ensure tax compliance and adherence to tax laws and procedures.
A new amendment to Kenya’s Insurance Act seeks to address widespread discrimination in the insurance industry by introducing heavy fines and penalties for discriminatory practices. The Insurance (Amendment) Bill, 2025, proposes significant…
A number of sectors across countries within the region, including Kenya, Uganda, Tanzania, Seychelles, Djibouti, Ethiopia and Rwanda, have experienced ongoing distributed denial of service (DDoS) attacks.
Engineers in Kenya have raised alarm over persistent frustrations with the development plan approval process in Nairobi County, citing significant challenges in obtaining timely and transparent approvals. In a statement issued on Saturday,…
Local content creators are set to benefit from the launch of an innovative digital marketplace dubbed ZAUMU, an end-to-end influencer campaign management digital platform.
ZAUMU, an influencer management platform for Africa, has been launched to benefit local content creators and brands. The platform will enable creators and influencers to access jobs and source projects directly from brands listed on the…
Winnie Gor Communications Africa (WGCA), a leading pan-African strategic communications and public relations agency, has been named a finalist in two categories at the prestigious 2025 SABRE Awards Africa.
The Kenya Private Sector Alliance (KEPSA) is pushing for tax proposals in the Finance Bill 2025 to foster industrial resilience, tax efficiency, and stronger private sector participation in national planning.
Kenya has turned to Beijing for a fresh push on its busiest transport corridors, sealing a deal that will see Chinese financiers dual the Nairobi–Nakuru–Mau Summit–Malaba highway, expand Kiambu Road, and build the Eldoret Bypass alongside…
The fourth edition of the Africa Soft Power (ASP) Summit will be hosted in Nairobi, Kenya, from May 21st to May 25th 2025. Staged for the first three years of its existence in Kigali, Rwanda, the annual summit brings together leading…
Pwani Oil has exceeded its 2025 targets on renewable energy use and water recycling as part of its commitment to environmental sustainability. The company manufactures cooking oil brands such as Fresh Fri, Ushindi homecare range, and Sawa…
The Kenya Association of Manufacturers (KAM), in partnership with Danish Industries East Africa, launched the Route to Market (RTM) Strategy 2025–2027. The strategy is a blueprint aimed at positioning Kenya as a global exporter of high…
The Kenya Bankers Association (KBA), in partnership with the Institute of Certified Public Accountants of Kenya (ICPAK), WWF-Kenya, and FSD Kenya, has launched the IFRS S1 and S2 Disclosures Reporting Template for Banks. This initiative…
Kenya has secured a major financial boost for its development agenda after Treasury Cabinet Secretary John Mbadi signed a Ksh9 billion (EUR 60 million) loan agreement with the OPEC Fund for International Development during his visit to the…
Gambling addiction is prevalent among university students in Kenya, especially those facing financial hardships, as they perceive it as a way to supplement their income or cover tuition fees. Edwin Nganyi, a Nairobi-based businessman, was…
Air France-KLM has announced the appointment of Joris Holtus as General Manager for East and Southern Africa, Nigeria and Ghana, effective immediately. Joris Holtus succeeds Marius van der Ham, who held the position for the past three…
On Tuesday, the Directorate of Criminal Investigations (DCI) took to Twitter to outline charges against Abdiwahab Adan Maalim, director of Nairobi-based Vaad Limited, following a complaint lodged at DCI headquarters on December 30, 2024.…
Agriculture Cabinet Secretary Mutahi Kagwe has invited public feedback on the draft Sugar Development Levy Order 2025 and its accompanying regulatory impact statement. In a public notice issued on April 22, Kagwe announced that the…
Gertrude’s Hospital Foundation has received a donation earmarked for the diagnosis and treatment of paediatric cancer under the Kenya Childhood Cancer Programme from AM Communications. The communications company has donated Ksh. 100,000…
Finsco Africa and the Co-operative Bank of Kenya have signed a Memorandum of Understanding (MOU) that will see the two institutions collaborate to enhance access to financial solutions and drive investment in Kenya’s real estate sector.…
Since the merger of NIC and CBA Bank in 2019 to form NCBA Bank Kenya, this financial institution has risen to become one of Kenya’s premier banking institutions. The bank offers business accounts that help all types of businesses witness…
Kenyan businesses could soon face penalties of up to Ksh100,000 if a proposed law requiring them to accept cash payments is passed by Parliament. The Central Bank of Kenya (Amendment) Bill, 2025, currently before the National Assembly,…
Commercial banks in Kenya have begun lowering their lending rates following the Central Bank of Kenya’s (CBK) recent move to slash its base rate by 75 basis points, bringing it down to 10 percent. The regulator announced the cut as part of…
