Latest business stories from across Kenya.
The Kenya Revenue Authority (KRA) has announced a major shift in how employers will file Pay As You Earn (PAYE) returns, with a streamlined new system set to take effect on July 1, 2025. In a public notice issued on Monday, June 23, the…
The Capital Markets Authority, moving to protect investors, has suspended trading in the shares of investment firm TransCentury Limited (TCL) and its subsidiary East African Cables indefinitely.
Aga Khan University Hospital has emerged as first runners up at the 2025 Kenya Association of Manufacturers (KAM) Energy Awards.
Kenyan Commercial banks have elected KCB Group CEO, Mr Paul Russo, as the new chairperson of the Kenya Bankers Association (KBA).
Luno has announced that it has relaunched its services in Kenya as part of its Africa growth strategy. The launch introduces a way for Kenyans to buy, sell, and hold cryptocurrencies like Bitcoin, Ethereum, USDT, and more. Luno first…
The Ministry of Agriculture and Livestock Development has just completed a review of pesticides used across the country, leading to the withdrawal of 77 harmful pesticides from the market and restrictions on 202 others. The review was…
Mobile phone have democratized many things including access to information, but in Kenya the main attraction is access to credit. At the heart of this transformation are digital lending platforms like Fuliza and M-Shwari, pioneered by NCBA…
A recent report by the Boston Consulting Group (BCG) titled, Powering Prosperity Through Energy Access, spotlights Kenya’s significant strides in energy and offers strategic insights for other nations. Africa continues to face a major…
Standard Chartered Tanzania has announced that its Wealth & Retail Business has been handed over to Access Bank PLC. In April 2022, Standard Chartered decided to divest from several markets, including a decision to exit the Wealth and…
BURN has signed an agreement with the Trade and Development Bank Group (TDB Group) to scale access to clean cooking in Mozambique, the Democratic Republic of Congo (DRC), and Zambia. The deal includes both debt and results-based financing…
The Business Ecosystem Summit (BES) will be hosted in Kisumu on 6-8 August 2025 with the aim of enhancing regional cooperation, exposing investment opportunities, and improving market accessibility for business. The summit targets…
Retirement should be a time of peace, dignity, and fulfilment, a season where you finally reap the rewards of a lifetime of hard work. Yet for millions of Kenyans, retirement feels more like an approaching storm. With little to no savings,…
Commercial banks have elected KCB Group Chief Executive Officer, Paul Russo, as the new Chairperson of the Kenya Bankers Association (KBA), the umbrella body of the banking industry. Russo succeeds NCBA Group Managing Director, John…
The Business Ecosystem Summit (BES) is set to return to Kisumu on 6-8 August 2025 with the aim of enhancing regional cooperation, exposing investment opportunities, and improving market accessibility for business.
Emirates and Uber have announced a strategic partnership to enable the seamless transfer of travellers to and from airports where the airline operates. The MoU was signed by Adnan Kazim, Emirates’ Deputy President and Chief Commercial…
Ogilvy Africa Network has been awarded as one of the winners in the 2025 edition of the Africa Company of the Year Awards (ACOYA Awards). The ACOYA Awards awarded Ogilvy Africa Network in the category of Marketing and Advertising Agencies…
Luno, a leading global cryptocurrency investment platform founded in Africa, has relaunched its operations in Kenya, marking a significant step in its African growth strategy.
Only one in four Kenyan workers is saving for old age, and fresh data from the Retirement Benefits Authority (RBA) shows that those who do are ploughing much of their pension cash straight back into basic necessities. The agency’s 2024…
Fastagger Inc., a Kenyan AI and blockchain startup, is making significant strides in supporting micro, small and medium enterprises (MSMEs) with more efficient digital tools.
NCBA has today opened its 99th branch in Kawangware as part of its plan to bring banking services closer to underserved communities. During the branch opening, NCBA Ag. Group Director, Retail Banking, Dennis Njau commented “It is a proud…
Visa has announced that it has appointed Tareq Muhmood as the Regional President for Central and Eastern Europe, Middle East and Africa (CEMEA). Muhmood succeeds Andrew Torre, who was recently appointed as President of Visa’s Value-Added…
Mastercard and enza have announced a partnership to connect fintech companies across Africa to the Mastercard network. The collaboration will enable fintech players to build propositions on the enza platform that serve both consumers and…
The recently presented 2025/26 national budget has drawn attention for its potential to influence household finances in Kenya. In a recent interview, Moses Muthui, Director of Consumer Banking at Absa Bank Kenya, offered insights into how…
CLASP and the Global Energy Alliance for People and Planet (GEAPP) have announced a $6.1 million expansion of the Productive Use Financing Facility (PUFF), a catalytic initiative that increases access to energy-efficient and…
