Latest business stories from across Kenya.
DStv has been recognised as the #1 Most Admired African Media Brand in the Brand Africa 100, Africa’s Best Brands 2025 rankings. This recognition also sees DStv inducted into the Brand Africa Hall of Fame, a distinction reserved for iconic…
The Kenya Information & Communications (Amendment) Bill 2025 has the potential to negatively impact human rights in Kenya. Specifically it may limit the right to privacy. In my opinion, it is a the Kenya Information & Communications…
Absa Bank Kenya PLC has reported a 4% growth in net profit to Ksh6.2 billion for the period ended 31st March 2025.
Microsoft has announced the launch of its Advancing Regional Cybersecurity (ARC) Initiative, a new effort aimed at boosting global preparedness, resilience, and coordination in the face of increased cyber threats. The announcement was made…
Absa Bank Kenya PLC has announced that it has reported a profit after tax to Ksh. 6.2 billion for the period ended 31 March 2025. This is a a 4% growth from the Ksh. 5.9 billion the bank reported in a previous period in 2024. Total…
Bolt has concluded its first Accelerator Program in South Africa, awarding €20,000 in funding to ten participants. Launched in December 2024 in partnership with business academy Pranary, the program attracted over 578 applications…
Ziidi Money Market Fund (Ziidi MMF) by Safaricom is an investment platform that is accessible by Safaricom M-PESA customers. Safaricom M-PESA customers are able to invest in Ziidi MMF from as low as Ksh. 100 from their M-PESA and earn…
Around the world, many AI discussions are driven by business leaders who don’t have full oversight over their IT teams, which can lead to said teams facing intense pressure to deliver. Enterprise AI adoption in East Africa depends not only…
RUBiSOL has received the “Deal of the Year 2024 – East Africa” award from DealMakers AFRICA. Launched in November 2024, RUBiSOL, is a joint venture between Solarise Africa and RUBiS Energy Kenya. It was established to address the growing…
Valour Inc. has appointed GulfCap Investment Bank as its key transaction advisor for cross-listing its exchange traded products on the Nairobi Securities Exchange (NSE).
Absa Kenya Foundation has today launched the next phase of its coastal restoration programme at the Sabaki Estuary in Malindi. The foundation has planted 200,000 mangrove trees. This is part of an initiative that was launched launched in…
Kitale entrepreneur Joan Cheruto has emerged as the winner of the Ksh. 3 million Vipingo Land grand prize at the close of the five-month Revvvisha na KCB campaign. Cheruto, 30, won the competition after depositing money into her Goals…
Family Bank Group has reported a 15.4% increase in Profit Before Tax to Ksh1.5 billion for the first three months of 2025, up from Ksh1.3 billion recorded last year
CIC Group and Women’s World Banking have entered into a partnership to advance inclusive insurance solutions tailored for women.
Kenya Airways (KQ) has announced that it has returned as the airline sponsor of the Kenya Rugby team i.e. Simbas Men’s 15 Team. They will be responsible for the travel for the rugby national team to the Rugby World Cup. The Kenyan national…
Seven women entrepreneurs have been selected among the twelve innovators selected for the third cohort of the Mastercard Foundation EdTech Fellowship. The Mastercard EdTech Fellowship empowers startups to develop scalable, impactful…
Michael Joseph is set to resign as the board chairperson of Kenya Airways (KQ) after eight years at the helm of the Kenyan national airline. His resignation was confirmed in a notice issued ahead of the airline’s 49th Annual General…
KCB Group Plc shareholders have approved a Ksh9.6 billion total dividends payout for the 2024 financial year, reaffirming a sustained return to shareholders, as it seeks to consolidate its growth across East African.
Kenyan youth with dreams of launching or expanding small businesses are set to receive a major boost as the government rolls out its NYOTA programme. Deputy President Kithure Kindiki announced that, starting this month, eligible young…
The government is considering writing off defaulted Hustler Fund loans totaling up to Ksh.6 billion, Principal Secretary for Micro, Small and Medium Enterprises Development Susan Mang’eni has announced. The loans, issued to 10 million…
Kenyan long-haul drivers are warning that arbitrary arrests in South Sudan are turning the Juba–Nimule route into a legal minefield and choking East Africa’s supply chain. Foreign drivers, they say, are landing behind bars for minor road…
Treasury Cabinet Secretary John Mbadi has invited Kenyans to submit their ideas and proposals for the upcoming national budget, which he will present to Parliament on June 12, 2025. The 2025/26 budget aims to address key national…
KCB Group shareholders have approved a Ksh. 9.6 billion total dividends payout for the 2024 financial year. The shareholders approved a final dividend of Ksh. 1.50 per share at the Annual General Meeting (AGM) in Nairobi, as recommended by…
M-PESA Africa (MPA) has opened applications for its Accelerate 360 internship program, an initiative designed to train the next generation fintech professionals. The M-PESA Africa Accelerate 360 is a 6-month internship program, based in…
