Latest business stories from across Kenya.
The Central Bank of Kenya (CBK) has come under fire from the Senate after fresh figures showed that nearly half of its workforce comes from just two ethnic communities—a move lawmakers say undermines Kenya’s diversity and fairness in…
Sidian Bank Limited has relocated its Buruburu branch to a more central and accessible location convenient to its customers, and unveiled a modernized banking space. Sidian Buruburu- now located at T-Square Mall on the 2nd floor along…
The Nairobi City County government has ordered Naivas Supermarkets to close all its outlets in the capital with immediate effect, accusing it of selling expired products, and casting a dark cloud on Kenya’s most successful retail chain.
Self-made wealth is increasingly becoming the dominant force behind investment decisions among Kenya’s High Net-Worth Individuals (HNWIs) in 2025. This significant shift has been highlighted in the latest Wealth Report: Kenya Edition –…
Superior Homes Kenya has signed a Memorandum of Understanding (MOU) with KCB Bank Kenya that will see the two institutions bridge the gap between property development and financing to boost uptake of real estate products in Kenya. The…
Rising populations, urbanization and industrial development in Kenya, Tanzania and Uganda have increased demand for dependable, sustainable energy sources. This has unfortunately increased over-reliance on traditional and harmful fuels…
While the government touts the sale as a lifeline for reviving the ailing firm and securing farmers’ incomes, experts and stakeholders warn that the move could pave the way for a near-monopoly.
Absa Bank Kenya PLC has officially launched its custody services business in Kenya as part of its corporate business offering.
Kenya is turning to foreign governments for funding as it seeks to drive its ambitious Ksh4.2 trillion budget for the 2025/26 financial year. According to the latest budget estimates from the National Treasury, President William Ruto’s…
Kenya’s richest citizens are ripping up the old playbook. After years of parking fortunes in luxury homes and offshore bolt‑holes, they’re now liquidating bricks for bonds, data centres, and agritech. The sprawling villas of Karen and the…
Nairobi County has launched an aggressive enforcement campaign to recover nearly Ksh50 billion in unpaid land rates, starting with freezing bank accounts and auctioning properties of chronic defaulters—many of whom live in upscale estates.…
Safaricom (NSE: SCOM) has entered into a strategic partnership with iXAfrica Data Centre, Kenya’s premier hyperscale-ready data centre operator.
The suspension of trading in Umeme Ltd shares at the Nairobi Securities Exchange (NSE) has been extended by 30 days to enable the company sort legal and shareholder issues.
Gasfil, a Nairobi-based energy company, is positioning itself as a regional leader in clean transportation fuels, with a focus on liquefied petroleum gas (LPG).
The European Investment Bank’s development arm (EIB Global) and Family Bank are mobilising Ksh14.7 billion, Euros 100 million, in financing for businesses, with a focus on women-owned/led enterprises and youth entrepreneurs in the country.
PRINTAN, the authorised dealer of SINOTRUK HOWO, has unveiled the HOWO MAX Truck in Kenya.
President William Ruto announced that the government will clear debts owed to suppliers, totaling hundreds of billions of shillings, by the end of this year. Ruto shared that the Pending Bills Verification Committee had reviewed Ksh230…
Old Mutual Holdings has successfully obtained orders stopping proceedings in an insolvency case filed against the company in the High Court by businessman Joel Kibe.
Safaricom has announced that it has registered a Ksh. 69 billion net profit for the financial year ended 31st March 2025. This is an improvement from the Ksh. 48 billion net profit that the company posted in 2024. Total revenue increased…
Safaricom PLC (NSE: SCOM) has announced an 11.2% growth in total revenue to Ksh388.7 billion ($3 billion) for the financial year ended 31st March 2025, with net income accelerating by 10.8% to hit Ksh69.8 billion. Following these results,…
It’s a printing economy that’s been built by everyday people — designers, machine operators, finishers, and brokers — who, without formal infrastructure or recognition, have created one of the most efficient and resilient value chains in…
Kenya’s taxman has crossed a line it has never crossed this early—Sh2.112 trillion in revenue with two months still left in the 2024 / 25 financial year. The haul, recorded by April 30, meets 96.5 percent of the Sh2.189 trillion target KRA…
The government has launched a major push to formally recognize and empower skilled workers in the informal sector, aiming to certify over 15 million artisans through the Recognition of Prior Learning (RPL) programme. This initiative, led…
It is paramount to understand the complexities of land inheritance in Kenya, as this helps protect your rights to land ownership and safeguard your investments.
