Kenya’s Highest-Paid CEOs and the Great Shift in Corporate Power
Recent financial disclosures for the fiscal year 2024/25 shed light on the startling remuneration figures among Kenya’s top bosses.
4 min read
Business
Latest business stories from across Kenya.
Turn Youth Survivalist Ventures into Sustainable Enterprises
Entrepreneurship offers a promising path for young people to create their own opportunities and for other youths that are seeking employment.
3 min read
Court Directs Treasury Official to Repay Ksh67 Million in Fake Allowance Scheme
The Ethics and Anti-Corruption Commission (EACC) has recovered over Ksh67 million from an officer at the National Treasury who had unlawfully misappropriated public funds. In a statement issued on Tuesday, July 15, the EACC indicated that…
2 min read
Kenya’s Debt Strategy Isn’t Enough, Warns World Bank Country Director
World Bank Kenya country director Qimiao Fan says the country needs to do better and act quickly to transform how it spends money from the government and be more financially disciplined if it is to raise resources for key development…
2 min read
Radisson Hotel Group Taps Veteran Clinton Thom to Lead Key Nairobi Hotel
Top city hotel, Radisson Blu Hotel Nairobi Upperhill has a new General Manager, Mr Clinton Thom.
2 min read
Kenya Airways sets dates for Dreamliner fleet return, aims for 85% capacity recovery
Kenya Airways (KQ) has announced a phased plan for the return of its grounded Dreamliner aircraft. The first of the long-grounded aircraft is scheduled to return to service on July 22, 2025. In a customer update signed by Group Managing…
1 min read
Centum net profit drops 69% to Ksh. 812.8 million on weaker real estate gains
Centum Investment Company Plc has announced that it has reported a Ksh. 812.8 million net profit for the financial year ended March 2025. This is a 69% decline in net profit as compared to the Ksh. 2.6 billion the investment company…
1 min read
Patricia Ithau departs WPP Scangroup; Miriam Kaggwa to serve as acting CEO
WPP Scangroup Plc has today announced a significant leadership transition, revealing that its current Chief Executive Office (CEO) Patricia Ithau will be leaving the company. Ithau has decided to explore the next chapter of her life as her…
1 min read
NCBA targets North-Rift’s economic engine with SME engagement drive in Eldoret
NCBA has concluded a week long regional engagement in Eldoret aimed at deepening its support for commercial and SME customers in the North-rift region. The tour included direct customer visits, market activations, and culminated in a…
2 min read
Kenya’s ATIDI, 4G Capital & Equity Bank win awards at the 2025 African Banker Awards
Financial institutions showcased their strength and innovation on the continental stage, securing wins at the 2025 African Banker Awards. The gala ceremony, held in Abidjan, Côte d’Ivoire, celebrated excellence and best practices in…
2 min read
Viva Global revives landmark wine expo as it marks 25th anniversary
Viva Global has announced the return of the Viva Global Wine Expo, scheduled for August 20 – 21, 2025. It will be at the Park Inn by Radisson, Nairobi from 12 – 7 PM on both days and tickets are available via HustleSasa. This year’s event…
2 min read
StanChart, BII partner to boost SMEs & women-led enterprises with $100M in trade finance
Standard Chartered and British International Investment (BII) has announced the signing of a US$100 million trade finance facility that will expand access to working capital solutions for companies across Kenya and Tanzania. The facility…
2 min read
800 youth graduate from KCB Foundation’s 2Jiajiri programme in Elgeyo Marakwet
800 youth from Elgeyo Marakwet County have today graduated from the KCB Foundation’s 2Jiajiri vocational training programme. The graduands were drawn from 10 vocational training centers (VTCs) across the county. The enterprise development…
1 min read
Equity Bank wins “Best Regional Bank in East Africa” award at the African Banker Awards 2025
Equity Bank has been named Best Regional Bank in East Africa at the 2025 African Banker Awards held in Abidjan, Côte d’Ivoire. Equity Group Managing Director and CEO, Dr. James Mwangi said “We are deeply honoured by this recognition. This…
1 min read
Absa continues satellite town expansion with new Kawangware branch
Absa Bank Kenya has officially opened its newest branch in Kawangware, Nairobi, as part of its expansion push. It is part of the bank’s ongoing strategy to expand its physical footprint and bring financial services closer to customers in…
2 min read
Bolt in road safety initiative with Government partners to train its drivers & couriers
Bolt has hosted a comprehensive safety training workshop for drivers and couriers on its platform. This initiative is a collaborative effort with the National Transport and Safety Authority (NTSA), the National Police Service (NPS) Traffic…
2 min read
BURN partners with AIM Carbon to launch Malawi factory
BURN in partnership with AIM Carbon has launched operations in Malawi with the opening of its first local production facility in the country. The facility was officially opened by Hon. Dr. Owen Chomanika, Minister of Natural Resources and…
2 min read
Safaricom’s M-PESA Sokoni Tour arrives in Rift Valley with goodies for customers
Safaricom has began on the second leg of its M-PESA Sokoni Tour in the Rift Valley region. This follows a successful kick-off the initiative in the Coast region earlier this June. The M-PESA Sokoni Tour is a celebration of 18 years of…
2 min read
BURN and Carbon Launch Cookstove Production Facility in Malawi
BURN, Africa’s leading clean cookstove manufacturer and carbon project developer, in partnership with AIM Carbon, an international developer of innovative climate projects, has launched operations in Malawi with the opening of its first…
3 min read
Standard Chartered & Prudential target Kenya’s affluent with Ksh. 500M insurance cover
Standard Chartered Bank Kenya and Prudential Life Assurance Kenya has announced a partnership to roll out bancassurance products. The products will target wealthy Kenyans in their financial, risk, wealth protection and legacy planning. As…
1 min read
TATC & Mastercard Foundation expand youth employment initiative to East Africa
The Mastercard Foundation and The African Talent Company (TATC) has expanded its youth employment initiative to East Africa. Since 2020, The African Talent Company (TATC), through Jobberman Nigeria, in partnership with the Mastercard…
2 min read
Standard Chartered deploys blended finance to tackle Africa’s $130 Billion infrastructure gap
Standard Chartered has reaffirmed its commitment to blended finance solutions to unlock Africa’s infrastructure financing gap. Speaking at the just concluded Africa Debate in London, UK, Kariuki Ngari, Managing Director & CEO, Kenya and…
2 min read
Safaricom awarded for leadership in gender diversity, digital insurance & e-commerce Excellence
Safaricom has been awarded across gender inclusion, financial innovation and e-commerce at the USAWA Awards hosted by the National Gender and Equality Commission (NGEC). At the USAWA Awards hosted by the National Gender and Equality…
1 min read
NSE Admits Fintrust Securities Ltd as Authorized Securities Dealer
The Nairobi Securities Exchange Plc (NSE) has today announced the admission of Fintrust Securities Ltd (Fintrust) as an Authorized Securities Dealer (ASD) in Kenya’s fixed-income market.
2 min read