Ruto Confirms Kenya Pipeline Company Privatisation Plan Amid Parliamentary Concerns
President William Ruto has confirmed that the process is already moving forward amid parliamentary growing concerns.
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Business
Latest business stories from across Kenya.
Kakuzi Share Moves Market Despite Drop in Profit
Kakuzi closed its trading Thursday at KSh 419.00, topping the list of price gainers from its previous close of KSh 381, a gain of 10%.
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New Rail Link to Connect Madaraka Express Passengers Directly to Mombasa
Kenya Railways has completed the construction of the Mombasa Commuter Rail Service, easing traffic congestion and connecting Madaraka Express passengers directly to Mombasa’s city centre. The Ksh.4.2 billion project links the Mombasa…
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KRA Cancels Erroneous Penalties for Compliant Taxpayers
The Kenya Revenue Authority (KRA) has announced that it has lifted penalties that were erroneously imposed on taxpayers who filed their income tax returns within the extended filing time. In a statement issued on Thursday, August 21, the…
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Google launches AI Mode in search for Kenya, Nigeria, and South Africa
Google has announced the launch of AI Mode in Search for users in Kenya, Nigeria, and South Africa, introducing a new era of AI-powered search. AI Mode transforms how people interact with Search by allowing them to ask nuanced and…
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Germany commits to supporting Kenya’s car industry, hailing KVM as strategic partner
Kenya and Germany have reaffirmed their commitment to deepening their cooperation in supporting the local automotive industry to spur skills development, adoption of modern assembly technologies, and promotion of green mobility solutions.…
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Veteran Banker Joshua Oigara Gets a Bigger Role in Standard Bank Leadership Changes
Dr Joshua Oigara has been appointed as Regional Chief Executive (RCE) for East Africa.
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Britam Launches Insurance Cover For Electric Vehicles
Britam General Insurance has launched an Electric Vehicle (EV) insurance cover in Kenya, designed to support the country’s growing shift to green mobility.
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Visa & PEMANDU partner to digitize government services & boost financial inclusion
Visa and PEMANDU Associates have partnered to support governments in advancing government efficiency and better sectoral outcomes for their citizens, while also driving greater financial inclusion and improved access and quality of basic…
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Safaricom B-Live is an unlimited mobile data option for heavy Internet users
Safaricom has unveiled B-Live, an unlimited mobile internet option for heavy data customers to be able to use the Internet. Customers can now access non-stop browsing of 1 hour at Ksh. 20, 3 hours at Ksh. 50 and 6 hours at Ksh. 150. “We…
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Things Kenyan CEOs are Most Worried About
Geopolitical tensions, cyber risks, energy prices and global recession are among issues that concern Kenyan firms the most, according to findings in the Central Bank of Kenya CEOs Survey for July 2025. This Survey was conducted between…
2 min read
Britam launches EV insurance to support Kenya’s green mobility push
Britam General Insurance has launched an Electric Vehicle (EV) insurance cover in Kenya, designed to support the country’s growing shift to green mobility. The product is tailored for both fully electric and hybrid vehicles. According to…
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Kenya Re-Insurance Tops Biggest Movers at NSE
Kenya Re-Insurance Corporation(KNRE), with a market capitalisation of KSh 14 billion was the busiest counter when trading closed at the Nairobi Securities Exchange (NSE) Wednesday.
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Legal Battle Stalls Ruto’s War on Corruption as Court Freezes New Taskforce
The High Court has put a stop to President William Ruto’s newly launched Multi-Agency Team on the War Against Corruption (MAT-WAC) after four petitioners challenged its legality. In conservatory orders issued on August 20, 2025, Justice…
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MPs Reject CS Mbadi’s Push for Exclusive Electronic Tender Plan
The National Assembly has struck down a Treasury directive that sought to make the electronic Government Procurement System (e-GPS) the sole method for processing government tenders, ruling the move unconstitutional and beyond legal…
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Bolt Launches Smartphone Dash Cam to Boost Driver and Rider Safety
Bolt has rolled out a first-of-its-kind dash cam service in Kenya through a partnership with AI-driven mobility tech firm Driver Technologies, offering drivers access to advanced safety features at a heavily discounted rate. The initiative…
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Joshua Oigara appointed Regional CEO for East Africa at Standard Bank Group
Standard Bank Group has announced that it has appointed Joshua Oigara as Regional Chief Executive (RCE) for East Africa. His appointment will take effect on September 1, 2025. He will continue to serve as Chief Executive of Stanbic Bank…
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Team Europe boosts Kenya’s renewable energy ambitions with €55M financing for hydropower
Team Europe, under the European Union’s Global Gateway strategy, has committed to a significant investment in Kenya’s renewable energy sector. At a ceremony in Nairobi, two key financing agreements were signed to support the country’s…
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IFC launches initiatives to combat gender based violence in workplaces
IFC has unveiled two initiatives to address gender-based violence and harassment (GBVH) in workplaces around the globe. The initiatives are the Gender Based Violence Center of Expertise and the Respect@Work Program. These initiatives aim…
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Proto Energy’s green initiatives saves over 7,000 tonnes of CO2
Proto Energy Limited announced today that its sustainability efforts have resulted in a saving of 7,085.76 tonnes of CO2 in the first half of 2025. This significant reduction, detailed in the company’s latest Sustainability Report, is…
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Zipline advocates for coordinated supply chain to achieve equitable healthcare in Kenya
Zipline has called for a national supply chain framework that will accelerate equitable health access for communities across Kenya by strengthening last-mile delivery and improving resilience. The call came during a high-level side event…
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How to register for the 2025 NCBA commercial & SME business trip to China
NCBA has announced the opening of registration for its second international business trip to China. This marks the fourth international business trip for its Commercial, and Small and Medium Enterprise (SME) customers, designed to connect…
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Absa Launches Kenya’s First Shariah-Compliant Account for Women Entrepreneurs
Absa Bank Kenya has unveiled La Riba Sultanah, the country’s first Shariah-compliant banking account specifically designed to empower women entrepreneurs. The move aims to enhance financial inclusion and support women in achieving…
2 min read
Japanese investors eye Africa as ATIDI, MUFG, & NEXI partner to de-risk investments
The African Trade & Investment Development Insurance (ATIDI), Mitsubishi UFJ Financial Group (MUFG), and Nippon Export and Investment Insurance (NEXI) co-hosted a high-level side event on the margins of the Ninth Tokyo International…
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