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Latest business stories from across Kenya.

Kenya’s Tea Exports to Iran Get Major Boost After Trade Talks
Business Today KenyaBusiness

Kenya’s Tea Exports to Iran Get Major Boost After Trade Talks

Cabinet Secretary for Trade, Lee Kinyanjui, has highlighted the importance of tea exports in Kenya’s trade relations with Iran. He noted that tea remains Kenya’s leading export to Iran, accounting for over 90 per cent of the trade between…

2 min read
MPs Stall KPC Privatisation Over Lack of Transparency
Business Today KenyaBusiness

MPs Stall KPC Privatisation Over Lack of Transparency

The planned privatisation of the Kenya Pipeline Corporation (KPC) is facing strong pushback in Parliament, with lawmakers insisting on full disclosure before any approval is granted. Members of the joint committees on Energy and…

1 min read
CBK Cracks Down on Insider Lending, Fines 11 Banks
Business Today KenyaBusiness

CBK Cracks Down on Insider Lending, Fines 11 Banks

The Central Bank of Kenya has cracked down on risky lending in the banking sector, imposing fines of over Sh5 million each on 11 commercial banks last year. The move aims to curb insider lending practices similar to those that led to the…

2 min read
KeNHA Rejects Nairobi–Mombasa Expressway Plan After Evaluation Review
Nairobi WireBusiness

KeNHA Rejects Nairobi–Mombasa Expressway Plan After Evaluation Review

The government has defended its decision to reject the proposal report for the Nairobi–Mombasa (Usahihi) Expressway, saying it failed to meet the set evaluation criteria. In a public notice dated August 12, 2025, Kenya National Highways…

2 min read
54,000 Young Kenyans to Receive Ksh50,000 Startup Grants Next Month
Nairobi WireBusiness

54,000 Young Kenyans to Receive Ksh50,000 Startup Grants Next Month

President William Ruto has set a program to cover 190,000 young Kenyans through savings schemes and startup grants. Speaking on Tuesday, August 2025, during International Youth Day celebrations in Kakamega County, Ruto said the government…

1 min read
Safaricom sponsors 2025 Devolution Conference with Ksh. 15 million
HapaKenyaBusiness

Safaricom sponsors 2025 Devolution Conference with Ksh. 15 million

Safaricom has announced that it has committed Ksh. 15 million towards the 2025 Devolution Conference taking place in Homabay this week. “The 2025 Devolution Conference offers a timely opportunity to reflect on how technology can drive…

1 min read
Starlink’s Growth Slows as Competition Heats Up in Kenya’s ISP Market
Business Today KenyaBusiness

Starlink’s Growth Slows as Competition Heats Up in Kenya’s ISP Market

Starlink’s satellite internet subscriptions in Kenya have taken a slight hit, now holding just 0.9 per cent of the market. According to the Communications Authority’s report for the first quarter of 2025, satellite internet users dropped…

2 min read
Diaspora Remittances Hit Ksh643.5 Billiion
Business Today KenyaBusiness

Diaspora Remittances Hit Ksh643.5 Billiion

Kenyans living and working abroad are sending home more money than ever before, making diaspora remittances the country’s biggest source of foreign currency. In the last two and a half years, inflows have risen from Ksh520 billion to…

1 min read
Government Turns to PPPs for Ksh 294 Billion Development Drive
Business Today KenyaBusiness

Government Turns to PPPs for Ksh 294 Billion Development Drive

The government is stepping up the use of public-private partnerships to deliver major infrastructure and social projects, aiming to mobilise as much as Sh293.6 billion this financial year. The approach is expected to bring in both local…

2 min read
NTT DATA Unveils Solar-Powered East Africa Headquarters
Business Today KenyaBusiness

NTT DATA Unveils Solar-Powered East Africa Headquarters

NTT DATA, a global leader in digital business and technology services, is in the process of installing a solar energy system that is expected to help the company use less electricity from the national electricity grid by more than 33%.

2 min read