Latest business stories from across Kenya.
NCBA Bank Kenya has sealed a strategic partnership with Mobikey Truck & Bus Ltd to provide comprehensive asset financing solutions for MAN Trucks, Man Buses, Randon Trailers, Hyundai Construction and Mining Equipments.
The Kenya Human Rights Commission (KHRC) wants the government to scrap the Hustler Fund warning that the initiative is financially unsustainable and fundamentally flawed. In a report released on Monday titled “Failing the Hustlers,” KHRC…
The Kenya Revenue Authority (KRA) has rolled out a new feature that allows individual taxpayers to access the iTax platform using their National Identity Card (ID) numbers – another step towards simplifying tax services and making them…
The Office of the Government Spokesperson has cautioned Kenyans applying for the NYOTA Project to stay alert, following a surge in fake online pages targeting hopeful youth. In a statement issued on Monday, August 1, the office stressed…
Xtelify, a fully owned subsidiary of Bharti Airtel housing all of Airtel’s digital assets and capabilities, has launched an AI-powered, future-ready software platform.
African governments could save up to USD 150 billion annually lost to inefficiencies in public service delivery by adopting Artificial Intelligence (AI) as a strategic enabler for governance and economic transformation.
The M-PESA Sokoni Caravan has officially arrived in Nairobi, bringing exciting prizes and activities as part of the ongoing M-PESA @18 celebrations. Nairobi marks the grand finale of this nationwide tour, which has been celebrating…
NCBA has signed a strategic partnership with Mobikey Truck & Bus Ltd, to provide comprehensive asset financing solutions for MAN Trucks, Man Buses, Randon Trailers, and Hyundai Construction and Mining Equipments. The asset financing…
Safaricom, in partnership with LG, on Saturday showcased the potential of smart home technology at this year’s Rhythm & Brunch festival, held at Ngong Racecourse. Rhythm & Brunch is Nairobi’s lifestyle and music experience, celebrated for…
The M-PESA Sokoni Festival was hosted at the Mamboleo Stadium in Kisumu on Saturday in a culmination of events to celebrate M-PESA at 18. The festival brought together over 100 local businesses offering amazing deals dubbed “deals kuruka”…
Absa Bank Kenya has earmarked Ksh 4 billion for onward lending to the retail segment to support the affordable housing gap in Kenya.
NCBA Group is making significant strides in accelerating access to sustainable water, sanitation, and hygiene (WASH) services across Kenya, primarily through tailored financial products and strategic partnerships. The bank’s initiatives…
More than 100 entrepreneurs in Mt. Kenya region have participated in the regional Grow with Safaricom Business forum. The forum was held under the theme Fueling financial growth through innovation. The Grow with Safaricom Business forum is…
NCBA, in partnership with the Kenya Association of Manufacturers (KAM), hosted a CEOs breakfast forum, themed Unlocking Growth in Manufacturing through Value Chain Financing in Nairobi. NCBA Group Director Corporate and Investment Banking…
The East African Business Council (EABC) in partnership with the East African Development Bank (EADB) will host the upcoming East African Business & Investment Summit & Expo 2025. The event will be on 16th – 17th October in Nairobi, Kenya.…
For decades, property management in Kenya, particularly in the rental segment, has operated in a low-tech, informal environment. Rent has for the longest time been collected manually, records are paper-based (where they exist at all) and…
Roam, Kenya’s leading electric mobility manufacturer, has partnered with Fortune Credit, a licensed Digital Credit Provider and microfinance institution, to launch the first-ever financing program aimed at unlocking access to electric…
Absa Bank Kenya has committed Ksh. 4 billion to fund affordable housing in Kenya, expanding its investment portfolio with Kenya Mortgage Refinance Company (KMRC), an increase from Ksh. 3 billion. Speaking at the International Housing…
Kenya’s electric mobility pioneer BasiGo has announced it has deployed its 100th electric bus. This marks a significant milestone as the company seeks to electrify public transport across the African continent. There is still a long way to…
Uber Boda has unveiled a new suite of safety features and professional training protocols designed to transform the landscape of motorcycle taxi services in Kenya. This is the first of its kind for the ride-hailing service in Kenya. The…
East African Breweries Plc (EABL) has announced that it has reported a Ksh. 12.2 billion net profit for the financial year ending June 30, 2025. This is an improvement from the Ksh. 10.9 billion that the company reported in a previous…
Kenya’s affordable housing programme is accelerating fast. Thousands of units are under construction as part of the Bottom-Up Economic Transformation Agenda (BETA), promising to tackle the housing deficit while creating jobs and boosting…
Detectives from the Operation Support Unit (OSU) have arrested Francis Talla Oufa, a Cameroonian national also known as Allain, who is believed to be the mastermind behind a high-level gold scam that defrauded a Canadian investor of more…
The government has defended the decision to allow the importation of 500,000 metric tonnes of rice as a strategic intervention to the country’s current supply shortfall. The Agriculture and Food Authority (AFA) explained that the global…
