Latest business stories from across Kenya.
The Kenyan government has injected Ksh. 603.1 million into the Kenya Mortgage Guarantee Trust (KMGT) to boost affordable housing, specifically targeting individuals in the informal sector. This initiative was announced by the Cabinet…
Kenyan pension schemes delivered their strongest returns in years, outpacing inflation by a staggering 26% in the 12 months to June 2025.
Equity Group has released its mid-year financial results, revealing strong regional growth and solid performance across its operations. The bank’s expansion beyond Kenya into countries like Tanzania, Uganda, Rwanda, and South Sudan…
As Kenya’s banking sector unveils its half-year results for 2025, investors and market watchers are keenly observing the performance of the major banks to gauge the economic outlook and potential returns. The financial results coming from…
The Lamu Port has cemented its role in the maritime trade within the region by welcoming the MV Nagoya Express, the largest vessel ever to dock at the waters of East Africa. The 335-metre-long ship, owned by German shipping giant…
A self-help group comprising tuktuk and motorbike operators from Ongata Rongai town in Kajiado County has successfully acquired a 33-seater minibus to boost their transport business and improve their household incomes.
Absa Bank Kenya PLC on 8th Aug. released its 2024 Sustainability and Climate Report, outlining significant progress in environmental action, inclusive finance, and governance maturity.
Tusker Lager drinkers in the region are holding their breath, wondering if their favourite beer will still be on the shelf the next time they swing into their favourite local watering hole. This is if UK-based Diageo Plc, majority owner…
KCB Bank has launched a business proposition for institutions of higher learning to support them on project finance, infrastructure development and digitised payment solutions including the staff and their students to transform the…
Netflix Inc. is navigating a pivotal phase in its evolution, with its market capitalization holding above $500 billion, currently around $505-$514 billion.
Isuzu East Africa on 7th Aug. 2025 hosted Kenya’s Cabinet Secretary for Investments, Trade, and Industry, Lee Kinyanjui, at its Nairobi plant for a high-level tour that culminated in the groundbreaking of a state-of-the-art Ksh 3.1 billion…
The Nairobi Securities Exchange (NSE) has introduced single-unit share trading, marking a major shift in how Kenyans can invest in the stock market. This means investors can now buy or sell just one share of any listed company, instead of…
Absa Bank Kenya PLC has today released its 2024 Sustainability and Climate Report, outlining progress in environmental action, and inclusive finance. Themed Rooted in purpose, growing with impact, the report showcases how Absa is embedding…
President William Ruto has vowed to reduce the price of motorbikes by half, an initiative he maintains will empower the common man in Kenya to own a bike and improve their economic status. The President made the pledge during a meeting…
Kenya’s leather industry is poised for a major revival following the government’s move to activate operations at the long-stalled Kenanie Leather Industrial Park in Machakos County. After more than a decade of delays, a new lease agreement…
President William Ruto yesterday assented to two important bills – the Gambling Control Bill, 2023, and the Kenya Roads (Amendment) (No.2) Bill, 2025 – in a major move towards improved regulation and governance in vital sectors. The…
Vazgen Gevorkyan is an entrepreneur with a broad background spanning the banking, tourism, and development sectors. Currently, he has stepped away from all active projects in his home region and is no longer engaged in entrepreneurial…
The board of the Kenya Revenue Authority (KRA) has today engaged with the Eastleigh Business District Association (EBDA). The engagement, led by KRA Board Chairman Hon. Ndiritu Muriithi, brought together senior KRA leadership and…
KCB Bank has launched an initiative to support Kenyan universities through various ways including project finance and payment solutions. This initiative, whose first phase has taken 29 public and private universities will see the Bank…
The Kenya Association of Manufacturers (KAM), in partnership with the Danish Industry and the Ministry of Investments, Trade & Industry (MITI), has launched the Eco-Labelling Guidelines for Kenya’s Manufacturing Sector. Speaking during the…
Stanbic Holdings has announced that it has posted a net profit of Ksh. 6.5 billion for the half year ended 30th June 2025. This is a reduction from the Ksh. 7.2 billion net profit that the company posted in a similar period in 2024. The…
EIB Global has committed €21.5 million (3.2 billion Kenyan shillings) in equity financing to the IHS Kenya Green Housing Fund for the construction and acquisition of energy-efficient and affordable housing in Kenya. IHS Kenya is now…
Airtel Money Africa has announced a partnership with pawaPay to enable cross-border payments for licensed International Money Transfer Operators (IMTOs) across seven key Airtel Africa markets. This collaboration officially launches…
Equity Bank relocated its Ruaka branch from Landmark Plaza to the more spacious Minstan Towers along Limuru Road.
