Latest business stories from across Kenya.
Co-operative Bank of Kenya PLC has announced that it has posted an 8.39% increase in profit after tax to Ksh. 14.08 billion for the six months ended 30 June 2025. This is up from the Ksh. 12.99 billion the bank posted in a similar period…
Each day, millions of people across Kenya rely on boda bodas to weave through traffic on the way to work, to move goods, access healthcare, and bridge the last mile. These fast, affordable motorcycle taxis power urban mobility and support…
Mary-Ann Musangi, daughter of the late Kenyan businessman Chris Kirubi, has been appointed to lead a taskforce for rebranding Kenya’s tourism sector. Tourism and Wildlife Cabinet Secretary Rebecca Miano selected Musangi to chair the…
The Bank of Algeria recently became the 18th member of the Pan-African Payment and Settlement System (PAPSS), a network created by the Afreximbank, the African Union (AU), and the African Continental Free Trade Area (AfCFTA). This step is…
Safaricom PLC has been named Winner of the Best Use of Digital Technology at the prestigious Chartered Institute of Procurement & Supply (CIPS) Africa Excellence in Procurement and Supply Awards 2025.
According to Analysts, wealth held at the NSE is being buoyed by impressive half-year earnings of the big banks such as Kenya Commercial Bank and Equity Bank that have witnessed a lot of investor activity.
An increasing number of Kenyan households are finding it harder to secure basics like food and shelter, the Consumer Outlook 2025 survey shows. The report by market research firm NielsenIQ shows that an increasing number of Kenyans can no…
MPs are debating a new Bill that seeks to regulate the naming and numbering of streets, houses, and buildings to improve planning and make it easier to deliver services. The Bill, known as the National Addressing Bill 2025, requires…
NCBA Bank successfully hosted its Gold Banking Customers in Nairobi, following the launch of the “Meet, Mingle & Money Talks” series in June this year.
Market Capitalization at the Nairobi Securities Exchange (NSE) increased to Ksh 2.59 trillion at the end of last even though there was a decline in traded volume and turnover. This is as the current earnings season continues to excite…
KCB Group shareholders will be smiling all the way to the bank to collect their fat dividend cheque after the lender declared a handsome payment on their shares, worth Ksh 13 billion, a development that has excited KCB share price at the…
The High Court of Kenya has placed D.T. Dobie & Company (Kenya) Limited, a long-standing fixture in the nation’s automotive sector, under liquidation with an official receiver taking the reins to wind down the insolvent motor vehicle…
The Monetary Policy Committee (MPC), the top policy-making of the Central Bank of Kenya (CBK) has cut the benchmark rate yet again, as taps that supply credit to the private sector remain dry.
Ajua has today announced the acquisition of Rate My Service (RMS), a Kenyan Customer and Employee Experience platform. The acquisition of Rate My Service combines two of Africa’s prominent CX platforms to expand reach and enhance…
PRESS RELEASE Tsinghua University School of Journalism and Communication and Rendeavour partner on research and teaching in Africa School of Journalism and Communication’s Teaching Base at Tatu City will foster China-Africa ties Tatu City,…
The World Health Organization (WHO) has officially announced a policy recommendation for the use of spatial repellents as a new tool in the global fight against insect-borne diseases like malaria. This is a milestone for SC Johnson, as its…
NCBA has today hosted its Gold Banking Customers in Nairobi, following the successful launch of the Meet, Mingle & Money Talks series in June this year. The series provides an in-person platform for NCBA’s Gold Banking clients to interact…
CIC Insurance Group Plc has reported a notable growth in its microinsurance policies, rising from 11 per cent in 2023 to 18 per cent in 2024. The increase highlights a growing trust and uptake of innovative microinsurance solutions among…
Airtel Money Africa has expanded its partnership with pawaPay, Africa’s largest mobile money payment service provider, to make it easier for people to send money across borders. The move will help licensed International Money Transfer…
Jubilee Insurance, in partnership with the Grand Nairobi Bike Race (GNBR), has officially launched the 2025 edition of the Jubilee Live Free Race, a premier cycling event set to attract thousands of participants from across the globe. In a…
Pressure has eased for firms in the Kenyan freight and agriculture sectors following a decision by the Energy and Petroleum Regulatory Authority (EPRA) to halt any increases for diesel price.
National Assembly Majority Leader Kimani Ichung’wah has outlined the new criteria for allocating Affordable Housing units, promising Kenyans a process that is both transparent and inclusive. Addressing Parliament on Thursday, August 14,…
Kenyans will get no respite in terms of lower fuel prices after EPRA adjusted fuel prices downwards by a very small margin. The Energy and Petroleum Regulatory Authority (EPRA) has published new maximum retail petroleum prices for the…
The Energy and Petroleum Regulatory Authority (EPRA) has announced a minor reduction in fuel prices, lowering the cost of Super Petrol and Kerosene by Ksh 1 per litre, while keeping Diesel prices unchanged for the next month. In a…
