Latest business stories from across Kenya.
The Central Bank of Kenya (CBK) recent auction for two reopened infrastructure bonds, IFB1/2010/15 and IFB1/2022/19, was a notable success, with the bank receiving overwhelming bids from investors. The auction, held on August 14, 2025, saw…
For three days last May, eSports enthusiasts gathered at the Sarit Centre in Nairobi to test their mettle in the LG Screen and Sound Festival gaming contest, powered by LG OLED and QNED TVs. Eventually, Adam Mcloude walked away with the LG…
Jubilee Insurance and the Grand Nairobi Bike Race (GNBR), have today announced the official launch of 2025 edition of the Jubilee Live Free Race. The cycling extravaganza is scheduled for Sunday, 5th October 2025 at Nyayo Stadium and will…
Eskimi has today announced the launch of the Eskimi Impact Awards to celebrate achievements in programmatic advertising. This global initiative recognizes agencies that set new standards for creativity, strategic execution, and industry…
TLcom Capital, the Africa-focused venture capital firm, is growing its early-stage portfolio from its dedicated $5M pre-seed fund, TAPSI (TIDE Africa Pre Seed Investments). With its most recent investment in TurnStay, the South African…
Yellow Card has appointed Gillian Darko as its new Vice President of Strategy, sitting within the executive team and reporting into the CEO. An award-winning executive with experience at JP Morgan Asset Management, PwC, JUMO and other top…
NCBA has today hosted a private schools forum in Ruaka, themed Future-Ready Schools: Embracing Sustainability & Innovation. The forum provided an opportunity for dialogue on how private schools can strengthen their operations, diversify…
KCB Group Plc has announced that it has posted a net profit of Ksh. 32.3 billon for the half year period ended 30th June 2025. The new profit grew 8% from the Ksh. 29.9 billion the group posted in a similar period in 2024. The Board of…
Co-op Bank after-tax profit for the half-year 2025 rose 8.4% to stand at Ksh 14.1 billion from Ksh 13.0 billion in the same period last year.
KCB Group PLC delivered strong financial results in the first half of 2025 driven by growth in earning assets. Profit after tax grew 8% from Ksh 29.9 billion to Ksh 32.3 billion as its business franchises posted higher earnings. The Board…
President William Ruto signed into law the County Allocation of Revenue Bill, 2025, and the County Public Finance Laws (Amendment) Bill, 2023, raising counties’ equitable share of national revenue to Ksh415 billion from Ksh387.4 billion…
Kenyan banks are on high alert over a possible rise in personal loan defaults in the months ahead, as economic pressures tighten household budgets. In a recent survey by the Central Bank of Kenya (CBK) June 2025 Credit Officer Survey…
Kenya is making a renewed push to expand Jomo Kenyatta International Airport (JKIA) by seeking about Ksh 258.56 billion from global development financiers, including China and Japan. Transport Cabinet Secretary Davis Chirchir stated that…
CIC Insurance Group Plc (CIC) has reported a substantial surge in its microinsurance policies, with the proportion of these policies growing from 11% in 2023 to 18% in 2024. This growth, highlighted in the company’s 2024 Sustainability…
I&M Bank has officially rolled out the Shinda Millioni campaign , a three-month initiative designed to encourage a savings culture by rewarding top saving customers. Launched at the bank’s Ruiru branch at The Nord Mall, the campaign offers…
Boston Consulting Group (BCG) has announced the appointment of Nicholas Clarke as Managing Director and Partner in its Nairobi, Kenya office, effective 1 July 2025. As a Managing Director and Partner, Nicholas’ work will focus on economic…
Tatu City’s senior leadership met with Kenya’s Deputy President, Prof. Kithure Kindiki, on August 12, 2025, to discuss key investment strategies and potential partnerships. The discussions centered on strengthening Kenya’s investment…
Across Africa’s digital economy, we are witnessing a fundamental shift in how brands approach customer experience (CX). What was once viewed primarily as a reactive support function – tied to call centers, complaints, and crisis resolution…
Absa Bank Kenya PLC has announced that it has posted a Ksh. 11.7 billion net profit for the half-year ended June 30, 2025. This is a 9% growth in net profit from the Ksh. 10.7 billion the company posted in a previous period in 2024. The…
KCB Bank has launched a new mobile banking app designed to offer customers a faster, more secure, and user-friendly digital experience. The updated platform introduces a range of advanced features, including self-onboarding, which allows…
Africa holds 40% of the world’s solar energy potential—and yet receives just a fraction of the capital needed to unlock it. This is not just an inefficiency. It’s a failure of capital architecture—and a threat to global climate progress.…
The Anzisha Entrepreneurship Education in Africa (EEA) Summit, held on 6 August 2025 at the African Leadership Academy campus, concluded with a call to action for business and community leaders to support the continent’s very young…
Standard Chartered has released new research that points to growing interest in transition investing. Data highlighted that interest in transition investing alongside sustainable investing more generally is overwhelmingly high at 87% and…
KCB Bank has launched an upgraded version of its mobile banking application, promising faster performance, tighter security, and an easier-to-use interface as it steps up competition in the digital financial services market. The new…
